Posts tagged with: Gregory Alan Thornbury

tkc1Christians colleges aren’t usually known for being on the cutting-edge of technology. But The King’s College, an evangelical college located in New York City, is leading the way by becoming the first accredited college in the United States to accept Bitcoin for tuition and other expenses:

“The King’s College seeks to transform society by preparing students for careers in which they help to shape and eventually to lead strategic public and private institutions. Allowing Bitcoin to be used to pay for a King’s education decreases our costs while simultaneously allowing our students to be a part of this exciting new technology,” said Dr. Gregory Alan Thornbury, President of The King’s College.

Coin.co CEO Brendan Diaz added, “Over the past year, the Coin.co team has led the effort to enable U.S. colleges, universities and other major institutions to accept Bitcoin without incurring any currency risk. Coin.co is proud to be working with The King’s College, and to be a part of pioneering the use of Bitcoin for education.”

Before commenting on their adoption of cryptocurrency for tuition, let me express my admiration for TKC. I’m a fan of the school’s president, Dr. Gregory Alan Thornbury, and our friend and Acton contributor Dr. Anthony Bradley, who is a professor of theology and ethics at the school. I applaud the college for being savvy enough to accept Bitcoins—and would advise students to be savvy enough not to pay their tuition with them.

The reason, as I’ve pointed out before, is that Bitcoins are no longer completely fungible.

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Blog author: jcarter
Thursday, October 10, 2013
By

revelation_churches“When you read the Book of Revelation,” says Gregory Alan Thornbury, president of The King’s College, “it’s about not giving in to tyranny when it comes to economics. I don’t know why we don’t talk about that in church.” In an interview with Jerry Bowyer at Forbes, Thornbury expounds on how the revelation to St. John is a precursor to the idea that F. A. Hayek later would call “The Fatal Conceit.”

Jerry: Should a Christian be a Hayekian? Do you see overlap there?

Dr. Thornbury: I definitely see overlap for this reason: I think that when you study the texts of particularly the New Testament, although it has its origins in the Mosaic Law, I think what you see there is the seedbed of freedom of conscience. You see democratic religion in the pages of the New Testament. So whereas some people in Acts chapter 5 see some kind of nascent socialism, actually what you’re seeing is free people electing to gather together in solidarity around key principles and ideals and goals, and the people who joined in that were people like Lydia. There was a mercantile aspect to the early Christian movement. When I read Hayek and I see his argument for the link between private property and freedom, I see a direct line going all the way back to those pages of the New Testament, because what the Apostle Paul and others were representing was an alternative to totalitarianism. When you look at the Apostle John – and whatever else you think the Book of Revelation says about the future—what it definitely was, was the greatest political protest letter ever penned in the history of the world, because he was saying, “The state has no business telling us how we should govern our own life together.” And when I say “society” or “culture”, here’s how I’m defining that, Jerry: I take a nineteenth century definition by Johann Herder, who many recognize as the founding father of modern sociology. He said, “Culture is the lifeblood of a civilization. It’s the flow of moral energy that keeps a society intact.” So, when I see Hayek talking about making sure that we stay free of tyranny, I see the entailments of that going all the way back to the emperor and Domitian and the Apostle John.

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