Christ was the ransom
The thought that the death of Jesus and His shed blood were somehow the ransom price paid to redeem lost sinners from an eternal prison in hell has been a stumbling block to many of those very sinners. Yet that is the teaching of Scripture, whether it appeals to their reasonings or not. “Ye know that ye were not redeemed with corruptible things, as silver and gold. . . . But with the precious blood of Christ” (1 Peter 1:18-19). In the Old Testament economy, ransoms were paid for various reasons, such as freeing slaves. The last use of “ransom” in the Old Testament, however, seems to foreshadow the New Testament concept. “I will ransom them from the power of the grave; I will redeem them from death” (Hosea 13:14).
But to whom was the ransom of Christ to be paid? Not to the devil, of course, or to any human king. It can only have been paid to God Himself, for He had set “the wages of sin” to be “death” (Romans 6:23). For a time, these wages had been paid in part “by the blood of goats and calves” offered on the altar as a temporary covering for sins. But that was only until the true ransom could be paid. “How much more shall the blood of Christ, who . . . offered himself without spot to God, purge your conscience from dead works to serve the living God?” (Hebrews 9:14).
Such a sacrifice was not foolishness as the scoffer claims, but “the power of God, and the wisdom of God” (1 Corinthians 1:24). “For there is one God, and one mediator between God and men, the man Christ Jesus; Who gave himself a ransom for all, to be testified in due time” (1 Timothy 2:5-6). Praise God—the ransom has been paid and we have been redeemed!