"
What that means is that a currency must have a use as opposed to being purely considered valuable because people say it is. The value of a currency must be backed up by an asset or tied to a commodity of actual value, and can also be shown by the difficulty of attaining it. Examples of currencies that are Sharia compliant are the gold Dinar and the silver Dirham. Sharia law also requires a currency to be tangible or to have evidence of existence. "
Ok, so I guess most of the Fiat currencies do not meet their standards then, because most of them are valuable, because their governments says
it is valuable and it is not backed by assets or tied to any commodities. It is also not difficult to obtain it, because these governments print it like
toilet paper. Bitcoin does have evidence that it exists... it is called the Blockchain and mining for it is damn difficult.
