Hmm.... Sharia to the rescue! A strange turn of events and it makes sense. I have always wondered why there are so few Jews in the crypto space, at least it seems like it. Perhaps they want to keep controlling the central banks, fractional reserve banking, and the money supply. Cryptos are bad for business. The hawala system looks a little crypto-like: https://en.wikipedia.org/wiki/Hawala
In fact, I've always wondered something similar, however, I think that either the cryptocurrencies went under their radar until now, and they are planning to do something about it, or they already have some control: The Dark Side of the Bitcoin
Too bad cryptocurrencies are now subject to speculation that drove people away from.the gold standard: in other words when they speculate on your gold, currency or commodities, you lose.
I'm going to work that out as a blog, but it is kind of sad. 👿
We know that something is wrong in the world when the "western democracies" are against the cryptos and in favor of the fractional reserve banking, while an eastern totalitarian regime is in favor of the cryptos, and against the fractional reserve banking.
Bitcoin and other virtual coins rose on Thursday, after a research paper claimed that the virtual currencies were compliant with Islamic religious law, or Sharia law.
Very suggestive, this choice of words in the introduction paragraph on investing.com. I think the surge in price is not caused by this research paper, but when casually reading this intro you might think it is.
Other virtual currencies were up, with rival Ethereum, the world’s second largest cryptocurrency by market cap, up 9.98% to $462.04 on the Bitfinex exchange. Ripple, the third largest virtual currency, increased 12.34% to $0.56111 while EOS was at $9.0653 a rise of 26.36%.
And the real conundrum they save for the last paragraph... The biggest jump is made by the only coin that isn't even a real coin yet but just an ICO. Now, I'm a big fan and hodler of the yet-to-be-born EOS, so I think it's great. But I do understand all the criticisms that say it's ridiculous that EOS now even has surpassed LTC, a coin that has already proven it's worth and already exists.
Still a great post and valuable info: thanks again!
This is good news for crypto, especially because just as you said, if they embrace and accept crypto, the West will have to do the same if they don't want to be seen as totalitarian.
Crypto slowly is taking over, and I am happy for that.
Cypto compatible with Sharia? Damn, now I've heard everything.
It's funny you should ask: :-))))) https://steemit.com/bitcoin/@jrcornel/curious-why-bitcoin-just-jumped-usd1-200-in-less-than-an-hour
Great stuff. Thanks :)
Hmm.... Sharia to the rescue! A strange turn of events and it makes sense. I have always wondered why there are so few Jews in the crypto space, at least it seems like it. Perhaps they want to keep controlling the central banks, fractional reserve banking, and the money supply. Cryptos are bad for business. The hawala system looks a little crypto-like: https://en.wikipedia.org/wiki/Hawala
In fact, I've always wondered something similar, however, I think that either the cryptocurrencies went under their radar until now, and they are planning to do something about it, or they already have some control: The Dark Side of the Bitcoin
Too bad cryptocurrencies are now subject to speculation that drove people away from.the gold standard: in other words when they speculate on your gold, currency or commodities, you lose.
I'm going to work that out as a blog, but it is kind of sad. 👿
We know that something is wrong in the world when the "western democracies" are against the cryptos and in favor of the fractional reserve banking, while an eastern totalitarian regime is in favor of the cryptos, and against the fractional reserve banking.
Thank you for another great post, @scandinavianlife!
Very suggestive, this choice of words in the introduction paragraph on investing.com. I think the surge in price is not caused by this research paper, but when casually reading this intro you might think it is.
And the real conundrum they save for the last paragraph... The biggest jump is made by the only coin that isn't even a real coin yet but just an ICO. Now, I'm a big fan and hodler of the yet-to-be-born EOS, so I think it's great. But I do understand all the criticisms that say it's ridiculous that EOS now even has surpassed LTC, a coin that has already proven it's worth and already exists.
Still a great post and valuable info: thanks again!
Taking ridiculosity to the next level. Anyway, I guess this is a good news for crypto :)
This is good news for crypto, especially because just as you said, if they embrace and accept crypto, the West will have to do the same if they don't want to be seen as totalitarian.
Crypto slowly is taking over, and I am happy for that.
Coins mentioned in post:
Those are great new i'm sure that now we will see much more trading volume for many places we didn't saw so far
No one can stop the crypto revaluation
I assume now we will start to see many new coins from the Arab wold amm i want to get some bithummad ....