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"Saudi Arabia, Qatar to Announce Purchase of 1 Million BTC Soon – CryptoNewsAlert" #Saudi Cleric’s Remark on Bitcoin Being Permissible under Islamic Law - A Reversal of Previous Prohibition Views • Saudi cleric Abdurrahman bin Nasir al-Barrak issued a fatwa stating that Bitcoin does not violate Islamic law. • Fatwa: An opinion on Islamic law by a religious scholar, not a legal judgment. (In some Middle Eastern countries, fatwas can carry more authority than the law.) • Abdurrahman bin Nasir al-Barrak, a Salafi Sunni cleric, compared digital currencies to cheques or cash and said they should be left to God's judgment. • Al-Barrak's statement opens the possibility of funds from Saudi's sovereign wealth fund flowing into Bitcoin. • This statement reverses the 2017 interpretation of Bitcoin as forbidden under Islamic law. • Saudi cleric Assim Al-Hakeem, in 2017, claimed Bitcoin violates Islamic law. • Al-Hakeem: Bitcoin's anonymity can be advantageous for criminals. • Turkey's religious authority decided Bitcoin was incompatible with Islam before Al-Hakeem's verdict. #Why Did the Saudi Cleric Advocate for Bitcoin Now? Independence from the US-Centric Financial System Investing in cryptocurrencies could lead Saudi Arabia away from dependency on the US-centric financial system, enhancing its international political and economic independence. Investment Strategy of Crown Prince bin Salman Crown Prince bin Salman is pushing for economic diversification and modernization of Saudi Arabia, potentially including digital assets like Bitcoin. Al-Barrak's statement may be part of this strategy, facilitating investment in digital assets. Part of Economic Diversification and Innovation Traditionally reliant on oil, Saudi Arabia is pursuing economic diversification. A more open stance on cryptocurrencies like Bitcoin aligns with this strategy. Response to International Technological Trends With the global prominence of cryptocurrencies and blockchain technology, Saudi Arabia’s move could be an effort to join this international trend. To Be Continued in the Next

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Shiba Inu Prediction! [5] The Reason Why Shiba Inu Coin is Inevitable to Surge Over 100 Times! As discussed in the previous post, the cryptocurrency market is experiencing a surge in prices. • Firstly, people have begun their search for the next Solana, indicating a lookout for promising crypto assets. • Secondly, there is a hunt for the next 'meme' coin like Bonk, which suggests a trend towards speculative investment in meme-based cryptocurrencies. To understand: Bitcoin = Ethereum Solana = Ethereum Classic Bonk = Shiba Inu Bitcoin saw a rapid rise from $30,000, followed by record highs for Solana and the 'meme' coin Bonk. As Bitcoin undergoes correction, there will be a few weeks of altcoin pumping. You are expected to witness a new peak in Shiba Inu's price in 2024. If you're interested in more content like this, I recommend following for continuous updates. ************************************** "Crypto Youtuber DooriDoori Profile" 2021-2022: Top 1 Korea Crypto YouTube Super Chat Author: "Bitcoin: The Opportunity of 600 Years" CEO: DooriAni Crypto Jewelry **************************************

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"The Passage of the Bitcoin Spot ETF Opens the Doors to Cryptocurrency Wealth" "For uneducated retail investors, it will be the gates of hell." #bitcoin #BitcoinETF #BitcoinEFTs

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Shiba Inu Prediction! [2] The Reason Why Shiba Inu Coin is Inevitable to Surge Over 100 Times! Shiba Inu's Proposed Token Burn: Shiba Inu's lead developer Kusama has proposed burning 99.9% of SHIB tokens, reducing the total from 580 trillion to 580 billion. This token burn is considered a marketing strategy, effectively reducing the circulating supply. Shiba Inu's Role in Crypto Market: Initially created as a pump coin to complement Ethereum, SHIB's proposed 99% token burn aligns naturally with its market positioning. Vitalik Buterin's Involvement: During the peak popularity of Dogecoin, Shiba Inu emerged, transferring 50% of its supply to Ethereum co-founder Vitalik Buterin. Contrary to market fears of a potential sell-off, Buterin donated a significant portion to various charities. Legitimizing Meme Coins: Transferring 50% of SHIB to Vitalik Buterin was likely a strategic move to gain legitimacy among Ethereum investors, thus advancing SHIB from a mere meme coin to mainstream acceptance. The narrative flows from Ethereum to Shiba Inu, then to Buterin, the community, and finally to charitable donations. Comparative Authenticity: In terms of authenticity, Shiba Inu is akin to Bitcoin Cash, which was the next major creation after Bitcoin. Market Position and Token Burn: Among various meme coins, Shiba Inu has one of the lowest price points. Continuous token burning, whether it's 99.9% or a lower percentage like 10% or 20%, will significantly drive up its value. Rationale Behind Large Supply: The large supply of SHIB tokens was created with the intent of being burnt to boost its market value. Considering its origin and pricing, Shiba Inu is nearly perfect as a meme coin. The planned token burn further enhances its potential for significant growth. If you're interested in more content like this, I recommend following for continuous updates. "Crypto Youtuber DooriDoori Profile" 2021-2022: Top 1 Korea Crypto YouTube Super Chat Author: "Bitcoin: The Opportunity of 600 Years" CEO: DooriAni Crypto Jewelry

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