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Bitcoin and the Bible

Bitcoin and the Bible

By Bitcoin and the Bible
A show for Christians who love God’s Word, care about sound money, and want to learn about the moral case for Bitcoin. Join us as we hold fast to God’s Word and "hodl" in our debt-based fiat world.
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Roundtable Recap #2: Christian Critiques of Bitcoin, Hiatus
In the second roundtable recap of the new year, David, Will, and Simon review a recent "Christian Critique" of Bitcoin and discuss principles for processing arguments against Bitcoin.  Article for discussion  The Christian Case against Bitcoin and Blockchain  Ask the Economist: Should a Christian Invest in Bitcoin?  For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com To e-mail the show: bitcoinandthebible@gmail.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  Connect with us on Gab Show - @pray_hodl Connect with us on GETTR Show - @pray_hodl
26:51
March 23, 2022
#25: Privacy, Freedom, & Responsibility
In episode 25, Will, Simon, and David will be drawing together some common threads about privacy, freedom, and responsibility. These topics are increasingly important in our current economic and political climate. Bitcoin provides a unique foundation for God's children and His church to protect and guard their personal sovereignty. Questions for discussion As Christians, should we value privacy and freedom? Is bitcoin designed for privacy? How can I learn about and pursue privacy in bitcoin transactions? I purchased my bitcoin with lots of KYC data and very little privacy. What do I do now? Summary God has created us with the right to protect life and property through the exercise of freedom and privacy. These rights are to be exercised in the framework for God's moral and ethical rule over the universe and not be used as a license for sin. Bitcoin as technology provides the framework for privacy but prioritizes sovereignty and authenticity through its open ledger. To hold Bitcoin privately requires studying and exercising additional techniques to purchase, transfer, and sell Bitcoin without attachment to personal information. Technologies are in development that will make this more accessible and more standard in the future. While you wait, educate yourself and rest in God's sovereignty that you can hold bitcoin today even if it is not as private as you would like. Resources Referenced Bitcoin Privacy by Matt O'Dell (Swan Bitcoin) For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com To e-mail the show: bitcoinandthebible@gmail.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  Connect with us on Gab Show - @pray_hodl Connect with us on GETTR Show - @pray_hodl
50:04
March 16, 2022
#24: Stablecoins & Collateralized Lending
In episode 24, David, Will, and Simon address the concern about stablecoins distorting the bitcoin market value. Topics discussed include the basics of what stablecoins are, why they exist in our current financial system, and how they relate to the present and future of bitcoin. Further, the subject of collateralized lending is brought forward to examine how Christians can view and use this method of preserving savings while accessing cash flow.  Our prayer for you is that as you study bitcoin, you will grow in your conviction and confidence that it is “sound money” useful for savings and sovereignty in uncertain times for individuals and churches. Questions for discussion What are stablecoins, and why are they used? Should we be concerned about the relationship between bitcoin and stablecoins? Does the relationship between stablecoins and altcoins increase the risks of centralization? What is collateralized lending in general, and how is it being used in the world of bitcoin, stablecoins, and altcoins? How should we understand collateralized lending in light of what the Bible teaches about lending, interest, and debt in general? Summary Recognize that the existence of stablecoins is not likely a threat to the long term success of bitcoin Stablecoins serve a purpose in the current monetary system but may be subject to future regulation and should be handled with prudence. Borrowing against your bitcoin is a legitimate strategy that can be pursued but must be handled carefully due to the risk of losing your collateral. Resources Referenced: Proof-of-Stake and Stablecoins: A Blockchain Centralization Dilemma by Lyn Alden For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com To e-mail the show: bitcoinandthebible@gmail.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  Connect with us on Gab Show - @pray_hodl Connect with us on GETTR Show - @pray_hodl
01:12:46
March 09, 2022
Roundtable Recap #1: Canada crackdown, Bitfinex hackers
In the first roundtable recap of the new year, David, Will, and Simon review key events in the news and discuss how Christians can work to sort through all of the rumors and misinformation that are prevalent in our world and hold fast to some key truths about Bitcoin. Topics for discussion Canadian Bitcoin crackdown Can governments actually seize Bitcoin assets? What about on and off-ramps? What implications does this have for Bitcoiners? Bitfinex hack Did the government hack Bitcoin? What implications does this have for privacy and security? For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com To e-mail the show: bitcoinandthebible@gmail.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  Connect with us on Gab Show - @pray_hodl Connect with us on GETTR Show - @pray_hodl
