RE: Egypt's top Cleric pronounces Bitcoin trading 'unlawful'

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Egypt's top Cleric pronounces Bitcoin trading 'unlawful'

in bitcoin •  7 years ago 

Saying "Bitcoin is 'used directly to fund terrorists.' " is like saying the dollar is used to fund terrorists or the pound sterling "is forbidden in Sharia as it reasons harm to individuals, agencies and establishments.”

Frustratingly close minded.

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yes it's sad how close minded they are,I'm muslim and I live in Egypt but I trade bitcoin and cryptocurrencies because I know that there is nothing wrong with it and we can't say bitcoin is bad because some people use it for bad things in the dark-deep web.

When you look at the upsides associated with cryptocurrencies, especially companies like Stellar that are trying to bank the unbanked and you think about how remittance are a $500 billion industry this could be the big wealth transfer movement we need to change the inbalance of our world.