Indonesians Are Trying to Make Crypto Halal

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  • Опубліковано 15 бер 2022
  • Cryptocurrency is booming in Indonesia, with millions of Indonesians looking to crypto investments as a way of making quick money after two years of pandemic-fueled economic decline. But in the world’s most populous Muslim country, religious authorities have spoken out against the risks of cryptocurrency, and declared crypto transactions against the rules of Islam.
    We investigate the religious dilemma at the heart of crypto’s future in Indonesia, speaking with Islamic clerics, working class Indonesians attempting to use crypto to supplement reduced incomes, and a Sharia financial planner who champions the compatibility of Old Testament religion with this latest financial technology.
    Help keep VICE News’ fearless reporting free for millions by making a one time or ongoing contribution here. - vice.com/contribute
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КОМЕНТАРІ • 919

  • @Jet_trucks_official
    @Jet_trucks_official 2 роки тому +404

    Walmart and eQardcoin token just signed a collaboration??

  • @valerieberger105
    @valerieberger105 2 роки тому +24

    Indonesia is not a Muslim country. It's a country with the highest Muslim population. Why is that so hard for western media to get right?

    • @XXXXXksaXXXXX
      @XXXXXksaXXXXX 2 роки тому +2

      idiots think states have religion

    • @ankurantil8917
      @ankurantil8917 2 роки тому

      Western perspective is so F*cked up....you can't help them

    • @abdimajidmohamed1463
      @abdimajidmohamed1463 2 роки тому +2

      What do you call a country with more than 90% of its population Muslim and is also home to the highest population of Muslims all over the world?? A muslim country ofkos

    • @cereama6023
      @cereama6023 2 роки тому +1

      @AccessGranted1337 bro even if indonesia has a muslim majority it still doesn't make it an islamic country because of the meaning of islamic country are country that ruled with islamic laws and indonesia is not ruled by islamic laws

    • @inlikearefugee5194
      @inlikearefugee5194 2 роки тому

      Thanks Valerie for putting it straight, it could also has the highest rate of conversion to Christianity.

  • @Sprix0
    @Sprix0 2 роки тому +452

    eQardcoin token will make millionaires, after CEX listing it will blow up.

  • @jokerp.m.l2324
    @jokerp.m.l2324 2 роки тому +577

    eQardcoin token is awaiting major CEX listings. It's possible to hit 100x this year.

  • @azzeddinebenferhat7060
    @azzeddinebenferhat7060 2 роки тому +335

    EQardcoin token will moonshoot after CEX listing..

  • @andrewj3177
    @andrewj3177 2 роки тому +146

    As an indonesian, we even charge money to halal labeling refrigerator & cat food. its like doing "green washing" in the west, but we do "halal washing" instead lol, probably

    • @sheedyaja6465
      @sheedyaja6465 2 роки тому +19

      Gotta be halal everyday everytime

    • @andrewj3177
      @andrewj3177 2 роки тому +4

      @@sheedyaja6465 yoi cuk

    • @Omer1996E.C
      @Omer1996E.C 2 роки тому +2

      @@andrewj3177 probably?? Fo you even understand halal? And are you serious?

    • @nathanwycoff4627
      @nathanwycoff4627 2 роки тому +8

      its funny how the same theme crops up in different places :)

    • @Pfyzer
      @Pfyzer 2 роки тому +6

      it's not. i can tell you that, the Halal label in indonesia goes through process that accounts for the definition of Halal
      Green washing happens when companies uses Green to something that isn't green

  • @DEXWrecksOfficial
    @DEXWrecksOfficial 2 роки тому +283

    Gotta keep it Halal all the time, 100% bro

    • @getonthecrossanddontlookba5004
      @getonthecrossanddontlookba5004 2 роки тому +5

      Repent to Jesus Christ
      “I will say of the Lord, “He is my refuge and my fortress, my God, in whom I trust.””
      ‭‭Psalms‬ ‭91:2‬ ‭NIV‬‬
      J

    • @ah1hu
      @ah1hu 2 роки тому +26

      @@getonthecrossanddontlookba5004 go away

    • @user-jr7mj1db3p
      @user-jr7mj1db3p 2 роки тому

      ....!

    • @spidey885
      @spidey885 2 роки тому +6

      @@getonthecrossanddontlookba5004 go away

    • @thatonebloke4039
      @thatonebloke4039 2 роки тому +1

      Aye we gotta keep it halal, brothers

  • @danyal2580
    @danyal2580 2 роки тому +395

    For the people who don't understand. Crypto currencies in Islam are a grey zone. Some Islamic scholars have permitted it, whereas some have not. There is disagreements as to whether it is actually considered currency, considering it is not commonly used or whether it is a gamble.

    • @mazadancoseben4818
      @mazadancoseben4818 2 роки тому +7

      @@i.k.8868 , u

    • @tvisho
      @tvisho 2 роки тому +88

      @@i.k.8868 I care

    • @i.k.8868
      @i.k.8868 2 роки тому +39

      @@tvisho why would you care what some weirdo with a beard from the stone age says this or that? This is the 21st century. There is no need for fairy tales like the quran.

    • @andrewjones575
      @andrewjones575 2 роки тому +14

      @@i.k.8868 Agreed - the 4 March Peshawar mosque attacker did that in the name of the same religion.

    • @tferej7255
      @tferej7255 2 роки тому +21

      @@i.k.8868 i do

  • @colin7406
    @colin7406 2 роки тому +37

    It makes me sad to see people in poor countries trying to trade crypto.. It's not gonna work man, just hold it

    • @Pfyzer
      @Pfyzer 2 роки тому +6

      yea, i think that's exactly what poor countries don't fully understand about the crypto market, all the cryptos are profitable using Western economy, getting into crypto is very expensive. not to mention the amount of crypto scams that happened in Indonesia

    • @jjcoola998
      @jjcoola998 2 роки тому

      Let them get rug pulled great idea

    • @getonthecrossanddontlookba5004
      @getonthecrossanddontlookba5004 2 роки тому +1

      Repent to Jesus Christ
      “I will say of the Lord, “He is my refuge and my fortress, my God, in whom I trust.””
      ‭‭Psalms‬ ‭91:2‬ ‭NIV

    • @Ozymandias1
      @Ozymandias1 2 роки тому +2

      Also doesn't work for most people in rich countries. Most people don't have the mentality to become successful traders. They let themselves be motivated by greed and fear, two sure ways to be parted of your money.

