Bitcoin aligns with sharia law: Max Keiser, while in Abu Dhabi, stated that Bitcoin complies with Sharia law as it avoids ‘riba’, making it permissible for the Muslim world. This compliance is expected to generate significant interest in Bitcoin investments across Islamic countries.
PetroBitcoin’s potential impact: Keiser also hinted at the upcoming launch of PetroBitcoin, a platform for Bitcoin oil trade settlements. This could revolutionize transactions in the $3 trillion oil market, propelling Bitcoin as a viable currency alternative in the energy sector.