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In a recent gathering in El Salvador, numerous missionaries and Christian Bitcoiners engaged in a profound discussion about the role of Bitcoin in mission work. Initially, the conversation was expected to revolve around utilizing Bitcoin to help existing missions organizations move money, especially to closed countries. However, it soon became apparent that a more significant issue was at hand: the detrimental impact of fiat money on missionary work.
The traditional model of missions is highly centralized, predominantly Western, and operates on a precarious, day-to-day basis. It often intertwines with the concept of almsgiving, leading to substantial dependency and proving ineffective outside a few first-world countries that typically send out missionaries. This model primarily relies on continuous, generous donations from personal networks and a handful of churches. Missionaries depend on these regular monthly donations to sustain a stable income. Unfortunately, a reduction in these donations can lead to financial instability, forcing many missionaries to return home for fundraising or to incur debts for their missions. This model is particularly unfeasible in the developing world, where the culture of funding missions through regular donations is not prevalent. People in these regions, often facing financial challenges themselves, find it difficult to contribute consistently to missionary work. Consequently, many potential missionaries in these areas lack the necessary resources to embark on their missions.
During the conference, a significant realization emerged: Bitcoin has the potential to revolutionize the fiat-based funding model of missions. Historically, missions were supported by grants or large donations that provided funding for extended periods. Unlike the month-to-month approach, missionaries could receive support for several years. Moreover, the long-term price appreciation of Bitcoin suggests that the value of funds could extend well beyond the initial amount saved.
A new model for missions is now viable, one that empowers missionaries with greater autonomy and aligns more closely with the teachings of God. This model emphasizes savings, work, and cultural immersion. Missionaries typically undergo several years of training before field deployment; this period could also be used for working and accumulating savings in Bitcoin. By the time of departure, they could have a substantial reserve to support their work. This approach not only promotes financial planning and investment for the future, a skill often lacking in short-term, high-turnover missions, but also equips missionaries with practical skills. These skills are not just useful for earning money but are instrumental in facilitating cultural integration.
A decentralized approach to mission work becomes increasingly feasible with the advent of decentralized currency. The current monetary system heavily debases missionary work. With the adoption of Bitcoin, there is an opportunity to transform this landscape.
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That's creative...
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I think you better tread lightly here.
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I'm not even a religious person 🤠 But I found this prayer amusing !
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Over the past couple years I've talked to a missionary about the future of Christian missions and while we weren't talking about bitcoin or funding we did talk about decentralization. US based world missions are very centralized and in recent years missionaries in hostile nations have had their operations hacked and undercover missions operations exposed. The traditional top down approach simply doesn't work. There are groups in the US taking a more flat approach to missions. Seems logical to me and I hope it will be effective.
As to bitcoin, many coverts in nations that are hostile to Christianity are ostracized from their families and communities. I imagine this would affect their finances as well. Bitcoin could be a life saver for people like this.
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I believe that what you and the team pressed on during the El Salvador trip is unbelievably foundational to the future of the church and for the furthering of God's Kingdom.
I've been concerned with the statistics of Church Decline in the USA as well as the percentage of Christians who Tithe according to BARNA(1). This on top of your insight into an increased hurdle rate over the years is going to make it impossible for people to afford normal life much less invest in their local community/send missionaries out(2). I grow increasingly worried for large Christian Non-Profit organizations who are rapidly declining in consumer donations and are relying heavily on governmental grants.
I do not see a way to move the Kingdom of God forward WITHOUT the implementation of a Bitcoin Standard in our personal/organizational financial strategies. The Lord has provided us a tool to opt-out of the theft of our time and resources so that we can continue to be radically generous to those in need.
Austin Morrow recently shared his insights in an extensive analysis of the EXODUS story and overlaid how God responded to the Israelites during that time. I am still in the midst of reading it but from the first few pages it seems like his observations are setting up a strong argument for Bitcoin opting us out of the oppressive and unjust system of fiat.(3)
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Bitcoin has crossed the 92,000 USDT benchmark and is now trading at 92,243.992188 USDT, with a narrowed 1.99% increase in 24 hours.
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Most Churches which are nonprofits in the US are LLCs. This is a problem, as it requires government recognition.
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You are correct. In the US the state is largely friendly to churches. That is until the church confronts the state. We saw this during the lockdowns. Of course I'm speaking of the US gov being friendly to churches in relation to nations that are not. It is very likely that at some point in the future the US will seek to further restrict the activities of churches using their legal status and non-profit status as a tool. In my experience most Christians do not have their eyes open to this possibility. If they do, they think voting for someone like Trump is all they need to worry about. They don't understand what the state is.
There is nothing stopping churches from forming without any government recognition so I'm not sure what your larger point is. Care to elaborate? I think Jimmy is suggesting an alternative to church incorporation. A decentralized approach. This is already being done but most people do not know it is happening. Which is part of the strategy.
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Yes, I was involved in a church where the state turned against it in part because it was not a "state approved" church though it was an LLC. The original foundation involves "free churches" which are automatically tax exempt, but then you face all sorts of complications like not having an EIN and how the banking works out if you take donations.
My larger point is that churches formed this way have little visibility and usually if they are formed this way, they don't have any visibility because something in the system broke. They have little desire to poke their heads back up into the world of "deep notice" but then the problem becomes how to receive donations and so forth and operate on a small level without such notice.
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Thanks. Sounds like a great use case for bitcoin as the donation medium doesn't it.
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Sure, but how do you reach donors, and then how do you convert the cash back to a usable form if you are facing persecution? The thing that's trying to be squelched in such a scenario IS the Church itself, and God by extension...
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I hear you but I also want to add that you can't squelch God. Throughout history the church has grown and thrived through persecution. The gap in what you are describing is a circular economy. Bitcoin is a great solution for the medium of exchange but that can't happen without people adopting it first.
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And if God tells you to send say, 30 BC to your brethren are you gonna do it? If not, then all the wrath around is all ready an indicator somebody tried to squelch Him.
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lol, you've really lost me now. You can try to stop God's work... of course. But you can't. Nor can I.
If this is the situation. If you can't receive donations in fiat and on fiat rails you need to be using bitcoin, not converting back and forth to fiat. Not saying the transition is easy but if the state is trying to stop your church you can't really use their systems. Barter, cash, and bitcoin seem like the best options to me. For sure avoiding banks. And it would need to be no KYC bitcoin.
I have heard about the cashless society and persecution my whole life from American Christians. Bitcoin is the first solution that has made sense to me. I think we are a long way from being forced to do this in the US but in many parts of the world bitcoin is helping people who need it.
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Not an option if you are renting buildings/houses paying utilities and the basic needs of living in most places.
The Church with which I was involved had to do just this in the US. Never underestimate people's want or desire to block out a narrative even IF they are supposed to love their brothers and sisters in Messiah. You don't hear about it because those people have a very difficult life afterwards, and each time they try to speak there are often further efforts to silence them.
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I feel like I'm missing some details here or something. I'm not saying use bitcoin and poof your problems go away.
It seems like in this situation the issue is that the church is working inside the state system and the state is using that system against this church. Maybe the solution is to not use the state system at all. What about a private club? I mean legally. Or not even any legal structure.
Also sounds like an attorney might be able to help. A good one.