Bitcoin + Islam: a conversation with 'Muslim Bitcoiner'

Bitcoin + Islam: a conversation with 'Muslim Bitcoiner'
01:30 Mike's Intro
02:57 Abdullah's Intro
07:16 2023 is still early
09:29 My subscribers' reactions to bitcoin videos
10:11 Is bitcoin halal?
12:56 Why bitcoin not crypto
14:09 Gold vs bitcoin
14:39 Bitcoin only
15:50 Bitcoin's volatility
16:29 Fiat currencies
17:34 Trading / speculating on bitcoin
19:13 Money as a technology
21:41 Bitcoin adoption + interest among friends
24:15 Raising sats for an orphanage in Uganda
26:43 Bringing up bitcoin in conversation
28:35 Riba, usury, interest in Islam
30:45 The current system built upon debt
32:56 Islamic banking
34:59 Debt is incentivised in today's financial system
35:56 Bitcoin as a bearer asset
42:22 The future on a bitcoin standard
49:15 A slow and steady transition
Abdullah's Twitter: / mbitcoiner
Abdullah's Medium Page: / muslim_bitcoiner
Bitcoin Majlis: bitcoinmajlis.org/
Abdullah's UA-cam: @themuslimbitcoinerpodcast5818

[@MikeStillUK]

01:30 Mike's Intro
02:57 Abdullah's Intro
07:16 2023 is still early
09:29 My subscribers' reactions to bitcoin videos
10:11 Is bitcoin halal?
12:56 Why bitcoin not crypto
14:09 Gold vs bitcoin
14:39 Bitcoin only
15:50 Bitcoin's volatility
16:29 Fiat currencies
17:34 Trading / speculating on bitcoin
19:13 Money as a technology
21:41 Bitcoin adoption + interest among friends
24:15 Raising sats for an orphanage in Uganda
26:43 Bringing up bitcoin in conversation
28:35 Riba, usury, interest in Islam
30:45 The current system built upon debt
32:56 Islamic banking
34:59 Debt is incentivised in today's financial system
35:56 Bitcoin as a bearer asset
42:22 The future on a bitcoin standard
49:15 A slow and steady transition

[@MikeStillUK]

Thanks for watching please hit that like button and leave a comment! شكراً

[@shabzinoo5011]

شكرًا يا معلم 🫡

[@xargs]

Interesting topic!

[@YousefBadri]

Pretty nice conversation
Thanks to Mike and Abdullah for their efforts
all the best🧡

[@MikeStillUK]

Thanks for listening Yousef 🧡

[@nafimulabir]

saved it in watch later ! will listen to it when i get the time!

[@MikeStillUK]

Enjoy!

[@shaimaamuhammed9883]

وعليكم السلام ورحمه الله وبركاته ،greetings from Egypt 💐,you Arabic accent is really good 😊💯 Good luck wishing you all the best 🙏🏼🤲ان شاء الله

[@bangkokbert3440]

Keep up the great Bitcoin content on this channel. We get it.

[@MikeStillUK]

🙏

[@MikeStillUK]

Bitcoin was trading at $27,000 per coin when this video was published

[@bangkokbert3440]

Interested to see new UK public street interviews in 2024 as we enter the next big bull run that will likely take us well past the $100k mark.

[@MikeStillUK]

Not ruled it out for sure but I'd rather hand over that little job to another budding british bitcoiner if I'm honest @@bangkokbert3440

[@nobelfarmagro]

Brother i am learning kuwait arabic or kuwaiti dilect and i know that you can speak Arabic well can you please help me how can i pursue it ❤

[@r.alheydary]

وين الفيديوهات ع عربي

[@user-ks1hp2pb5g]

Can I have a discussion with this person? With all due respect, I think he has gone very far down the austrian school rabbit hole.

[@Last_Tamper]

I have been watching your videos about bitcoin for a while, but honestly, I get bored when watching this type of videos, maybe because I did not understand well until now what bitcoin means

[@MikeStillUK]

Hey thanks for your comment. Have you watched this video yet? I made it a few years ago to explain what bitcoin is. ua-cam.com/video/FefKDgMLm48/v-deo.html

[@SheArabWolf]

أنا افكر اتعلم وادخل هذا المجال لكن سمعت من شخص أنها غير مربحة 😕

[@mmm-md1bl]

رساله لي دايلر

[@badmanno.1650]

Bitcoin is not Halal .. doesn't matter what anyone's opinion is.

[@MikeStillUK]

Why do you believe bitcoin is not Halal?

[@badmanno.1650]

@MikeStillUK there's a lot of uncertainty regarding bitcoin.. one day whoever owns it might wake up and decide to discontinue it.. what you pay isn't what you acquire.. it's not fair.. it's sources are still unclear.. it is not used as a mode of currency for trading in everyday life.. and l believe it promotes Usury which is a very big sin in Islam.

[@MikeStillUK]

@@badmanno.1650 did you watch the video? The best way to think about bitcoin is like holding digital gold. Is gold Halal?

[@zriemunem]

Bitcoiner = gambler
And gamble is harm

[@YousefBadri]

How idiotic can you be👆

[@sinysagna2593]

be careful, you wouldnt want sharia law to cut ones hand off for using bitcoin!

[@salsertk]

You are not mike, you are mika lol