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  • John Kim

"HODL"ing the Holy Spirit

Genesis 25:34 “Then Jacob gave Esau some bread and some lentil stew. He ate and drank, and then got up and left. So Esau despised his birthright.” Yesterday my friend Brooks sent me a podcast from our friends at Faith Driven Investor. They had Jimmy Song on discussing the spiritual perspective of Bitcoin. https://www.faithdriveninvestor.org/podcast-inventory/episode-63-thank-god-for-bitcoin-with-jimmy-song I paraphrase… “Esau had what we call in bitcoin, a high time preference. He was very impatient and didn’t have much prudence. Jacob had low time preference. He was willing to wait. He was prudent. He was wise. And that’s what I wanted to point out with bitcoin. There’s an ethic of willing to wait because bitcoin is very volatile. It does churn your stomach. There’s a lot of emotional disturbance in the price going up and down that you that you kind of have to go through and a lot of people simply can’t take. So for a lot of people, they would rather live more like Esau. Who cares about my estate? That’s like 30 years from now. I’d rather have the soup now. Rather than like Jacob who says I’ll forgo the soup now but that means that I get this huge treasure later. To me that’s at the heart of what both bitcoin and Christianity are about. Our God promises us treasures in heaven doing the things that aren’t necessarily rewarded in this life. For me that’s the ultimate in low time preference behavior.” Last night we had some of the most volatile moves we’ve seen in crypto, and I’m continually amazed at the unwavering faith the community has in good times and bad. Perhaps we as believers can take a page from their playbook as we weather our own storms. Lord, I wanna HODL the Holy Spirit in my life. In the crazy ups and downs that this world throws at me, I have unwavering faith that you have a plan. You are a good God, and I can’t wait to see what you have in store. In Jesus’ name, Amen.

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