Does God want us to sell all our dollars and use Bitcoin?
In episode 12 of Love & Hard Money, I grapple with the morality of money built on lies and usury.
Bitcoin is truth and because of that I be...
I love this episode, but you are missing something about the tower of babel that would actually strengthen your point:
It is likely they were building a ziggurat style tower. This was the type of temple building that was typical in that region at that time. I can give more justification why it was a ziggurat if you want, but let me make my point first. Why is building a temple a bad thing? Because the reasoning behind these temples was that the gods had physical needs and that humans could help them meet their needs in exchange for favors. There are even some creation myths from that time which tell a story of humans being created as a sort of slave race so that the gods don't have to work anymore. So the thinking was "we built this awesome house for our god and then we give him a lot of food. This makes him dependent on us and he will give us good weather or success in war or whatever". But the god of the bible obviously doesn't want this kind of relationship with humans. He wants a relationship based on voluntary and sincere love, he gives freely without anything that we can give him in return except our heart.
Fiat money being a debt based money has a few parallels to that story.
1. It bases our relationship with each other on financial slavery rather than genuine trust. The fiat system literally requires the amount of debt to grow forever. Less debt = shrinking money supply = deflation = default on remaining debt = economic collapse. Bitcoin on the other hand puts capital accumulation (aka saving) before spending, which gives you the freedom to coose how to spend your life in a way that generates real value for others.
2. Just like the tower builders thinking they can influence the weather, Fiat Money gives the illusion of control where there is none. "If the central bankers just set the interest rate at the right level we can generate more economic growth or higher employment." Bitcoiners recognise, that all meaningful economic activity comes from humans providing value for others and they only need a stable foundation from which they can make their decisions.
3. Fiat money concentrates power. In ancient societies the priest were one of the highest classes, because they where believed to influence what the gods would do. And they often enriched themselves on the riches that people offered to the gods. In our times the closer you are to the money printer, the more you are allowed to enrich yourself at the cost of others.
If god let the tower of babel fall for these reasons, then he might let fiat fall for similar reasons. And just like Israel was chosen as a people of god to be light for the scattered nations. Bitcoin can be a light for those living under the many scattered fiat currencies. You can join the people of god trough giving your heart to Jesus Christ and you can join the Network of Bitcoin by redirecting your energy towards bitcoin.
It is likely they were building a ziggurat style tower. This was the type of temple building that was typical in that region at that time. I can give more justification why it was a ziggurat if you want, but let me make my point first. Why is building a temple a bad thing? Because the reasoning behind these temples was that the gods had physical needs and that humans could help them meet their needs in exchange for favors. There are even some creation myths from that time which tell a story of humans being created as a sort of slave race so that the gods don't have to work anymore. So the thinking was "we built this awesome house for our god and then we give him a lot of food. This makes him dependent on us and he will give us good weather or success in war or whatever". But the god of the bible obviously doesn't want this kind of relationship with humans. He wants a relationship based on voluntary and sincere love, he gives freely without anything that we can give him in return except our heart.
Fiat money being a debt based money has a few parallels to that story.
1. It bases our relationship with each other on financial slavery rather than genuine trust. The fiat system literally requires the amount of debt to grow forever. Less debt = shrinking money supply = deflation = default on remaining debt = economic collapse. Bitcoin on the other hand puts capital accumulation (aka saving) before spending, which gives you the freedom to coose how to spend your life in a way that generates real value for others.
2. Just like the tower builders thinking they can influence the weather, Fiat Money gives the illusion of control where there is none. "If the central bankers just set the interest rate at the right level we can generate more economic growth or higher employment." Bitcoiners recognise, that all meaningful economic activity comes from humans providing value for others and they only need a stable foundation from which they can make their decisions.
3. Fiat money concentrates power. In ancient societies the priest were one of the highest classes, because they where believed to influence what the gods would do. And they often enriched themselves on the riches that people offered to the gods. In our times the closer you are to the money printer, the more you are allowed to enrich yourself at the cost of others.
If god let the tower of babel fall for these reasons, then he might let fiat fall for similar reasons. And just like Israel was chosen as a people of god to be light for the scattered nations. Bitcoin can be a light for those living under the many scattered fiat currencies. You can join the people of god trough giving your heart to Jesus Christ and you can join the Network of Bitcoin by redirecting your energy towards bitcoin.
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