28:40
March 02, 2022
#23: Energy Stewardship and the Lightning Network
In episode 23, David, Will, and Simon ask and answer some of the hard questions about energy stewardship with the goal of properly informing your understanding of Bitcoin’s energy usage today and in the future. We believe that once you truly understand the moral case for both fossil fuels and Bitcoin, you will be able to confidently believe and defend the truth that Bitcoin energy usage may be one of the best and wisest usages of fossil fuels that man has ever created.  Questions for discussion  How should Christians view energy usage in general and specifically fossil fuels?  Is Bitcoin’s energy usage a moral evil or moral good?  Can Bitcoin scale to meet global transaction volumes  What is the Lightning network and how do you use it?  Summary  Fossil fuels are God’s good gift to mankind and using them to generate electrical energy to mine Bitcoin and protect human life is a moral good.  Bitcoin energy usage is inherently positive as it protects the value of human time and work.  The growth of the Bitcoin network can produce good for the planet in several other ways by using stranded or wasted energy resources, encouraging infrastructure development in underdeveloped regions, and stabilizing the energy grid to support peak demand and baseload energy at an efficient cost.  The ESG narrative is unbiblical and must be opposed on a practical and philosophical level.  The future of Bitcoin is not tied to the base layer only but will be built by the second layer solutions that will allow for a higher volume of transactions without increased cost or energy usage. Lightning is the best example today, but there may be more.  For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com To e-mail the show: bitcoinandthebible@gmail.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  Connect with us on Gab Show - @pray_hodl Connect with us on GETTR Show - @pray_hodl
58:21
February 23, 2022
#22: Decentralization & Centralization
In episode 22, David, Will, and Simon discuss whether our culture has reached a point of peak centralization and what implications this has as we prepare for the possibility that decentralization will increase. Bitcoin is one of several technologies accelerating the transition to decentralization.  Questions for discussion What are the benefits and risks of decentralization?  Is centralization an evil, or are there elements of centralization that Christians should value? From a Biblical perspective, is decentralization a moral concept?  Is trusting in the authority of God, Jesus Christ, the Bible, and a local group of elders a form of centralization? Summary Our current society is moving rapidly toward financial crisis, technological disruption, and centralization, which may converge shortly and trigger a reactionary reset. Centralization is not purely evil but prone to corruption by the sinfulness of human pride, deceit, theft, and violence. Decentralization, and specifically Bitcoin, provides an alternative for societal reset. For Christians who embrace decentralization, we must take care to approach it Biblically and not abandon our core, central commitment to the truth that God is our authority. Living under God’s authority allows us to embrace the Bible as our source of truth and salvation by grace through faith in Jesus Christ as the only way to be saved. God’s design for Christians is to live in submission to their local church elders and right relationship with one another. Resources Referenced BTC062: MONETARY CYCLES AND HISTORY W/ MARK MOSS For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com To e-mail the show: bitcoinandthebible@gmail.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  Connect with us on Gab Show - @pray_hodl Connect with us on GETTR Show - @pray_hodl
01:00:01
February 16, 2022
#21: Walking in Wisdom: Steps for Newcoiners
When a person becomes a Christian, no matter how old they are, there are a series of basic steps that must be taken to learn how to walk in maturity with Christ. Similarly, we recommend a series of basic steps for a person new to Bitcoin. Our goal is to gird you up and strengthen you to hold and use that which you have earned and rejoice in what God has provided. With wisdom comes great joy. Proverbs 10:14 (NAS): Wise men store up knowledge, but with the mouth of the foolish, ruin is at hand. LESSON: choose your teacher (or source of information) well.  Character matters (Lk. 6:40) Proverbs 10:17 (NAS): He is on the path of life who heeds instruction, but he who ignores reproof goes astray. Summary Growing in wisdom occurs as your knowledge and experience increase your knowledge. Don’t neglect the opportunity to educate yourself and those around you. Build on your solid foundation of savings. Plan for the worst and then live in the present without fear. Cultivate your digital and physical privacy and security Security and privacy matter. Be prudent about what you share. Don’t make yourself a target for thieves or persecution. For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com
