An interesting question is whether Bitcoin is money according to Islam.
Bitcoin is money and bitcoin is not something of religion and is a digital money you can spend Bitcoin the way you spend your paper money you . The thing is causing people to be confused of bitcoin is when they dis regards the currency as fraud and people use to collect money from other people illegally, nothing is islam religion for bitcoins because is everywhere 
Topic: May Bitcoin be considered money according to Islam? (Read 2661 times)
BTC is Haram if u think about it
But in Rome u do as the Romans do
Could argue about Mining as means of securing the value transfer aspect anyway for starters highly volatile nature of BTC implies it being Haram (one could argue that times have changed since back in the time 1 gold=1 gold and inflation was a matter of decades
Summing up - Send 1 BTC cash out 1BTC / pay for smth with BTC - OK , buy BTC with intent to make profit - Haram , so what if I get paid in BTC hold it and make a lot of profit (and the like situations ) well I suppose its the stress/energy that makes it Haram and I suppose this what Sharia is about having your ancestors wisdom to help u with life
But in Rome u do as the Romans do
Could argue about Mining as means of securing the value transfer aspect anyway for starters highly volatile nature of BTC implies it being Haram (one could argue that times have changed since back in the time 1 gold=1 gold and inflation was a matter of decades
Summing up - Send 1 BTC cash out 1BTC / pay for smth with BTC - OK , buy BTC with intent to make profit - Haram , so what if I get paid in BTC hold it and make a lot of profit (and the like situations ) well I suppose its the stress/energy that makes it Haram and I suppose this what Sharia is about having your ancestors wisdom to help u with life
Recently, Islamic religious scholars have banned the sale and purchase of bitcoins. It's funny
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It was passed by the Shariah Council apparently as being HALAL and can be used as money and most cryptos in general as well as long as they are not scams. It's also halal to join ICOS as it is considered a business venture and business partnership to ivnest in a legitimate business. I think this is good because it makes all people inclusive in joining the crypto revolution as long as Bitcoin is being sued by Everyone, it can also help local and big economies grow by diversifying money and decentralizing wealth all around. I hope more Muslims partake in this great tech leap venture forward as it will help unite people a supposed to divide them, which unfortunately politics tries to do by being partisan.
if what I know is that bitcoin according to Islam cannot be a currency but it can be an asset like an item that can be used as an investment and can be traded
Bitcoin is a digital money whichever way we look at it. The Islamic law may or may not recognize it but I know of some bounty that is being projected by Muslim, for example, Halal was one of them and I participated in promoting it. if Islam does not recognize bitcoin as money why did they projected those projects and worked on it till the end.
For me bitcoin is a digital money that has a value that needs mined. As what i understood in Islam if it is halal if it is lawful in traditional Islamic law. Maybe they considered it because they know is is lawful to their tradition.
I think it's money, it's only used digitally. Bitcoin has a value that is converted with USD, so it can be known by the public that today's bitcoin exchange rate is USD. In my opinion it is lawful because it is not gambling, and prices are made because there is supply and demand.
maybe I have not found a definition of money in Islam, but I have found an understanding of transactions, in Islam it is explained every thing that has a price or value can be a tool for making transactions. and I have not found any conditions that must be fulfilled in Islam so that a certain object can be said as money. and I think Islam does not give a certain definition of interpreting money. Islam only determines the number of things that can be used to transact, and bitcoin has fulfilled the requirements in the transaction.
An interesting question is whether Bitcoin is money according to Islam.
depending on how to get it if you get it by gambling, then obviously it is forbidden, and if you get it by working hard as instructed and paid in the form of BTTC, I think this is not illegal.
An interesting question is whether Bitcoin is money according to Islam.
I often see this post both locally and above. this is quite boring to answer, I think if crypto is contrary to conscience it should leave it especially for bounty hunters.
For me bitcoin is a digital money that has a value that needs mined. As what i understood in Islam if it is halal if it is lawful in traditional Islamic law. Maybe they considered it because they know is is lawful to their tradition.
in my opinion, Islam has very strict and clear rules for this problem, because Islam is a religion that has explained everything ... Islam only considers money to be tangible or shaped, so that buying and selling can be done directly or in cash, so that those who hold the money can feel and see for yourself the form of money ..
It is a pity that there are no official decisions of representatives of this religion about whether Muslims can use bitcoin as money. And everything that is not forbidden is allowed. In addition, bitcoin can hardly create any problems for people professing this religion.
I don't know much about this religion, but it is quite ancient, and it is unlikely that digital bitcoin technology can be recognized as a currency. But on the other hand, bitcoin does not bear anything bad or reprehensible, it is simply created to improve the modern financial system.
I don't think that it does matter which religion you have. I have never heard that dollar has been mentioned in the Islamic religion as well. It is business and financial side has nothing to do with religion
Opinion is very wise because all this time I myself have seen no opinion from followers of the Islamic religion about Bitcoin, they still follow and assume that this is really pure business and there is no other purpose.
people work hard in it, and they pour money on it and get the job done. It is not against the law in Islam so far, so it should not be haram, bitcoin is not money but digital currency and assets like that and lawful in Islamic law. so for those of you who are Muslim. Don't hesitate because Halal Bitcoin is used for you.
An interesting question is whether Bitcoin is money according to Islam.
according to Islam all things that are more beneficial than mudorat can be categorized as halal except those that are already prohibited, but if an object more mudorat benefits can be categorized as illegitimate, or if there are differences of opinion can be categorized as chaotic, but for the case of bitcoin Islamic scholars still have differences of opinion, there are those who forbid there are also people who allow, if we as entrepreneurs we take the good side if bitcoin for the means of selling is good, I don't think it's a problem
In my opinion Bitcoin depends on someone who uses bitcoin for what, for example bitcoin is used for terrorist purposes or for illegal drug transactions using Bitcoin, of course it is not permitted according to Islamic rules, it makes Bitcoin Haram, but if Bitcoin is used to buy and sell I think it's allowed.
I am not really sure with my answer but as we know that something that is halal can haram if we earn/get it by bad way. For example, milk is halal but if we get that milk by stole it from the owner then it will be haram. And I heard that omar want to make money in form of camel skin, but he didn't do it because if he do this then camel will be extinct, I have watched a tv show and heard about it.
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