    • @colin7406
      @colin7406 2 роки тому +1

      @@Ozymandias1 Exactly, I've tried it many times. I think less than 5% will find long term success

  • @onesedit9329
    @onesedit9329 2 роки тому +536

    Eqardcoin token and amazon signed a partnership. It will blow up once it hits mainstream.

    • @thesnippa_x_killa5725
      @thesnippa_x_killa5725 2 роки тому +6

      Crypto bot

    • @TheRed4123
      @TheRed4123 2 роки тому +2

      So many bots in the comments

    • @tmak4699
      @tmak4699 2 роки тому

      the whole crypto game is based off bitcoin...bitcoin tanks they all do

  • @IKEMENOsakaman
    @IKEMENOsakaman 2 роки тому +114

    After watching this video, I still don't understand the essence of what Crypto Halal is...

    • @idriszamani4031
      @idriszamani4031 2 роки тому +6

      tbh its really complicated

    • @edifier107
      @edifier107 2 роки тому +44

      Everything with religion is complicated tbh

    • @umeshjagtap7823
      @umeshjagtap7823 2 роки тому +1

      halal currency...? only muslim can use it or made for only OIC countries

    • @Sauce787
      @Sauce787 2 роки тому +20

      It has to do with whether or not crypto is viewed as a currency or a speculative asset. Most people don't purchase crypto to use it in the same way they would use a dollar, crypto is mostly used as a speculative asset something that people buy to sell back when its price increases. Unlike normal currencies which are designed to remain as stable as possible, cryptocurrencies value fluctuates constantly and people make money off of Market fluctuations which I guess is Haram.

    • @risottoyagami4151
      @risottoyagami4151 2 роки тому +6

      @@edifier107 Says the sheep...

  • @jamesdoe5804
    @jamesdoe5804 2 роки тому +39

    A bit late on the news though. A lot of those investment are through binary options or robot trader that mostly a scam. A lot of those just collapsed and lots of people lose money in Indonesia.

    • @user-jr7mj1db3p
      @user-jr7mj1db3p 2 роки тому

      ....!

    • @xa-12markiv55
      @xa-12markiv55 2 роки тому +1

      Fantastic.

    • @mirizid9667
      @mirizid9667 2 роки тому

      @Joscha Wexler It's been the headline here

    • @skyfeelan
      @skyfeelan 2 роки тому

      mostly? all of binary option are scam

    • @henryhamilton4087
      @henryhamilton4087 2 роки тому

      The other thing is, those that are binary options or robot traders that are a scam are mostly not approved by the OJK (Monetary Services Authority).

  • @MrDanMeman
    @MrDanMeman 2 роки тому +42

    You know it's a good investment when the health juice vendors in Indonesia are talking about it like market experts.

  • @thesnippa_x_killa5725
    @thesnippa_x_killa5725 2 роки тому +5

    You do know that your comment section is now full with crypto bots right?

  • @december1720
    @december1720 2 роки тому +2

    as you may concerned although indonesia is the highest muslim population in the world, but they are not an islamic county meaning shari'a law weren't implement in a daily basis specifically financial terms and technology. i gotta say that makes them growth in a modern world.

  • @theworldaroundsha1181
    @theworldaroundsha1181 2 роки тому +3

    “Kita tetap harus berpikir logika saja” betul kak!

    • @minghueileong
      @minghueileong 2 роки тому

      Kak preaches DCA (Dollar Cost Averaging)!

  • @paceyombex
    @paceyombex 2 роки тому +44

    Some pieces of advice from me. Invest in things that you understand, whether it's stock, gold, or cryptocurrency. Do your own research, and like any investment, don't expect to get rich quickly. Greed is a deadly sin.

    • @paceyombex
      @paceyombex 2 роки тому +4

      @@mindgames2846 Yeah, that's why I don't put my money on crypto yet. Because no matter how much I said to myself that I got it, I don't, yet. I have stocks and bonds tho, because I understand the fundamentals.

    • @DaniA-qq5kv
      @DaniA-qq5kv 2 роки тому

      @@paceyombex Paying for money to get another money, this coin was just about demand and supply things. When people said that using cryptocurrency would made the payment easier, why wouldn't they use OVO or Gopay or any other e-money LMAO. Agree with you.

    • @maman89
      @maman89 2 роки тому

      @@paceyombex true that neighbour, it can be disheartening to see bit coin worth less than a dollar when I could have bought it to where it is now but then again I don't fully understand where is the value coming from aside from tiktokers claiming its the best thing ever. The only real money I see is in crypto seminar.

  • @M3LSK1
    @M3LSK1 2 роки тому +7

    what.

  • @Pfyzer
    @Pfyzer 2 роки тому +18

    to those who doesnt know, the fatwa comes after series of crypto scams happened in Indonesia, many are intrigued with the idea of a "get rich-quick" schemes. it's not hard to pull of especially once you've become an influencer. so before you say it's because of religion they are banning crypto. even non religious gov't will put law and order about crypto, to which the U.S. is already doing that and are still currently doing it. We call it, The Senate

    • @HerbertLye
      @HerbertLye 2 роки тому

      Assalamualaikum warahmatullahi wabarakatuh.
      What does a scam scheme has gotta do with a financial medium? Ppl get scammed with other schemes. Why don't they strengthen their Aqeedah teachings and practices on how not to fall into shaytan's traps instead of putting on a useless fatwa?