48:36
February 09, 2022
#20: Time Preference
Our topic of discussion today for the third episode of Season 3 is the concept of Time Preference.  This terminology and distinction have become popular among Bitcoiners and those who embrace sound money. However, many individuals who are new to Bitcoin discover that before studying Bitcoin and sound money, their time preference was actually a high time preference shaped by the unbiblical worldview of the current monetary system. By studying, buying, and “hodling” Bitcoin, they find that their time preference shifts from high to low, which begins to change other aspects of their lives. For example, rather than indulging the immediate desires for instant gratification, they find themselves saying “no” to their fleshly desires and pursuing behaviors that demonstrate discipline, self-control, and delayed gratification. Today, our focus is on whether the concept of “low time preference” is Biblical and, if so, how we as Christians should cultivate it. Summary Time preference is an excellent way to crystallize our orientation towards rewards and incentives. Having a “low time preference” is a Biblical behavior both spiritually and physically. Our fiat-based inflation and debt-based monetary system push individuals and societies toward the destructiveness of “high time preference” behaviors. We must work hard to cultivate self-control, discipline, and the ability to defer instant gratification to counteract the effects of the world and the devil and pursue Christ. Living with a low time preference and specifically by saving in Bitcoin allows believers to pursue activities and attitudes in the present that build for a hopeful future for themselves, their families, and the church while we await the return of Christ. For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com
47:14
February 02, 2022
#19: Responsibility & Self Custody
The second episode of Season 3 focuses on responsibility and self-custody, a timely and important topic for the following groups: Those considering buying bitcoin but intimidated by the process Those who have bought bitcoin but are storing it on an exchange Those who have bought bitcoin and moved it into a single signature wallet, but considering greater levels of security Those who own and self-custody bitcoin and are working to help others along this process With great freedom comes great responsibility. The benefit of holding an asset that is a bearer instrument is that you do not have to depend on anyone else to access it or use it. The downside is that you bear the responsibility of protecting it. As always, the key is education, and we hope to provide some perspective today through a fun and engaging discussion. Resources Referenced: Bitcoin Startup Guide We receive no compensation or support from these organizations but commend their services to you BTC Sessions YouTube Channel Bull Bitcoin Service Summary As Christians, we are to pursue wisdom that can help us act prudently with regard to securing our personal property. With freedom comes the responsibility to become more educated and act on our knowledge to secure our assets. Bitcoin self-custody can seem intimidating at first but can be learned by anyone. If you do not hold the keys to your Bitcoin, you risk losing it. By self-custodying your Bitcoin, you can accelerate adoption and protect yourself from foolishness in the derivatives/ETF market. Take small steps to act, and don’t procrastinate.  For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com
59:17
January 26, 2022
#18: Walking in Faith
The first episode of Season 3 moves into the application of the truths that David, Will, and Simon have been developing in Seasons 1 and 2. Christians can rest confidently on the truth of God’s Word and seek to draw out practical behaviors and attitudes for living in the ever-changing dynamic of today’s world with Bitcoin as their savings.  Our prayer is that throughout Season 3 you will gain and retain conviction in the choice of saving in Bitcoin. Be patient and stand firm on the choice that you have made. What happened to the Bitcoin price at the end of 2021? Can we continue to trust in its ability to hold value? Resources Referenced: Dylan Leclair tweet on Gold volatility against the Weimar German paper mark during its hyperinflation Glassnode tweet regarding the recent January All-Time High (ATH) in Bitcoin mining hash rate Coindesk tweet showing how Bitcoin miners are increasingly HODLing and accumulating Bitcoin rather than selling Dan Held LinkedIn post comparing adoption curve to Internet adoption curve in the 1990s Gab post showing the recent January All-Time High (ATH) in unique addresses with 0.1+ Bitcoin Summary Abide faithfully in Christ and rest in God’s provision Continue building your spiritual and financial house on the solid foundation of Biblical truth and sound money. Build it strong so that it can withstand the storms of tomorrow. Don’t get frustrated by the volatility of the Bitcoin/currency price. Rejoice in how it indicates how Bitcoin is moving through its adoption phase as the current system self-destructs. Stack sats and stay humble. Take time to invest work in your education and share it with others. For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com
