Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia
A decision by a prominent religious body in Ingushetia to prohibit dealings with cryptocurrency has sparked controversy in the predominantly Muslim Russian republic. Critics have taken to social media to express their disagreements with the ban, pointing out that the treatment of bitcoin in Islamic jurisdictions is not one-sided. Islamic Cleric Explains Reasoning Behind Crypto Prohibition At a meeting in mid-April, the Ingush Council of Alims adopted a ban on the purchase and sale of cryptocurrencies by Muslims in the country. The Islamic clergymen said at the time that they took the....
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In a year with rising crypto prices, online chatter devoted to cryptocurrencies has increased significantly. Research carried out on Russian social media has identified the most talked about coins and it’s not just bitcoin on people’s minds.
Experts List Most Mentioned Cryptos on Russian Social Media
Brand Analytics, a company specializing in media monitoring in the CIS area, has recently published a report ranking the most popular cryptocurrencies, according to the frequency of their appearance in Russian-language conversations on social media. To assess interest....
I. The flaws of centralized social media platforms & the problems can be solved by their decentralized counterparts Today we use social media applications such as WeChat, Discord, Twitter, and Facebook to transcend spatial/temporal limits and communicate with others, thereby minimizing the time needed for communication or social interaction. However, such centralized social media platforms […]
Billionaire and real estate mogul, Frank McCourt has recently been working on a new blockchain venture titled Project Liberty. It’s ambitious goal, to bring together the power of the blockchain and merge it into a social media protocol. With a social media database like this, he believes no social media platform would be able to […]
Social media is a new type of technology that revolutionizes our everyday lives. Whether we want to stay in touch with friends or families, read the latest news, or simply share what we love and do with the world, social media is there to help. And even though there are some privacy concerns regarding social media, most people still use this centralized type of service for lots of reasons. Also read: Twitter Wants Your Date of Birth For Targeted Ads, Time For Decentralized Social Networks? Regardless of how you view social media, there is no denying that consumers have willingly given up a....
ISIS wants to introduce its own currency and plans to bring back solid gold and silver dinar coins, the Daily Mail reports. The Middle East terror group apparently wants to introduce its own Islamic currency as part of its attempts to solidify its makeshift caliphate. Militants are said to want to bring back the original dinar, which is an ancient currency from early Islam, and religious figures in Mosul and Iraq's Nineveh province have apparently announced its return in mosques. Also read: Pro ISIS Blog Suggests Bitcoin For Terrorist Funding: Why That Won't Work. The currency, which could....