Lets look at how a madist interprets Christ's faith.
And that's the "faith of Christ." The basis for salvation.
The shed blood was for all the world...Jesus being the revelation of the righteousness of God. That's the grace of God. And yes, we gain access to that grace by faith. The children in Egypt were told to apply blood to the doorpost and the death angel would pass over. By faith, they applied the blood, but it was the blood that gave them life. Jesus is life...the Just shall live by faith. Jesus lived by faith, and He died by faith, and we can only live by His faith. His faith is constant, ours wavers and is weak. We don't live by our faith...thank the Lord. We live by His faith.
Now there are a lot of problems here. Faith to receive and live by is the same faith. To simply believe. Calvinists would agree with this, but they do not believe that salvation faith is possible until God first inserts it in us. The MADist believes the same, but with a very subtle twist. The initial faith appears to be initiated within the human will, and is immediately accepted and replaced with Christ's faith which is far more stable and can never fail. In other words, God initially acknowledges our useless, wavering, doubting, unstable faith, in order to get the sinner through the door, and from that moment on, only recognizes Jesus' faith which is imputed to the wavering unstable believer. This leaves the wavering flake to be assured that their faith is now redundant, and that God is now only concerned with Christ's faith imputed to them. Anyone who knows the MADists is familiar with what they're looking for in their gospel. Their shoddy useless faith supposedly gets them over the line, and Christ's faith removes the accountability. That's really what its about.
James 1:6-8
But let him ask in faith, with no doubting, for he who doubts is like a wave of the sea driven and tossed by the wind. For let not that man suppose that he will receive anything from the Lord; he is a double-minded man, unstable in all his ways.
Here wee see that it's useless coming to God with a wavering faith.
Galatians 2:20
I am crucified with Christ: nevertheless I live; yet not I, but Christ liveth in me: and the life which I now live in the flesh I live by the faith of the Son of God, who loved me, and gave himself for me.
Sounds great doesn't it?
However, Paul was talking about being driven by the need to preach the gospel and do those things which please him. Christ through the Spirit in him compels him. That's a little different to how the MADists accept it for themselves.
Galatians 2:16
Knowing that a man is not justified by the works of the law, but by the faith of Jesus Christ, even we have believed in Jesus Christ, that we might be justified by the faith of Christ, and not by the works of the law: for by the works of the law shall no flesh be justified.
We see the same here...Christ reconciled the world by His work on the cross (His faith), BUT, we must be reconciled (our faith in Christ).
Nope. The verse in the KJV says, and is interpreted as, being justified by the faith of Christ. This would completely remove any kind of faith we might possess. And this would be irresistible grace.