This is a short exhortation on the basis of our salvation. We tend to lose sight of the reason of things some times. So this is a reminder for the Believers in Christ of the basis of who they are now; and good news for Nonbelievers of who they can become.
The basis of our salvation in Christ is that Jesus took on Himself our sins, transgressions and iniquities. He bore the consequences of our offense. He became the perfect substitution for us.
“Surely He has borne our griefs And carried our sorrows; Yet we esteemed Him stricken, Smitten by God, and afflicted. But He was wounded for our transgressions, He was bruised for our iniquities; The chastisement for our peace was upon Him, And by His stripes we are healed” Isaiah 53:4-5.
“For when we were still without strength, in due time Christ died for the ungodly. For scarcely for a righteous man will one die; yet perhaps for a good man someone would even dare to die. But God demonstrates His own love toward us, in that while we were still sinners, Christ died for us. Much more then, having now been justified by His blood, we shall be saved from wrath through Him“
“For He made Him who knew no sin to be sin for us, that we might become the righteousness of God in Him“
II Corinthians 5:21.
God, The Father, put our sins and the consequences of our sins on the Son, Jesus Christ. It pleased The Father to bruise the Son (Isaiah 53:10) and He made Jesus to be sin so that we could become His righteousness. Jesus killed sin in His body, through death, for us; He fulfilled the requirements of the law concerning sin. “The wages of sin is death,” (Romans 6:23) so Christ died and in doing so, sin died with Him (Romans 6:5-6).
“And you, being dead in your trespasses and the uncircumcision of your flesh, He has made alive together with Him, having forgiven you all trespasses, having wiped out the handwriting of requirements that was against us, which was contrary to us. And He has taken it out of the way, having nailed it to the cross” Colossians 2:13-14.
The basis of our salvation is the death and resurrection of Jesus Christ. It is by His sacrifice that we have been made alive with Him. Without Jesus, we are still dead in our trespasses, without any hope of life. But in Christ Jesus, we have eternal life and have become the righteousness of God.