049 Hurdle Rate: The Number No One is Talking About

050 Unique Way to Buy Bitcoin | Interview with Sovana CEO Sanjay Mavinkurve

Have a question or comment for us? Email us at ⁠bitcoinreformationpodcast@gmail.com⁠ [bitcoinreformationpodcast@gmail.com] Visit sovana.io [http://sovana.io/] On the Bitcoin Reformation podcast, two pastors interview Sanjay Mavin Kurve, co-founder and CEO of Sovana (sovana.io [http://sovana.io/]), about a new Bitcoin-related product that lets property owners tap home equity for Bitcoin exposure without monthly or upfront payments. Sanjay shares his background in computer science, nearly two decades at Google (including work on Google Maps), discovering Bitcoin in 2012, and how experiences with inflation in India shaped his interest in hard assets. He explains Sovana’s structure: Sovana buys Bitcoin in a segregated account for up to five years (customer can end anytime), profits are split 50/50, but the customer covers all downside, secured by a lien on the home. They discuss “don’t trust, verify,” Bitcoin evangelism, housing affordability, why the term shifted from 10 years to 5, and future plans like responsible borrowing and custody. 01:48 Sanjay’s Google Journey 03:12 Discovering Bitcoin in 2012 08:53 Bitcoin Evangelism and Faith 12:13 Why Smart People Dismiss Bitcoin 18:40 Housing Struggles and Mortgages 22:37 From Google to Sovana 25:15 Sovana Explained No Monthly Payments 28:05 Upside Split Downside Risk 30:52 Why Five Years Matters 34:57 Capital Partners Safety Net 38:52 How the Lien Works 47:42 Who Uses the Product 51:27 Future Products Roadmap 53:53 Team and Sovana Calculator The Bitcoin Reformation Podcast and all related content, including but not limited to audio recordings, social media posts, show notes, and supplementary materials, are produced for general informational and educational purposes only. Neither Ben Haupt, David Rufner, Jared Townley nor any guests, employees, or affiliates of the Podcast are licensed financial advisors, registered investment advisors, brokers, or dealers. The views, information, and opinions expressed in this Podcast: 1. Do not constitute financial, investment, legal, or tax advice 2. Are not an offer to buy or sell any cryptocurrency, security, or financial instrument 3. May not be suitable for your individual circumstances 4. May be subject to change without notice Past performance of any asset, including but not limited to Bitcoin and other cryptocurrencies, is not indicative of future results. All investments carry risk, and you may lose all or part of your investment. While we approach discussions through the lens of Lutheran Church Missouri Synod teachings on stewardship, our content should not be your sole basis for making any financial or investment decisions. We strongly encourage all listeners to: * Conduct thorough independent research * Seek guidance from qualified financial, investment, tax, and legal professionals * Exercise due diligence before making any investment decisions * Consider their risk tolerance, financial circumstances, and investment objectives By accessing our content, you acknowledge that the Bitcoin Reformation Podcast and all associated parties shall not be liable for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with: 1. Your use of or reliance on information from the Podcast 2. Any investment decisions you make based on Podcast content 3. Any errors or omissions in the content For specific investment advice tailored to your situation, please consult with qualified professionals who can evaluate your individual circumstances. Keywords: #lutheran #bitcoin #pastor #finance #ChristianFinance #Bitcoin

049 Hurdle Rate: The Number No One is Talking About

Have a question or comment for us? Email us at ⁠bitcoinreformationpodcast@gmail.com⁠ [bitcoinreformationpodcast@gmail.com] Welcome back to the Bitcoin Reformation Podcast - where three LCMS pastors talk about their love for Jesus and Bitcoin. This week on the podcast, they introduce the “hurdle rate” as the rising bar households must clear as inflation and cost of living increase, criticizing CPI “basket” changes and noting gas and housing pressures. Using housing appreciation and money-supply expansion as examples, they argue fiat money printing raises prices and forces people further out on the risk curve (from gambling/prediction markets to stocks). They discuss saving options like bonds, the S&P 500, Bitcoin’s long-term performance despite volatility, and MicroStrategy’s STRC (“Stretch”) preferred stock paying about 11.5% as a way to clear inflation with less volatility. 09:46 Hurdle Rate Explained 25:14 Stimulus And Inflation 28:31 Why Saving Fails 30:04 Risk Curve And Gambling 33:43 Saving For A Home 35:37 Bonds Stocks Bitcoin 37:35 Bitcoin Volatility Window 45:02 Banks Adopting Stretch 47:54 Bitcoin As Education 52:58 Jesus The Hurdler The Bitcoin Reformation Podcast and all related content, including but not limited to audio recordings, social media posts, show notes, and supplementary materials, are produced for general informational and educational purposes only. Neither Ben Haupt, David Rufner, Jared Townley nor any guests, employees, or affiliates of the Podcast are licensed financial advisors, registered investment advisors, brokers, or dealers. The views, information, and opinions expressed in this Podcast: 1. Do not constitute financial, investment, legal, or tax advice 2. Are not an offer to buy or sell any cryptocurrency, security, or financial instrument 3. May not be suitable for your individual circumstances 4. May be subject to change without notice Past performance of any asset, including but not limited to Bitcoin and other cryptocurrencies, is not indicative of future results. All investments carry risk, and you may lose all or part of your investment. While we approach discussions through the lens of Lutheran Church Missouri Synod teachings on stewardship, our content should not be your sole basis for making any financial or investment decisions. We strongly encourage all listeners to: * Conduct thorough independent research * Seek guidance from qualified financial, investment, tax, and legal professionals * Exercise due diligence before making any investment decisions * Consider their risk tolerance, financial circumstances, and investment objectives By accessing our content, you acknowledge that the Bitcoin Reformation Podcast and all associated parties shall not be liable for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with: 1. Your use of or reliance on information from the Podcast 2. Any investment decisions you make based on Podcast content 3. Any errors or omissions in the content For specific investment advice tailored to your situation, please consult with qualified professionals who can evaluate your individual circumstances. Keywords: #lutheran #bitcoin #pastor #finance #ChristianFinance #BitcoinReformation #Reformation #ThinkOfBitcoin #BetterMoneyBetterWorld #FixTheMoney #BTC

