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Cryptocurrency has been declared Haram by Indonesia's Islamic Authority
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[QUOTE="Good-Guy, post: 178122, member: 29109"] First of all, cryptocurrencies do not have "elements of wagering". The value of cryptocurrencies are determined by various real factors such as foreign policies regarding cryptocurrencies, Proof of work, international market value of Bitcoin, and mining capabilities and legality of crypto in various countries. So the claim that cryptocurrencies are just like gambling your money in a casino or it has "wagering elements" is totally incorrect. Perhaps the Indonesian Council needs to reconsider their decision regarding cryptocurrencies. [/QUOTE]
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Cryptocurrency has been declared Haram by Indonesia's Islamic Authority
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