crypto Catholics Cryptocurrencies Catholics are looking at crypto with this new conference and the timing is right
With crypto winter still dominating headlines, many market participants are busy re-calibrating while learning about more grounded ideas. And that is precisely what the new Catholic Crypto Conference has in mind for its launch — bringing crypto experts and Catholic thought leaders together to encourage adoption, develop new ideas, and introduce new technologies to the Catholic community.
"This is the first initiative that is trying to introduce these new technologies to an ancient church," he said."The Church, for the most part, missed the internet. We were really eight to ten years behind the secular world. This is our attempt to ensure the Church does not miss this next technological wave."
"Central banking is shackling the economic potential of humanity. And Bitcoin is very important in the respect that it liberates us," Breedlove told Kitco News earlier this year."We've been trying to bootstrap ourselves out of economic scarcity for as long as we've been around." "We are going to release five separate white papers. We're not just making this a conference where we hear interesting ideas. We will come away with practical ideas on what the Church can do with these various technologies," Pinto said.
Last year, the Vatican called on the international community to regulate the crypto space, warning that cryptocurrencies are being used in the smuggling and exploitation of migrants and vulnerable persons. Since the U.S. dollar stopped being backed by gold in the early 1970s, the U.S. government has been able to print money at will, manipulating the dollar's value and negatively impacting the lower classes, the book’s thesis argued. Bitcoin is described by the authors as a decentralized and self-sustaining currency solution that is free of manipulation and limited to only 21 million bitcoins, which is designed to help prevent inflation.
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