01:03:39
January 19, 2022
#17: How to Build Conviction
The final episode of Season 2 - the Back to the Bible Season - allows David, Will, and Simon to focus on how believers can apply the truths about money gleaned from God's Word to Bitcoin. Saving in Bitcoin requires wisdom, prudence, and conviction. This episode asks and answers several key questions regarding this process. What are the key lessons learned regarding God’s will for money and economics? In Episodes 1-2 of the podcast, we called our listeners to the challenge of evaluating to what extent they are participating in and profiting from the injustice of our current monetary system. What are some specific ways we would encourage our audience to act in light of this reality? Doesn’t the reality that gold and silver are used as money in the Bible mean that they are God’s money and are better than Bitcoin? Bitcoin has a history of extreme volatility which may continue in the near future. How would you advise that Christians account for Bitcoin’s volatility as they assess it as a savings technology? What are some practical steps you can recommend to help Christians gain and retain conviction in holding Bitcoin? Summary We are committed Christians who believe that God provides richly for His children both spiritually and physically We believe that “monetary theology” can be derived from Scripture allowing Christians the freedom, not the moral obligation, to save in Bitcoin. We are rejoicing in God’s Providence to provide us a sound money that is free, moral, and safe for believers to use. We want Christians to experience the benefits of saving in Bitcoin by freeing them up for the most valuable aspects of work and rest in God’s world as we await His coming kingdom. For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com
57:51
December 15, 2021
#16: Money in the Kingdom
What is God’s ultimate purpose for His Created universe and how does our work and money today and in the future fit into this grand epic?  God created man and woman to rule over the earth and despite their sinful rebellion, He has purposed to redeem mankind and restore them to rule under His authority over a restored earth. A Biblical worldview must look forwards and backward with comprehensive confidence in God’s plan and it is with this confidence that we look forward to the steps that take us from where we are today to the “ages to come” (Eph 2:7) of God’s Eternal Kingdom where we as believers will “reign forever and ever” with God. (Rev 22:5)  Our theology can best be described as Reformed in our soteriology and Dispensational Premillennial in our eschatology.  We hold our eschatology with deep conviction but readily acknowledge that it is not a gospel essential.  Based upon our doctrinal convictions it is our goal tonight is to explore what the Bible tells about economic activity and money in the end times. We will restrain our enthusiasm for depth and breadth and constrain our discussion to the pertinent aspects that affect our understanding of money so that we can help you evaluate the wisdom of Bitcoin in this age.  Books and Media Referenced The Greatness of the Kingdom by Alva J. Mclain Heaven by Randy Alcorn He Will Reign Forever by Michael Vlach Summary The Kingdom of God will commence with Christ’s return to rule on earth in the Millennial Kingdom and culminate in the Eternal Kingdom where God the Father and Son will rule over a recreated earth free from sin and death Christians can anticipate a future in the Kingdom that is physical and where the joys of peace and prosperity can be enjoyed for eternity In the Kingdom, there will be productive work for God’s people that will require economic trade and therefore money.  Just as believers have done since the beginning of the church age, we joyfully anticipate the return of Christ and live in the world, yet not of it.  Living in the world requires a comprehensive Biblical worldview and the ability to rejoice in God’s provision despite the reality that true peace and prosperity will not come until the King comes. For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com
01:01:28
December 08, 2021
#15: New Testament Money Matters
Episode 15 (New Testament Money Matters) provides a careful examination of several well-known passages in the New Testament to ensure we are properly understanding them contextually and drawing the correct applications with respect to money. How should a Christian who owns Bitcoin ensure that he is obedient to the warning of Jesus and the NT authors about loving and serving money in Luke 8:14, Luke 16:13-15, I Timothy 3:2-3, 1 Timothy 6:10, and Hebrews 13:5? Is Jesus a friend of the poor who is opposed to the rich? Does Jesus prohibit lending at interest in Luke 6:34-35? What does Jesus’ expulsion of the money changers from the temple teach us about God’s attitude toward money? Is the Parable of the Talents in Matthew 25 intended to communicate truths about savings/investment or not? Does Jesus' admonition to His disciples in Luke 12:33-34 mean we should not store wealth? Summary Our attitude toward money reveals a great deal about our heart. As believers, we are to have a singular devotion to Christ that is not compromised by a love for money, even Bitcoin. Our valuation of this life compared to the age to come is reflected in our money. We must not raise our time preference and devalue what God has in store for those who love him through an unholy pursuit of money, possessions, and security in this age. The present world order elevates the self satisfied rich and powerful and oppresses or excludes the weak and lowly. Bitcoin does not fix this, Messiah’s kingdom does. But, we can glorify Messiah by using Bitcoin to defend the weak and lowly. Help them save in Bitcoin. While some of Jesus’ well-known teachings that reference money are not intended to provide economic lessons, we can see how Jesus used money and commerce as a rich teaching tool reflecting that a man’s money morals often reflect his spiritual state. May God grant us the ability to renew our minds in His Word in the area of money and in Bitcoin! For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com
46:17
December 01, 2021
#14: Save to Give
Save to Give (Episode 14) addresses the dangers of pursuing and studying money (even Bitcoin) -  the temptation to take your focus off of God and His goodness and provision and worship the pursuit of money and the illusion of protection that it provides. Fortunately, God’s Word provides the antidote to this attitude through a consistent application of generosity. God Himself is a generous God and He gives abundantly to His children thereby enabling us to be less attached to our money and property and desirous of emulating Him by being generous with others. As we continue to mine Scripture for its rich truth regarding God’s thoughts on wealth and  money, we find the principle of generosity.  God is generous with us spiritually by offering us the greatest gift we can imagine - the righteousness of Jesus Christ. His generosity extends to our physical well-being as well, and even encompasses those people who want nothing to do with Him (Matt. 5:45). I Timothy 6:17-19 (NASB) 17 Instruct those who are rich in this present world not to be conceited or to fix their hope on the uncertainty of riches, but on God, who richly supplies us with all things to enjoy. 18 Instruct them to do good, to be rich in good works, to be generous and ready to share, 19 storing up for themselves the treasure of a good foundation for the future, so that they may take hold of that which is life indeed. Summary God is abundantly generous in providing for the spiritual and physical needs of His people. As children of God, we are to avoid the fleshly sins of greed, hoarding, and withholding from God We can imitate and glorify God by learning contentment, generosity, and sacrificial giving. Bitcoin provides Christians with the opportunity to wisely save in a money that will provide richly for years of generous support for families, churches, and care for the needy. For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com
57:20
November 24, 2021
#13: Does the Government Own Money?
Episode 13 raises and examines two important questions for Christian believers who own or are considering owning Bitcoin  What if my country’s government bans or increases its regulation over Bitcoin?  What if my country’s government changes its tax code on Bitcoin?  God’s Word is sufficient to properly inform the Biblical worldview in all areas that pertain to life and godliness and thus we are confident that if we go to God’s Word with the right attitude and method, we can find answers for even the hard questions.  God has instituted human government as a necessary part of His world and God is glorified when Christians submit to authority - even unjust authority. Submission in the realm of money requires careful analysis of the sphere of government ownership, taxation, Christian liberty, and prudent action  Summary  The Bible does not shy away from the tension between individual liberty and governmental authority.  Government is the instrument of God to defend the righteous from evildoers by protecting their property rights.  Money is not owned or defined by government. Believers are commanded by God to submit to their government as a means of glorifying God and this submission includes paying taxes. Believers who own Bitcoin can embrace that Bitcoin is “stateless” money that does not bow to any centralized control and that could be embraced by governments outside of their own in the event of excessive taxation or regulation.  For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com
01:02:58
November 17, 2021
#12: Just Money - Equity vs Equality
