๐โThere are no days during which righteous deeds are more beloved to Allฤh than these tenโ, meaning the ten of Dhul-Hijjah. They said: โO Messenger of Allฤh, not even Jihฤd in Allฤhโs cause?โ He replied: โNot even Jihฤd in Allฤhโs cause, except for the man who left out with his life and his wealth and does not return back.โ ๐
๐(Abลซ Dฤwud, no. 2438 and graded sahฤซh by Al-Albฤnฤซ)๐
๐โThere are no days during which righteous deeds are more beloved to Allฤh than these tenโ, meaning the ten of Dhul-Hijjah. They said: โO Messenger of Allฤh, not even Jihฤd in Allฤhโs cause?โ He replied: โNot even Jihฤd in Allฤhโs cause, except for the man who left out with his life and his wealth and does not return back.โ ๐
๐(Abลซ Dฤwud, no. 2438 and graded sahฤซh by Al-Albฤnฤซ)๐
Bitcoin is built on a distributed digital record called a blockchain. As the name implies, blockchain is a linked body of data, made up of units called blocks that contain information about each and every transaction, including date and time, total value, buyer and seller, and a unique identifying code for each exchange. Entries are strung together in chronological order, creating a digital chain of blocks. โOnce a block is added to the blockchain, it becomes accessible to anyone who wishes to view it, acting as a public ledger of cryptocurrency transactions,โ says Stacey Harris, consultant for Pelicoin, a network of cryptocurrency ATMs. Blockchain is decentralized, which means itโs not controlled by any one organization. โItโs like a Google Doc that anyone can work on,โ says Buchi Okoro, CEO and co-founder of African cryptocurrency exchange Quidax. โNobody owns it, but anyone who has a link can contribute to it. And as different people update it, your copy also gets updated.โ
How to Buy Bitcoin?
Most people buy Bitcoin via exchanges, such as Coinbase. Exchanges allow you to buy, sell and hold cryptocurrency, and setting up an account is similar to opening a brokerage accountโyouโll need to verify your identity and provide some kind of funding source, such as a bank account or debit card. Major exchanges include Coinbase, Kraken, and Gemini. You can also buy Bitcoin at a broker like Robinhood. Regardless of where you buy your Bitcoin, youโll need a digital wallet in which to store it. This might be whatโs called a hot wallet or a cold wallet. A hot wallet (also called an online wallet) is stored by an exchange or a provider in the cloud. Providers of online wallets include Exodus, Electrum and Mycelium. A cold wallet (or mobile wallet) is an offline device used to store Bitcoin and is not connected to the Internet. Some mobile wallet options include Trezor and Ledger.
