Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: CryptoHustler on July 23, 2023, 05:16:23 PM

Title: why would Muslims adopt Islamic Coin when they could just use Bitcoin?
Post by: CryptoHustler on July 23, 2023, 05:16:23 PM
Bitcoin is the most popular cryptocurrency by market cap. Bitcoin is way more widely adopted and can be spent in the real world already. So why would Muslims adopt Islamic Coin when they could just use Bitcoin?
Title: Re: why would Muslims adopt Islamic Coin when they could just use Bitcoin?
Post by: mhzim on July 23, 2023, 06:19:37 PM
Because Islamic Coin is Shariah-Compliant 😊
Title: Re: why would Muslims adopt Islamic Coin when they could just use Bitcoin?
Post by: Dankiv Mykhailo on July 23, 2023, 07:40:57 PM
I can name several reasons:
- ISLM is backed by gold
- Users know for sure that 10 percent of the coin issue will go to charity
- The project complies with all Shariah regulations
- The project is backed by serious people from the UAE
Title: Re: why would Muslims adopt Islamic Coin when they could just use Bitcoin?
Post by: Dyacon_frost on July 23, 2023, 10:05:57 PM
Cool project, hope it will beat BTC in first round ))
Title: Re: why would Muslims adopt Islamic Coin when they could just use Bitcoin?
Post by: Rembroman on August 26, 2023, 08:31:39 PM
This is the first time I heard about the Islamic coin, lately everyone has been hearing about the PEPE memcoin and TFS token. But you make a good point, it makes sense
Title: Re: why would Muslims adopt Islamic Coin when they could just use Bitcoin?
Post by: bom_bom on August 28, 2023, 08:31:18 AM
Quote from: Rembroman on August 26, 2023, 08:31:39 PM
This is the first time I heard about the Islamic coin, lately everyone has been hearing about the PEPE memcoin and TFS token. But you make a good point, it makes sense
oh yeah PEPE, a month ago was the most popular memtoken on the web, and there is still hype about TFS
Title: Re: why would Muslims adopt Islamic Coin when they could just use Bitcoin?
Post by: shibapancakes on August 28, 2023, 11:36:49 PM
So the thing is, Islamic Coin and other similar cryptos are designed to be Shariah-compliant, meaning they vibe with Islamic finance principles. Bitcoin is cool and all, but it doesn't tick those boxes for everyone. If you're a Muslim investor lookin' to keep things halal, then opting for a specialized coin might just make more sense for ya.
Title: Re: why would Muslims adopt Islamic Coin when they could just use Bitcoin?
Post by: WizardOfAlts on September 14, 2023, 09:20:43 AM
I find that highly ridicilous... However, i think if it is marketed properly and they come together, it will actually succeed... they are kinda strong when it comes to stuff they believe in sooo if it gets its foothold, it will be a thing..
Title: Re: why would Muslims adopt Islamic Coin when they could just use Bitcoin?
Post by: cryptoworld1 on September 15, 2023, 04:35:04 PM
Bitcoin is most popular cryptocurrency worldwide and large market cap and safe. Islamic Coin and other similar cryptos are designed to be Shariah-compliant, meaning they vibe with Islamic finance principles. But bitcoin is so next level coin.