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Muslim Bitcoiner
Mbitcoiner@Bitcoinmajlis.nostr1.com
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Bitcoin cultist. Co-founder of Bitcoin Majlis. Author of Anti-riba Money.
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Mbitcoiner 3 months ago
First thing I see when I get on X Getting really sick of legacy social media in general. Every npc is like this. image
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Mbitcoiner 3 months ago
Any kind of Bitcoin product that leverages fiat debt just seems so uninteresting to me. I get that it may be necessary on the road to greater bitcoin adoption in finance spaces, but it's hard to get excited about. It just doesn't turn me on. Way way cooler and most useful stuff happening in Bitcoin and nostr spaces to be distracted by bitcoin backed loans. View quoted note →
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Mbitcoiner 3 months ago
They're both just socialism with Jewish characteristics image
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Mbitcoiner 3 months ago
Need to get to New York so I can help Caliph Zohran make these kuffar pay the Jizya. They all have to pay in Bitcoin of course.
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Mbitcoiner 3 months ago
"The tension between scarcity and liquidity is what gives money currency—that is, the social charge and momentum that allows it to circulate. In other words, the closure constituted by scarcity is the condition of possibility for money's functioning as a cybernetic system, or a system of circular causal feedback, while liquidity represents the bandwidth for transacting with that money in a particular market. Money therefore displays the properties of information entropy: It is the least costly way of increasing the probability of settlement (creditor satisfaction) under defined social conditions of exchange (markets)." View quoted note →
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Mbitcoiner 3 months ago
This is crazy to think about. If we can get just a few hundred Muslims on Nostr, each connected to different relays, all zapping each other daily, you start to see the beginnings of a circular economy in cyberspace. But unlike fiat-based circular economies, this one would revolve entirely around high-signal digital production, essays, podcasts, memes, vlogs, art, code, shitposts, whatever. Each zap becomes like a form of digital patronage or an act of value exchange between sovereign Muslims operating outside the reach of banks, governments + corporations. This could easily evolve into the seedbed for how real world capital begins to flow through Bitcoin. I haven’t even fully wrapped my head around what that means yet, but the implications would be that Islamic banks would either fade into irrelevance (as they are already) or be forced to adapt to the new culture we establish here on Nostr. It's the first prototype of a financial ummah in cyberspace! View quoted note →
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Mbitcoiner 3 months ago
The longer I'm in this Bitcoin space, the more I realize that this project is never going to be for normies, at least not any time soon. Like, even if normies wanted to try buying bitcoin from the exchange, they are just not going to grok the sovereignty aspect of it. They're never going to see its utility. It's always going to seem 'foreign' to them. The real shift won’t come from the compliant biomass. It’ll come from the strange and the unyielding, the nomads of cyberspace, orbiting the periphery, who refuse the state, who speak through memes and shitposts, who are already building the future on Nostr. That's why I'm here with all of you.
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Mbitcoiner 3 months ago
"The result is the poverty of contemporary Islamic intellectual life. We rely on ideas formulated in the late 19th and early 20th centuries, not because these ideas are adequate to our moment, but because we have lost the capacity to generate new ones. The institutions that might critique, refine, and build upon these earlier efforts do not exist, for the most part. Venerated institutions such as Al-Azhar are husks of their former selves. The class of people who might staff such institutions was destroyed. We are left with degraded copies, slogans repeated without understanding, and an amnesia so profound we do not even recognise what we have lost." Read the full Kasurian essay here: image