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The Biggest Bitcoin Misconceptions

Truth Talk / Stu Epperson
The Truth Network Radio
December 15, 2021 11:35 am

The Biggest Bitcoin Misconceptions

Truth Talk / Stu Epperson

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December 15, 2021 11:35 am

Stu joins author Chris Brady once again - this time, in a truck! - for an in-depth conversation about his new book, "The Bitcoin Bride: A Rascal Money Story" and a look at some of the biggest misconceptions about Bitcoin.

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Nothing says Christmas like a wonderful family in Asia, getting a water buffalo is like getting a farm truck while working getting the stand of the market. A water buffalo opened.

More importantly, it opens the door to talk about Jesus and nothing says Christmas better than that.

Join Truth Network in supporting gospel for Asia gift and click on the Christmas critter campaign hello this is Matt slick from the match look like podcast right defend the Christian faith and lay out our foundation of the truth of God's word chosen Truth Network podcast is starting in just a few seconds. Enjoy it, share it, but most of all, thank you for listening and for choosing The Truth Podcast Network. This is the Truth Network service talk from a truck that I have done my show from a truck for what out of the truck. Not just any truck.

This is a truck of entrepreneur, New York Times best-selling author, man of God Chris Brady's written his new book, the bitcoin bride, and this is something that even a basketball player is my Chris, thank you for writing this book I read the book dialogue about what kind of feedback are you hearing about his new book, the bitcoin bride really good feedback. Thank you that again you show we wrote the book to try to appeal to people who otherwise wouldn't read a serious business book about crypto currency or bitcoin. It's a fictional story.

It's a romance novel but it teaches bitcoin. As you know you said you read it gets done. Well, it's just about the only book in the space that treats the education of bitcoin in a fictional way like and because of that it's really got legs and started to really well all the crazy thing is I feel like I'm bring the book in hockey the same time because how many copies or how many meetings or lunch means colleges we had horses a conversation. You're just gonna guide me knows to do this in nose do is not in a takeover the world is not the third world order this and that. So talking to my good friend Chris Brady, the bitcoin right Chris, take us through what I was doing on a blow to the punch line of the storyline too much. We wanted to spoil it for the reader, but you you have a real heart for Italy. This is just like a beautiful Italian countryside. This is young man actually a really good picture of Christian courtship young man who is being civil risk like the old way, asking the bad news is this godly time and for his daughters hand in marriage, but there's a couple little snags in that that you bring out in his yellow runway ahead of them before that can happen right yes plan meets reality is that they say everybody to have plans delegated in the face of young Marcus: is a recent college grad is evolving bitcoin with some of his friends is doing pretty well and he's fallen in love with this young coed and sees Italian and so you know he decides he wants to propose door make it a secret, because she love surprises so she doesn't know this is coming he's going to ask her father for his permission to marry his daughter Cassondra well in the United States that might be a mere formality. It may be just politeness but in Italy I didn't go quite as smoothly as he anticipated, and I brought Italy and because I love Italy have spent a lot of time there and I wrote another book about Italy a decade ago called a month of Italy and I thought will bitcoin is supposed to be fun.

And what could be more fun than setting this in Italy young Marcus Coleman has to take the skeptical hard nut to crack. Future possible father-in-law and convince him about bitcoin educate about it teacher about it and get him to be enthusiastic about it before the end of this whole two-week trip and if he doesn't commence his father-in-law's this hope to be father-in-law of the merits of bitcoin in that time again Mary Cassano, Chris Brady, author of the bitcoin bride, a rascal money story just old narrative surrounding rascal will thoroughly entertain you a wonderful book. Very I think exceptional book on explaining something is become very confusing and you say some of the major misconceptions about bitcoin the block chain crypto currency Chris Brady the first big one is what it is and you can't really talk about what bitcoin is with understanding why it is why it was invented it came running, 2008. On the heels of the financial crisis and its evolved as a thing that becomes a safe store of value. It's a money that's got no government involved. It subtracts government out of the equation of money 2500 years ago the first government intervention money took place in the kingdom of Lydia and what's today Western Turkey that government minted coins in gold and that was the first time a government got involved in money and they've had their hands and money ever since. And today, much to the dismay of people everywhere that are forced to live in the dollar economy is the US government is over spending so much that is robbing the value of the dollar and this hurts the poor and the lower middle class the most and so bitcoin has arrived as just about the only other thing galloping in the other direction, offering freedom, offering people a way to have money that doesn't get debased by the government and their overspending so bitcoin is the invention of digital scarcity. It's an insurance policy.

