Frankincense and myrrh were valuable commodities two thousand years ago. Today, magicians would likely replace the two botanicals with one or more types of our latest commodity: cryptocurrency

The 6 January is the traditional Christian feast of Revelation, or Epiphany, on which the Bible says that the Three Wise Men presented gifts of gold, frankincense, and myrrh to the Infant Jesus and his family

For those who might be wondering, frankincense and myrrh are made from trees and shrubs belonging to the Boswellia and Commiphora families that are native to the countries the magicians likely traveled from, the Arabian and Northeast African peninsulas at the time they were the birth of Jesus urgently needed and valuable vegetable goods

Interestingly, it is not known how many magicians there actually were, nor their exact origins In a single passage from the Bible (Mt 2:11), however, three gifts are listed that come from the collective treasure of the magicians: gold, frankincense, and myrrh. The young family, the object of the magicians’ generosity, probably used the gifts when they followed Fled Egypt, where they allegedly remained as political refugees for three years or more

The use of gold as currency and store of value has not changed significantly in the past two millennia, and any family hiding from political persecution in a hostile foreign country would still be happy to have some gold available today have

But frankincense and myrrh, valued at the time as medicines, religious ritual ingredients, and even embalming ingredients, have now been used almost entirely for alternative medicinal purposes. They could be a little help to a modern family, but not much

What would a group of sages, scholars, kings, or whoever the magicians actually have been, give to a young couple with a newborn in 2021?

If you want to leave something to a meager young family with whom you have only a passing acquaintance, a little gold would certainly go a long way.But knowing that the same family will soon be traveling to unknown territories (them would necessarily have to leave the almost miserable conditions in which they were found), one might want to give them something valuable that can be used anywhere without question and possibly “under the radar” as currency to get food, shelter and other necessities Cryptocurrency fits perfectly with the bill Bitcoin, Ethereum, Tether, Litecoin, Ripple, etc., etc, make your choice some or all will do it

In 2021, with nothing but a bit of gold and a cryptocurrency given to them by a mysterious group of distinguished benefactors of migrants, a family of three could leave for a new country, hostile or friendly, and survive quite well around it to enable them to eventually fulfill the real purpose of their lives

I am a commodities-focused entrepreneur with over three decades of experience in the physical and derivative energy and agricultural commodities markets

Epiphany 2021

World news – CA – Epiphany 2021: Frankincense and myrrh are outside, gold and crypto are inside