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Archive for the ‘crypto’ Category

Loaning Bitcoin

in crypto

In our previous article, it was discussed how Bitcoin is not currency. When it comes to lending, currency can be repaid at a later time on a 1:1 basis. However, money like Bitcoin, or other things like gold or apples, must be repaid according to the fiat value. So if Bitcoin increases in price, less… More

Bitcoin is a Currency or Not?

in crypto, kosher

According to Jewish law, if something has value it can be considered currency. The Talmud defines currency as any legal tender accepted by the government or generally accepted by the locale where it’s used for transactions. The Torah says Jews can’t borrow or lend money or merchandise from other Jews with interest, also called usury.… More