    • @Pfyzer
      @Pfyzer 2 роки тому +2

      @@HerbertLye ironically enough, my mother commented about this fatwah as similar as when internet was first introduced and started to become popular in indonesia as scamming methods was very effective when new technologies were first introduced, hence the "stupid fatwah", so the matter as a whole become that the consensus for the fatwa was to protect those who aren't well versed in the new technology... as time when on and people are starting to get used to internet the fatwa is lifted because the indonesian people now knows how to navigate the online space.... so she predicted, just as many as well, the fatwa of Crypto is going to follow the same route as more and more people learn...
      well, we see it as stupid or useless because we are quick to judge before understanding.... people need time, Muslims or not to strengthen their awareness of danger of the things they do not understand or can't comprehend, that's why in US we have have laws that protect consumers from crypto scams.... only recently tho

    • @knossostellel-amarna8502
      @knossostellel-amarna8502 Рік тому

      So you are saying people should not risk starting a business since it might fail, ie. risky speculation? How do you determine what is speculation? Spending so many hours of one's life believing in some story written ages ago to not enter hell but heaven is also speculation in my opinion & thus people should avoid believing

  • @Adrianirsyad1
    @Adrianirsyad1 2 роки тому +3

    we indonesian so many of us doesnt really care halal haram, we drink alcohol sometime and dating a girl before marriage altough this is forbidden in islam

    • @abdimajidmohamed1463
      @abdimajidmohamed1463 2 роки тому +1

      Stop with the lies man, you wanna be westerner. You probably not Indonesian

    • @newbabies923
      @newbabies923 2 роки тому +3

      We? Who you mean with we? Lmao maybe only you and your people

  • @OfficialKraze
    @OfficialKraze 2 роки тому +4

    I used to trade crypto w Indonesians for foreign currency and marketplace. People's making a bunch on crypto. Digital markets in games etc are cheaper in other regions when they aren't region locked which leads to them using crypto to sell the items needed to buy games or in game currency at a fraction of the dollar. Used to do this during Valorant early on and get $100 VP packs for $60. Then it got region locked.

  • @darryllew
    @darryllew 2 роки тому +1

    im indonesian and im catholic 😇, we welcome all religion here

  • @kevinkurniawan3292
    @kevinkurniawan3292 2 роки тому +2

    Fatwas have no legal binding power in Indonesia. Although the strong wording like "haram", they merely serve as guidelines for Muslims, leaving it up to them to be followed/practiced or not. There are no legal consequences, none whatsoever.

  • @DewaKopling
    @DewaKopling 2 роки тому +22

    I agree to some extent, some other problems are:
    1. its hard to find a good teacher and lack of good information..most teacher are scamers, the good ones is hard to find
    2. Lots of old people hoping that its a guarantee win and a "Money multiplying method"
    3. Lots of people here isnt smart or responsible with their money
    4. Most people see this as a main income, not a side hustle when starting out..they put in huge amount and loss, not little by little
    5. Lots of new scam coins popping out (My brother fell into that trap and now regrets it)
    6. There will always be a speck of dust even if its supperrr clean, nothing is truly 100% guarantee clean af..even bank have those speck of dust, not everything need to be stamp with halal ffs...what's next halal gasoline for halal cars

    • @Omer1996E.C
      @Omer1996E.C 2 роки тому +2

      You're saying all this just because you don't understand why is it islamically controversial in the first place, so shut up

    • @user-qt1rd7qx3h
      @user-qt1rd7qx3h 2 роки тому

      In the ideal Islamic society yes everything needs to be halal. Whether it's the sourcing, the workers treatment, the actual contents of the goods and so on. Obviously this can't be fully realized because of lack of halal products or people don't always notice. However Muslims should still strive towards complete halal compliance even if they might never reach it.

  • @hagbardceline9909
    @hagbardceline9909 2 роки тому +2

    "Tonight, on Sick Sad World!"

  • @Jerry-dy5fb
    @Jerry-dy5fb 2 роки тому

    This is a awesome video 😎

  • @ondafamily6212
    @ondafamily6212 2 роки тому +14

    If the Muslim Council was receiving more donations from crypto than their own fiat currency, then I'm sure they'll quickly reconsider

    • @bobbyshmurr569
      @bobbyshmurr569 2 роки тому +8

      ahahaha your ignorance is showing, you must have mixed the Muslim Council with the church you jokeman. We don't do that stuff here, we don't put our hereafter at risk in exchange for some benefits of this temporary world. Islam (THE TRUTH) is our greatest wealth, nothing is more important.

    • @montaser9985
      @montaser9985 2 роки тому

      Islamic institutions don't receive donations unless for charity, unlike the church.

    • @xa-12markiv55
      @xa-12markiv55 2 роки тому +1

      @@bobbyshmurr569 You and me are fellow Human brothers, Leave Islam for my sake please.

    • @TheInvisible6812
      @TheInvisible6812 3 місяці тому

      ​@@xa-12markiv55 When satan tried to convince you to hell...
      Don't listen these satan waswas!

  • @MinotaurvsCyclops
    @MinotaurvsCyclops 2 роки тому +2

    That woman was absolutely correct, DCA!!!!!!

  • @RenaMiiiiiii
    @RenaMiiiiiii 2 роки тому +15

    Stay halal brother 😎🙏

    • @thomasrino8658
      @thomasrino8658 2 роки тому +1

      It's bullshit
      I m ex muslim from Jakarta 🇮🇩
      God bless all
      Now Christians ✝️

    • @teorisemasa
      @teorisemasa 2 роки тому +1

      @@thomasrino8658 who cares?

  • @tylerhackner9731
    @tylerhackner9731 2 роки тому

    Interesting

  • @fredeatstheworld308
    @fredeatstheworld308 2 роки тому

    actually the best time to buy is now potentially we will bullrun within 1-2months or we will fall further remember to set stop losses.

  • @HinduPAGANcowpissdrinkerRAKESH
    @HinduPAGANcowpissdrinkerRAKESH 2 роки тому +8

    Indonesia Malaysia leading the halal business model revolution ❤️

    • @theallseeingeye9388
      @theallseeingeye9388 2 роки тому

      I hope Indonesia does better than Malaysia in snaring the huge halal food market, demand which is mainly from the Middle East.
      Malaysia had a head start with its push to be the worlds largest halal food hub, but unfortunately lost the race the moment the gun was fired.
      The middle easterners who had ideas to invest and do business in Malaysia decided not to do so once they started dealing with JAKIM. Whispers through the grapevine is that they were put off by blatant corrupt expectations and demands made by the officers from JAKIM.
      Long story short, they found Thailand offered a better environment and ecosystem that met their needs.
      Thailand is rhe worlds biggest halal hub today.
      One can count Malaysia out from being part of any economic race in SEA as its a horse with a broken leg at the moment and will continue to be one unless it manages to start cleaning up its executive branch and civil service. It wont be able to do much as long as thr enforcement agencies and the courts are not trully independent from the executive branchs shadow of influence and inteference.
      Meet the next sick man of SEA.

