Sound money and religious implications has been a personal project of mine, within cryptocurrency. Did you know there has been fatwas and declaration of haram against Bitcoin? It usually comes down to easy replication, as there are 1000s of QT-shitcoin clones, and Bitcoin's inflation. When we seriously evaluate the state of cryptocurrency, what projects do
not have inflation? 10-second tangent and then back to the topic, why we are all suckers in hopping onto these inflationary platforms? Inflation is a tax on the non-rich. The religions of the book, including Islam and Christianity (although not many follow the principles anymore), knew inflation was a scam.
I had been collecting empirical evidence on NEM users and NEM userbase does have a lot of Muslims. There were many swarming the Facebook pages back in 2014 and 2015. Today, the most NEM-users per capita are based out of Malaysia. Malaysia is actually the leader of Islamic Finance.
http://theconversation.com/islamic-finance-goes-global-but-malaysia-still-leads-the-way-27347 It is not a coincidence, because NEM is the only halal cryptocurrency.
Does NEM promote itself as a halal or Muslim coin? Definitely not. And I would say it goes both ways too. The many Muslim users in NEM do not proselytize about Islamic principles. Nevertheless, at some point, I would like to get affirmations of support from religious leaders in Malaysia.
