One of the main reasons that some nobody like me ended up having to write a book like this is that scholars that analyze bitcoin do it from a hyper fixation on Fiqh that ends up not being very useful or practical. Like scholarly analysis will immediately narrow itself to legal classification about whether it’s ‘mal’ or ‘thaman’ or whatever instead of asking what kind of moral order it enables, or the possibility that it could resist institutional riba and state control, or how it could empower the individual Muslim. This is the tragedy of "Fiqh Maximalism" as it applies to Bitcoin. And in that vacuum, ordinary Muslims (like you and me!) who actually live under the tyranny of fiat have to step up and articulate the vision the scholars were supposed to. View quoted note →

😂 My barber really likes the book and wants me to help him get set up with a cold wallet now. I'll also help him get set up with Square for payments inshaAllah.

Always gotta have the alchemist in your crew View quoted note →

Legacy social media is a good outlet sometimes

The Cow (2:276) يَمْحَقُ ٱللَّهُ ٱلرِّبَوٰا۟ وَيُرْبِى ٱلصَّدَقَـٰتِ ۗ وَٱللَّهُ لَا يُحِبُّ كُلَّ كَفَّارٍ أَثِيمٍ ٢٧٦ Allah will deprive usury of all blessing, but will give increase for deeds of charity: For He loveth not creatures ungrateful and wicked. View quoted note →

So next week I'll actually be presenting at the Halal Money conference in the Bay Area insha Allah. I have a session where I'll be talking about "digital assets" 😒 but obviously this will be about Bitcoin. I only have a 20 minute session, so I'll do 15 minute presentation and 5 minutes for questions. This only leaves me time for about 5 or 6 slides, and keep in mind that most of these folks are suits working in finance industry. What graphics would you recommend I show? I think at a minimum I'll definitely show this one: Maybe I should show the historical chart of the Bitcoin price? The purchasing power of the dollar? What do you think?

Cyber cult formation View quoted note →

“how did we end up with 50 year mortgages?” “well it all started when someone thought it was a good idea to trust their goldsmith to hold their gold…”