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Mufasa

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About Mufasa

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    Meet Timothy.
  • Birthday 07/24/1991

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    the universe

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  1. Mufasa

    Funny Moments at Speakers Corner!

    I don't think turning religion into a debate is a good idea. You might attract a few, but you're also likely to turn away many more.
  2. Mufasa

    Random Islamic Questions

    Sorry, I'm not trying to be passive aggressive. I just think there is perhaps some projection based on experiences elsewhere. It's true that there is a double standard in many Muslim spaces. If you see us moderate a female's post when we wouldn't have done so with a man's, you can--and should--call it out. (Though members should also be open to hearing our reasoning.) Sometimes we don't realize our own biases. That's not me being facetious, I am being totally serious. I don't think Shaver's post is a good example of it. I do not think we would have thought to edit it if Shaver were a lady. There's a difference between someone simply posting photos of themselves in a car (which, frankly, would just feel attention-grabby), and Shaver posting an unidentifiable photo of himself doing the very thing he has spoken on MM about for years--his primary passion/hobby. It's equivalent to you sharing a poem, or Haku sharing his photography.
  3. Mufasa

    Random Islamic Questions

    ...but you deleted it? Or did one of us mods tell you to delete it? Also, if you see a photo or video of a man exposing from his belly button to his knee, especially in a sexually suggestive way, you are welcome to flag it. However, if you look through many of the videos you have posted in the music thread, you will see we don't enforce awrah strictly when it comes to women. I don't really get what your complaint here is about. MM is not the strictest.
  4. Mufasa

    Random Islamic Questions

    Do we strictly enforce awrah rules for women? People post all sorts of music videos, trailers, etc.
  5. Mufasa

    I qualified for a motorcycle racing

    Wow, that's pretty cool. Be careful though!
  6. Mufasa

    MM Awards 2024

    I'm still waiting for the results from 2013
  7. Unfortunately I bought Ripple at a very inopportune time (I should have heeded the FOMO-feeling cautioning). But Alhamdulilah, I didn't put in very much, and I'm in this for the long-sight, not for a quick gain.
  8. But I'm not sure anyone who has faith in (and knowledge about) Bitcoin thought it was going to just keep surging. Most of the analyses I read predicted cryptos would drop hard, hence the HODL motto and cautioning against buying out of FOMO. I'm not sure that the fact that it's wiped over 50% of its value is any more indicative of its long-term prospects than its peak was evidence in favor of its long-term prospects. Neither seem to mean much in terms of its long-term potential; I assume it will stabilize at some point- from what I've heard, maybe between 2k or 6k. Do you think it's going lower?
  9. 'Tis the season to hear back from PhD admission committees. Please deploy a du'a or two in this direction!

    1. Show previous comments  2 more
    2. cubster

      cubster

      fingers crossed!

    3. superman

      superman

      Did you get any offers

    4. Mufasa

      Mufasa

      Not yet but have an interview scheduled...

  10. Thanks- that's helpful info. I'll have to read more about the dot-com bubble. If nothing else, cryptocurrencies have piqued my interested in financed. Obviously you know a lot more about the subject than I do. For the record, I do think a vast majority of cryptos will (and should) fail.
  11. Not really. We've already established an investment, even a speculative one, is not gambling, right? With Amazon or Google, you'd have to actually look at the company, see what they have to offer, and decide whether it seems like it will be valuable. The same is true of cryptos -- a lot of them are totally worthless, but some of them actually seem to provide useful services and possibilities.
  12. That's fair. But if you are comparing cryptos to the dotcom bubble (a comparison which I don't disagree with), would it have been haram to invest in Amazon or Google in '99?
  13. Anyway, in terms of my own feelings re: investing now, after getting lots of opinions, I'll probably wait until more scholars have more to say. It seems a very fresh topic and the scholarship is not fully up to speed. I have seen opinions supportive, and, at least from Mo's source, opinions opposed. But I feel very unconvinced. My main concern is that, if tomorrow a currency were to BOOM, it wouldn't feel like honest money to me. I'm not sure that any investment would, though. That said, I did put a very small amount into Ripple when it hit its *probable* rock bottom. I feel pretty confident that Ripple is in a league of its own. It's more out of personal interest in seeing how it all works.
  14. I think this is Mo's point though, not his. He didn't say anything about uncertainty or a bubble. Your right that his final fatwa is pending; he is unsympathetic to the first opinion. But I guess we'll see what he ultimately says--if he publishes more.
  15. To Mo, because I feel like I'm being pulled into an argument I wasn't going for at this point: -What I noted in the beginning (and which everyone knows) is that the future of cryptocurrency is uncertain. Even if cryptos take off--or if blockchain does--that means nothing of the future, for example, of Bitcoin, which is simply the first--not the most efficient. So yeah, it's based on a lot of excitement; the thing is, the value has flailed a lot in the last few months, but it will ultimately correct itself. I think that reflects that there is a lot of *real* money in there and people are going to let it sit. Right now a lot of it is driven by people fearing they will miss out--that's the nature of it being new, now mainstream, and quite easy to buy-in. But we don't know it's future. You might *think* it's a bubble. You don't know it's a bubble. -Well, I definitely do not think that a firm like Bridgewater is going to be investing their clients or advising others to invest in Bitcoin. There's no doubt it's a risky investment, which I've noted from the very beginning. (though, their clients would not have been complaining had they had the foresight to invest a few years ago, would they?) However--and this is based on subjective experience--there are 'tons' of young people working at companies like Bridgewater who are personally investing in Bitcoin. This I know from friends who work at similar firms in New York. While I don't know much about finance, since I've become intrigued, I have you on your anti-crypto crusade, but I do also have them whispering in my ear too. They're obviously not putting all their money in cryptos; but they are diversifying within the crypto world and betting on it to work out. -But none of this really addresses the issues I have. I have no delusions about whether cryptos are a *safe* investment. But where's the hadith that says it's only OK to invest if global investment corporations A-Okay it? Oh, but he himself doesn't seem to make that point at all. Just the opposite, he says: "The fact that people are using them as investments does not negate their currency feature. It just gives them similarity to investing in foreign currencies." I figured this implies Bitcoin is like a currency --> you can invest in a currency --> therefore that people use it as an investment is not problematic, right? Or did I misunderstand it? And this is the point. I don't think there's much a consensus on Bitcoin/cryptos.
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