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The Bible and Bitcoin

The Bible and Bitcoin

Scripture has a great deal to say about money, and almost none of it is about coins. It is about weights and measures, about the labourer worthy of his hire, about a day's wage for a day's work, about what happens to a people when the standard they trade by can be quietly altered by whoever holds the scales.

Alin Armstrong takes that seriously and asks what Bitcoin looks like from inside it. The argument runs through human time and human energy — the two things nobody can counterfeit, and the two things a person actually spends when they earn. Money that cannot be created without expending energy stands in a different relation to a day's work than money that can be created by decision.

A short book, a hundred and twenty pages, with a foreword by J.M. Bush. It is a theological exploration rather than a technical one, so it will not teach you how a transaction is signed. What it will do is set the monetary argument you already know beside a moral tradition that has been examining the same question for three thousand years.

Read it with the Douay-Rheims on the same shelf. The passages it reaches for are worth having open beside it, and in a translation that took the Vulgate word for word.

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