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Luka Aravinda
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🍃Why is Bitcoin haram?🍃 Shaykh Shawki Allam “In my opinion, the trading of cryptocurrency is haram. This is because it is not approved by legitimate bodies as an acceptable medium of exchange. Such currencies are used in contraband trading and money laundering,” he said.

🍃Why is Bitcoin haram?🍃

Shaykh Shawki Allam

“In my opinion, the trading of cryptocurrency is haram. This is because it is not approved by legitimate bodies as an acceptable medium of exchange. Such currencies are used in contraband trading and money laundering,” he said.

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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🍃Can Bitcoin Reach $100,000 by 2024?🍃 The current year is the year of Bitcoin’s fourth #halving . It is expected to occur in the month of April. It forms the basis of #Bitcoin‬ ’s monetary policy and supports its increasing scarcity by cutting Bitcoin’s supply growth rate in half approximately every four years. At one point the supply growth rate of Bitcoin exceeded 10%, but it has been cut to about 1.75%. In the halving month, i.e. anticipated in the month of April, this year it will fall to just 0.85%. The BTC halving will continue until all the 21 million coins are mined, sometime in the year 2140. Currently, around 19.6 million BTC coins are circulated in the cryptocurrency market.
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🍃What age should I start crypto?🍃 There are technically no age restrictions for trading or mining in cryptocurrencies – although established sites such as Coinbase and Paypal require users to be at least 18.
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🍃Is cryptocurrency haram or halal?haram🍃 Trading futures in cryptocurrency is generally considered haram in Islamic finance. This is due to its speculative nature, likened to gambling, and the involvement of uncertainty and risk, which contradict Islamic principles emphasizing risk-sharing and avoiding speculation.
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