    • @jhellothereguy3844
      @jhellothereguy3844 2 роки тому

      @@theallseeingeye9388 bruuuh malaysia better than indonesia as leading role model of having best driver and health system plus with them having atleast a sex education

  • @Barweezy
    @Barweezy 2 роки тому +22

    If you think crypto backed by gold held by a custodian is the solution, then you’re missing the whole point of crypto.

    • @Ahmed-ef3bg
      @Ahmed-ef3bg 2 роки тому

      Crypto isn't decentralized at all. Market makers control liquidity access to the biggest pools. They are in cahoots with the feds. "Blockchain" might as well be synonymous with "digital fingerprints"

    • @chronohax7186
      @chronohax7186 2 роки тому

      well tbf, the main point of crypto is decentralised, you could say PoS style crypto technically very similar to money being tied to gold.

  • @danieljones1784
    @danieljones1784 2 роки тому +1

    Invest in land. They are not making more of it. Only problem is land is so expensive in Java.

  • @user-et3sh1hw3d
    @user-et3sh1hw3d 2 роки тому +591

    I believe EQardcoin Token will change E-commerce forever. Thank me later!

    • @andrestc3146
      @andrestc3146 2 роки тому

      ?

    • @nickt.2507
      @nickt.2507 2 роки тому +28

      Bot comment, bot likes, and a bot reply, just ignore this

    • @aviksblog8145
      @aviksblog8145 2 роки тому +1

      @@nickt.2507 This upvote this so it's see people

    • @CoffeePoints
      @CoffeePoints 2 роки тому

      I am also a bot thank me later

    • @religionisapoison2413
      @religionisapoison2413 2 роки тому

      @@CoffeePoints what qualifies it as a bot

  • @sebastianwardana1527
    @sebastianwardana1527 2 роки тому

    Yes, buy and sell in small amounts, thats already happening. Nobody accepts big amounts of crypto anyways on the market, you have to limit the amount of currency in order for others to make commerce with you anyways... you can always buy crypto too, anybody can.

  • @stephonash937
    @stephonash937 2 роки тому +73

    Just looking at that naked chart with the price and volume it looks absolutely atrocious. What stands out is the "M" double top and no volume compared to the volume that was there with the run up.
    The ichimoku said Bitcoin entered a bear market a while ago. I can't remember the exact date it flipped into a bear market. It was several weeks after the 69,000 top. 69 aka the meme number. That speaks volumes that a meme joke number marked the exact top.
    The majority are in denial that crypto is even in a bear market. It absolutely is and has been for a while. The thing most people don't realize about crypto bear markets is that it's not only about price. It's more about time. It will likely take until the next halving for the next bull market to happen.When news gets bears/dips start buying

    • @thehefflefingers5584
      @thehefflefingers5584 2 роки тому

      You have to get into trading with an expert and start earning if you want to make it in the new world, thanks anyway Robert!!

    • @sherylcombs1530
      @sherylcombs1530 2 роки тому

      His an inspiration to all newbies and those who have been fortunate to have made use of his signals

    • @bradleymckinney1621
      @bradleymckinney1621 2 роки тому

      saw this same comment on Crypto channels. who is Robert ,how can I get hold of him?

    • @stephonash937
      @stephonash937 2 роки тому

      T E ㄥ E G R A ᗰ.,.

    • @stephonash937
      @stephonash937 2 роки тому

      Rfranzkirkland.,.

  • @michaelcatalanottohandyman
    @michaelcatalanottohandyman 2 роки тому +10

    Just my opinion but I would not invest in crypto currency simply because it’s not backed by anything like real estate or gold or other tangible assets/investments. To me it feels like Monopoly money (fake toy currency ) because someone created it out of thin air and now that the value of bitcoin increased so much over the years now we see more and more different types of crypto popping up. Basically just another form of “ pyramid scheme “. Just my opinion tho.

    • @MultiDell90
      @MultiDell90 2 роки тому

      Lol 😂 you are kiddo

    • @MeneerShaniel
      @MeneerShaniel 2 роки тому

      people won't get this 😂

    • @AliKhan04
      @AliKhan04 2 роки тому

      Oh Michael

    • @chronohax7186
      @chronohax7186 2 роки тому +1

      you are not wrong, people trust to much on fads and hopeful wishes. i honestly wont be surprised if one day crypto break or something considering how unstable some techs are. people are too positive about the competency of our technology imo

  • @ramthian
    @ramthian 2 роки тому

    Thanks again

  • @ericjohnkhawas9163
    @ericjohnkhawas9163 2 роки тому +1

    Oh my god !!! What's happening in this world

  • @damedesuka77
    @damedesuka77 2 роки тому +3

    Rather than arguing if it's halal or not, I think the more pressing matter is educating the common people about how crypto works.
    Indonesia still has a huge economic gap (and education gap, and so on) among its people. So many people are jumping on the crypto bandwagon without properly understanding how it works because they think it's gonna provide quick and easy profit. Free money, right?
    And then they ended up losing their money instead of gaining anything, because of bad decisions or just straight up being scammed. Scammers are everywhere. Bogus apps and shady companies are everywhere.

    • @paranoya733
      @paranoya733 2 роки тому

      Educate crypto? How education work there is by practicing religious activity, not logic.. mindset of medieval backwards

  • @chipmate
    @chipmate 2 роки тому +1

    Gue bingung dah sama non muslim dikomen. Aturan Halal haram dalam islam itu cuma berlaku untuk muslim. Kenapa yang heboh non muslim?

  • @mw2gamer192
    @mw2gamer192 2 роки тому

    Gold is tangible money Is not whether it’s internet money or physical dollar bills same difference

  • @louden6968
    @louden6968 2 роки тому +9

    *INVESTING IN CRYPTO NOW IS VERY COOL EXPECIALLY WITH THE CURRENT RISE IN THE MARKET NOW*

    • @jamesbrown7817
      @jamesbrown7817 2 роки тому

      Most intelligent words I've heard,

    • @jamesbrown7817
      @jamesbrown7817 2 роки тому

      Crypto is the new gold,

    • @jamesbrown7817
      @jamesbrown7817 2 роки тому

      I'm a huge fan of crypto, I hold some few coins in my wallet.

