Apr 8, 2020

This Easter reminds me of a passover long ago.

Over 3500 years ago the Lord commanded the Israelite in Egypt “...none of you shall go out of the door of his house until morning...”. 2000 years ago "John sees Jesus coming unto him, and says, Behold the Lamb of God, which taketh away the sin of the world." John 1:29
Today a lot of us are locked in our houses trying to figure out the meaning of life. Some would say, "We are self isolating trying to avoid getting the Corona Virus". I would say, Fear makes me think harder about the meaning of life". Are we alive just to watch Netflix? Realizing the truth about other people's lives is important, but realizing that we need a relationship with the Creator is crucial. Bible vs Netflix
My friend Daniel posted a picture about the moon he saw today and I couldn't help but wonder what the lighting was like when the Angel of Death roamed the streets of Egypt. Having just experienced 14 days of lock up, and now it looks like another 2 months of self isolation, a lot of intro-inspection can take place. Especially for someone like me who has a low time preference. Trying to plan for a recession is hard work. Besides, I keep thinking "is this really happening?"
Living on a farm you get to see His seasons more clearly. Sure I download the weather app but with so many bad hay bales in my hay shed I think should I believe more on what the horizon is telling me rather than some meteorologist? And that is how I am starting to live.
I get the best hard facts data I can and rely on that for important decisions. Other people might help me see what is coming, but it is up to me to know if I should cut the hay or, in a spiritual sense, believe that God whats us to help our neighbor.
The dream Nebuchadnezzar had about God's plan for the world has been running through my head. Especially the part of iron not mixing the clay. Will Italy, France and Germany really not get along? The hard part is figuring out how His Story (prophecy) affects my timeline today. I don't live in Europe so do I have to worry about how the French and the Italians get along? Nebuchadnezzar's Dream happened in 603 BC so understanding the prophetic implications via Daniel's 2603 year old eyes is hard for me to do. I have been relying on others like Bo to help me get this right.
From my perspective we have arrived at a period of time where morals are breaking down. The Canadian government thinks it can helicopter money into the economy without consequences. Justin even tried to print money without the House of Commons authorizing it. Renters don't have to rent anymore. Employees get free money and probably worst of all mortgages don't have to be paid. Sure I have been called a "Bitcoin Bozo" on Twitter, but this faith people have in government more than the Creator has got me baffled. To me it is now time for the season of Matthew 24:4 "Take heed that no man deceive you. 5 For many shall come in my name, saying, I am Christ; and shall deceive many."  So many of us throw out the baby with the bath water, ie. Don't bother to understand the truth. We must all learn to understand the seasons. We must learn to trust God and put our faith in Him and not in world leaders. May God pass over your household this Easter season. Keep your faith strong.

Mar 6, 2020

Affiliated Links

A lot of people think you have to spend a whole lot of money to get into Bitcoin.  This is not true. I have used 2 websites to give me $10 each a month in Bitcoin value. One is Fold on which I have 53,360 satoshis and the other Coinsquare which I have received 43,775 sats (see image). Getting 100,000 in satoshises might not seem like much, but hey it is $10 / month and if Bitcoin doubles in 1 year it is like another free golf game. Yes I am down here in California golfing. It costs me U$25 per game. I have a hard time paying that much to sink a white ball into a little hole.
Affiliate links works a lot like the click through links on the ads you see on this website (if you click on the ad and buy something I get paid --almost a dollar) except clicking on the link lets you know that I have tried out the service and thereby you should feel more comfortable trying it out also.
Come to think of it, I am not really happy with Coinsquare, even though they gave me $10; they took $100 in fees last month when I understood they wheren't going to charge me anything.

Feb 6, 2020

Understanding Bitcoin

Bitcoin ATM
The last few days I have spent educating people about Bitcoin. Basically, I am teaching the technically challenged about how Bitcoin works under the hood. My friend Ted says “There is too much misinformation out there.” If you head over to www.BadBitcoin.org you would almost have to agree with him. People like to get information from whomever they know so I will do this post. Social Media does help people learn, but people don’t want to take the time to learn something complicated or even teach something complicated unless they are learning from a friend. So, here is my contribution to the Internet so that Ted (whom I know irl) can understand bitcoin.
How do I acquire Bitcoin?
You work for it or sell something you own.
Why should I acquire Bitcoin?
You need to get some product or you want someone to work for you.
Is Bitcoin really that simple?
Yes! After plugging your Rasberry Pi4 onto the Internet, you download www.BTCpayserver.org. Make sure you have Layer 2 — the Lightingnetwork installed, so you don’t have to pay a lot for on chain transactions. Note: Bitcoin is limited to 5 transactions per second and if you want to guarantee that your transactions makes its way onto the next block you might have to pay a fee of more than 180 Satoshies. Then you make a segwit on-chain wallet either on your RasberryPi4 or on your cellphone (or both) making sure to write down your keys. Most people call them Private Keys because if you let anyone else know your 24 words your money might move to another wallet. You do have the option of making your wallet usable via 2 to 5 private keys. Bitcoin has been improving a lot thanks to the cyberpunks over at github.  

Only 30 million entities have bothered setting up a wallet because of a number of different reasons.

1. It is too hard.

That is a valued concern. I have been offering my time at 1 million Satoshies per hour (.01BTC or C$100), but now that Bitcoin is at C$13k per 1 BTC, I am thinking of lowering my wage. $130 / hour seems a little steap for some reason. I just solve computer problems I am not a C+ / javascript programer. It’s it weird how hard money causes people to lower their wage instead of always expecting a wage increase.
2. Who is it backed by?
We the users. The evidence for this lies on July 21, 2017 which proved that the users of Bitcoin proved that they were in control. The story goes — the miners where content to keep on slowing the transactions throughput thereby increasing the mempool thus making the users pay more fees to have their transactions included in the next block. This Bitcoin Improvement Proposal (BIP) 91 forced a lot of us Bitcoin users to run our own node even though we were content to allow the miners to do the hard work. After the Segregated Witness upgrade was activated at block 477120, the amount of data per transaction was reduced to 180 Bytes. This forced miners into giving up there quest for higher fees and they started to enjoy receiving just the 12.5 BTC as a reward for finding the nouce. Finding the nouce allows the miner to receive the reward and the fee into his wallet.
3. Ok, I agree the miners don’t control the nework, but don’t the programers control the network?
No, every Bitcoin node has the right to download the latest upgrade to the Bitcoin network. If you look at this website Dashboard | Clark Moody Bitcoin you will see that tBitcoinhe last 3 versions of the Bitcoin software are used about equally (people upgrade their node if and when they feel like it.)
4. Ok, I agree the wallets (users) control the network, but don’t you need guns or nukes to have the ability to print money?
In Venezuela Bitcoin is used daily even though Maduro controls the army and airforce. Mind you, now days Maduro has conceded to allow the Venezuelan people to useo to a ne the US dollar in thier transactions with others. A few months ago the Venezuelan banks were not allowed to accept the US dollar.
5. Ok, ok, ok … but wouldn’t the government just shut down part of the Internet?
This Bitcoin threat, I am not sure that this can be prevented. If you look at Egypt, Iran, Russia or China as a case study in controlling information exchange. VPN, tor and other means always have come through with the goods to allow people to communicate with each other. And if you think about it Bitcoin really is just a communication platform that allows you to send time to each other.

If you have come this far down the rabbit hole with me and if I where you, I would start sending messages with the money of the Internet
*Bitcoin*