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15min chapter
182. The Islamic Case for Bitcoin
The Bitcoin Standard Podcast
Exploring Islamic Finance Principles and the Prohibition of Interest
This chapter delves into the core principles of Islamic finance and its contrast with mainstream fiat finance. The guest, Saftar Alam, discusses the Islamic case for Bitcoin, examining the prohibition of interest in Islam and its potential harm. The conversation also explores the role of uncertainty, individual decision making, and the relationship between low time preference and civilization.
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