The Bitcoin Guide

I can’t believe I’m watching people go to such lengths to try and explain that yes, despite its creation being riba, it being tainted by riba, and technically each unit literally being a debt instrument (that can mathematically never actually be paid back in full)… it’s somehow radical to say fiat = riba 🤣 Why will Muslims try every way possible to justify something they know is evil.

The funniest part about this (very based) post is watching people clutch their pearls because we say fiat = riba. Even more hilarious will be the day Muslims casually refer to fiat as “riba money” and everyone who mocked it will act like they saw it from the beginning. I'm keeping receipts.

These Muslims are damaging our Ummah: - don’t understand credit creation and support Islamic banks - understand Shariah in some sense and support Islamic banks (this is much worse) - taking out Islamic loans for consumption - taking part in any Islamic fixed income or reliable yield products - looking for yield on crypto - delivering or supporting any of the above claiming it’s helping Muslims - saying why fight fiat because there is no solution - saying “it’s not perfect at least it’s a start” - “conventional banking is 100% haram and at least Islamic banks don’t invest in alcohol” - talking about fintech in a manner of making money and getting clout - telling Muslims it’s more important to make money than treating capital as a burden and Amanah - saying we have to follow the scholars who know best - not understanding fiat is Riba - saying Bitcoin is haram and fiat is fine - trusting your Muslim government to actually implement Islamic finance Will pause for breath …

@MBitcoiner @king_sulaman “Current meta”… ffs

Just buy and self-custody bitcoin. Wallahi it's not that hard. You'll be so much better off.

Second part of this series on Islam and Bitcoin is out! m.youtube.com/watch?v=wAi5xv… What a great listen! @afreedommachine and @yourbtcguide explore the influences Islam had on the rise of 'sound capitalism' and how the West, in large part, has lost its way. They discuss how Muslims in the West must leverage their community strength rather than succumbing to the interest-based (riba) distortions of Western capitalism. The entrepreneurial spirit of Muslims needs to be reactivated to build an alternative economic system based on sound money.

Thinking it's time to do a Muslim Bitcoin Summit in the UK. Been over a month and I'm still riding the high off this conference.

You know..@OwenBenjamin there is something about Bitcoin you’re not understanding. There’s an entire subculture within the Bitcoin community that is simply interested in digital sovereignty. Their goal is to build new digital structures that promote digital privacy and sovereignty. They have already successfully built projects. There is Nostr, the decentralized social media that is built from independent community relays. Don’t believe me? Check out digitalhijrah.com it shows the ways in which you can permanently migrate your entire digital life away from the centralized systems that canceled you. Physical independence is important no doubt, but until you have digital sovereignty, you won’t be able to truly escape the all encompassing Surveillance State being constructed as we speak.

Bitcoin and My Reversion to Islam m.youtube.com/watch?v=rSuqSH… With brothers @afreedommachine and @yourbtcguide

@BitcoinLawyr I always find this argument from people ridiculous, when renting is an easy halal option, their is no necessity to engage in riba. Sometimes I wonder if these same people would say it’s OK to commit Zina because it’s hard to find a wife… May Allah reward your efforts

My whole life, I’ve been railing against the riba based fiat mortgage system. Now, while we search for a new place to live, everyone in my life tells me I should forsake my old views and adapt with the times to get a “solid roof” over my head and just get the mortgage. Some call it Islamic, others say it’s all the same thing, others still says whatever man you live in the west, what are you going to do, just rent all your lives? No. None of the above. Rent, until it makes sense to buy. Why buy to live in a particular place for the rest of my life? What if I want a reset?

Bitcoin is the ONLY Neutral, Universally-Accepted, Cross-Border, Public Payments Network. There is no riba. There is no rehypothication. There are no permissions. There are no custodians. It's YOUR MONEY, with YOU. Freedom, in your pocket. Across Borders. The UMMAH needs this

Great seeing Sheikh @joebradford tonight to deliver a copy of Anti Riba Money by @MBitcoiner Sheikh Joe agrees that Bitcoin is the only neutral, universally recognized, cross border, public payments network. Insha’Allah on the journey to Bitcoin only.

