In Matthew 18:18-20, Jesus speaks to his disciples about the concept of binding and loosing. He tells them that whatever they bind on earth will be bound in heaven, and whatever they loose on earth will be loosed in heaven. This shows the authority that believers have to make decisions that align with God's will. Jesus also emphasizes the power of prayer and unity, stating that where two or three gather in His name, He is there with them.

This passage is important because it highlights the responsibility that believers have to exercise discernment and make decisions that reflect God's principles. It also underscores the significance of coming together in prayer and unity to seek God's guidance and presence. A helpful daily application for readers is to seek the wisdom of the Holy Spirit in making decisions and to pray for unity and harmony in relationships with other believers. This passage is also found in the gospel of John 20:23 and has a similar message about the authority given to believers in matters of forgiveness and discernment.