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RE: Egypt and Turkey ban cryptocurrencies under Islamic Sharia
I think most fiat currency is also haram, as Sharia law forbids usury and what else is inflation?
I think most fiat currency is also haram, as Sharia law forbids usury and what else is inflation?
I think the only ones volatile are the currencies that are not backed by solid assets. Sooner or later the country govs will either want a big piece of the pie or shut down the competition. Looks like its starting on a small scale now. Time will tell.