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32min chapter
The New Frontier E004: Bitcoin and Islam with Bitcoin Majlis
Onramp Media
Bitcoin and Islamic Finance: Bridging the Gap
This chapter explores the origins of Bitcoin Majlis and the speakers' journeys into Bitcoin, focusing on its connection to Islamic principles, particularly the concept of Riba. They discuss Bitcoin's potential as an anti-Riba currency, its relationship with gold, and the intrinsic value debate, alongside its implications for Islamic finance. The conversation emphasizes the necessity of rethinking fiat currency as 'Riba money' and the potential for Bitcoin to enable more authentic Islamic financial practices.
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