Allahcoin – Peer-to-peer Islamic currency

[xelfer]

http://www.allahcoin.org/index.php/en/

[obeid]

"10% of the gain will be donated to the muslim brotherhood foundation."

Am I they only one alarmed by this?

[Wingman4l7]

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

[mschuster91 → Wingman4l7]

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.

[Mizza]

No code, no downloads.

Nothing to see here, just silly bandwagonning.