    • @bendickson9414
      @bendickson9414 2 роки тому

      crypto is the act of speculating an cryptocurrency price,

    • @bendickson9414
      @bendickson9414 2 роки тому

      movement via a CFD trading account,

  • @HerbertLye
    @HerbertLye 2 роки тому +5

    Assalamualaikum warahmatullahi wabarakatuh.
    Crypto currency should be either Mubah (neutral, not involving God's judgement) or Makruh (sinful when it's being abused), but making crupto currency Haram is just plainly stupid & backwards, definitely not the progressive Islam I know.
    If crypto currency is Haram, then any other currencies should also be deemed Haram. Like it or not, it's a form of currency in this digital era.
    As long as I'm not hoarding crypto money but trading them actively, and certainly not using it to buy Haram stocks, drugs, alcohol and anything else that's clearly forbidden in Islam, Insyaallah, what's the problem?
    I'm sorry but this is one of 2 things I disagrees with Syafi'i jurisprudence.
    Allah ﷻ knows it best, Insyaallah, let's put crypto to good use, just like putting cash, gold & other assets to greater causes such as helping the poor & orphans, Insyaallah.

    • @berabingol3231
      @berabingol3231 2 роки тому +1

      Islam is not about being progressive or regressive it is about surrendering to God. Phrases such as 'this is not the [...]-Islam I know' brings huge risk of innovations (bid'ah) which is clearly haram. However when it comes to crypocurrencies I personally think that scholars should invest even more time into researching it so that they can explain to muslims what it is and under what circumstances crypto becomes haram rather then just labeling it haram from the beginning so that no one really knows why.

  • @e.j.d.1991
    @e.j.d.1991 2 роки тому

    Nice ad

  • @aymen-cherifhamdani1397
    @aymen-cherifhamdani1397 2 роки тому

    u can trade crypto with forex?

  • @MGLweareonlyone
    @MGLweareonlyone 2 роки тому +12

    As long as the billionaires of the world accept crypto, it's going to be around.

    • @mangakid4762
      @mangakid4762 2 роки тому +1

      True but even they only except due to the fact that they can profit off it (and that’s it’s not traceable so you can hide it). To then it’s like having a Swiss bank account that will increase in value so long as you can convince people it is valuable.

    • @AwesomePossum1987
      @AwesomePossum1987 2 роки тому +1

      not that true though. Rich people can pump, but they can't maintain a stable market. Musk is a classic example of that. Doge went from zero development and a team that did not give two fucks about their memecoin to hire several new devs and say they will take over the world. It's funny since the memecoin they created is based on other coins they say are competetors. The truth is that even if doge would be implemented in tesla to buy new apps or pay for news membership etc (witch would be a massive security risk atm), it would pump the memecoin and the main coin it's based on.
      And yes, having crypto is like having a "swiss bank account". You own that money, not your bank. In a situation like war, nobody would be able to take control your resources and you would be protected against currency inflation. I have had several meetings with my bank due to this, they are not happy that i don't trust them with the majority of my cash. What they can do is prevent me from getting house loans and simular things, but that does not matter for me tbh.

  • @hafsathabu2108
    @hafsathabu2108 Рік тому +10

    Investing in Crypto/forex & stock trading now is very cool especially with the current rise in the market now

    • @hafsathabu2108
      @hafsathabu2108 Рік тому

      Most especially having an expert Trader like Mr Williams Andrade

    • @martinbenjamin545
      @martinbenjamin545 Рік тому

      I was able to send my kids to private school, with the extra money have been earning with William Andrade

    • @martinbenjamin545
      @martinbenjamin545 Рік тому

      The fact I was able to withdraw my profit without any issues, is what I love most investing with him

    • @cryptodog723
      @cryptodog723 Рік тому

      A friend of mine I referred to her just received $19,000 profit after 10 days of investing....I became jealous.. lol

    • @zariaclement6813
      @zariaclement6813 Рік тому

      Trade with him and remember to share your testimonies with others

  • @scorqu743
    @scorqu743 2 роки тому

    i don't get it, because every curency and investment is a gamble right.

  • @ddobry21
    @ddobry21 2 роки тому +2

    Crypto rules

  • @sebastianwardana1527
    @sebastianwardana1527 2 роки тому +5

    its not halal yet? why not make texas holdem halal too, or is that already halal? is financial trading halal? well, it sure is not based on interesst, its based on the value of whatever you are holding growing, so...

    • @IMHS21
      @IMHS21 2 роки тому +1

      @Haris well, than you can't hold Gold, silver, stocks, etc.

    • @IMHS21
      @IMHS21 2 роки тому

      @Haris seems like you are the hypocrite, calling people hypocrite for something silly, a lot of muslims havent even make it haram so who are you to call people hypocrite for it

  • @pompeiitome2103
    @pompeiitome2103 Рік тому +8

    Please I need help, I lost tons of money on live trade, I thought is the same as demo trade because I was winning in my demo account. This is really frustrating and overwhelming. where do I start please?

    • @bancoruiz2809
      @bancoruiz2809 Рік тому

      Well... I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...

    • @bancoruiz2809
      @bancoruiz2809 Рік тому

      All you need now is a professional trader else you will continue making losses

    • @angelqais421
      @angelqais421 Рік тому

      That's true most people today have been having a lot of failure in Fx and crypto sectors because of bad orientation and bad expert

    • @angelqais421
      @angelqais421 Рік тому

      As a beginner who don't understand how Bitcoin trade really work and really want to make profit from it. I will advise you to first start working with a professional broker

    • @toeymendez9796
      @toeymendez9796 Рік тому

      How can someone know a professional account manager that is trustworthy when legit are hard to find this days

  • @dravidamonkey4253
    @dravidamonkey4253 2 роки тому +1

    TAKBIIIIR !!!!!!!!!! CRYPTOOOOOOOOOOOOOHU AKBAAAAAAAAAAAR !!!

