Bitcoin Pakistan

“But stablecoins are nothing to do with Riba! “ There’s a difference between Muslims being on the back foot and operating as best we can - with considerable constraint - within a financial system not made for us. The point being we can try to build a base that may survive if and when we can operate without Riba And Leaving the fiat space (or claiming to do so) to ACTIVELY seek yield Utilising specific aspects that ENTIRELY depend on Riba to exist and survive and could not exist without Riba, and then using a direct consequence of that to profit from and extract yield from. ( specific reference here to USDC and USDT but the wider claim applies) If riba is eliminated - these spaces would directly fail and not exist. And any business built on them would also not exist. When we make excuses to rebuild and rely on the explicit aspects of Riba we are ordered to avoid - this is not escape. This is not innovation. This is not saving Muslims This is not replicating the glory of our noble predecessors This is not preparing our Ummah for elevation This is not serving our Ummah This is extraction from Muslims. Pure and simple. We treat Muslims like Riba treats us. As items to monetise We treat our Deen as a tool for yield. A tool for emotional manipulation. A tool to uplift ourselves - and make us sound like saviours. Our Deen presses upon us a coherent philosophy of capital and constraint. We choose to ignore it. There can be no benefit for us here.