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Ten Minute Bible Talks Devotional Bible Study

The Path to Glory | Advent | Luke 1:39-56

Ten Minute Bible Talks Devotional Bible Study

Ten Minute Bible Talks

Religion & Spirituality, Spirituality, Health & Fitness, Christianity, Mental Health

4.81.1K Ratings

🗓️ 15 December 2022

⏱️ 8 minutes

🧾️ Download transcript

Summary

How do you achieve the good life? What makes God's kingdom different than kingdoms of the world? Is the American dream biblical? In today's episode, Patrick shares from Luke 1:39-56 to contrast the American way with God's way. Like this content? Make sure to leave us a rating and share it with others, so others can find it too. Use #asktmbt to connect with us, ask questions, and suggest topics. We'd love to hear from you! To learn more, visit our website and follow us on Instagram, Facebook, and Twitter@TenMinuteBibleTalks. Don't forget to subscribe to the TMBT Newsletter here. Passages: Luke 1:39-56 Your support makes TMBT possible. Ten Minute Bible Talks is a crowd-funded project. Join the TMBTeam to reach more people with the Bible. Give now.

Transcript

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0:00.0

Welcome to 10 minute Bible Talks, where we connect the Bible to your life in the time it takes to get to work.

0:10.5

I'm Patrick Miller. Sam Bankman-Fried's life has turned from riches to rags,

0:17.5

kind of the opposite of the normal story, right? As the CEO of the

0:21.0

cryptocurrency exchange FTX, he reached a peak value of $26 billion.

0:28.6

But after FTX's cryptocurrency crashed, Sam resigned and FTX declared bankruptcy and now he's left

0:35.2

with only a measly 991 million dollars. Okay, maybe this actually isn't

0:41.4

riches to rags,

0:42.6

it's just riches to less riches.

0:44.2

Anyways, let's keep going.

0:45.4

But the entire disaster, it happened because

0:47.9

Sam Bateman fried was transferring funds out of FTX

0:52.0

into Alameda research, and that was a cryptocurrency

0:55.0

trading firm that specialized in arbitrage but in the end it just lost

0:59.5

enormous amounts of cash and it turns out that Sam was transferring not only his own capital,

1:05.6

but the capital of people trusting FTX to hold their

1:08.5

cryptocurrency for them.

1:10.1

He was transferring it all over to Alameda Research and then that result was that both companies folded and people lost billions of dollars.

1:19.0

So some would say that Sam defrauded these people.

1:22.0

Others would just say that Sam was terribly

1:24.7

negligent, but not criminally negligent. Others would say that the only reason Sam Bankman

1:30.3

Fried hasn't been prosecuted is because he gave a ton of money to political figures.

1:35.6

Well, I guess I don't know what's really true. I'm not an expert in any of these things.

...

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