In Episode 12, we see how God’s just law provides the practical framework for our physical lives and specifically our economic choices which affords us hope as we seek to live rightly in our fallen world while awaiting the return of the righteous King - Jesus. In Episode 11, David, Will and Simon connected the truths that the world that God created is invested with His infinite wisdom which allows human beings to rule over creation, work, trade with one another, own private property, and freely engage in economic development. God designed a world where individuals are free to act independently and without coercion as they exchange labor, time, and money for goods, land, and services that enhance their sphere of life and glorify the Creator.   Individual freedom is bound by God's perfect standard of righteousness and justice which stems from His character. No man is righteous, not even one, and that our violation of God’s law has created an infinite separation between us and God that can only be restored through the perfect righteousness of Jesus Christ. Summary  God is just and He rules with equity.  Therefore, men must pursue equity and justice in their economic activity  God hates partiality and forbids it in all areas of life, but specifically in money.  To avoid partiality, we must be careful not to confuse equity with equality.  A centrally managed fiat monetary system often is plagued with partiality in the name of equality and is contrary to the mind of God.  Bitcoin has been designed with equity as one of its core tenets and is therefore a money that can be used by believers (and unbelievers) to uphold justice and equity  A free and voluntary economic system will result in unequal outcomes based on the quality and quantity of the work. This is Biblical and can be embraced by Christians. For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Come check out our Sphinx tribe! Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com
48:56
November 10, 2021
#11: Seeds of Growth
God has designed our world to rely upon trade as a mechanism for communicating information and transferring value in small localized settings, nationally, and internationally. As we look closely at God's word,  we can see the aspects of free enterprise economics in various threads throughout human history. This episode will focus on how God views the systems of trade relationships that develop between individual workers and the communities and nations to which they belong. This will then inform our analysis of how Bitcoin matches God’s will for equity in trade. 1 Thessalonians 4:11 “and to make it your ambition to lead a quiet life and attend to your own business and work with your hands, just as we commanded you.” - Christians can and should pursue a business endeavor that provides for physical needs and uses their gifts - by necessity, this will require trading with others who are doing the same. Summary God loves skilled labor and therefore distribution of labor in a trade based economy has characterized the world since creation. Skilled labor allows for legitimate trade between individuals, businesses, and nations to accomplish large scale economic growth Trade requires equitable exchange and protection of property rights Bitcoin provides the superior way to both facilitate fair, economic price discovery and trade as well the ultimate property right For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Come check out our Sphinx tribe!  Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com
49:40
November 03, 2021
#10: Secondary Sovereignty
Is private property a Biblical concept? How does our sovereignty relate to God's Sovereignty? What is Secondary Sovereignty? The focus of Episode 3 will be on the interrelated concepts of private property, ownership, and sovereignty. Simon, David, and Will mine God's Word to discern God’s will with regard to whether individuals have private ownership rights over property and from where these rights arise. Bitcoin is often described as “the apex property right” or the “first sovereign digital property” that individuals can own. Thus, we must seek wisdom from God as to whether this concept flows from the mind of God and is derivable from His Word - the Bible. Summary  Private property is a Biblical concept Private property rights arise out of God’s ultimate sovereignty over all the earth and His delegation of secondary sovereignty to individuals Secondary Sovereignty begins with rights over one’s body, mind, ideas and extends to ownership of land, money, and other possessions Property rights are not given by governments, but government exists to protect individual rights Bitcoin is a form of digital property right which does not rely upon government to grant or administrate as it is not owned or managed by a central authority. Rather it represents the composite of individuals expressing their sovereign control over their money For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com  Connect with us on Twitter  Show - @BTC4believers  Will - @pleberean  David - @thebtcboomer  Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com
49:37
October 27, 2021
#09: Implications of the Fall
In the second episode of Season 2 Back to the Bible, Simon, David, and Will resume their survey through God’s Word to refine the Biblical worldview with regard to money and then repeatedly answer two questions: Does Bitcoin measure up to God’s standard for sound money? For a Christian who obeys God’s will for sound money, is Bitcoin the best option? This episode builds on the discussion from Episode 8 regarding how Genesis provides us the foundation for how God views work and money. The focus in this episode is on the implications of the Fall which stands as THE defining event in human history. Adam and Eve’s sin has disrupted God’s design for humanity’s work and money. To understand money and specifically Bitcoin, we must understand what changed in man and the world when sin and death entered the Garden of Eden.  Summary Sin has distorted God’s good design of human work We are forced to account for humanity’s propensity to lie, steal, cheat, rather than simply focusing on productive cooperative work together. This can be difficult and expensive. Bitcoin provides the best monetary system to incentivize rational action and cooperative work that rewards legitimate work and punishes bad actors. Without the fiat based systems support of bad business, our economic system would have more capacity to police itself and allow legitimate economic initiatives to thrive. For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl To e-mail the show: bitcoinandthebible@gmail.com
