Cryptocurrency: Financial liberation for the masses or pyramid schemes for the gullible?
Due to illness, we weren’t able to record a new episode this week, so instead here’s one from the Matters of Life and Death archive you might enjoy. So-called memecoins – new cryptocurrencies launched solely as tongue-in-cheek speculative online investment assets – have boomed in recent months. Back in 2023 we were joined by Christian tech writer and Baptist minister Chris Goswami to try to unpick how we should feel as believers about cryptocurrencies. What is bitcoin, and is it any different to previous internet-based tech industries we could invest in which have boomed and gone bust over the years? Are they providing financial liberation for some of the poor and excluded communities in the developing world, or simply luring vulnerable under-educated people into shady scams? And how can we grow in wisdom and discernment as believers so that we can pick our way through this wildly accelerating field of technological advancement, avoiding what is harmful while pursuing the good? • Subscribe to the Matters of Life and Death podcast: https://pod.link/1509923173 • If you want to go deeper into some of the topics we discuss, visit John's website: http://www.johnwyatt.com • For more resources to help you explore faith and the big questions, visit: http://www.premierunbelievable.com