Prophecy Matters

Is bitcoin prophetic?

You might wonder why I would talk about bitcoin on this site. My personal opinion is that bitcoin was prophesied in the Book of Genesis. If you remember, Our Creator put into motion in Genesis 3:15 a prophecy that would pit good against evil. As engineered money weaponized by mathematics, I would say bitcoin is on the side of good. This is another area where you will need to do your own due diligence. Proof of Work applies to both studying prophecy as well as studying bitcoin and the problems it solves.

Satoshi Nakamoto was the pseudonymous individual or individuals that stood on the shoulders of earlier cypherpunks who wove together a perfectly engineered digital money that is deflationary in nature.

This post is for informational purposes only, and is not investment advice. Always get all your questions answered by a licensed professional before investing.

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What's the problem with fiat?

I remember my alarm going off and waking up in the Statler Hotel in New Your City. I had arrived late the day before so the surroundings were unfamiliar. I recall groggily making my way to the street where to my surprise was the famed Madison Square Garden directly across from me. For the next 4 weeks I would take the subway and be let off behind St. Paul's Chapel, which miraculously survived the 9-11 attack. I vividly remember walking around this small church passing by a small cemetery on the way to the World Trade Center Tower 2.

It was in the heart of New York that I started my career in finance. Looking back I could see that I was being brainwashed by one of the largest brokerage firms on Wall Street. I did not know it at the time, but I was learning about centralized power and the disruption it causes, especially when it comes to monetary policy and currency debasement.

It was some 15 years later that I read "The Creature from Jekyll Island". As I read thru this book, it hit me like a ton of bricks. What am I taking about? The problem. Without understanding the problem, it's hard to fully comprehend the solution. The ability to control the money supply and lend out $9 out of thin air for every $1 taken in by a bank was absolutely insane to me. Not to mention the immense secrecy and deception that went into this meeting back in 1910.

Subsequently, in 1913 The Federal Reserve Act came to be. In addition to the creation of this money printing machine, federal income taxes came into existence. If the Fed can print money with a keystroke, why do they need to tax its citizens? Think about it. We shed blood, sweat, and tears to earn the same money that can be printed without any real effort. I would call that unjust.

Additionally, every time the government spends more than it takes in, it has to get the Treasury to issue debt to pay the bills it can't cover. With more and more individuals and countries loosing faith in US Treasuries, it regularly goes the Fed to print money to cover the shortfall. Admittedly, it's more complex than my short explanation, however, the bottom line is that many people have become oppressed, fatigued, depressed, and fed up with our government and the cartel that controls interest rates and the money supply. The debasement of the dollar is out of control, and there's no turning back in my opinion. Every fiat based economy throughout history has failed.

Proverbs 11:1 Dishonest scales are an abomination to the Lord, But a just weight is His delight. 2 When pride comes, then comes shame; But with the humble is wisdom.

Proverbs 23:23 Buy the truth, and do not sell it, Also wisdom and instruction and understanding.

Is bitcoin a real solution?

There are many ways to describe bitcoin. It's a "rabbit hole" that takes lots of commitment and time to begin to understand all the moving parts. With the advent of bitcoin ETFs in 2024, many people looked at bitcoin as an investment. I believe that is the wrong point of view to take, especially for those who think trading bitcoin is the way to go. Bitcoin is a money protocol, much like TCP/IP is an internet protocol and HTTP is a hyper text transfer protocol.

Bitcoin runs on a decentralized computer network that is the largest in the world and is not controlled by any one person or entity. It dwarfs the combined power of Microsoft, Google, and AWS. The key is the thousands of decentralized nodes around the world that enforce the bitcoin rules and regulations. Additionally, per the bitcoin open source code, only 21 million bitcoin will ever be mined. By its very nature, bitcoin is deflationary. As a result, bitcoin solves the problem of the money printer and the current monetary system that is highly inflationary and has led to the debasement of the dollar.

Some of key elements of bitcoin are as follows:

Bitcoin is a new asset class.
The bitcoin network is a highly decentralized online digital ledger.
The nodes that are the gatekeepers to this ledger are located all around the world.
The network has immense compute power that is gobbling up traditional assets.
Bitcoin's code limits the total number of tokens to 21 million.
Bitcoin is deflationary in nature.
Mining bitcoin is accomplished by miners using a Proof of Work process.
The power consumption flexibility of bitcoin mining has many benefits to existing power grids.
Bitcoin is a borderless rules based monetary system.
Bitcoin is permissionless and leakproof.
Bitcoin is trustless.
Bitcoin is a technological revolution that ushers in a new way of transacting on the internet.
Bitcoin will become a major payment rail with the advent of AI agents.
There was no issuer for bitcoin.
There is no CEO.
There is no marketing department.
Unlike gold, bitcoin can evolve and adapt.

Some of the key stakeholders are:

The nodes.
The miners.
The bitcoin software developers.
Wallet providers.
Exchanges.
Wall Street.
Venture Capital firms.

Here are some additional ways to describe bitcoin:

It's freedom money.
Bitcoin is a store of value.
Bitcoin is a p2p payment rail.
Bitcoin is digital capital.
Bitcoin is digital energy.
Bitcoin is digital property.
Bitcoin is engineered money.
Bitcoin is a self-sovereign solution if held in self-custody.

What bitcoin does not do.

Bitcoin is no different than paper dollars printed out of thin air in the sense that you can't take it with you. Don't miss the big picture, because it's about how you will spend eternity that is most important.

There are a great many bitcoin maximalists that have adopted the mantra, "fix the money, fix the world". It is my opinion that bitcoin solves a lot of problems, but it can't eliminate evil or end forever wars. Make no mistake, defeating evil is the war of all wars and will exist until the end of time on earth as we know it. Do not be deceived.

The good news is, we can be present when evil is defeated once and for all. My hope it that you will diligently study Revelation 19. The armies in verse 14 are the believers in Christ who are present to witness the victory that ends all wars. It doesn't get any better than this, for those who choose to believe. Hope to see you there!