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14min chapter
The New Frontier E004: Bitcoin and Islam with Bitcoin Majlis
Onramp Media
Bitcoin in Islamic Economics: Myths and Realities
This chapter explores the role of Bitcoin within Islamic economics, addressing misconceptions about supply dynamics and traditional economic frameworks. It critiques the influence of Keynesian economics on Islamic teachings, contrasting government-standardized currencies with the inherent value of Bitcoin. Additionally, the discussion highlights Bitcoin's potential to challenge the riba-based financial system and emphasizes the need for greater education within the Muslim community regarding this digital currency.
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