Bitcoin

Bitcoin was first brought up in HHC circles on December 4, 2012 when it was valued at $13.50. The first article on the subject was posted here on December 26, 2013 at $684. As we've developed better understanding of Bitcoin, it may be correct to view the Original Bitcoin Article as perhaps 20% good old fashion wisdom mixed with 80% subject matter ignorance.

Fortunately, HHC is not a top-down monolith. While some congregations rejected it, others embraced it. Some congregation ministers realized that Bitcoin donations from elders could be accepted over the Internet without praying world's governments for permission to do so as was required for the acceptance of checks, wire transfers, credit cards, and Paypal transactions.

Moreover, in cases of emergencies, elders (who already had verified bank accounts, credit cards, Paypal accounts, and more) could easily receive Bitcoin from their minister and convert it to the necessary fiat currency to pay hospital bills or whatever.

So the minister and the storehouse he oversees can remain separate from the world while maintaining technical proficiency to serve his congregants in an age of electronic communications. In addition, elders and their ministers who invested the time to educate themselves about the new technology of Bitcoin have been able to multiply the talents given them rather than putting them in a jar to bury where moth and rust corrupt—where inflation eats away at fiat stored in bank accounts.

Perspective

$683.94 - Number of US Dollars required to buy one bitcoin on December 26, 2013, when the Original Bitcoin Article was posted.

Today's Dollars required to purchase 1 bitcoin

Basics

• What Is Money?
• The Denationalization of Money was Predicted
• Fundamental Internet Protocol

Common Objections and Misconceptions

• Bitcoin v Gold
• Bitcoin Wastes Energy
• Bitcoin Bubble
• Stupid Predictions
• Roger Ver
• Speculation
• Bitcoin Speed
• Volatility
• Inferior Technology
• Bitcoin Ponzi
• Co-opted Bitcoin?
• Tucker Carlson
• Quantum Computing

Expanding Vision & Understanding

• Energy as Money
• Bitcoin Reserves
• Allodial Money
• Equal Weights and Measures
• Deflation
• Proof of Wealth
• Hyperbitcoinization
• Halving
• Stablecoins
• Bitcoin v Real Estate
• Bitcoin Prehistory
• Bitcoin Ethic
• World Reserve Currency
• Bitcoin Dominance
• Bitcoin Not Crypto
• Inaction Is Action
• Bitcoin is Logos
• Time Theft
• Bitcoin Resilience
• Big Picture

Bitcoin Fixes This

• The Great Taking
• Bitcoin and AI
• Bitcoin and War
• Bitcoin and Food

Bitcoin Standard Operating Procedures

• BitcoinSOP1 - Buy Bitcoin with Strike
• BitcoinSOP2 - Earn Bitcoin Reward Points with Fold Debit Card
• BitcoinSOP3 - Self-Custody with Aqua Wallet
• BitcoinSOP4 - Protect Your Keys
• BitcoinSOP5 - Hardware Wallets/Cold Storage
• BitcoinSOP6 - Use Your Bitcoin as Equity for a Loan
• BitcoinSOP7 - Bitcoin Mining (Personal Level)

Homework

• Bitcoin Books
• Bitcoin Podcasts

Projects

• Bitcoin and Christianity
• Bitcoin and Birth Documentation
• Decentralized Peer Review and Medical Research
• Bitcoin and Free Speech

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