#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: 

1. What is the basic monetary structure for Bitcoin?
2. Why does a ledger based money reflect a concern for equity and justice?
3. What are the key attributes of ledger based money?
4. Can a ledger based monetary system change and improve?
5. Can Christians trust Bitcoin?  

Connect with us on Twitter   

Show - @BTC4believers  

Will - @pleberean  

David - @thebtcboomer  

Simon - @pray_hodl   

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