36:32
October 13, 2021
#08: Creation: The Original Proof of Work
In the first episode of Season 2 Back to the Bible, Simon, David, and Will take up a careful journey through God’s Word to refine our Biblical worldview with regard to money and then repeatedly answer two questions  Does Bitcoin measure up to God’s standard for sound money? For a Christian who obeys God’s will for sound money, is Bitcoin the best option? This episode begins with a focus on the portion of Scripture from Genesis 1-2 which is known as the pre-Fall period, the time before sin and death entered the world. God’s work to create the world in six days and to establish Adam and Eve as caretakers of his creation affects our understanding of how God views work and money. Summary Money is tied to human work which is tied to God’s work Human work is a good endeavor because it reflects God’s work Human work is an active endeavor that requires money to store and transmit energy By storing and transmitting work in money, humans are fulfilling their dominion mandate from God to subdue the earth. For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl To e-mail the show: bitcoinandthebible@gmail.com
46:39
October 06, 2021
#07: Epilogue - Altcoins, NFTs, Diversification
Season 1 of the Bitcoin and the Bible Podcast has focused on establishing the foundation for the moral imperative of sound money. This episode provides a summary of the first six episodes and a engaging discussion of questions submitted by listeners.  Questions discussed: What about other “cryptos?” Are they something that Christians can or should own or invest in along with Bitcoin? What about NFT (Non-fungible tokens)? What are they and is there a future for them with Bitcoin? Isn’t investing in the stock market (particularly the S&P 500) an easier way to protect and grow your money than Bitcoin for those who do not have time to learn Bitcoin? Isn’t it wise to diversify your assets so as to not put all of your eggs into one “imaginary basket?” Does Bitcoin meet the standards of being an “equal weight and measure” per Proverbs 20:10? Can you address the “Tower of Babel” concern that Bitcoin could become a one-world/one government money that is more dangerous than beneficial for Christians?  Resources referenced: Stephan Livera Podcast Ethereum's Path to Centralization with Alex B  For a list of helpful books, articles, and other podcasts, check out our website: bitcoinandthebible.com Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl To e-mail the show: bitcoinandthebible@gmail.com
49:23
September 29, 2021
#06: Can I trust Bitcoin?
One of the most important issues for Christians considering Bitcoin is Trust.  The episode begins by looking to the Bible for what God says about Truth, Trust, and Verification. This is followed by an open and honest discussion about various areas of concern for those considering Bitcoin including security, scams, and scare tactics.  The episode concludes with suggestions of practical wisdom that you can implement to strengthen your confidence in Bitcoin and your own personal security. Concerns Addressed: 1. Is a money that is “stored on the Internet” durable in the face of internet outages, electrical blackouts, and computer viruses?” 2. Is Bitcoin a Ponzi scheme? 3. Is Bitcoin something that can be hacked? 4. Is Bitcoin susceptible to regulatory pressure by government? 5. If I am not tech savvy, is it likely I will lose or corrupt my Bitcoin? 6. If Bitcoin is just software, why can’t a group overwrite the code to inflate the supply or confiscate my portion? 7. Why should I trust Bitcoin miners? Wouldn’t they be incentivized to steal? 8. When the Bitcoin incentive structure ends, what will motivate miners to continue validating transactions? In other words, is it durable for the future? 9. The volatility of the price is harsh and does not give me confidence in the store of value. Will it ever become more stable? For a list of helpful books, articles, and other podcasts referenced in this episode, check out our website: bitcoinandthebible.com Connect with us on Twitter Show - @BTC4believers Will - @pleberean David - @thebtcboomer Simon - @pray_hodl To e-mail the show: bitcoinandthebible@gmail.com Visit our website: https://bitcoinandthebible.com
57:29
September 22, 2021
#05: It's all connected - Bitcoin the Network