048 Confusion About Stewardship: Money, Idols, and Living in a Received World (with Bitcoin)

Have a question or comment for us? Email us at ⁠bitcoinreformationpodcast@gmail.com⁠ [bitcoinreformationpodcast@gmail.com] Two Christian pastors on the Bitcoin Reformation Podcast share life updates—post-Easter busyness, kids’ stories, family visits, a missed Mount Whitney permit, college graduation plans, a Europe trip funded partly by Bitcoin savings, and a son’s baseball home run—before shifting to a faith-focused discussion on stewardship. They frame the world as “received,” emphasizing that stewardship is about far more than money: time, talents, relationships, and even children as gifts from God. They challenge the idea that God wants people’s money, arguing God wants hearts and warning that mammon is a pervasive idol measured by fear, love, and trust. They connect this to Bitcoin through love of neighbor and Bitcoin’s fixed rules and limits, and they address the myth “I have nothing to give,” stressing that presence, prayer, and community are real gifts, encouraging regular giving without tying it to earning God’s favor. 11:07 Stewardship Topic Intro 15:13 Received World Framework 20:48 Stewardship Beyond Money 23:10 Disarming Money Guilt 30:27 God Wants Your Heart 36:06 Giving as Safety 42:34 Saving Versus Hoarding 46:12 You Have Something to Give 49:41 Stewardship Beyond Dollars 53:07 Regular Giving and Grace The Bitcoin Reformation Podcast and all related content, including but not limited to audio recordings, social media posts, show notes, and supplementary materials, are produced for general informational and educational purposes only. Neither Ben Haupt, David Rufner, Jared Townley nor any guests, employees, or affiliates of the Podcast are licensed financial advisors, registered investment advisors, brokers, or dealers. The views, information, and opinions expressed in this Podcast: 1. Do not constitute financial, investment, legal, or tax advice 2. Are not an offer to buy or sell any cryptocurrency, security, or financial instrument 3. May not be suitable for your individual circumstances 4. May be subject to change without notice Past performance of any asset, including but not limited to Bitcoin and other cryptocurrencies, is not indicative of future results. All investments carry risk, and you may lose all or part of your investment. While we approach discussions through the lens of Lutheran Church Missouri Synod teachings on stewardship, our content should not be your sole basis for making any financial or investment decisions. We strongly encourage all listeners to: * Conduct thorough independent research * Seek guidance from qualified financial, investment, tax, and legal professionals * Exercise due diligence before making any investment decisions * Consider their risk tolerance, financial circumstances, and investment objectives By accessing our content, you acknowledge that the Bitcoin Reformation Podcast and all associated parties shall not be liable for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with: 1. Your use of or reliance on information from the Podcast 2. Any investment decisions you make based on Podcast content 3. Any errors or omissions in the content For specific investment advice tailored to your situation, please consult with qualified professionals who can evaluate your individual circumstances. Keywords: #lutheran #bitcoin #pastor #finance #ChristianFinance #BitcoinReformation #Reformation #ThinkOfBitcoin #BetterMoneyBetterWorld #FixTheMoney #BTC

