Encouraging Muslims To Start Bitcoin Savings
((Stepping Stone to Physical Gold))
From Abu Hurairah r.a. from the Prophet s.a.w. His words: "These people are like metals, just like gold and silver. The chosen ones among them in the age of Jahiliyah are also the chosen ones in the Islamic age, if they become clever - in matters of religion. Spirits it is a group of different soldiers, so those who are known from the group of spirits can certainly be peaceful, while those who are not known from the group of spirits will certainly be at odds - meaning that good spirits gather together with good spirits, while those who bad with bad." (Muslim History)
Bitcoin hits US$80,000 for the first time
From Abu Hurairah r.a. also from the Prophet s.a.w., his words: "Woe to the person whose slave is dinar/gold and dirham/silver, silk velvet and clothing. If he is given it, his heart is willing and if it is not given, then he is not willing - the meaning is that he is very greedy .(Narrated by Bukhari)
Hadith from Urwah bin Abi Al-Ja'd Al-Bariqi, he said:
"Indeed the Prophet Shallallahu 'alaihi wa sallam gave him one dinar to buy a goat, then he bought two goats for the Prophet Shallallahu 'alaihi wa sallam with the money. So he sold one for one dinar and brought one goat and one dinar to the Prophet Shallallahu 'alaihi wa sallam 'alaihi wa sallam. Then the Prophet Shallallahu 'alaihi wa sallam prayed for him: "He (this Urwah), if he buys dust, he will certainly benefit" (Reported by Abu Dawud [2810] and at-Tirmizi [1/287])
In this digital era, it cannot be denied that Bitcoin has become a phenomenon that cannot be ignored. With a current value that exceeds $81,000, Bitcoin is now the focus of investors around the world. As Muslims, it is important for us to understand the opportunities in front of us. Although there are hadiths that mention the greatness of gold in the end times, we should see Bitcoin as a stepping stone to achieve a greater goal, which is the ownership of physical gold.
Abu Bakar Ibn Abi Maryam reported that he heard the Messenger of Allah had said "There will come a time when nothing of value and can be used by mankind. So keep dinars and dirhams (for use). (Musnad Imam Ahmad Ibn Hanbal).
There are many ways to use this technology to our advantage. Bitcoin is not just a digital asset but also an increasingly recognized form of store of value. By taking the smart step of getting involved in this crypto market, we will not only have the potential to enjoy positive profits, but also be able to leverage the results to increase our ownership of physical gold, which has long been considered one of the most stable assets.
From Abu Hurairah r.a., he said: "The Messenger of God, may God bless him and grant him peace, said:
"One dinar that you spend for the cause of fisabilillah, one dinar that you spend for a slave - then you can be free immediately, one dinar that you give to a poor person and one dinar that you spend on your family, then the greatest reward is what you spend to your family." (Muslim History)
As reported, the value of Bitcoin has now reached RM 358,000 and shows signs of continuous improvement. This is an opportunity we should take seriously. The upward trend in the value of Bitcoin after Donald Trump's victory in the United States Presidential election shows that for those who take the first step, great rewards may await. From his appointment until his official inauguration in January 2025, investors have the opportunity to take advantage of the likely continued price increase.
On the authority of Abu Abdillah (some say his name is Abu Abdirrahman), that is Tsauban bin Bujdud, a servant of the Messenger of Allah, peace and blessings be upon him, he said: "The Messenger of God, peace and blessings be upon him, said: "The most important of the dinars that a man spends is the dinars that he spends on his family, and also dinars that were spent on his vehicles to fight fi-sabilillah and also those that were spent on his friends to fight fisabilillah as well." (Recorded by Muslim)
One thing to remember, being involved in Bitcoin doesn't mean we glorify it more than it should. Rather, it is a method to manipulate the speed of the Bitcoin price to achieve ownership of a more valuable asset, namely physical gold. By starting Bitcoin savings, we open up the opportunity to maximize our investment by using the profits generated to buy the desired gold.
From Abu Hurairah r.a., he said: "The Messenger of God, may God bless him and grant him peace, said:
"There is no one who has gold or silver and does not pay his dues - his zakat - from it, but when the Day of Resurrection comes, sheets of fire will be made for him and they will be heated in Hell, then his stomach, forehead and back will be ironed with these sheets, and when they have cooled down they will be returned to him - that is, they will be heated and ironed again. This will happen for a period of time estimated to be fifty thousand years - according to the reckoning of the days of this world, until judgment is decided between the servants of God, and then that person will know the fate of himself, sometimes going to Paradise and sometimes going to Hell."... (Muttafaq 'alaih)
Therefore, for Muslims who wish to build wealth and protect the value of their savings, now is the time to pay attention to Bitcoin. This step can not only make us more competitive in the global economy, but can also ensure that we have stable and valuable assets in the future. Don't let this opportunity pass you by, start your Bitcoin savings today and use it as a tool to achieve greater financial goals.
From Abu Darda' r.a., he said: Rasulullah s.a.w. said: "Wouldn't you all like it if I told you all about the best of your deeds, as well as the most beautiful for God who reigns over you all, and the highest in all of your degrees, even better for you all than spending gold and silver, also is it better for you all than for you all to meet your enemies and you cut their necks and they cut your necks too?" The companions said: "Okay." He s.a.w. then said: "It is zikr to Allah Ta'ala." (Tirmidhi narration)