Faisal Ayyad
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Futures contracts are also forbidden.
Trading is halal or haram Follow me
The ruling on digital currencies (such as Bitcoin, Ethereum, etc.) in Islam depends on the nature of their use and the mechanism of dealing with them. The following is a detailed explanation of the legal rulings related to them:
1. Halal or permissible:
Basic in origin: Digital currencies as a means of financial exchange may be permissible if they meet conditions such as:
Clarity of ownership and transparency.
Lack of fraud or deception.
Not being used in prohibited transactions such as usury or gambling.
If the currencies are used for legitimate purposes and serve as a means of legitimate trade or investment, they may be permissible.
2. Haram:
Excessive speculation and gambling: If the primary purpose of using digital currencies is excessive speculation (speculation) without a clear economic value, this may fall under the scope of gambling, which is forbidden.
Ambiguity and uncertainty: Currencies that lack guarantees or are characterized by ambiguity and uncertainty (such as losing money for no apparent reason) may be forbidden.
Illegal transactions: If digital currencies are used in prohibited activities such as money laundering, financing terrorism, or trading in prohibited items.
3. Jurisprudential differences:
Some scholars consider digital currencies impermissible due to:
Their lack of clear financial support.
Their high value fluctuations, which lead to significant losses.
Their lack of legal regulation in
$HARD
The ruling on digital currencies (such as Bitcoin, Ethereum, etc.) in Islam depends on the nature of their use and the mechanism of dealing with them. The following is a detailed explanation of the legal rulings related to them:
1. Halal or permissible:
Basic in origin: Digital currencies as a means of financial exchange may be permissible if they meet conditions such as:
Clarity of ownership and transparency.
Lack of fraud or deception.
Not being used in prohibited transactions such as usury or gambling.
If the currencies are used for legitimate purposes and serve as a means of legitimate trade or investment, they may be permissible.
2. Haram:
Excessive speculation and gambling: If the primary purpose of using digital currencies is excessive speculation (speculation) without a clear economic value, this may fall under the scope of gambling, which is forbidden.
Ambiguity and uncertainty: Currencies that lack guarantees or are characterized by ambiguity and uncertainty (such as losing money for no apparent reason) may be forbidden.
Illegal transactions: If digital currencies are used in prohibited activities such as money laundering, financing terrorism, or trading in prohibited items.
3. Jurisprudential differences:
Some scholars consider digital currencies impermissible due to:
Their lack of clear financial support.
Their high value fluctuations, which lead to significant losses.
Their lack of legal regulation in
$HARD
I will go entry 0.0039
$1MBABYDOGE Back to 0.4
his new coin $X EMPIRE , many people dont know any thing about it
Anasta Maverick
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Speculation Grows Around Elon Musk’s X Payment System: Which Cryptocurrency Will Take Center Stage?
Anticipation is building across the cryptocurrency world as rumors swirl about Elon Musk's highly anticipated X Payment System. Envisioned as a revolutionary global, blockchain-based payment platform, the system promises enhanced speed, security, and efficiency. However, the crypto community is now focused on one burning question: which digital currency will Musk integrate into this cutting-edge ecosystem? Will it be established leaders like $XLM, $XRP, or $HBAR, or could he lean on his widely publicized favorite, $DOGE?
Leading Contenders for the X Payment System
1. $XLM, $XRP, and $HBAR: Proven Blockchain Networks with Real-World Impact
These cryptocurrencies have established themselves as leaders in the blockchain space, known for their robust capabilities in speed, scalability, and reliability.
Stellar (XLM): Stellar's focus on cross-border payments positions it as a strong candidate. Its ability to connect financial systems globally with minimal transaction costs and near-instant transfers makes it a frontrunner for global payment integration.
Ripple (XRP): Ripple’s technology has already demonstrated its strength in facilitating secure, scalable cross-border transactions for the banking and payments sectors. Its proven utility makes it a top contender.