047 Before the 2026 Bitcoin Conference

Have a question or comment for us? Email us at ⁠bitcoinreformationpodcast@gmail.com⁠ [bitcoinreformationpodcast@gmail.com] With the 2026 Bitcoin Conference in Las Vegas just around the corner in the last week of April, Jared Townley and David Rufner explore what they are hoping to see and hear about at the 2026 Bitcoin Conference. From price, quantum computing, political movement, and much more, this episode is a catch-all for the latest narratives in Bitcoin. 10:25 Bitcoin Conference Preview 17:13 Building Cycles and Adoption Shifts 19:55 Energy, Mining, and Human Flourishing 23:22 AI Data Centers and Bitcoin Narrative 32:04 Politics And Bitcoin Laws 37:58 Bitcoin For College Savings 41:26 Bitcoin Meets Housing Finance 48:02 Quantum Computing Risk Debate 53:23 Paying With Bitcoin IRL 58:02 Conference Wrap And Easter Hope The Bitcoin Reformation Podcast and all related content, including but not limited to audio recordings, social media posts, show notes, and supplementary materials, are produced for general informational and educational purposes only. Neither Ben Haupt, David Rufner, Jared Townley nor any guests, employees, or affiliates of the Podcast are licensed financial advisors, registered investment advisors, brokers, or dealers. The views, information, and opinions expressed in this Podcast: 1. Do not constitute financial, investment, legal, or tax advice 2. Are not an offer to buy or sell any cryptocurrency, security, or financial instrument 3. May not be suitable for your individual circumstances 4. May be subject to change without notice Past performance of any asset, including but not limited to Bitcoin and other cryptocurrencies, is not indicative of future results. All investments carry risk, and you may lose all or part of your investment. While we approach discussions through the lens of Lutheran Church Missouri Synod teachings on stewardship, our content should not be your sole basis for making any financial or investment decisions. We strongly encourage all listeners to: * Conduct thorough independent research * Seek guidance from qualified financial, investment, tax, and legal professionals * Exercise due diligence before making any investment decisions * Consider their risk tolerance, financial circumstances, and investment objectives By accessing our content, you acknowledge that the Bitcoin Reformation Podcast and all associated parties shall not be liable for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with: 1. Your use of or reliance on information from the Podcast 2. Any investment decisions you make based on Podcast content 3. Any errors or omissions in the content For specific investment advice tailored to your situation, please consult with qualified professionals who can evaluate your individual circumstances. Keywords: #lutheran #bitcoin #pastor #finance #ChristianFinance #BitcoinReformation #Reformation #ThinkOfBitcoin #BetterMoneyBetterWorld #FixTheMoney #BTC

046 What Actually Makes Good Money?

Have a question or comment for us? Email us at ⁠bitcoinreformationpodcast@gmail.com⁠ [bitcoinreformationpodcast@gmail.com] Find the image here: https://www.reddit.com/r/Bitcoin/comments/shotki/fidelity_compares_gold_vs_btc_vs_fiat_based_on/ [https://www.reddit.com/r/Bitcoin/comments/shotki/fidelity_compares_gold_vs_btc_vs_fiat_based_on/] David Rufner and Jared Townley, two pastors on the Bitcoin Reformation Podcast connect Holy Week reflections and Christian apologetics with a “back to basics” question: what makes good money. Using a chart of seven monetary qualities (durable, divisible, fungible, portable, verifiable, scarce, track record), they compare cows, gold, fiat currency, and Bitcoin. While not comprehensive, they lead us to consider why we might desire a different money than the current currency we use on a daily basis. 12:43 What Makes Good Money 16:49 Seven Money Properties 27:41 Testing the Cow Standard 35:31 Gold as Store Value 41:49 Gold Scarcity and Track Record 46:29 Fiat Fails at Saving 58:30 Bitcoin as Better Tool The Bitcoin Reformation Podcast and all related content, including but not limited to audio recordings, social media posts, show notes, and supplementary materials, are produced for general informational and educational purposes only. Neither Ben Haupt, David Rufner, Jared Townley nor any guests, employees, or affiliates of the Podcast are licensed financial advisors, registered investment advisors, brokers, or dealers. The views, information, and opinions expressed in this Podcast: 1. Do not constitute financial, investment, legal, or tax advice 2. Are not an offer to buy or sell any cryptocurrency, security, or financial instrument 3. May not be suitable for your individual circumstances 4. May be subject to change without notice Past performance of any asset, including but not limited to Bitcoin and other cryptocurrencies, is not indicative of future results. All investments carry risk, and you may lose all or part of your investment. While we approach discussions through the lens of Lutheran Church Missouri Synod teachings on stewardship, our content should not be your sole basis for making any financial or investment decisions. We strongly encourage all listeners to: * Conduct thorough independent research * Seek guidance from qualified financial, investment, tax, and legal professionals * Exercise due diligence before making any investment decisions * Consider their risk tolerance, financial circumstances, and investment objectives By accessing our content, you acknowledge that the Bitcoin Reformation Podcast and all associated parties shall not be liable for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with: 1. Your use of or reliance on information from the Podcast 2. Any investment decisions you make based on Podcast content 3. Any errors or omissions in the content For specific investment advice tailored to your situation, please consult with qualified professionals who can evaluate your individual circumstances. Keywords: #lutheran #bitcoin #pastor #finance #ChristianFinance #BitcoinReformation #Reformation #ThinkOfBitcoin #BetterMoneyBetterWorld #FixTheMoney #BTC