The Bitcoin Guide

Alhamdulillah for Bitcoin

Nostr: npub13nzhjmuhxyxxtxhwc9vxucydw3u5m5ykamnmtvqjqmpw3mt7k48qksfmue

[The Bitcoin Guide @yourbtcguide]

I wonder if @chamath or @RayDalio would like to take this moment to remind us of why the openness of Bitcoin’s base protocol layer is a problem, and why it’s so important to engineer privacy into L1s?

[The Bitcoin Guide @yourbtcguide]

@TeePolitics Imagine a world too where a business can create a product of real value and high quality, such that it lasts the customer 10-15 years, and they don’t have to rush to figure out the next “special edition” or “upgrade” to sell, just to avoid the erosion of their balance sheet

[Tee @TeePolitics]

When liquidity eventually becomes expensive, the era of high limit consumer credit cards and lines of credit comes to an end . This would be disastrous for many businesses and individuals who rely on the monthly liquidity.

Well the reason they rely on it is due to being overextended by the fiat debt system in the first place. So something like that would be a bandaid being ripped off, and the only survivors will be those with strong balance sheets, whether personal or business.

In this coming world of tight monetary conditions, the question will not be “what’s your credit score” but instead “do you actually own anything”. This will implicitly or explicitly show up in almost every transaction in some way: Buying a car, leasing a property, booking a hotel, extra privileges and perks.

This will force businesses to be disciplined in order to be successful. The whole culture of massive valuations, “build fast and break things” will come to an end. Over the long haul, this should produce better results for humanity.

[The Bitcoin Guide @yourbtcguide]

“When it comes to any L1 there will be bugs” - maybe thats why you don’t over engineer an L1 to such a degree that it’s impossible for anyone to verify its supply?

Or even better… maybe if you have a privacy innovation, you build it on top of a tried and tested L1, which has stood the test of time and proven itself to be more robust than anything you could build today? Radical, I know.

[Cameron Winklevoss @cameron]

Zcash has unparalleled cryptographers, security engineers, and security researchers. And the community is heavily focused on continuous improvement and hardening the network. That's why it engages world class security researchers to look for bugs. And that's why the recent potential exploit was found. It wasn't by accident and it's a vote of confidence, not a cause for alarm. When it comes to any L1, there will be bugs. What's important is that there are world class researchers focused on hardening the network and staying ahead of the bad guys. This has always been and always will be the dynamic of building software that is secure. Onward.

[The Bitcoin Guide @yourbtcguide]

Those with their eyes still closed will look at this as an opportunity…

[unusual_whales @unusual_whales]

Fidelity has lowered the minimum account requirement for access to the SpaceX IPO from as much as $500,000 to just $2,000.

[The Bitcoin Guide @yourbtcguide]

The timing of the call from @Excellion was almost poetic

[Watcher.Guru @WatcherGuru]

JUST IN: Zcash crashes 48% after Claude AI finds critical vulnerability allowing unlimited minting of $ZEC.

It went unnoticed for 4 years until it was patched on June 1st.

[Muslim Bitcoiner BIP-110⚡ @MBitcoiner]

Which way Muslim man

[The Bitcoin Guide @yourbtcguide]

@TeePolitics Why am I watching a video of a talking kidney bean

[Blockchainology ️️️⚡️ @weareblockchain]

Muslim Bitcoin Summit - London.

October 2026.

More details coming soon, inshaAllah.

[Muslim Bitcoiner BIP-110⚡ @MBitcoiner]

This is the wrong approach. There are thousands of coins being minted each day, all of them centralized and only have the one use case of enriching the insiders to dump on retail. None of these altcoins can address or challenge global Riba hegemony. It's a waste of time trying to categorize them as halal or haram.

Just stick with Bitcoin. It's the only one that matters for Muslims.

[Zee ₿⚡ @StackUpYourSats]

Lightning replaces Hawala's human trust and reputation with code-enforced rules (hashed timelock contracts, revocable sequences, etc.), so it's more deterministic and less reliant on personal relationships.

[The Bitcoin Guide @yourbtcguide]

One thing I love is that Bitcoin’s lightning network is literally a digital Hawala system, the parallels are extremely interesting for any Muslim who cares to learn about it.

It’s a real shame that more scholars and people of knowledge don’t look into this more deeply.

[OrangeUmmah @orangeummah]

Hawala moves $200–$400 billion a year. No interest. No central bank. No licensed intermediary. Classical scholars validated it for centuries. Nobody calls it haram. So why does Bitcoin get a different standard?

[The Bitcoin Guide @yourbtcguide]

@BitcoinLawyr I can’t believe I used to respect this guy in my previous life 🤣

[The Bitcoin Guide @yourbtcguide]

This is the root cause of so many people misunderstanding money. Decades of manipulation in the pursuit of smoothing out volatility has led people to believe that volatility shouldn’t exist in money, even though it exists everywhere in the natural world.

They fail to understand that by trying to artificially remove the volatility in money, you just amplify it and push it elsewhere, where it causes greater harm. Volatility now occurs in other areas of the economy, to a far greater degree than it otherwise would, for seemingly inexplicable reasons; all because we try to deny its natural existence in the money. That volatility then becomes more destructive than it otherwise would be, because its root cause is hidden behind opaque layers of financial engineering, making it impossible to diagnose, plan for, or react to.

Money is subject to supply and demand like all goods, and “volatility” is just a representation of that. Demand for money will increase when people choose to save more, and vice versa. That’s a critical economic signal, showing you real decisions, being made by real people, informed by real circumstances at any given time. Without it, you have no way of perceiving societal sentiment toward a set of events, or judging how current conditions are affecting economic outlooks. Instead, you only find out when it’s too late, and when the impact is catastrophic.

[Kode D. Grynvault @hudhaifahz]

Muslim Bitcoiners:
- the riba is in the money
- reclaim your sovereignty
- make digital Hijra
We tried gold, it doesn’t work, try Bitcoin, self custody and proof of work

Muslims:
- no way… actually ok yes
- Muslim states unite
- pffft
thanks we’ll try everything else first

[The Bitcoin Guide @yourbtcguide]

https://t.co/QQ78O6D1l5

[The Bitcoin Guide @yourbtcguide]

I can’t believe I’m watching people go to such lengths to try and explain that yes, despite its creation being riba, it being tainted by riba, and technically each unit literally being a debt instrument (that can mathematically never actually be paid back in full)… it’s somehow radical to say fiat = riba 🤣

Why will Muslims try every way possible to justify something they know is evil.

[Safdar Alam @SafdarAlam]

These Muslims are damaging our Ummah:
- don’t understand credit creation and support Islamic banks
- understand Shariah in some sense and support Islamic banks (this is much worse)
- taking out Islamic loans for consumption
- taking part in any Islamic fixed income or reliable yield products
- looking for yield on crypto
- delivering or supporting any of the above claiming it’s helping Muslims
- saying why fight fiat because there is no solution
- saying “it’s not perfect at least it’s a start”
- “conventional banking is 100% haram and at least Islamic banks don’t invest in alcohol”
- talking about fintech in a manner of making money and getting clout
- telling Muslims it’s more important to make money than treating capital as a burden and Amanah
- saying we have to follow the scholars who know best
- not understanding fiat is Riba
- saying Bitcoin is haram and fiat is fine
- trusting your Muslim government to actually implement Islamic finance

Will pause for breath …

[The Bitcoin Guide @yourbtcguide]

https://t.co/unIE0ot14F