Church Of Bitcoin Sees Members Stack Sats As Crypto Religion Grows

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With so many being convinced that in the end, fiat money will crash and Bitcoin will conquer all, there are a growing number of those who claim that crypto is the first true religion of the 21st century. A Bloomberg columnist made the statement a first time and if you truly think about it, you could say that crypto is a religion, Bitcoin’s White Paper is its Bible and Satoshi is its prophet.

The whole thing is irrational

It was Bloomberg journalist Lorcan Roche Kelly who stated:

Bitcoin is the first true religion of the 21st century. Sometimes people call Bitcoin a religion pejoratively, as a way to sneer at its disciples. Or they call it a cult. Or they just use “religion” to imply that the whole thing is irrational. But I mean it with no judgment one way or another. Just that it’s literally a religion.

the next web: is bitcoin technically a religion? a scholar investigates https://t.co/7XabpURc2n

— the bitcoin party news feed (@bitcoinpartyall) February 5, 2022

Magazine ‘The Conversation’ now turned the quote on it’s head and asked why exactly people are calling crypto a religion. There’s plenty of signs that point in that direction though.

Universal Basic Income

It has a mythical spokesperson in the form of Satoshi Nakamoto, a man who’s never been identified and who has departed this world never to be found again. The first block of Bitcoin was called the Genesis Block, just as the first book of the bible.

Furthermore, it tries to improve communities by starting experiments with UBI (universal basic income) thanks to the transparency of the decentralized finance protocol. Several politicians have therefore already embraced Bitcoin as a solution to help the less fortunate.

I just want to express my gratitude once again for last night’s conversation w/ @jack and so many brilliant minds from the #Bitcoin community. We need to continue to create environments where all good solutions to problems can be on the table and able to have civil discourse.

— Aarika for CA-32 🍎🦉 (@AarikaRhodes) February 5, 2022

Lastly, the members of the religion, grouped together in the Church of Bitcoin, are stacking satoshis (or stacking sats as its known) and HODLing (refusing to sell in order to keep the price up) in order to support their cause, just as the Church asks for small donations as well.

All hail Bitcoin? As an atheist I don’t know but a good question by The Conversation anyway.