Crypto FundamentalsGiving you a firm grasp on Crypto
Step 1: Practical EducationThis website will provide material to help one learn about cryptocurrencies, from the ground up. The main challenge people face is understanding the fundamentals and their primary use cases.
Step 2: Meaningful ImplementationThe next stage, after learning what is crypto, is to learn how crypto can improve the lives of mankind, either immediately or for their future. Think of it like this, learning how to send emails when most people are still sending faxes.
Step 3: What Comes NextAt this stage, the only thing left is to implement what has been learnt on ones self, as actions comes after knowledge. This stage will define how you fit into the cryptoverse, from how to spend it, earn it, invest it, and the list goes on.
For all of those who genuinely want to know what this global phenomenon called ‘Bitcoin’, there are three questions that need to be answered.
Why do we need Bitcoin for anything when we have what we have?
How does the ‘system’ work? And what did ‘Bitcoin’ achieve.
What is it? If its even a ‘thing’ and are their any parallels we can draw between it and what we already know and have? Or is it something completely different?
With these three questions we will make the case for Bitcoin. As for the Islamic question of whether it is ‘halal’ or not, that will be dealt with in the Islamic Guidance section of our website, but we highly recommend you understand what bitcoin is before delving into that as:
حكم الشيء فرع عن تصورهHaving an islamic opinion on something is dependant upon your mental perception of what it is.
If you don’t understand the Why, How and What of Bitcoin, you can never understand whether it is halal or not.
So with that introduction out of the way, lets begin.
Step 1The ‘Why’ of Bitcoin
History of Money
Our current system of Money
The latest technology of Money
Step 2The ‘How’ of Bitcoin
Bitcoin a means of communication
Mining & Network Security
Step 3The ‘What’ of Bitcoin
Properties of Money
Asset, Currency, Money or Nothing