You can find this image at Joel Watts’ Unsettled Christianity and James McGrath’s Exploring Our Matrix. Both use it to make the point that anyone who believes that the Bible is the word of God is engaged in circular logic. Here’s how they arrive at that conclusion, albeit unwittingly:
P1: The only possible way someone could believe that the Bible is the word of God is through circular reasoning. (That’s the point of this graphic that they’re using.)
P2: Anyone who denies that the Bible is the word of God cannot be engaged in circular reasoning. (“And besides, the Bible is not the word of God,” they would say.)
C: Therefore, whenever we hear of someone believing that the Bible is the word of God, we know that he is engaged in circular reasoning.
Thus Joel and James are practicing circular reasoning – the very way of thinking they are condemning in others.
Therefore, I encourage you to ignore their hypocrisy and trust the Bible.