Is the new Christ Coin a fresh way of fleecing the faithful?
I know bugger all about cryptocurrencies such as Bitcoin, but I can’t help feeling that when Christians latch onto some newfangled method to raid wallets in order to Spread the Word, someone, somewhere is gonna get be stung. Badly!
Here is how the newly-launched Christ Coin is being flogged to the faithful:
Christ Coin is the first pre-mined Christian-based Cryptocurrency. It is used to financially reward people who read the Bible, post/view content and interact with the community on the Life Change Platform. The rewards may then be used to supplement personal income, invested for potential future gains, tithed to churches, or used to support global missions and humanitarian efforts.
We welcome everyone regardless of religious beliefs to interact and earn Christ Coins on the Life Change Platform. We intend to become the decentralized global hub for people wanting to impact the world in a positive and Christ-like manner
It’s further reported here that:
Christ Coin has a mission to meet the spiritual and practical needs of anyone, and unite Christians together as one community for the purpose of reviving hope, repairing lives, and rebuilding dreams. Built by a team of Christian entrepreneurs, Christ Coin is groundbreaking in its ability to build a global Christian community via cryptocurrency.
I’m clearly not the only one to think that the newly-launched Christ Coin smells – dare I say it – to high heaven.
Hop over to Jesus Coin for a brilliant take-down of the concept:
Using the cryptographic breakthrough of the blockchain ledger and anonymous cryptocurrencies, Jesus Coin has been developed as the currency of God’s Son. Unlike morally bereft cryptocurrencies, Jesus Coin has the unique advantage of providing global access to Jesus that’s safer and faster than ever before.
• Sin Forgiving – Jesus Coin is negotiating with churches to outsource sin forgiveness.
• Transaction Speeds – Record transaction times between you and God’s son.
• Predicted to Achieve $50bn Market Cap – Predicted by Peter (not the disciple).
‘And there would be a cryptocurrency, and it would be wondrous, and the Lord would say unto thee followers buy thee Jesus Coin, at the highest possible bonus structure’.
Jesus Coin adds:
Jesus Coin is guaranteed to save all of its owners from hell (except Jews, Muslims, Hindus, Bahai, Buddhists and Sikhs).
The site even provides an hysterical video to explain the concept:
For a non-satirical but somewhat sceptical view of the Christ Coin, see this Christianity Today report, which says:
Some may baulk at the prospect of Christ Coin. In the 500th anniversary of the Protestant Reformation, these financial ‘rewards’ sound a little like digital ‘indulgences’, the medieval Catholic innovation – essentially promising heavenly blessings in exchange for earthly cash – that Martin Luther railed against.
The Christ Coin is in some ways the opposite (providing cash for godly deeds), but it does still sound a little like buying your way through the Kingdom of God. Isn’t the point of Christlike living that its costly, and isn’t done in hope of earthly reward? Getting paid to read the Bible certainly adds an incentive, but it also messes with one’s motives.
Another criticism might be that this smacks of a Christian subculture on Christian steroids. The modern Church has successfully innovated its own world of music, books, film, clothing and of course celebrity; Christian currency is next. Isn’t this only going to exacerbate a ‘bunker mentality’ where believers fear the world around them, while ‘the world’ increasingly struggles to make sense of the ever-distant faithful?
Hat tip: BarrieJohn