  • @usmanaliyugarba9298
    @usmanaliyugarba9298 Рік тому

    Immersive Audio Experiences: The Hearverse will bring forth immersive audio experiences that blur the boundaries between physical and virtual environments. With the help of advanced spatial audio technologies, sound will be intricately designed to create a three-dimensional soundscape, making listeners feel fully immersed in their chosen audio environment. Whether it's gaming, virtual meetings, or entertainment, spatial audio will enable a heightened sense of presence and realism. #Hearverse #Web3 #Music #NFT #MNM

  • @TomNook.
    @TomNook. 2 роки тому +7

    "we hold onto the Qur'an and it's traditions... We're still logical"
    Errrr

    • @user-kw4bk
      @user-kw4bk 2 роки тому +2

      What exactly is your point??

  • @Galangxd
    @Galangxd 2 роки тому +3

    what...

  • @antonhassan
    @antonhassan 2 роки тому +1

    People should invest, not speculate.

    • @Ali-dn7uz
      @Ali-dn7uz 2 роки тому

      Exactly a lot of the things that are haram in Islamic finance have to do with speculation

  • @SMCForex
    @SMCForex 2 роки тому

    Well it is shown in the video is forex not crypto the broker is FBS

  • @AzH489
    @AzH489 2 роки тому +3

    I agree that speculation in crypto is a big problem, but it should be allowed for transactions at shops and such

  • @jitunowikai.
    @jitunowikai. 2 роки тому +7

    Isn't crypto halal?

    • @loopybrogaming1149
      @loopybrogaming1149 2 роки тому +9

      it's basically like gambling cos it's so volatile so it aint really halal

    • @jitunowikai.
      @jitunowikai. 2 роки тому

      @@loopybrogaming1149 I see

    • @loopybrogaming1149
      @loopybrogaming1149 2 роки тому +3

      @@jitunowikai. some scholars made it permissable tho, and some haven't, it's a grey area

    • @Ali-dn7uz
      @Ali-dn7uz 2 роки тому

      Idk crypto is becoming mainstream. Bitcoin is a real currency, but there are a ton of parts of cryptocurrency that’s in the grey area.

    • @jitunowikai.
      @jitunowikai. 2 роки тому +2

      @far left louis true but its important for those who have religion as a part of their live.

  • @ChosenOne6666
    @ChosenOne6666 2 роки тому +1

    I bought bitcoin and immediately loss value... no one wants to give away money.

    • @ChosenOne6666
      @ChosenOne6666 2 роки тому +1

      @@thesauce1682 You have reading comprehension problems

  • @DeantheGoldenDuke
    @DeantheGoldenDuke 2 роки тому +1

    "When somebody buys crypto using Indonesian rupiah, what's the point?" - Dr. Jaih Mubarok

  • @YY4UGUYSS416
    @YY4UGUYSS416 2 роки тому +2

    I'm going to make a crypto called halalcoin

  • @MelkorPT
    @MelkorPT 2 роки тому +2

    I always say "Bismillah Allahu Akbar" before making a buttcoin.

  • @sebastianwardana1527
    @sebastianwardana1527 2 роки тому

    Yes, daytrading is not good... anybody who knows crypto will tell you.

  • @AJAYSWAN
    @AJAYSWAN 2 роки тому +1

    karena literasi masyarakat indonesia rendah , perdagangan krypto di indonesia oleh masarakat kebanyakan hanya menggunakan analasa spekulatif saja

  • @patrickkirby6580
    @patrickkirby6580 2 роки тому +2

    This video title sounds like a meme form r/Izlam

  • @Samer-3D
    @Samer-3D 2 роки тому +4

    comments on this video but not the obvious child abuse video lol

    • @MelkorPT
      @MelkorPT 2 роки тому

      Prince Andrew never came anywhere near that girl!

    • @homeland1128
      @homeland1128 2 роки тому

      Welcome to +62 brother hhahahh

  • @Ridaremifasol
    @Ridaremifasol 2 роки тому

    Wadidaaaaw

  • @elizabethdickson7069
    @elizabethdickson7069 2 роки тому +63

    < I totally agree with what you are saying....The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 11.6 BTC in just three weeks, with the trading strategy given to me by expert trader Levi Shaw.

    • @elizabethdickson7069
      @elizabethdickson7069 2 роки тому

      Levishaw VlA Te le gr am........📧

    • @jessicaallen5993
      @jessicaallen5993 2 роки тому

      Thanks for this useful information, I was thinking of investing in bitcoin..

    • @katherinedonna9168
      @katherinedonna9168 2 роки тому

      Levi Shaw daily signal is top-rated and one of the best you could get when it comes to trading crypto.. bitcoin to the moon.

    • @johnscottthomas9555
      @johnscottthomas9555 2 роки тому

      Outstanding is the word His knowledge and expertise as a trader is really extraordinary

    • @oliviamichelle1663
      @oliviamichelle1663 2 роки тому

      Yessss!! Bitcoin going up is good for the entire market. My largest holding is also xrp, and I actually root for bitcoin to do well, because history shows xrp lags behind it..

  • @Dranectrakon
    @Dranectrakon 2 роки тому +6

    Literally all assets can fall under the umbrella term of speculation in the right context - everything is a gamble the only difference is it’s harder for the state to make money off of crypto speculation but they’ll gladly tax your small business as it fails

    • @Omer1996E.C
      @Omer1996E.C 2 роки тому

      I didn't understand it

    • @XXXXXksaXXXXX
      @XXXXXksaXXXXX 2 роки тому +1

      Speculation in the video refers to pure speculation (i.e. depending solely on 'luck'). This would arguably make it a form of gambling, which is forbidden in Islam as it's considered unjust transfer of wealth and exploitive to the poor. Now if you think all investments depend solely on luck, then I'm afraid you won't last too long in the investment space.

  • @Sleepy_Joe_
    @Sleepy_Joe_ 2 роки тому +1

    Terra Luna to the mooooooooon bois !!!!!!!!!!!!!!

