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/christian/ - Christian Discussion and Fellowship

For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.
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The Lord is my light and my salvation; whom shall I fear? the Lord is the strength of my life; of whom shall I be afraid?

File: 5cb95128ca525d4⋯.png (228.4 KB, 400x400, 1:1, Blockchain and Bitcoin Fro….png)

6e8d5c No.677928

Is cryptocurrency a good solution to usury as practiced by central banks? Or would crypto qualify as 'unjust weights and measures'?

https://bible.knowing-jesus.com/topics/Weights-And-Measures,-Laws

And general Christian /biz/ money/finance/currency thread I guess.

713015 No.677930

File: fa2b6354879300b⋯.png (73.39 KB, 380x349, 380:349, ClipboardImage.png)

Oh you kids


6e8d5c No.677931

Gary North article against bitcoin:

https://www.garynorth.com/public/11828.cfm

But then again he thought Y2K would be a big deal, so take him with a grain of salt.


cf94a9 No.677935

>>677928

>Is cryptocurrency a good solution to usury as practiced by central banks?

In it's current form, no.

It's massively deflationary(the opposite of how an economy should work), and a massive speculative bubble.

>Or would crypto qualify as 'unjust weights and measures'?

Nah, but it's a ponzi scheme.

>And general Christian /biz/ money/finance/currency thread I guess.

Nassim Nicholas Taleb, who is a famous orthodox statistician, recommends the "barbell strategy" for investment he used as a trader, which consists in avoiding medium risk investments and putting 85–90% of money in the safest instruments available and the remaining 10–15% on extremely speculative bets.

Also, when you are young, invest in skills and stuff for medium and long-term gains, instead of saving.


979689 No.678056

>>677928

>Is cryptocurrency a good solution to usury as practiced by central banks?

No, reestablishing anti-usury laws as God proscribes is the only good solution.

>Or would crypto qualify as 'unjust weights and measures'?

What exactly is backing-up crypto? A near stable supply of a valuable good like gold? Lashes on the stake? Full faith and credit? If it's not backed-up with something you can have and hold, it's a highly volatile and high risk currency. One day you give crypto say worth $100 to buy something. The next day, crypto could become next to worthless because some butt injected something screwy in the ecosystem overnight and nobody wants the crypto anymore. Or people make one crypto worthless because they chase another meme-currency to get rich quick like those who involved themselves in Bitcoin early on. That is an unjust measure.

Sure, there can manageable fluctuations within an long-term equilibrium with a proper currency (btw the US Dollar is not a decent currency form), but that's the thing, you need an equilibrium for fluctuations to occur without the market blowing up on itself. You don't get that with crypto.

>>677931

Gary North is a joke, and not just for the Y2K incident. He's buddy-buddy with the (((Mises Institute))), thinks you can scam God out of money if you invest in the stock market, and promotes usury. He is the reason Christian Reconstruction died as a movement and why theonomy is struggling.

Seriously, did you the eulogy for his son? It reads like a lament from a French existential agnostic, rather than from a Christian filled with hope with the presence of God after death and of the resurrection.


fc541d No.678255

>>677935

shut up fed

>>678056

What's wrong with the Mises Institute?


e683f2 No.678303

>>678255

>shut up fed

>implying im a burger

Encouraging hoarding by design is winnie the pooh retarded.


8b5046 No.679102

File: fd2bb1306416ee3⋯.jpg (38.91 KB, 332x499, 332:499, 513e7BP39PL._SX330_BO1,204….jpg)

>>677928

RDD short-term

ETN long-term

BTC to spike $30k USD then drop to nothing

As always, follow investing guidelines (risk and diversification) and take into prayerful consideration.

https://z3news.com/w/category/news/financial-news/crypto-currencies/


202c9b No.679209

>>677928

>Is cryptocurrency a good solution to usury as practiced by central banks?

Well, no. It's more likely that the banks will update their infrastructure to benefit from blockchains an raise their profit margins. See Ripple.




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