046 What Actually Makes Good Money?

Have a question or comment for us? Email us at ⁠bitcoinreformationpodcast@gmail.com⁠Find the image here: https://www.reddit.com/r/Bitcoin/comments/shotki/fidelity_compares_gold_vs_btc_vs_fiat_based_on/David Rufner and Jared Townley, two pastors on the Bitcoin Reformation Podcast connect Holy Week reflections and Christian apologetics with a “back to basics” question: what makes good money. Using a chart of seven monetary qualities (durable, divisible, fungible, portable, verifiable, scarce, track record), they compare cows, gold, fiat currency, and Bitcoin. While not comprehensive, they lead us to consider why we might desire a different money than the current currency we use on a daily basis.12:43 What Makes Good Money16:49 Seven Money Properties27:41 Testing the Cow Standard35:31 Gold as Store Value41:49 Gold Scarcity and Track Record46:29 Fiat Fails at Saving58:30 Bitcoin as Better ToolThe Bitcoin Reformation Podcast and all related content, including but not limited to audio recordings, social media posts, show notes, and supplementary materials, are produced for general informational and educational purposes only. Neither Ben Haupt, David Rufner, Jared Townley nor any guests, employees, or affiliates of the Podcast are licensed financial advisors, registered investment advisors, brokers, or dealers.The views, information, and opinions expressed in this Podcast:Do not constitute financial, investment, legal, or tax adviceAre not an offer to buy or sell any cryptocurrency, security, or financial instrumentMay not be suitable for your individual circumstancesMay be subject to change without noticePast performance of any asset, including but not limited to Bitcoin and other cryptocurrencies, is not indicative of future results. All investments carry risk, and you may lose all or part of your investment.While we approach discussions through the lens of Lutheran Church Missouri Synod teachings on stewardship, our content should not be your sole basis for making any financial or investment decisions. We strongly encourage all listeners to:Conduct thorough independent researchSeek guidance from qualified financial, investment, tax, and legal professionalsExercise due diligence before making any investment decisionsConsider their risk tolerance, financial circumstances, and investment objectivesBy accessing our content, you acknowledge that the Bitcoin Reformation Podcast and all associated parties shall not be liable for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with:Your use of or reliance on information from the PodcastAny investment decisions you make based on Podcast contentAny errors or omissions in the contentFor specific investment advice tailored to your situation, please consult with qualified professionals who can evaluate your individual circumstances.Keywords: #lutheran #bitcoin #pastor #finance #ChristianFinance #BitcoinReformation #Reformation #ThinkOfBitcoin #BetterMoneyBetterWorld #FixTheMoney #BTC