The foundation of the Bible rests upon two covenants. The Hebrew word “testament” (diatheke) is better translated “covenant” or “contract.” The Old Testament is God’s covenant with Israel with Moses as mediator, but the New Testament is God’s covenant with Christians with Jesus as Mediator. Although we are now under a better covenant, the Old Testament is also Scripture (Heb. 8:6-13). As part of God’s Word, it is “profitable for teaching, reproof, correction and instruction in righteousness” (II Tim. 3:16-17).