@sneako Brother Sneako. Islam is decentralized religion. Bitcoin is decentralized money. Your money should be cross border just like Islam is cross border. Islam is universal. Bitcoin is universally recognized freedom money around the world. We need to set up a chat @BitcoinMajlis

@Truthcoin Bro just devised a way to do a Bitcoin ICO 🤣🤣

Important: I've also devised a way that some can *invest* in this hardfork, now, before the fork-date, in August: - Satoshi has 1.1M coins in the so called "patoshi" pattern. - We will be manually reassigning some of these coins (fewer than half) to investors today. This will no doubt be a controversial decision. But I think it is necessary, and in fact, ideal: - The pure fork, is a problem, because it leaves collaborators with no way to "get involved" ahead of time. - This leaves the fork a "zombie project" -- until it launches. - Thus, it is harder to ship the fork as a "finished project" -- with all of the work completed in advance. - Ironically, that would centralize the project, and encourage dev-capture. To avoid seedy grifter-style investment-promotion activities, I mostly do not mention this. But it is possible, for high-quality investors (ie, accreditted+). Plus, it must be disclosed, for full transparency.

BREAKING: New Bitcoin Fork I am helping create a **new Bitcoin Hardfork** -- dropping this August, called "eCash". - Your coins will split. For example, if you have 4.19 BTC, then you will get 4.19 eCash. - You may sell your eCash -- or keep it. Or ignore it! Vegas: - Yes, I will be in Vegas next week. - No, I won't mention this, on stage -- (that would be rude). Our L1 Node... - is a near-copy of Bitcoin Core. - is Sha256d mined. - forks via a one-time difficulty-reset -- to its minimum value. (So, mining will be crazy at first.) - Yes, we will change the seed nodes, the name, the network magic, etc. Codewise, the L1 will remain compatible with Bitcoin Core: - We will continue to merge their changes (even the bad ones). - The L1 will activate Bip300/301 via CUSF -- the core untouched soft fork. So, no lines of code will be changed, on the L1. - The activation client will be published periodically (link below). - We will do several bug bounty contests this summer. - The client will be frozen 30 days prior to the fork. Yes, there will be Drivechains: - We have 7 in developement right now. - Users can also submit their own. - Drivechain is a vision of "competing L2s" -- this avoids the "dev capture" problem. - These L2s are all Merged Mined. Miners automatically get free $. - Our L2s are already capable of planetary scale, and onboarding 8 billion users. - We also have a zCash-like L2, with strong privacy. - Other L2s: Truthcoin (Prediction Markets), CoinShift (Decentralized Exchange), BitAssets (NFT etc), BitNames (Identity), Photon (Quantum Resistant). Unlike BCH (the 2017 fork): - There is no "Bitcoin" in the name. New name, new brand. - You are getting advanced warning (4 months). - We are replaying all txns (at first). We will release a coin-splitter tool. - This is a permanent & sustainable fix to Bitcoin's problems (instead of a 1 MB to 8 MB temporary fix). - Back in 2017, the BTC tech stack was strong, and expectations for Lightning were strong. Today, it is the reverse. Video to follow.

@MFactologist @demsocjohnbrown @TimePreference_ You need to read some more on the topic. You have been confused into thinking that the system you see before you right now is capitalism. It’s not. It’s crony capitalism. If this is what capitalism actually was by definition, I’d also be opposed to capitalism

@yourbtcguide @demsocjohnbrown @TimePreference_ What is the polar opposite of capitalism? Free market like in my example? I know free market and capitalism are polar opposites. There is nothing stopping central banks from being part of capitalism since capitalism is the accumulation of capital by any means.

socialism solves the problem of unequal distribution by ensuring there's nothing left to distribute

@MFactologist @demsocjohnbrown @TimePreference_ It’s quite literally proven to be the polar opposite of capitalism. Look up who the architect of Bretton woods was and which organisation he came from… there is no central bank in capitalism

@yourbtcguide @demsocjohnbrown @TimePreference_ 2 natives trading furs and berries is free market and has absolutely nothing to do with capitalism. The problem is people try to explain away the realities of capitalism by saying it isn't real capitalism even though it is proven capitalism.

@MFactologist @demsocjohnbrown @TimePreference_ Real capitalism is free markets. You’ve never seen it in your lifetime. What you are seeing is a centrally planned economy with cronies controlling it. Capitalism for the rich, socialism for everyone else

@demsocjohnbrown @yourbtcguide @TimePreference_ But the pedo Epstein class bots, trolls and grifters can't cope with the truth. They have to pretend it's not "real capitalism" when real capitalism is exposed for what it really is.

@MFactologist @TimePreference_ *cronyism not capitalism

@TimePreference_ But remember under capitalism all you have to do is spend nothing and work longer, harder, faster, more, more, more and in just a few thousand years you too can save a tiny fraction of the wealth created by working people and stolen by the non working capitalist Epstein class.