Hedera Hashgraph (HBAR): Optimized for micropayments and enterprise-grade efficiency, HBAR boasts rapid processing and a unique governance structure, making it highly appealing for institutional use cases.
2. Dogecoin ($DOGE): The Unpredictable Favorite
Dogecoin remains Elon Musk’s most talked-about cryptocurrency, often touted as his “favorite.” While Musk's public endorsements have significantly boosted its popularity, his active involvement in shaping its technical capabilities has been limited. Interestingly, Musk recently used the acronym DOGE for the “Department of Government Efficiency,” sparking speculation about its potential connection to the X Payment System.
3. HBAR and Musk’s Cryptic Tweet
In late 2022, Musk shared a cryptic tweet featuring a symbol resembling Hedera’s $HBAR, fueling speculation about potential ties to the project. Despite this, no formal links between Musk and Hedera have been confirmed, leaving its role in the X Payment System uncertain.
The Big Question: Which Cryptocurrency Will Musk Choose?
The decision is generating intense debate within the crypto community, as each candidate offers distinct advantages:
$XLM and $XRP: Established leaders in cross-border payment solutions with robust ecosystems.
$HBAR: Enterprise-focused and highly efficient, appealing for large-scale institutional use.
$DOGE: While technically less advanced, it carries the unique advantage of Musk’s personal influence and cultural appeal.
The choice will be pivotal, as the selected cryptocurrency stands to benefit from a significant surge in adoption and value, potentially reshaping its position in the global financial ecosystem.
What’s Next for the X Payment System?
Musk’s X Payment System has the potential to redefine global transactions, leveraging blockchain technology to create a seamless financial experience. Whether Musk opts for a technically advanced blockchain like $XLM or $XRP, embraces $HBAR’s enterprise-grade features, or surprises everyone with $DOGE, his choice will have far-reaching implications for the crypto space.
Until an official announcement is made, speculation will continue to dominate the discussion. Which cryptocurrency do you think Musk will choose? Share your insights and predictions in the comments below!
#Share1BNBDaily #CryptoHistoricMoment
Leading Contenders for the X Payment System
1. $XLM, $XRP, and $HBAR: Proven Blockchain Networks with Real-World Impact
These cryptocurrencies have established themselves as leaders in the blockchain space, known for their robust capabilities in speed, scalability, and reliability.
Stellar (XLM): Stellar's focus on cross-border payments positions it as a strong candidate. Its ability to connect financial systems globally with minimal transaction costs and near-instant transfers makes it a frontrunner for global payment integration.
Ripple (XRP): Ripple’s technology has already demonstrated its strength in facilitating secure, scalable cross-border transactions for the banking and payments sectors. Its proven utility makes it a top contender.
Hedera Hashgraph (HBAR): Optimized for micropayments and enterprise-grade efficiency, HBAR boasts rapid processing and a unique governance structure, making it highly appealing for institutional use cases.
2. Dogecoin ($DOGE): The Unpredictable Favorite
Dogecoin remains Elon Musk’s most talked-about cryptocurrency, often touted as his “favorite.” While Musk's public endorsements have significantly boosted its popularity, his active involvement in shaping its technical capabilities has been limited. Interestingly, Musk recently used the acronym DOGE for the “Department of Government Efficiency,” sparking speculation about its potential connection to the X Payment System.
3. HBAR and Musk’s Cryptic Tweet
In late 2022, Musk shared a cryptic tweet featuring a symbol resembling Hedera’s $HBAR, fueling speculation about potential ties to the project. Despite this, no formal links between Musk and Hedera have been confirmed, leaving its role in the X Payment System uncertain.
The Big Question: Which Cryptocurrency Will Musk Choose?
The decision is generating intense debate within the crypto community, as each candidate offers distinct advantages:
$XLM and $XRP: Established leaders in cross-border payment solutions with robust ecosystems.
$HBAR: Enterprise-focused and highly efficient, appealing for large-scale institutional use.
