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Moral Money

The Case for Bitcoin

In its early days, bitcoin was known as the currency of drug dealers and criminals of all stripes. Anarchists promoted it as a means to overthrow the government. In these illuminating pages, however, Crisis Magazine editor and author Eric Sammons asserts that bitcoin is the most moral money ever created and that it outshines our current economic system, which empowers the corrupt and corrupts the powerful.

The money system we use now, Sammons explains, is one that is deeply immoral. But because most people assume that our money is just a fixed part of our economic background, the morality of our modern form of money has rarely been challenged-until now.

In his trademark straightforward, accessible style, Sammons leaves no stone unturned in unpacking how our current form of money developed, and he offers a deep-dive look at why our government-issued money-also known as "fiat money"-is actually a devolution in the history of money. He logically demonstrates that bitcoin is the next step in money, one that overcomes the deficiencies inherent in fiat money. He reveals:

Eight principles to consider when evaluating the morality of forms of money
Seven properties necessary for something to be considered good money
The inherent spiritual dangers and grave injustice behind fiat money
How rising inflation and massive debt creates financial nihilism among the young
How bitcoin is an advancement beyond both fiat money and gold
Why bitcoin is unique among all cryptocurrencies

Sammons further lays out what bitcoin is, how it is designed and operates, and how to safely purchase and hold it, incisively arguing that it is the most efficacious form of money while quelling numerous misconceptions. He demonstrates that, unlike government-controlled money, bitcoin gives people true financial freedom, even in economically troubled times or under oppressive and totalitarian governments. In a time when more and more people are drowning in a sea of high inflation and debt and suffering under restrictions on their freedom, bitcoin provides a bright ray of hope for the future, both for individuals and for nations.

Endorsements

"Examining money through a moral lens, he articulates how our current fiat system systematically undermines human flourishing while eroding purchasing power, favoring the elite over the poor, and incentivizing shortsighted consumption patterns. Money itself is not a typical topic of discussion among Christians, but Christians should be the first to understand and appreciate the ill effects of immoral money. Unfortunately, we’ve been late to the game. That is changing with Sammons’s important primer on ‘the most moral form of money in human history.’”

Andrew Flattery, CFP® Principal, Flattery Wealth Management

"If we truly seek to stop the seemingly never-ending conflicts that plague our world, we must strike at the root cause: our corrupt monetary system. This book is a must-read for anyone who values peace, sound money, and a more stable future for generations to come. It also serves as an excellent primer for those seeking an understanding of what bitcoin is.”

Dave DeCamp News Editor, Antiwar.com

“Bitcoin is a revolutionary invention that is changing the world for the better, yet so few people understand it, let alone use it. That’s a shame because, as Eric Sammons lucidly explains in Moral Money, bitcoin’s properties make it the best sound money that the world has ever seen, providing a way to end the injustice and evil rampant in our centrally controlled, fiat-currency monetary systems.”

Devin Rose Author, The Fiefdom Chronicles series and Lionheart Catholic

"Into this shadowy thicket, Eric Sammons shines a bright light. He illuminates both the function and nature of money and makes a persuasive case that bitcoin is both morally and financially superior to the currencies controlled by all modern states. Let’s hope this book provokes a serious debate among serious Christians. Our future well-being may depend on it.”

Jay W. Richards Author, Money, Greed, and God: The Christian Case for Free Enterprise

In Moral Money, Eric Sammons explains how the type of money we use has profound moral implications, examining bitcoin through both economic and moral principles to show how it stands apart from debased fiat currencies and the wild west of other cryptocurrencies as a morally sound alternative for the future.

Michael Goldstein, aka “Bitstein,” Founder and President, Satoshi Nakamoto Institute

"I encourage those who reject all of ‘crypto’ to jump to the chapter on objections and those who embrace all of ‘crypto’ to skip to the chapter on other cryptocurrencies. Written by a real bitcoiner and complete with practical advice, Moral Money is a book you can confidently share with friends, family, and clergy.”

Pierre Rochard Cofounder, Satoshi Nakamoto Institute