People can take out against government overspending.

So the biggest misconception people have is they think it's some kind of a speculative get-rich-quick thing or some fly-by-night thing or some vaporware or famous people have called things like snake oil and snake oil squared there demonstrate a lack of understanding in this book is designed to help people truly understand that this is more likely.

Gold two point know it's a safe store of value like gold, but it's got a lot of features that make it better than gold and is got this technological piece to it. It's almost like the next discovery the Internet.

I've heard a lot of folks make that parallel that's right.

Bitcoin is like the invention of the Internet when the Internet came around it revolutionize communication and it revolutionized commerce, but it didn't do anything for money. Bitcoin is Internet money Rivera voice over IP voice over Internet protocol when it lots of the phone calls now go through the Internet. Bitcoin is money over IP now want to give a full disclosure does Chris Brady is not a bank or financial center. A guy working for a financial firm. He's a good Christian guy that wrote a book just to help people with confusion so like Ulysses, he what is you have a game only was he try to sign up for. In fact, I'm trying to get you to stop this type you love Chris because it really I guess that's your goal. Why do you want people to read this book was Christians, we should be animated by a sense of justice right were to walk humbly to obey the Lord would have a sense of justice and I really feel that there is a global swindle taking place and it affects the poor and lower classes. The most inflation is the direct result of government overspending and irresponsible fiscal policies and the people that pay the price.

The most are the ones that can pay at the least they have the least ability to handle that happening to the increase in prices of everything that you need to live on a daily basis. So bitcoin is this amazing solution that shows up available for anybody and it started as a bottom up movement from individuals who figured out realize what was. And then it becomes available to everybody and then now larger larger bigger institutions. If I get involved. It upsets the applecart. It gives power to the people and individual freedom, animated by that as a Christian I want to spread truth. By the way, this is an excellent way to shuttle and discussion for the gospel throughout my book. I put the Christian worldview in there. All the characters are believers, and so by getting someone interested in bitcoin getting them to read this book. They come face first into the Christian worldview and see how much sense it makes, and that it is truth with a T well and it's a great story. It's a fictional story based in Italy but a lot of kingdom gospel concepts and there but just a lot of clarity for someone like me who is really clueless about bitcoin crypto currency. Now I can actually hold a conversation with people about it of learning more looking to maybe get involved a little bit and is good to have godly friends like Chris Brady walk me along. He's gonna try to be a godly friend everyone out there just to say hey here's a book I wrote how to be will get the book. Chris the bitcoin bride welding go to Amazon.

Of course they go anywhere. Books are sold or they can start my website Chris okay and another great business consultant major business leader Oren Wood were also great friend and part of your says this quote the best book for learning about bitcoin. As a big words coming from a big man there Chris Ray's book the bitcoin bride anything to write this book and it's a great gift, whether it's Christmas time Valentines. Actually, there's a romantic beast do it so if you think ahead of time guys, I mean, what you get for someone that has everything are those for hard to pick out people and a lot of folks you just not not sure I Chris is a dilemma absolutely had this might be the perfect gift for someone you otherwise can't think of what to get him. I love it so. Learn more.

Chris Brady of the website. It all relates.

Amazon ever butchers all right up absolutely. The book is the bitcoin bride, a rational money story and it's all about bitcoin in bitcoin here will you like it or not. So as believers we need to be educated when you learn about it and also make sure wise stewards.

I just talked to a major ministry is a Truth Network partner. Not even an hour ago Chris and he said hey by the way, were taking donations now in crypto currency in bitcoin so this is another legitimate way to give to ministries to steward our money to advance missions rental yet that's right. And one of the things you can do in that instance is you can buy something like bitcoin let it appreciate over the course of your life and then donated at some appropriate time and it's a much better tax-advantaged way to give so the fruit that you're trying to contribute to a worthwhile ministry gets preserved in the transfer so it's a wonderful application. This is a great 101 tutorial information and enjoyable read a page turning book.

Thanks to my friend Chris Brady in his new book, the bitcoin bride. This is the Truth Network

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