$DOGE: While technically less advanced, it carries the unique advantage of Musk’s personal influence and cultural appeal.
The choice will be pivotal, as the selected cryptocurrency stands to benefit from a significant surge in adoption and value, potentially reshaping its position in the global financial ecosystem.
What’s Next for the X Payment System?
Musk’s X Payment System has the potential to redefine global transactions, leveraging blockchain technology to create a seamless financial experience. Whether Musk opts for a technically advanced blockchain like $XLM or $XRP, embraces $HBAR’s enterprise-grade features, or surprises everyone with $DOGE, his choice will have far-reaching implications for the crypto space.
Until an official announcement is made, speculation will continue to dominate the discussion. Which cryptocurrency do you think Musk will choose? Share your insights and predictions in the comments below!
#Share1BNBDaily #CryptoHistoricMoment
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Question: Have you heard about his new currency X EMPIRE??
Elon Musk, CEO of SpaceX and Tesla, has a huge influence on the cryptocurrency market. This is an important question. ✅
First of all, it must be noted that Elon Musk can influence the price of a currency by simply posting a tweet, at least in the short term, and this has a number of positive effects, my friends. We all know the DOGE currency before Elon Musk supported it and after his support, and his support was only with a tweet, my dear ones, and this led to a noticeable rise in the DOGE currency.
$DOGE
DOGE has a future, my friends, and you can make money from it in the near and distant future.
$DOGE
DOGE has a future, my friends, and you can make money from it in the near and distant future.
Not $TON 🤓
$TON the future, with telegram
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X EMPIRE / TCAT / POUCHI
Which coin do you guys think will show this trend Now?
Comment Below 👇👇👇👇
Comment Below 👇👇👇👇
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Can you give us your opinion on Elon Musk's new coin $X EMPIRE?
These 5 Meme Coins Can Turn $150 into $30,000 in Just 3 Months, at Less Than $0.01.
These 5 Meme Coins Can Turn $150 Into $30,000 In Just 3 Months, All At Less Than $0.01
Could a small investment lead to life-changing wealth? With five low-cost meme coins showing massive potential, it could be possible to turn $150 into $30,000 in just three months. At less than a cent, these cryptocurrencies are poised for massive growth. This article reveals the digital assets that could be the next big winner. Don’t miss out on the chance to discover them.
Could a small investment lead to life-changing wealth? With five low-cost meme coins showing massive potential, it could be possible to turn $150 into $30,000 in just three months. At less than a cent, these cryptocurrencies are poised for massive growth. This article reveals the digital assets that could be the next big winner. Don’t miss out on the chance to discover them.
0.5 $
$DOGE This coin has been stable for 3 days, it is a failed coin and I will sell at a loss of $3
$BTC $XRP #MarketDownturn
$BTC $XRP #MarketDownturn
The much-anticipated Blum Coin is officially set to list on exchanges on October 20, 2024. This announcement follows an extensive marketing campaign, with the project building considerable excitement in the crypto community. Alongside the listing, the Blum platform will launch its decentralized services in Q4 2024, with strategic partnerships and DeFi integrations planned for 2025. Early participants of the ongoing airdrop have a chance to secure Blum Coin allocations before the expected price surge.
Analysts are speculating that Blum could debut at around $0.20 by 2025, depending on market conditions, with some drawing comparisons to the success of similar projects like DOGS Coin. Make sure to stay updated, as this could present a significant opportunity.
$IO
Analysts are speculating that Blum could debut at around $0.20 by 2025, depending on market conditions, with some drawing comparisons to the success of similar projects like DOGS Coin. Make sure to stay updated, as this could present a significant opportunity.
$IO
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IO is set to release 2.11 million tokens on October 11
which is 2.22% of the current circulating supply
which is worth $3.7 million
$IO
which is 2.22% of the current circulating supply
which is worth $3.7 million
$IO
Sell or buy ??
$ORN
$ORN
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