We were redeemed, or bought back, from our old, evil, ungodly ways of living, from the grip of Satan, from the condemnation of sin, and from being open to the attacks of the devourer and the destroyer. But how were we bought back?
Knowing that you were not redeemed with corruptible things, like silver or gold, from your aimless conduct re-ceived by tradition from your fathers, but with the precious blood of Christ, as of a lamb without blemish and without spot. (1 Peter 1:18–19)
We are redeemed by the precious blood of Jesus Christ—without blemish, without original sin; without spot, without personal sin—the sinless Lamb of God who took away the sins of the world. It is only through His blood that we are redeemed. There was no other amount that could pay the price to purchase our redemption.