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RE: "It's Forbidden By Islam": Egypt's Grand Mufti Bans Bitcoin Trading

in #bitcoin7 years ago (edited)

Honestly, it's obvious this will work on fundamentalists and those who would prefer to not go against the grain, but in reality doesn't this add even more exposure to cryptocurrencies? We've seen time and time again when you ban something (especially something which doesn't cause harm to people) it just grows even larger, albeit under the surface.

Maybe Middle Eastern culture is different and they do stay away. But, I think we'll start seeing more crypto investments from that region.

Hey, what if a country like Saudi Arabia or Jordan wants to get in on the action? (Suggesting they haven't already, of course)

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