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Start2018-07-11T06:43:52+00:00

OUR VALUES

This is what we do

Give to charity in abundance

We fund sponsorships for an increasing number of orphans, creating opportunities for them to thrive in Christ-centered family environments.

“Pure and undefiled religion is to care for orphans and widows in their distress, and to keep oneself from being polluted by the world.”

~James 1:27

Help find cures for diseases

Our ‘BiblePay Researchers’ use Distributed Computing to assist in fighting diseases like cancer and HIV/AIDS.

“And do not forget to do good and to share with others, for with such sacrifices God is pleased.”

~Hebrews 13:16

Share the Gospel of Jesus

Cutting-edge blockchain technology has given us new ways to spread the Gospel worldwide.

And He said to them, “Go into all the world and preach the gospel to all creation.”

~Mark 16:15

Provide a rewarding investment opportunity

BiblePay has its own environmentally conscious deflationary currency. It is proving to be both a charitable and profitable investment, plus a sensible hedge against inflation.

The plans of the diligent lead to profit as surely as haste leads to poverty.”

~Proverbs 21:5

THIS IS HOW WE DO IT

Unleashing the power of the blockchain

A blockchain is a public digital ledger in which transactions are recorded. It is quite literally a chain of blocks, with – broadly speaking – each block containing the transactions made during a certain time frame. New blocks are continually being added to the chain in an extremely tamper-resistant way. Blockchain technology has given people the ability to transfer money – cryptocurrency – all over the world. This is done in a fast and secure manner without the need for third parties such as banks or governments.

The importance of the blockchain isn’t limited to the transfer of money. People are constantly finding new ways in which to use the unique and immutable properties of the blockchain, and a lot resources are available for people who want to learn more. The blockchain is gaining momentum globally, and BiblePay is riding the crest of its wave.

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BiblePay Researchers

GIVE TO CHARITY IN ABUNDANCE

Cryptocurrency isn’t created with the snap of a finger: it takes a lot effort. A blockchain grows slowly with one block at a time. In the case of BiblePay, a new block is being added every 7 minutes.

In most cryptocurrencies – BiblePay included – these blocks are created with a process called mining. One of the purposes of mining is to verify transactions and then add them to the blockchain in an immutable way.

The people who do this are called miners. These miners all compete to solve difficult mathematical problems. Solving a problem takes a lot of computing-power. The more computing-power a miner has, the greater their chance of solving the problem. The miner who solves the problem is rewarded with newly created coins, and is given the privilege of adding the next block to the blockchain.

As you can see, the blockchain is used to create new coins. The BiblePay coin is called BBP. BiblePay is unique in that 10% of all newly created coins go directly to charity! BiblePay also has an advanced blockchain-based voting system in place. This system allows our community to choose specific charities and decide how much goes to each charity. You can find the charities we are currently partnered with here.

 

HELP FIND CURES FOR DISEASES

The creation of cryptocurrency requires a lot of computing power. Unfortunately the electrical energy used to process most cryptocurrencies is essentially wasted on solving mathmatical problems that offer little or no value to society.

BiblePay takes a completely different approach. Instead of wasting energy that essentially just generates heat, most of our computing resources are used in research projects focused on finding cures for diseases. This energy-efficient method is respectful to the environment. Even more, it helps provide hope to people all around the world.

When you participate as a ‘BiblePay Researcher’ you get BiblePay coins (BBP) based on the amount of research you do. This BBP is created in a block, but instead of being in the standard 7-minute block it is included in a daily ‘superblock’ that is distributed to researchers. You can click here for details of how this works.

 

SHARE THE GOSPEL OF JESUS

Most people that actively participate in our community have a digital wallet in which they store their BBP. A wallet is an App installed on a device such as a computer or smartphone. Each wallet in the BiblePay network has its own copy of the blockchain. Because of this, every single wallet can audit all others. These audits ensure that the blockchain ledger is so immutable that it doesn’t need a third party like a bank to securely track the flow of transactions.

BiblePay has implemented novel ways to spread the Gospel. For instance, we have encoded the entire KJV Bible into our software. This means that every BiblePay user has access to the Bible right from their wallet. Also, the wallet displays a Bible verse with every transaction you do.

There are also other implementations right inside the wallet, like asking others to pray with you or documenting repentance for your sins. More in-wallet features are being developed, such as writing letters to the orphans we sponsor.

Being a self-funding cryptocurrency provides us with even more ways to spread the Gospel. For instance, we can use our BiblePay coin (BBP) to incentivize people to learn more about Christianity. For example, we have Gospel Links that you can navigate to learn about Christianity and at the same time earn some BBP. We also have BiblePay University, which allows you to take quizzes about Christianity while earning BBP. All-in-all, there is a lot of potential and a lot of development going on.

PROVIDE A REWARDING INVESTMENT OPPORTUNITY

The cryptocurrency market is growing at an amazing pace and has the potential to change many lives for the better. BiblePay is doing that by donating one out of every ten coins to charities, generating massive amounts of computing power to aid researchers in finding cures for diseases, and spreading the Gospel of Jesus through a variety of effective avenues.

And while BiblePay is clearly about much more than just making money, there are several high-potential opportunities available for investors who want to participate.

The first opportunity involves simply the purchase of BBP to hold as an investment, typically for the long term. The cryptocurrency world is in its stage of infancy, and as an emerging market, substantial returns are likely to be realized in the years ahead. BBP can be purchased at several exchanges and kept in a secure digital wallet directly on your computer or other smart device.

The second opportunity is found in buying a Masternode, or what BiblePay commonly refers to as a Sanctuary. This investment requires the ownership of 1.55M BBP. It gives an investor – among other things – the right to vote on our budget. For information about the ROI – (Return On Investment) visit BiblePay-Central.org.

A third opportunity for investing in BiblePay is in mining. Mining BBP requires installing BiblePay software on personal computers, servers or other digital devices. While many novices mine cryptocurrency successfully on numerous devices, a larger scale mining operation is typically operated by people who have more experience and technical expertise.

Any investment in BBP is a hedge against inflation. As you likely know, most currency is inflationary. More and more new money is printed throughout the years, and the value of each available coin becomes worth less. A loaf of bread might have cost 1.70 USD a decade ago, but in 2018 it costs 2.50 USD.

BiblePay takes a different approach. While new currency is being created with every block, the amount created is reduced by 1.5% each month, or about 19.5% per year compounded. This restriction on the inflow of new BBP aims to ensure that the value of each coin actually deflates in time. As a result, an investment in BiblePay is a hedge against currencies that are inflationary.

OUR CHARITIES

OUR VISION

We are a community that wants to share God’s Love with the world. BiblePay aims to be a generous and caring family which adheres to Jesus’ loving teachings.

Our values and actions are clear. We give to charity in abundance, help researchers find cures for diseases, share the Gospel, and provide a rewarding investment

Our hope and faith is in God. We trust that our humble beginnings will grow in a worldwide effort that will share knowledge and bring more fairness into this world.

The BiblePay community is open to everyone, and we invite you to become part of it!

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