BitCoin’s Got Talents
HODLing is “sinful”; what is investing?
Dedicated to: My father, Robert Stanley Pitts (Jan 14, 1932), who was always grinding like a servant #2 and was born and died in an economic bottom, and Robert Stanley Pitts Jr, a “servant #1 who’s consistently deploying ALL his talents, and Rich Barton another servant #2 who became a servant #1 via his brainchild Expedia which was my first investment in the internet, Q1 2001.
It took me over 40 years to learn the REAL message of “The Parable of the Talents”. It is one of our ancestors’ greatest lessons, and we should all learn it early — but in a way that makes sense to a MODERN audience. This article is an attempt to modernize the story, elaborate on it in more depth, and it also serves as a reminder to myself and my children of the power of using ALL your talents — particularly your excess capital & time. If you don’t know the parable, you should definitely read it now — here’s an excerpt highlighting the main lesson in it:
“Well done, good and faithful servant (#1). You have been faithful over a little; I will set you over much. Enter into the joy of your master. For to everyone who has, will more be given, and he will have abundance.” — Matthew 25: 14–30 [0]
[0] https://www.biblegateway.com/passage/?search=Matthew%2025%3A14-30&version=ESV
This line in the quote above was said to both servant #1 and servant #2, billed as the “good servants”, who invested Master’s capital of 5 and 2 TALENTS [0] (of silver) respectively, during Master’s 3-year trip away from his manor. “Saucy” servant #3, on the other hand, BURIED his 1 talent, and therefore impossible to double-up his investment. For returning only exactly the amount his Master had given him, servant #3 was tarred and feathered and cast into Israel’s version of hell!
“And cast the worthless servant (#3) into the outer darkness. In that place there will be weeping and gnashing of teeth.” — The Master
For Christian children, it’s a quick lesson:
‘Don’t waste your God-given TALENTS’
This is a very old message. The etymology of our modern use of the word “talent” even likely stems from J.C.’s [2] message to his apostles. There’s just one problem…
