CRYPTOCURRENCY, BITCOIN, GOD, and TITHING

I asked a friend what is cryptocurrency? He holds a crypto account (Ethereum I believe), so he must know something, right? During the conversation the friend said to me:

“Cryptocurrency (like Bitcoin) has technology ingrained into it that defines its value.”

Wow.

He finished cooking his omelet and I was left sitting at the kitchen table pondering what I just heard.  Then I jumped and said:
“Say it again.”
He repeated his sentence and I said to him:

“Do you realize that you just defined God?”

“Huh?”

Get this, Bitcoin has built into it mechanisms that limits the total number of coins (to 21 million). The crypto-code cut the number of coin mined (produced) into circulation by half every 4 years.  The production requires continuous investment of energy to mine new coins and maintain this platform operating.

Those conditions are ingrained into Bitcoin code to ensure that Bitcoin will keep on going up in value as well as the increasing costs of production and maintenance. It’s estimated that mining of Bitcoin will continue through the year 2140.  And it’s estimated that the price of Bitcoin in 2030 may rise to around $500,000 per coin. 

Going back to our kitchen table chat I said:
“You got here a system that will keep on going for the foreseeable future, that manages to feed on itself, that preserves itself, and that lives off massive energy that originates in the sun. Sounds to me like a divine platform.”

Better yet it’s a gift that keeps on giving to eternity just like God and the sun.

We don’t know what other conditions Satoshi built into his original code of Bitcoin.  Satoshi wrote the code and is the prophet that heralded the age of Cryptocurrency.  Like any Biblical prophet he is unknown.

Maybe in the year 2140 the Bitcoin will reincarnate itself?

In the meantime we are utilizing a platform that is maintained either by mining new bitcoins, which require perpetual energy investment to operate powerful computers, or paying transactional fees to the cryptocurrency exchanges that earn a service fee for profit.   

The cryptocurrency is a closed eco-economic-system that operates under its exclusive coded by-laws. 

You have to continuously invest energy onto this system. If you keep adding energy you keep ripping financial rewards that you may exchange for a fee into fiat dollars.  

So now where do the theological concepts of God come in?

God is a manmade awareness that confer various powers to the believers. God is said to reward its professed believers, servants and preachers. 

The Judeo-Christian version of God and worship is outlined in the Bible.

Basically if a believer tithes to the Church or its surrogates the believer is promised to be rewarded ten times.  

Who says so?  The Bible says so.

The Book of Malachi, 3:10 reads:

“Bring me ya all the tithes into the store house, that there may be meat in mine house, and prove me now herewith, saith the Lord of hosts, if I will not open you the windows of heaven, and pour you out a blessing, that there shall not be room enough to receive it.”

You have to tithe to God’s works in order to materially benefit from the system of tithing. The churches, temples, synagogues are all part of God’s divine system.

The parallels are clear. 

Buy Bitcoin or even better mine Bitcoin and keep it in your digital wallet then you are guaranteed to get rich.

There are two conditions: someone has to keep mining bitcoins and pay the electricity bill and some party has to act as the exchange platform for trading Bitcoin into fiat currency or other cryptocurrencies.    

If you do that.  If you do that faithfully and persistently you will rip abundance.

So consider bitcoin mining as tithing and cryptocurrency exchange agencies as churches…

If you’re a savvy reader you’ll ask right here:
First, how all that electrical energy be produced?   Fossil fuels are now unacceptable and the planet will be scorched in 12 years according to the Progressive Liberal Left.  Then why do you need to go through all this trouble to get rich for a limited period of 12 years?

Second, what would the government do, and how the government would react when the crypto-code-writers take away its seigniorage privileges to print fiat paper money.  Seigniorage is another source of income to the government.

Third, recall that the government retains the power to levy taxes, or to grant tax exemption. (The U.S. government gives religious organizations tax exemptions on a selective case by case basis…).

By the same token the government has no difficulty taxing the retail cryptocurrency exchanges. These transactions may be taxed at arbitrary 50 or 90% and cut into the profitability of crypto-exchange customers.

Time will tell.  For now it seems like a crypto-conspiracy Ponzi scheme.

Mandy Lender © 2021.                                           www.mandylender.net