Bitcoin and Technological Progress

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Salaam all,

I recently wrote this post about Bitcoin, the blockchain and cryptocurrencies for Traversing Tradition. I explain what the technology is, the idea and justification behind it, and some of the issues it comes with. I also talk about how we often get taken in by hype related to technological progress, which arguably applies to other things such as AI and Internet of Things as well.

Anyway, read, share and leave your feedback!

Traversing Tradition

The rise of cryptocurrencies in 2017 brought attention to the technology powering them, called “blockchains” or “the blockchain.” This article will assess why this technology became popular and what kinds of problems it both solves and creates.

What is Blockchain?

Blockchain is best explained through analogy. Think of the website of a newspaper like The New York Times. The contents of the site are stored on servers in a centralized location. Imagine if instead of that, everyone had a full copy of the site stored on his computer with no central server. Every article, comment, and image was there. If a reporter wanted to submit a new article, he would have to get the approval of the rest of the journalists (perhaps in some automated way).

Let’s say one journalist contacts another and submits his post. The other journalist would verify this post using a mathematical technique known as

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A Brand New Path

Excellent article by Diverging Thoughts, do check it out! And very relevant to the current American/Western Muslim discourse. DT is an intelligent, articulate young man and definitely worth following.

Also a quick update on the evolution post series: I’m currently working on part 5, which will probably be the final part, but it won’t be out till after Ramadan In Sha Allah.

Diverging Thoughts

INCREASINGLY, the premier voice of Muslims in the West is being filled by an unlikely group– sportsmen. It seems I cannot open my social media feed anymore without seeing a post celebrating a Muslim athlete’s success in their chosen field. Whether it’s Khabib Nurmagomedov celebrating a win by performing the prostration of gratitude (sajdat shukr), or Ousmane Dembele using his World Cup earnings to fund a masjid in Mauritania in the name of his mother; my heart swells with pride at the sight of my brothers’ success, both in this life and the life hereafter. But while these stories are frequently held up by liberals as examples of successful multiculturalism, they more often display its failures and contradictions, and the inherent tension present in being a practicing Muslim in the West. Take the example of Mesut Ozil, the Turco-German footballer who made headlines this summer after he quit…

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