At Chalcedon, Pope St Leo the Great was the one who drafted the main document, the Tome, and it was widely hailed by the bishops in attendance as masterful defense of orthodoxy. Pope Leo the Great's authoritative role at the council exemplifies the recognition of Roman Supremacy. His "Tome" was accepted as a standard of orthodoxy, and his legates presided over the council, affirming the pope's authority . To Quote Session II of the Acts of the Council records:
βAfter the reading of the foregoing epistle [The Tome of Leo], the most reverend bishops cried out: βThis is the faith of the fathers! This is the faith of the apostles! So we all believe! Thus the orthodox believe! Anathema to him who does not thus believe! Peter has spoken thus through Leo! . . . This is the true faith! Those of us who are orthodox thus believe! This is the faith of the Fathers!ββ (Acts of the Council, session 2 [A.D. 451]).
At Chalcedon, Pope St Leo the Great was the one who drafted the main document, the Tome, and it was widely hailed by the bishops in attendance as masterful defense of orthodoxy. Pope Leo the Great's authoritative role at the council exemplifies the recognition of Roman Supremacy. His "Tome" was accepted as a standard of orthodoxy, and his legates presided over the council, affirming the pope's authority . To Quote Session II of the Acts of the Council records:
βAfter the reading of the foregoing epistle [The Tome of Leo], the most reverend bishops cried out: βThis is the faith of the fathers! This is the faith of the apostles! So we all believe! Thus the orthodox believe! Anathema to him who does not thus believe! Peter has spoken thus through Leo! . . . This is the true faith! Those of us who are orthodox thus believe! This is the faith of the Fathers!ββ (Acts of the Council, session 2 [A.D. 451]).
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Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.
How to Invest in Bitcoin?
Like a stock, you can buy and hold Bitcoin as an investment. You can even now do so in special retirement accounts called Bitcoin IRAs. No matter where you choose to hold your Bitcoin, peopleβs philosophies on how to invest it vary: Some buy and hold long term, some buy and aim to sell after a price rally, and others bet on its price decreasing. Bitcoinβs price over time has experienced big price swings, going as low as $5,165 and as high as $28,990 in 2020 alone. βI think in some places, people might be using Bitcoin to pay for things, but the truth is that itβs an asset that looks like itβs going to be increasing in value relatively quickly for some time,β Marquez says. βSo why would you sell something thatβs going to be worth so much more next year than it is today? The majority of people that hold it are long-term investors.β
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