This exciting episode delves into Bitcoin’s capacity to serve as the world’s first instant clearance monetary network. This is the third step in building the foundation of what Bitcoin is so that we can then compare it confidently to God’s character and His requirements of those who use money. Ultimately, we want to carefully answer a specific question, “Can Christians (or non-Christians) trust in Bitcoin as a moral, durable, and valuable monetary system?”  Questions we discuss:  1. What is a network?  2. What are some examples of current networks and how they became valuable or even indispensable?  3. What are some of the networks that Bitcoin will subsume or replace?  4. How do we see Bitcoin becoming a network before our eyes right now?  5. What needs to change or improve in Bitcoin as a technology before its capacity to serve as the world’s monetary network is realized?  6. What needs to change in the world before it can use Bitcoin as a monetary network? 7. What are the primary value propositions of Bitcoin as a monetary network?  8. Are there concerns we should have about using/developing Bitcoin as a monetary network?  9. What is a network effect?  Connect with us on Twitter  Show - @BTC4believers  Will - @pleberean  David - @thebtcboomer  Simon - @pray_hodl  To e-mail the show: bitcoinandthebible@gmail.com Visit our website: https://bitcoinandthebible.com
56:35
September 15, 2021
#04: You lost me @ - Bitcoin as Technology
Simon, Will, and David build on Episode 3 (Bitcoin as Money) by discussing how Bitcoin functions as a Technology. Technology growth and change can be difficult and can cause us to fear rather than embrace new technologies. Genesis 1-2 tells us that we were not created to fear the creation, but to exercise dominion over it and improve it. Tune in to hear how Christians can approach Bitcoin, understand the technology, and take steps toward embracing it as sound, free, trustworthy money.   Helpful resources referenced:   Bitcoin history infographic (Twitter)  Cypherpunks Write Code Documentary (YouTube)    Bitcoin is the Mycelium of Money (Brandon Quittem)   The Price of Tomorrow (Jeff Booth)    Questions discussed include:   1. What is the history of Bitcoin’s technology development?   2. Why was Bitcoin developed?   3. Can I break Bitcoin?   4. If I break my computer, can I lose my Bitcoin?   5. Where does my Bitcoin live and how do I recover it?   6. What is a public key and what is a private key?   7. How do I learn how to setup my wallet and secure my Bitcoin?  Connect with us on Twitter      Show - @BTC4believers     Will - @pleberean     David - @thebtcboomer     Simon - @pray_hodl      Visit our website: https://bitcoinandthebible.com To e-mail the show: bitcoinandthebible@gmail.com
57:50
September 08, 2021
#03: In the Beginning - Bitcoin as Money
Simon, Will, and David begin building the moral case for Bitcoin by looking first at Bitcoin as money.  James 2:8–9 "If, however, you are fulfilling the royal law according to the Scripture, “YOU SHALL LOVE YOUR NEIGHBOR AS YOURSELF,” you are doing well. But if you show partiality, you are committing sin and are convicted by the law as transgressors." The usage of the story of “Bitcoin Island” provides a simple way to understand the beauty and utility of the Bitcoin ledger.  Here's a wonderful video that helps visualize Bitcoin and how blocks are formed: https://www.youtube.com/watch?v=bBC-nXj3Ng4 Helpful resources referenced: Bitcoin Money A Tale of Bitville Discovering Good Money (YouTube Video) Bitcoin Money Book by Michael Caras Questions discussed include:  What is the basic monetary structure for Bitcoin? Why does a ledger based money reflect a concern for equity and justice? What are the key attributes of ledger based money? Can a ledger based monetary system change and improve? Can Christians trust Bitcoin?   Connect with us on Twitter    Show - @BTC4believers   Will - @pleberean   David - @thebtcboomer   Simon - @pray_hodl    To e-mail the show: bitcoinandthebible@gmail.com
53:15
September 01, 2021
#02: Is it too late?
Is it too late to change your worldview regarding the morality of the current financial system? Of course not! Simon, Will, and David discuss how  living in our current system brings each individual to a moment of decision. Act now!  Questions discussed include:  1. What is fiat money and why is saving in it not tenable for Christians?  2. What are the characteristics of sound money and what does money do?  3. What are the alternatives to saving in fiat money?  4. Is Bitcoin actually money and is it sound money?  Connect with us on Twitter   @BTC4believers  Will - @pleberean  David - @thebtcboomer  Simon - @pray_hodl   Visit our website: https://bitcoinandthebible.com To e-mail the show: bitcoinandthebible@gmail.com
56:22
August 26, 2021
#01: First Principles - Why Are We Here?
Simon (host) and his friends and co-hosts Will and David discuss their core commitment to God, sound money, and Bitcoin as the best money for Christian believers.  In this episode, we introduce our core principles and discuss:  Why should Christians pursue Bitcoin as a monetary system and store of value?  Are the principles of sound money found in Scripture?  How should Christians apply wisdom in living in the current fiat-based economic system?  What does it look like for a Christian to transition to Bitcoin?  Connect with us on Twitter @BTC4believers @pleberean @thebtcboomer @pray_hodl  Visit our website: https://bitcoinandthebible.com To e-mail the show: bitcoinandthebible@gmail.com
38:07
August 24, 2021