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Topic: Is It Possible that The Moslem Countries Can Accept The CryptoCurrencies System? - page 11. (Read 2689 times)

sr. member
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In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?

If there is another arab spring which produces widespread independence movements in middle eastern nations, it is possible existing banking systems could be overthrown as people embraced crypto currencies in an attempt to find alternative ways of doing things.

To a degree, middle eastern nations appear to be run by mullahs and religious clerics. I don't know if there is anyone with authority in the middle eastern world who would be pro bitcoin, that other arabs or muslims would listen to.

Middle eastern leaders tend to repress education and information on topics like crypto currencies. If there was a bitcoin following in the middle east it would likely be a small demographic.

Your posted question is bit sensitive to answer boldly, but, lets try to be liberal on the issue, lets not generalized but instead an objective opinion would be more safe.
The entry of crypto currency into the market does not indicate that a selected business investor are only accepted in this digital transaction, with emphasis on Christian or none Christian, the Eastern community wither they like or not, would be affected by the growing numbers of investors coming in into the Crypto currency Digital Transaction, in fact there some business financial community are looking into the Digital Transaction on Crypto in Dubai, United Arab Emirates, but no specific result yet. Let just hope that they will look into what benefits they can have from Crypto Currency market trading.
i agree. stating that those countries you have elaborated are from the east region, doesn't generalized that muslims are against crypto, let's not be bias around here, religions doesn't matter when it comes to crypto, anyone can use it freely if they just want to. technically when it comes to economic growth which includes crypto in general, doesn't really emphasize what's your religion anyway. let us just support crypto the way it is now without further discrimination, besides we all benefit to what it offers to us.
full member
Activity: 680
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In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?
Just asking is there any law that preventing our Muslim Brothers to use any cryptocurrencies? Cause since the beginning of my journey to crypto world I've never seen or even heard about preventing them to use cryptocurrencies. They can use it as long as they want unless it is banned in there countries.
sr. member
Activity: 1932
Merit: 370
In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?

If there is another arab spring which produces widespread independence movements in middle eastern nations, it is possible existing banking systems could be overthrown as people embraced crypto currencies in an attempt to find alternative ways of doing things.

To a degree, middle eastern nations appear to be run by mullahs and religious clerics. I don't know if there is anyone with authority in the middle eastern world who would be pro bitcoin, that other arabs or muslims would listen to.

Middle eastern leaders tend to repress education and information on topics like crypto currencies. If there was a bitcoin following in the middle east it would likely be a small demographic.

Your posted question is bit sensitive to answer boldly, but, lets try to be liberal on the issue, lets not generalized but instead an objective opinion would be more safe.
The entry of crypto currency into the market does not indicate that a selected business investor are only accepted in this digital transaction, with emphasis on Christian or none Christian, the Eastern community wither they like or not, would be affected by the growing numbers of investors coming in into the Crypto currency Digital Transaction, in fact there some business financial community are looking into the Digital Transaction on Crypto in Dubai, United Arab Emirates, but no specific result yet. Let just hope that they will look into what benefits they can have from Crypto Currency market trading.
legendary
Activity: 2562
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In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?

If there is another arab spring which produces widespread independence movements in middle eastern nations, it is possible existing banking systems could be overthrown as people embraced crypto currencies in an attempt to find alternative ways of doing things.

To a degree, middle eastern nations appear to be run by mullahs and religious clerics. I don't know if there is anyone with authority in the middle eastern world who would be pro bitcoin, that other arabs or muslims would listen to.

Middle eastern leaders tend to repress education and information on topics like crypto currencies. If there was a bitcoin following in the middle east it would likely be a small demographic.
full member
Activity: 252
Merit: 104
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It is not only possible but a couple of months ago there was an article written about cryptos in regards to our Muslim friends. Read more: https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-islamic-law-muslims-cryptocurrency-market-permissible-sharia-news-price-surge-a8302761.html
newbie
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In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?
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