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On the topic of religion, I think back to the patriarchs of the Old Testament, particularly Abraham, Isaac, and Jacob of Genesis. They became wealthy, influential, and powerful men. Their wealth was not in money as we think of it. It was not in gold. It was not even in land for much of their lives. Their wealth was in livestock...an asset or commodity that would literally walk around with them as they traveled to and fro across the Holy Land. My point here is that they were the actual holders, the custodians of their wealth. They held their flocks and herds with them, completely divorced from any governmental or institutional overseer. Their money had four feet, ate, sleep, defecated, and got eaten themselves. But, Abraham, Isaac, and Jacob controlled their own wealth. Bitcoin effectively returns us back to herding sheep and goats. We can trade a sheep, slaughter a goat “ for us doing so. With legacy money, this is not the case.
I love this analogy. That’s the way wealth should be working and this is how it should be administered: “without anyone's permission and without anyone taking a fee...” And Bitcoin has the potential making this happen.