  • @homeland1128
    @homeland1128 2 роки тому +8

    Why am i always feeling slightly embarrassed evertime my country pop out on vice lmao also highly hope that hasan would react to this llol

    • @usernotfound5857
      @usernotfound5857 2 роки тому +1

      Better your country than mine bro.
      First Najib and JhoLow, then MH370, then MH17, then the coconut bomoh...
      Embarrassing lmao, glad to be leaving in May

    • @sarthakbhole3724
      @sarthakbhole3724 2 роки тому

      @@usernotfound5857 where are you leaving for?

    • @usernotfound5857
      @usernotfound5857 2 роки тому +2

      @@sarthakbhole3724 abandoning ship and going to Switzerland. My wife is Swiss.

    • @homeland1128
      @homeland1128 2 роки тому

      @dot hasL

    • @sarthakbhole3724
      @sarthakbhole3724 2 роки тому

      @@usernotfound5857 Great, it's a nice place. Have heard highly of it.

  • @imnotahumanbutihavefeeling8330
    @imnotahumanbutihavefeeling8330 2 роки тому +3

    Love these Documentaries

  • @earnpm777
    @earnpm777 2 роки тому

    Polkabridge token is the gem of all gems. PBR token that I believe will go beyond x100. So take advantage to fill your bags now before it's too late.

  • @gohby
    @gohby 2 роки тому +1

    They can remain in their 7th century caves

  • @karankapoor2701
    @karankapoor2701 2 роки тому +16

    This religion is still stuck in medivial era 🤡

    • @jitunowikai.
      @jitunowikai. 2 роки тому +8

      Silence is better than bullshit. If you have nothing nice to say might as well shut up.

    • @loopybrogaming1149
      @loopybrogaming1149 2 роки тому

      @@jitunowikai. fr fr

    • @darthpapa696
      @darthpapa696 2 роки тому +6

      The Hindus is still stuck in prehistoric era.

    • @Galangxd
      @Galangxd 2 роки тому +6

      @@darthpapa696 oi do not bring other religion to this

    • @saidihussein6581
      @saidihussein6581 2 роки тому +5

      Religion isn’t supposed to change or be rewrite wtf. That’s the beauty in Islam it adopts to the newest era without changing its religion and beliefs. And imagine a religion that change every era why would you want to follow it.

  • @mamajune3864
    @mamajune3864 2 роки тому +4

    The fact that we get free documentaries on UA-cam by VICE News is truly a gift 👍

    • @scotishjohn
      @scotishjohn 2 роки тому

      And do it shoulf be FREE its UA-cam ffs

    • @shukshinite
      @shukshinite 2 роки тому

      @@scotishjohn OR it could be in members only

  • @beefighter1147
    @beefighter1147 2 роки тому +1

    as Indonesian people , idk what's in the heads of those who want it, doesn't it contain elements of gambling ?

    • @Omer1996E.C
      @Omer1996E.C 2 роки тому

      I think it isn't halal, cuz you are the one who decides when to buy it or sell it, whether it is when it becomes expensive or cheap. I'm sure that by the way, after researchs from the scholars, it would be halal. Even fiat currencies were controversial among the muslim scholars at the time

  • @moomoosquiggles9137
    @moomoosquiggles9137 2 роки тому +1

    Those drinks look freaking delish, does my boi here ship?

    •  2 роки тому

      Haha, that made me chuckle!
      Jamu (the drinks being sold in the video) are more akin to ... Streetfood medicin.
      They are herbal drinks with lots of ginger and other healthy ingredients.
      The taste is quite strong and I definitely don't think you could ship them as I believe they should be consumed fresh.

  • @manatapsitompul6408
    @manatapsitompul6408 2 роки тому +2

    Halal bro halal hahahaha

  • @jashsylde8136
    @jashsylde8136 2 роки тому +24

    This is what thinking strictly from inside the box looks like. Modern Problems dealt with Ancient Solutions haha

    • @jashsylde8136
      @jashsylde8136 2 роки тому

      I used to be like this. Looking for Solutions through Religion. LOL. IF one's belief is in blind faith there is always an answer to everything. You just have to believe that whatever the lord says is "True" and only "True".
      A Computer Built like that would have only One Bit State "1" a complete Tautological Machine.
      But if u start changing ur perspective and look with the eyes of Scientific skepticism, u start realizing all that time you were Fallacy Machine, driven by a Body of Lies .

    • @IMHS21
      @IMHS21 2 роки тому +6

      @@jashsylde8136 you are the fallacy machine. While you do in fact point out a serious problem, your explanation for the problem is wrong. Blind believe is never handy and smart but the guidance of religion is always necessary. Now the question is what does religion actually say about this topic? Interest for a lot people a serious problem in society. That is what Islam forbids, it's not an ancient problem.

    • @risottoyagami4151
      @risottoyagami4151 2 роки тому +1

      @@IMHS21 Don't mind him; only idiots blame religion.

    • @tytiw516
      @tytiw516 2 роки тому

      This is a kind of person who doesn't want to use his brain to think. You know nothing about the basic knowledge of Islam, and now you talk like the most knowing person about Ushul Fiqh, the most advanced subject in Islam Lmao. It's like talking about algebra without understanding basic math 🤣

    • @montaser9985
      @montaser9985 2 роки тому

      Islam is a permanent solution.

  • @Inalis_Ps
    @Inalis_Ps Рік тому

    To people of the same country that I live in.
    The hell is this?

  • @Bi11ythekid
    @Bi11ythekid 2 роки тому +2

    I'm sure the Indonesian rupiah is not back by anything does that mean it's haram too

    • @ik5967
      @ik5967 2 роки тому

      Lol ofc it is can b backed by simply land.

    • @ik5967
      @ik5967 2 роки тому

      We’ve seen crypto isn’t as decentralised as we think, look how Russians r now blocked of trading btc and ether lol. Blocked off major applications etc.

  • @james-jv3ms
    @james-jv3ms 2 роки тому +14

    I love your video at large but i will advice everybody who is into cryptos to Stick with ETH and BTC as much as you can guys. If everyone sells when it starts to fall, which at one point it will, the dream may be lost because of it being too volatile for companies to get behind.

