The Bitcoin Daily

  • The Immoral Restraint of Money
    The Bitcoin Daily

    The Immoral Restraint of Money

    1 TIMOTHY 3:10 For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. PRINCIPLEThere are different types of money and some types are better at discouraging misuse. The Immoral Restraint of Money is a concept that I developed after reading Thank God for Bitcoin.  In the book the author(s) make the point that some money is more moral then others.  Since fiat allows more opportunity for government theft, which is immoral, then it is not morally neutral.  I do see their point but I think that this could be a dangerous…

  • Man in field with Bible
    The Bitcoin Daily

    The Fingerprints of God in Economics

    ROMANS 1:20 For since the creation of the world His invisible attributes, His eternal power and divine nature, have been clearly seen, being understood through what has been made, so that they are without excuse. PRINCIPLEGod’s sustaining power exists everywhere even in economics. There are two primary schools of thoughts regarding economics: Kaynesian and the Austrian School ( In many of the books that I’ve read they reference these two schools of thoughts and the differences. However, it occurs to me that there is a difference in worldviews that are the root of each. Kaynesian economic principles believe that people (government and banks) can manipulate the economy in order to…

  • The Bitcoin Daily

    If Bitcoin is the Solution, What is the Problem

    JOHN 3:16 – 17 16 For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. 17 For God did not send his Son into the world to condemn the world, but to save the world through him. PRINCIPLEYou have to understand the problem before you can fully appreciate the solution. Today I woke up early and went to work out.  I recently joined a group called F3.  Without getting into the details, it is a free men’s workout group that meet early in the morning at park districts.  After working out I came home,…