103. Islamic Finance and Bitcoin with Safdar Alam
The Bitcoin Standard Podcast
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Is the Ownership of an Asset Important?
If you take exertion on the price, but you don't have the obligation of an owner, then you're not really the owner of the asset exactly. This has an impact when you write to rivetis for exam in the banking scene at the last financial crisis. When something negative happens, not only the owner suffers, but you get 50 people waiting in line who traded on on the shadow markets that they hurt even more than the original owner. For me, this is part of the wisdom in the prohibition of the speculation side of the markets.
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