    • @james-jv3ms
      @james-jv3ms 2 роки тому

      十➊➒➊➏⑤➌⓪➌➍➐⑤ █ ▇ ▆ ▅

    • @benita8162
      @benita8162 2 роки тому

      imagine being rich, being too lazy and ignorant to come to even the slightest agreement. Let's petition to fire the government or take from their pocket Money is good for only three things : fun, investing, and giving.

    • @jack-is1ny
      @jack-is1ny 2 роки тому

      you are right Bitcoin trading might make you rich if you are hedge fund with deep pockets or an unusual skilled currency trader After a successful investment you have nothing to worry about, whether the rise and fall of economy won't affect you. Make's your future brighter, by making good investment

    • @hudson8137
      @hudson8137 2 роки тому

      well if I'm permitted to speak I think Investing right now should be at the top of everyone's list, In months you will be ecstatic with the decision you made today! Bitcoin is the most secure run on the largest decentralized computer network in existence

    • @Jackie-sx8dz
      @Jackie-sx8dz 2 роки тому

      you are right av been trading with Fred miller in managing my Bitcoin and crypto option trade accounts..he is very genuine and trades professionally

  • @MrLokeshnani
    @MrLokeshnani 2 роки тому +3

    I don't understand this people's madness with Halal...

  • @timkeriwuth
    @timkeriwuth 2 роки тому

    It’s not?

  • @mythbusterUSA
    @mythbusterUSA 2 роки тому +1

    It is haram. Any money spend on a asset without fundamentals is gambling.

    • @TryABaconSlice
      @TryABaconSlice 2 роки тому

      Fundamentals can be spoofed, exaggerated, and only relevant in certain time frames. All investing is gambling at its core

    • @mythbusterUSA
      @mythbusterUSA 2 роки тому

      @@TryABaconSlice Any investment in any asset class without understanding of fundamentals is gambling and gambling is haram. Assume someone is investing in gold or corn without understanding fundamentals, that investment will be haram.

    • @TryABaconSlice
      @TryABaconSlice 2 роки тому

      @@mythbusterUSA Haram is a system for out of touch people living in the past. You cannot use a 3000 year old system to decide which investments are sound. You can barely trust 3 month old data much less 3000 year old. If that really is the case - i welcome plenty of haram 'dumb' money

  • @ryanm4319
    @ryanm4319 2 роки тому +5

    I read this headline as “Church officials further attempt to defraud the public” lol

  • @thomasalfie1337
    @thomasalfie1337 2 роки тому +26

    Great info and insight as always. It's kind of irresponsible to ignore the fact that each ETF launch and the Russian invasion on Ukraine so far has caused a major dump at the speaks of crypto and global economy. A lot has changed and that's on Everything but the truth is I don't even care if the market is bearish or bullish because Amelia Walter's got me covered as I have made over 11BTC using her daily signals, strategy and guidance ✔️✔️

    • @Gregelek
      @Gregelek 2 роки тому

      You are right, to be a successful person in life requires him or her of hard work and time

    • @Gregelek
      @Gregelek 2 роки тому

      Good knowledge about forex trade is a key to a profitable and successful investment. I can unequivocally say that forex trade is one of the most profitable and lucrative business for every investors with the right expert

    • @freddiearthur2151
      @freddiearthur2151 2 роки тому

      Bitcoin has been the most profitable investment online. If only you could trade with professional broker that will work you through the process needed.

    • @freddiearthur2151
      @freddiearthur2151 2 роки тому

      I have never seen someone as perfect as Mrs Amelia Walter's she knows how to analyse trade and with her strategies she earned me so much profit made $16,800 in 16 days working with her.

    • @ethanjesse8661
      @ethanjesse8661 2 роки тому

      Investing in Bitcoin would be the wisest thing to do especially with it's current price

  • @sebastianwardana1527
    @sebastianwardana1527 2 роки тому

    Bitcoin is based on gold!

  • @falsegod7281
    @falsegod7281 2 роки тому

    This radiates " Is smokey BBQ pork halal " vibe

  • @maomao180
    @maomao180 2 роки тому +2

    All investments are speculation, so technically investing in anything is haram?

    • @XXXXXksaXXXXX
      @XXXXXksaXXXXX 2 роки тому +1

      Speculation in the video refers to pure speculation (i.e. depending solely on 'luck'). This would arguably make it a form of gambling, which is forbidden in Islam as it's considered unjust transfer of wealth and exploitive to the poor. Now if you think all investments depend solely on luck, then I'm afraid you won't last too long in the investment space.

  • @exilehell6521
    @exilehell6521 2 роки тому +2

    Allah bless Indonesia. From Bangladesh❤☝

  • @tadiafoster4460
    @tadiafoster4460 2 роки тому

    We live in a global world.

  • @darthpapa696
    @darthpapa696 2 роки тому +6

    I miss the Crypto when it's only Bitcoin and use only for business transaction/payment.
    Now, Crypto has many form and names and lost its sole purpose.
    Many people use it to enrich themselves, money laundering, and give nothing to local economic growth.

    • @johnfreeman9358
      @johnfreeman9358 2 роки тому +1

      I wouldn’t say it doesn’t give to local economy

    • @mohammedhadjsaid7884
      @mohammedhadjsaid7884 2 роки тому +1

      It’s like to say I want the internet to have only one website.!! The crypto and blockchain is the future. It will touch all business sectors soon or later.

    • @Omer1996E.C
      @Omer1996E.C 2 роки тому +3

      @@mohammedhadjsaid7884 no, what is meant is that cryptos should be only for transactions, not for causing fluctuations, deflation and inflation in the currency

    • @mohammedhadjsaid7884
      @mohammedhadjsaid7884 2 роки тому

      @@Omer1996E.C oh I see your point. Yes I agree with you. But the market is full of daily traders.

  • @elliothammer2083
    @elliothammer2083 Рік тому +8

    MONEY IS A THEME THAT EVERYONE HAS FOR A BETTER AND LUXURIOUS LIFE. LIFE WAS HARD FOR ME UNTIL I STARTED TRADING AND NOW I AM EARNING $9500 PER WEEK.

  • @AraCarrano
    @AraCarrano 2 роки тому +1

    Race to the bottom of an ever-increasing electricity hungry ledger system.

  • @trevy7321
    @trevy7321 2 роки тому +1

    we haven't learned our lesson on wet markets?