Catholic Stuff You Should Know Bitcoin and Catholicism
Nov 21, 2025
Wyatt O'Rourke, founder of Basilica Financial and author of The Bitcoinization of Finance, joins the hosts to explore the intersection of Bitcoin and Catholicism. They discuss the morality of money from a Catholic perspective, highlighting how fiat currency often violates Catholic teachings. Wyatt explains Bitcoin's potential to protect assets from inflation and censorship, emphasizing its qualities as a new monetary technology. He also outlines practical steps for churches to adopt Bitcoin, advocating for grassroots education to empower communities.
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Fiat As An Immoral Ledger
- Fiat money is a ledger controlled by central authorities that can be expanded, causing silent theft via inflation.
- Wyatt argues this fractional-reserve, fiat system undermines honest market signals and personal agency.
Money Manipulation Breaks Market Truths
- Manipulating the money supply distorts every other market and forces risky, short-term behavior.
- Wyatt links these distortions to despair, poor decision-making, and undermined free will.
Bitcoin's Technical Monetary Case
- Bitcoin is presented as a decentralized, internet-native monetary protocol with a fixed 21 million supply.
- Wyatt lists durability, divisibility, portability, scarcity and verifiability as Bitcoin's money qualities.