Itβs a shame that when Muslims first encounter Bitcoin, the only instinct is to rush toward a halal-haram verdict so it can be traded back into fiat. What should be an encounter with a radically different monetary paradigm is reduced to jurisprudential box checking and the endless search for a βpermissibleβ token to speculate on.
It's like the conversation can only collapse into degenerate trading and compliance theater, like the highest ambition our tradition can muster is finding the cleanest way to participate in the same broken Riba infested system.
What should be a conversation about digital+financial sovereignty, resistance to institutional riba, lowering communal time preference, and reconstructing a viable moral economy through sound money never happens. The project of cultivating an alternative monetary consciousness and laying the ethical foundations for new forms of economic and civilizational coordination in cyber is simply abandoned.
