Quote
“Mined cryptocurrency has intrinsic value because it costs a certain amount to produce it – but fiat currency printed digitally onto the balance sheet has no intrinsic value at all” (Mamlouk, vice president of capital markets at Nimbus)
what do you think about halal DeFi, and they doubt Doge?
when a Mamlouk talks mainly between intrinsic and extrinsic values then tries to combine the concept of Islamic sharia-based economics in a more complex context, namely the DeFi angle.
you can read more, the information is still new and requires quite a lot of references
source cointelegraph.com