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Author Topic: UK Radio 4 Thought for the day about bitcoin!  (Read 705 times)
paulifa123 (OP)
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March 20, 2014, 08:49:57 AM
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On the basis of all publicity is good news, I was amazed today to hear a Muslim Chaplain do his thought for the day about Bitcoin on Radio 4. It was neither particularly positive or negative. He started by discussing the fact fiat money has no real value or backing and then went on to discuss Bitcoin, the MTgox situation and that we shouldn't make false idols or a new religion of Bitcoin, or some such religious shite. But of note, he seemed very well informed about the history and working of bitcoin...

I think this is a positive.

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March 20, 2014, 08:55:49 AM
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Interesting, thanks for posting. No mention of how the pound is an usurious system and thus prohibited under sharia?

 
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March 20, 2014, 10:19:24 AM
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Very interesting. I listened to this and understood it as a critique of inflationary, government-backed fiat, bitcoin as a solution people have found to some of its problems, but one that is still human, and therefore subject to human failings itself. As you say, neither particularly positive or negative about bitcoin - but implicitly critical of fiat, banks and government.

Incidentally, I knew this guy at Cambridge - I studied in the same faculty for 7 years, passing him on a daily or weekly basis in the corridors. When you spend that long around someone, you generally get to know them a little at least, just through repeated incidental contact. It starts with the nod that happens on mutual recognition, perhaps progresses to a passing 'hi', a few words exchanged, maybe the odd longer conversation, and so on.

After 7 years, we weren't even on nodding terms...
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