Since the invention of money, the major religions of the world have grappled with its effect on human morality, the unequal distribution of wealth, and the indignities of poverty.
“Through money, even the incorruptible can become corrupted,” said the 19th-century Hasidic rabbi Menachem Mendel Kotzk
“Therefore, if they desire to invest their money, let them exercise diligent care lest they be snatched by cupidity, the source of all evil,” wrote Pope Benedict XIV in a 1749 encyclical.
“Wealth is the tribulation of the soul and the plunder of calamities,” warned Shia scholar Abu al-Fath al-Amidi.
Now, the three Abrahamic religions — Islam, Christianity and Judaism — are encountering a new type of money in the form of cryptocurrency.
Halal and Haram crypto is a matter of debate
Islam has no central authority like a Pope, leaving scholars to debate whether crypto is halal — that is,…
