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Isis to introduce its own currency, the Islamic dinar

This is why such systems are unstable and open to manipulation.

This is a simplistic summary, but you get the idea.


This is not that simple. If they sell oil, they will get gold from buyer which result in less amount of gold in that country and in return the value of their currency falls. and eventually their economy.
 
Fail. If Isis is serious about their little republic they ought to be using bitcoins.

Apparently the interwebs are haraam and we're all screwed
 
I still maintain that ISIS will become a politically recognized state in a few years. The reality is that the west and their allies can bomb them all they want but they enjoy enormous support from the local populace with their strict governance. The world cannot destroy an ideology which is widely supported. Nazism, Communism etc proved that historically
 
i see a bigger game here for presence of isis in pakistan. its their currency burried in reqo diq. 1340 tonnes....
 
fiat ISIS money would have no value it would be a worthless IOU
gold and silver coin that works it has value.

i believe ISIS has tons of gold it stole from Iraq banks too.
 

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