In our first interview with Jimmy Song, he explained how our monetary systems are debased by fiat, or creating money from nothing, and the implications of this economic fraud.
Sadly, much of the Christian Church has adopted the same mentality as our corrupt monetary systems. This perverts incentives around fundraising, ministry, and building projects, as well as diluting the gospel in order to maintain financial support.
Jimmy, the author of the book Fiat Ruins Everything: How Our Financial System Is Rigged and How Bitcoin Fixes This, discusses the implications of a fiat currency mindset infiltrating the Church and what you can do to improve things in your own sphere of influence.
Jimmy Song is a Bitcoin developer, educator, and entrepreneur. He’s a software engineer with over 20 years of experience, an open source contributor to many different Bitcoin projects, and the author of Programming Bitcoin, The Little Bitcoin Book, Thank God for Bitcoin, and Bitcoin and the American Dream. Jimmy has been a lecturer at the University of Texas and an expert witness in legal cases involving Bitcoin, and he is an advisor to multiple companies. Jimmy writes a weekly newsletter, Bitcoin Tech Talk, and hosts the podcast Bitcoin Fixes This. His writing can also be found at bitcoinmagazine.com.