Is It Possible that The Moslem Countries Can Accept The CryptoCurrencies System?

[bitgogo123]

I don't think the cryptocurrency has anything to do with the clan. When the world begins to accept cryptocurrencies, no country can reject it.

[lingwistiko]

Never heard of such condition that our Muslim brothers are banned from using cryptocurrencies. Besides, cryptocurrencies are just a digital currencies that act as alternate to fiat currencies. But in the case of Muslim county like Saudi Arabia, cryptocurrencies are illegal and they prohibit their people using it.

[basyang]

In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?

Personally, I do not know because they has a different overview when it comes to somethings but I think they are open to this kind of things especially if it can help them to grow their business. Well I think some bitcoinist are came from Moslem countries and as of now, I do not know or heard something that this countries could banned bitcoin or accept it.

[prtty2gal2]

In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?

if it was not against their religion or does not violate any of their teachings, i think they can do business with crypto, since crypto is an investment, i see nothing wrong with trying crypto, we can see the moslem brothers are good businessmen, they have so many investment, whether it is a property, car or crypto investment, i am sure they will do good in joining crypto trading.

I tend to disagree with your statements. The religion does have a conflict with the type of investment that replicates your money without letting you know what business is being done. This is also a reason why it is banned in Middle East.

However, in my opinion, since so much is happening in these regions of the world, letting Bitcoin operate will not make things further worst rather than doing some good to the economy as well.

[maxreish]

There is a great possibilities that our brother muslim brothers will gonna accept bitcoin. If they are looking at the bright facts that bitcoin will gonna help their economic growth, probably their is a chance that muslim men will be able to push it and hopefully adopt it.

[spongegar]

I know for a fact that some of my friends who actually lives in those countries that they own crypto currency one way or another. I think there ia a link to the comments here that some countries have accepted crypto currency in their respective countries. But I'm surprised that there is a question such as this. I mean is crypto currency against the teachings of Islam?

[befriendmywater]

In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?

In my opinion, the more developed a country is, the more it needs blockchain technology. Because the payment is becoming more and more stagnant because of the high demand. Blockchain technology and its algorithm can solve many problems. Developed countries will be targeting Crypto soon and this will be a potential industry in the future.

[MAJICOIN]

Yes sure crypto is best for every one and Muslim countries are also using it because we can say that crypto is designed to makes lives easy and fast so now crypto is using for the betterment of the society and i hope that Muslim and non Muslims will ready for crypto like it is useful for every one in this world.

[raidarksword]

Yes, definitely no exceptions to all because crypto currency is universal. Those countries you mentioned they are capable of adapting bitcoin and have the technology to do it, they are naturally rich in minerals so they are abundant with and rich as well. So there are no reasons why Muslim countries cannot adapt crypto currency.

[yitzjoe]

I see Iran accepting Crypto well and they make it as a digital currency to fight the movement of the US dollar in the country. Iran is a dominant Muslim country and this is one step forward for Crypto

[Metall303]

I do not see any reason why Muslims are forbidden to use crypto-currencies. These are advanced countries and I think they will necessarily find the correct use of crypto currency.

[lebrone08]

In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?

This is a very serious question but i think this could be possible cause we all know that crypto currency is a virtual money that no can controlled it. So i think even moslim countries  still have some people who are secretively working with this kind of technology cause we all know that bitcoin can really change your life if you realky work hard for it.

[Iwillgotothemoon]

I don't think this clan has anything to do with it. Muslims are just a kind of faith. They do not represent their uniqueness. They are now an economic society.

[Babyrica0226]

In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?

Actually, as far as I know there are some place in the middle east which are enthusiast of crypto and bitcoin currency where it is a Muslim

country, right? so which means it is a big yes possible to be happen, in fact its already happened sometime ago.

[alentmay]

In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?

In my opinion, the more developed a country is, the more it needs blockchain technology. Because the payment is becoming more and more stagnant because of the high demand. Blockchain technology and its algorithm can solve many problems. Developed countries will be targeting Crypto soon and this will be a potential industry in the future.

Yeah of course, it is possible, because Muslims also want to invest in such a currency which is acceptable in the whole world and which will take over the market in the future. Although some Muslim scholars are against cryptocurrency investment but mostly people want to invest in crypto and we will see one day that Muslim countries will also accept cryptocurrency (bitcoin) as their legal currency.

[gareng1468]

crypto is not prohibited in Muslim religion. during crypto, it is not the result of crime. crypto currency is the same as USD. Muslim countries are very open to crypto currencies as long as there are regulations that specify them. I believe that Muslim religion is an open religion and is always willing to keep up with the times.

[BaraxLo]

In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?

In my opinion, the more developed a country is, the more it needs blockchain technology. Because the payment is becoming more and more stagnant because of the high demand. Blockchain technology and its algorithm can solve many problems. Developed countries will be targeting Crypto soon and this will be a potential industry in the future.

Exactly! And the fact remains that most of the developed Muslim countries certainly will not have any problem when it comes to accepting the space for what it is and not seeing any problem with it.

At this stage, any smart country will be looking at the opportunities a space will bring to their economy in the long run, and be able to perceive how things should really work out based on their vision. It is a good thing that some of the Arab Muslim based countries really do not have any problem with it and does not go against any sharia Islamic law.

[Ucy]

Why not? I don't see much difference between the use of fiat and Cryptocurrency except that former is issued by governments why the latter is not .
If their (governments) reason for not liking  Cryptocurrency is because of its use for prostitution, gambling  etc why then do they accept the dollar or other non-islamic fiats that are possibly being used for similar and worst things?

[resty]

In the Moslem Countries like Saudi Arabia, Qatar, United Arab Emirates even Brunei Darussalam etc were enacted Islamic Economy System based on sharia. Is It Possible that The Moslem Countries can accept the cryptocurrencies system in their economic system? What's your opinion?

Of course yes but not all muslim coutry are approved bitcoin because some other area are not accepted english language because they want all muslim are in not to necessarily accept the stranger's from outside.

[MinMan]

Yes sure crypto is best for every one and Muslim countries are also using it because we can say that crypto is designed to makes lives easy and fast so now crypto is using for the betterment of the society and i hope that Muslim and non Muslims will ready for crypto like it is useful for every one in this world.

I think there is no relation between cryptocurrency and Islam. Muslims also do business all over the world and the use of cryptocurrency will make it easy for them to purchase or sell their products online against cryptocurrency. I am also a Muslim and I will feel ease and happiness. I am anxiously waiting for the time when the whole world will use only cryptocurrency globally.