Reminds me of hawala, an interesting money transfer system that doesn't actually involve the movement of money, based on the honor system and with roots in Islamic law: https://en.wikipedia.org/wiki/Hawala
Actually Bitcoin is like hawala, too, when used for cross-border finance transfer: the sender trusts the network that the reciever will be able to exchange the Bitcoins for the corresponding value in local currency.
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"10% of the gain will be donated to the muslim brotherhood foundation."
Am I they only one alarmed by this?
Reminds me of hawala, an interesting money transfer system that doesn't actually involve the movement of money, based on the honor system and with roots in Islamic law: https://en.wikipedia.org/wiki/Hawala
Actually Bitcoin is like hawala, too, when used for cross-border finance transfer: the sender trusts the network that the reciever will be able to exchange the Bitcoins for the corresponding value in local currency.
No code, no downloads.
Nothing to see here, just silly bandwagonning.