Bitcoin is FORBIDEN in some religions (Islam) !

Why bitcoin is FORBIDEN in islam ?

Dr. Shawki Allam the current Grand Mufti of Egypt, confirmed that it is not permissible to share the currency of the "BITCOIN" and to deal with selling, buying, leasing, etc., but it is forbidden to participate in it because it is not considered an acceptable mediator for exchange from the competent authorities. And its value and value, as well as the exercise of the exercise of high risks to individuals and countries .
It is an electronic currency that can be compared to other currencies, such as the dollar or the euro, but with several fundamental differences. One of the most prominent features of this currency is that it is fully electronic. It trades online only, without physical presence. It is not printed as a commodity or traded in ordinary economic markets.
Financial experts shared their view of the future of the digital virtual currency (BITCOIN), which dominated economic discussions, after reports that the currency was on its way to remove the strong US dollar from the global currency throne, as an alternative in the near future.
In return for the fatwa of the Grand Mufti of the Republic, this currency is not covered by tangible assets, does not need to be issued any conditions or controls, and does not have financial dependence in any central economic system, and not subject to the powers of regulators and financial institutions; because they rely on trading online without control and control .
He explained that dealing with this currency by selling or buying and possession needs to encrypt high protection, with the need to make backup copies of them for maintenance of piracy, and said that it is not recommended as a safe investment because it is a type of high-risk investment, where it deals on the basis of speculation Aims to achieve extraordinary profits through trading in selling or buying, which makes their environment experiencing strong fluctuations unjustified up and down.
He added that the responsibility of the error borne by the same person towards others, and may lead to the loss of capital in full, and can not recover something of the amounts lost because of this often, contrary to the customs and traditions of the bank used to protect the customer electronic payment methods that make banks when the dispute with the investor keen on This dispute is resolved in a manner that preserves its banking reputation.
The Mufti added that, based on the above, this virtual currency can not be considered a mediator that can be relied upon in the transactions of people and their livelihood; for the loss of conditions considered in money and currencies.
and therefore the BITCOIN is forbiden on islam !