The Egyptian imam shows if Bitcoin Prim

Shekh Shaukki Allam said that digital cryptovaluta contains risks for “magification”.

Bitconi began record growth last year, with less than $1,000 in January, with nearly 20,000 at the end of the year. Then he lost 25 percent of his value for a week by adding the voices warning a dangerous “mulscan”.

“Bitcoin is prohibited by Muslim law because it causes damage to individuals, groups and institutions”, he said, broadcasts Albinfo.ch.

In August last year, Egypt had first opened up the possibility of Bitcoin trading. Last month, this currency was declared illegal by the state.