Muslims think very deeply about Bitcoin, will the price go up, will we be in a bull 🐂 market or bear 🐻? Will Michael Saylor buy more or dump his bags? But what we should be thinking about is, have we paid zakat on it? When do we pay zakat on it? How can we give it in Bitcoin?
Every so often, when I receive money in fiat, I have this mini-dialogue in my head… “Should I smash buy bitcoin? Or wait until it goes down lower and I get a better price?” And like clockwork, I have to remind myself “I’m not here to ‘make more fiat! I’m here to escape Ribaa and to be self sovereign with my wealth, so when I’m asked on the day of judgement ‘how did you struggle for your deen in this world?’ I can say ‘I avoided Ribaa fiat even everyone around me told me it’s not worth it!!’” Guys, it’s 100% worth it.
Self sovereign much?!
Whoever boycotts coffee from Starbucks yet does not boycott fiat is lying to themselves … just saying
I just finished chapter 10 in @savingsatoshi! Done, alhamdulillaah. This was a challenging experience, and worth every step of the way. Loved the story, the tasks, the challenge. It’s worth it if you know python or javascript. I have to say, however, that the cohorts I did this year with @bitshala_org @CodeOrangeDevs and reading @jimmysong Programming Bitcoin, along with doing all the exercises and tasks in the above went a long way to completing this. It would have taken me easily more than double the time without that year long intro, maybe triple. So if you know nothing about the inner workings of Bitcoin, never engaged with a node via rpc calls, or have no idea what an OP_CODE is, then maybe read up on those things first. Besides this...This is a GREAT way to get into Bitcoin development. It will (or should) expand your mind in what you can do with Bitcoin, and the possibilities with this decentralised censorship resistant Halal money for everyone. And if you want to start this journey, check out above mentioned cohort with Bitshala, CodeOrange or Jimmy’s book. Bitcoin development is part knowledge about coding languages, and part Bitcoin procedures and protocols. How to communicate with the network