They should just call it a euro stablecoin and they'd get a lot less opposition. Amateurs. View quoted note β†’
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I'll officially announce this in a few days inshaAllah, but I'll announce it here first since you nostr folks are special to me. The ebook copy of Anti-Riba Money is now freely available! You can download the pdf off of the Bitcoin Majlis website here: Looking forward to hearing your thoughts and any feedback you have! Enjoy
The phenomenon of devs (not just in Bitcoin) being so economically illiterate, like at a comically infantile level, needs to be studied. They work with logic all the time, but it's like their brain suddenly short circuits when it's applied to human action. Very strange. View quoted note β†’
"Though I believe that the essence of Muslims all around the world is that rebellious nature against norms once you see truth." Our job when orange pilling is to take that instinct, that old Bedouin refusal to bow to anything but God, and wake it back up. The trick is getting people to see that the same nomadic spirit that crossed deserts now has to migrate into cyberspace, which comes with its own harsh terrain and logic. View quoted note β†’
This is really what all criticisms of Bitcoin ultimately come down to: "I don’t like that you possess something no one else can seize, freeze, dilute, censor, or gatekeep. I don’t like that you can opt out of the system without asking permission. I, or someone I trust, must have the final say over how you use your property." View Article β†’
Before any real Bitcoin circular economy can exist, you need a community capable of holding a meaningful share of its wealth in bitcoin. That should be the foundation. If people can’t sit tight through volatility and uncertainty, there’s nothing to circulate in the first place. Storing value demands far more patience and discipline than spending it, and I'd say that that cultural shift has to come before everything else.