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Tuesday, October 4, 2022
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Sharia Goldbugs: How ISIS Created a Currency for World Domination

As Islamic State (ISIS) sought to dominate large parts of Syria and Iraq, it used a subtle weapon to go with the car bombs and suicide attacks: money.

The self-declared caliphate aimed to unify the world under a militant interpretation of Islam. It created a highly efficient, hyper-violent society inside Iraq and Syria, coupled with an economic experiment – what I call “ISIS-coin.”

Consisting of 10 coins ranging in value from nearly a thousand dollars to pennies, ISIS sought to replace U.S., Iraqi and Syrian banknotes with purpose-built coins backed by the gold, silver and copper standard.

Read more at Yahoo Finance

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