A Crypto-Christmas Story
Tis the season we focus on a special baby laid in a manger, traveling Magi, Mary’s adoration, and Joseph’s struggles. Many overlook the larger message of the nativity of the Messiah, just as many are missing the larger story of cryptocurrency. A great prophet warned many centuries before the Wonderful Counselor was born,
“For unto us a child a is born, a son is given, and the government shall be on His shoulder…”
Whenever a great concept comes into the world to liberate the people, its enemies are agents acting within corrupted power systems. For most of human history, rulers and those who control the money of a nation and thus the power wielders were one in the same, the royals. So, King Herod viewed the Prince of Peace as a threat; today we have governments, banks, and many entrenched institutional authorities viewing cryptocurrencies as a threat.
Before ideas of sacrilegious accusations overtake your mind for comparing the Most Holy to something as lowly as bitcoin, give me a moment to review the greater principles.
Why was Jesus born in a manger in the first place? Government imposition.
From the gospel of Luke, chapter 2, verses 1—5,
“In those days a decree went out from Ceasar Augustus that all the world should be registered… Joseph also went up from Galilee, from the town of Nazareth, to Judea, to the city of David, which is called Bethlehem, because he was of the house and lineage of David, to be registered with Mary, his betrothed, who was with child”.
So, an authoritarian census-tracking fiat ruling compelled Joseph and Mary go on a difficult treck to "register" even while Mary was in her pregnancy's final trimester. Even more difficult, so many people were traveling to fulfill this order, by the time they arrived in Bethlehem, all rooms in the local Inns were filled. Thus, Mary went into labor and gave birth to the Christ and placed her child in the most wretched of conditions, an animal’s manger.
We were also compelled to follow government and banking rules for our rulers benefit. Without much consideration for the common citizen, the authorities told us we must save in a system that saps the value out of our accounts slowly. We must use nation bound fiat currencies to fully participate in trade and commerce. We must transact only with people and businesses they’ve documented and approved. They created rules that restricted investments in certain businesses only if we are deemed worthy with an “Accredited Investor” status. We're compelled to give our personal information to institutions who retain the valuable info on loosely guarded central repositories. Central repositories that must release all information upon request to authorities that increasingly give governments more power to surveil and under threat, compel other behavior they want from us. Behavior that benefit the financial elites at the expense of main street. This led down a path to the wretched financial crisis of 2008.
Visionaries saw the pattern of boom and busts, not because of the natural cycles of free markets, but because of crony institutional inflationary schemes with the aid of political beneficiaries. These visionaries knew, the ultimate scheme will lead to the mother of all booms & busts, the money bubble. This bubble will be created by uncontrolled printing of money to the point that all artificially propped up investment sectors will collapse when the house of paper fiat money beneath them crumbles. So, to counteract the inevitable suffering to the common man due to the schemes of the elite's debt-based fiat economy, bitcoin was born.
Who recognized the magnificence of Jesus early on?
It’s amazing how people were aware and waiting for the sign of the Messiah. From Simeon, who was waiting for the consolation of Israel, to Anna the prophetess. When Joseph and Mary brought Jesus to the temple, Simeon took Him into his arms and said,
“Lord, now you are letting your servant depart in peace, according to your word; for my eyes have seen your salvation that you have prepared in the presence of all your peoples, a light for revelation to the Gentiles, and for glory to your people Israel”.
--Luke 2: 29--32
Others traveled from great distances to see the child. These were called the wise ones. They recognized a new era ushered in and came to the Christ bearing gifts. (Matthew 2:7—12)
Likewise, many who heard of bitcoin or read the whitepaper, recognized something magnificent has entered the world. Many were seeking and watching for a digital currency free from central authority permissions for many years. Even Milton Friedman prophesied about the need for something like a peer to peer, trust-less, digital cash to reduce the role of government. Reducing the role of government automatically increases individual sovereignty.
Those who were aware of the greatness of internet money, came bearing gifts. Gifts of talent to help develop code, gifts of resources to run nodes, gifts of creative brain power to develop next generation currencies, and even gifts for ICOs to develop the projects that will liberate us.
The adversary, Herod.
The wise men were not the only ones to recognize the Ruler of all Israel was born.
3 When Herod the king heard this, he was troubled, and all Jerusalem with him. 4 And when he had gathered all the chief priests and scribes of the people together, he inquired of them where the Christ was to be born. 5 So they said to him, “In Bethlehem of Judea, for thus it is written by the prophet: 6 ‘But you, Bethlehem, in the land of Judah, Are not the least among the rulers of Judah; For out of you shall come a Ruler Who will shepherd My people Israel.’ ” 7 Then Herod, when he had secretly called the wise men, determined from them what time the star appeared. 8 And he sent them to Bethlehem and said, “Go and search carefully for the young Child, and when you have found Him, bring back word to me, that I may come and worship Him also.”
Herod performed his investigations internally, recruited help externally, and was determined to kill off the threat to the kingdom he ruled.
This pattern looks very familiar. Within the cryptocurrency world, disintermediation and the curse of fiat money was openly spoken about even from the earliest bitcoin forums. Our ultimate plan was openly revealed, and it disturbed many. Governments and financial institutions inquired internally amongst their experts. They also inquired externally to willing accomplices within the cryptocurrency community. I remember hearing the hopes that our government is very friendly towards the crypto community, they are willing to make regulations work for us, they are here to help us with our crypto problems, etc. All throughout 2017, the Herods of the modern day were only gathering intel. Intel they could use to help them kill crypto while in its infancy.
Flight to Egypt.
Wise individuals did forewarned that 2018 was the year of regulations. The year fiat on-ramps to crypto will either be cut-off or monitored. 2018 was also the year of going after ICO projects that raised funds in ways the central authorities did not approve. These start-ups were issued cease and desist orders and mandates to return funds or face hefty fines. They received gag orders and cut-off from openly protesting about such treatment in the public square or reveal the Orwellian techniques of the enforcers. Many investors were confused and frustrated by the actions of the projects they readily supported, but there were no viable explanations given to them due to threat of instant prosecution.
We are to the point of following the lead of Joseph.
13 Now when they had departed, behold, an angel of the Lord appeared to Joseph in a dream, saying, “Arise, take the young Child and His mother, flee to Egypt, and stay there until I bring you word; for Herod will seek the young Child to destroy Him.” 14 When he arose, he took the young Child and His mother by night and departed for Egypt, 15 and was there until the death of Herod, that it might be fulfilled which was spoken by the Lord through the prophet, saying, “Out of Egypt I called My Son.”
Now is the time to flee from finding solutions in the halls of congress or any government regulatory body. Now is the time to flee from attempting to cut deals with Visa, MC, or major banks. Just as Jesus was able to grow and develop in Egypt until Herod was dead, we must continue to nurture and grow the cryptocurrency community until we have the resources to drive self-sustaining communities from raw materials to manufactured goods, shipping & ground transport to retailers, and from merchants to end consumers all with cryptocurrency as the only medium of exchange. We must flee until we have the resources to garner support behind crypto friendly political leaders and sponsor policies that promote liberty. We must flee until the infrastructure for crypto allows any freedom loving person to gracefully bow out of the fiat based systems and have every need met in a crypto only world with little friction.
Soon, we can come back and begin the ministry as a full-grown entity. Someday, we could offer a choice to those stuck in the broken promises of our current monetary system. We will bring the message to the masses with the same principle spoken by the Master Teacher in Mark 4:24-25,
24 Then He said to them, “Take heed what you hear. With the same measure you use, it will be measured to you; and to you who hear, more will be given. 25 For whoever has, to him more will be given; but whoever does not have, even what he has will be taken away from him.”