The Messenger of Allāh صلى الله عليه وسلم said: The Muslim is a brother to the Muslim, he doesn't oppress him nor does he forsake him. Bukhari narrated it. (1)
Commentary: Ibnu hajar said: He doesn't oppress him: This is an information with the meaning of command, for the oppression of the Muslim is impermissible. He doesn't forsake him: That is, he does not leave him with the one who will harm him, nor in what will harm him, rather, he assists him and wards off harm away from him, this is more specific than leaving off harming him. (2)
_ 1. Bukhari 2442, reported by Ibnu Umar رضي الله عنهما.
2. Fat-hul Baaree 5/97. _ Translated by: Abū Juwayriyah Nūruddīn ibn Sulaymān ibn Hārūn Al-'Īdī An-Nījīrī وفقه الله _ Catalogue Previous Next
The Messenger of Allāh صلى الله عليه وسلم said: The Muslim is a brother to the Muslim, he doesn't oppress him nor does he forsake him. Bukhari narrated it. (1)
Commentary: Ibnu hajar said: He doesn't oppress him: This is an information with the meaning of command, for the oppression of the Muslim is impermissible. He doesn't forsake him: That is, he does not leave him with the one who will harm him, nor in what will harm him, rather, he assists him and wards off harm away from him, this is more specific than leaving off harming him. (2)
_ 1. Bukhari 2442, reported by Ibnu Umar رضي الله عنهما.
2. Fat-hul Baaree 5/97. _ Translated by: Abū Juwayriyah Nūruddīn ibn Sulaymān ibn Hārūn Al-'Īdī An-Nījīrī وفقه الله _ Catalogue Previous Next
Like a stock, you can buy and hold Bitcoin as an investment. You can even now do so in special retirement accounts called Bitcoin IRAs. No matter where you choose to hold your Bitcoin, people’s philosophies on how to invest it vary: Some buy and hold long term, some buy and aim to sell after a price rally, and others bet on its price decreasing. Bitcoin’s price over time has experienced big price swings, going as low as $5,165 and as high as $28,990 in 2020 alone. “I think in some places, people might be using Bitcoin to pay for things, but the truth is that it’s an asset that looks like it’s going to be increasing in value relatively quickly for some time,” Marquez says. “So why would you sell something that’s going to be worth so much more next year than it is today? The majority of people that hold it are long-term investors.”
How to Use Bitcoin?
n the U.S. people generally use Bitcoin as an alternative investment, helping diversify a portfolio apart from stocks and bonds. You can also use Bitcoin to make purchases, but the number of vendors that accept the cryptocurrency is still limited. Big companies that accept Bitcoin include Overstock, AT&T and Twitch. You may also find that some small local retailers or certain websites take Bitcoin, but you’ll have to do some digging. That said, PayPal has announced that it will enable cryptocurrency as a funding source for purchases this year, financing purchases by automatically converting crypto holdings to fiat currency for users. “They have 346 million users and they’re connected to 26 million merchants,” says Spencer Montgomery, founder of Uinta Crypto Consulting. “It’s huge.”
