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@ Arthur Amendt
2024-10-03 12:46:25One of the best aspects of being into bitcoin is bitcoin’s ability to let me know what is going on in the macro world 24/7. Sure it doesn’t tell me that the number one terrorist — Lebanon's Hezbollah leader Sayyed Hassan Nasrallah — has been eliminated; but it does show me the shift from bear to bull sentiment. It is the great liquidity absorber! The 25% rise in bitcoin’s value might tell a lot of people it is time to sell, but for me it indicates it is time to buy bitcoin - the bull market has begun. Yes, we did buy more bitcoin last month and we even got C$3,000 bitcoin for free. Ask me about that next time you see me.
Personally, last week 4 people started inquiring from me how to buy bitcoin. So the bullish fever is reaching Canadians. I even got to explain why life is meant to get cheaper and of higher quality over time.
Thanks to being made in the image of God our creativity should allow us to do 10% less work per year— if . . . and if there are no wars. Having central planners lower interest rates by 0.5% and more M2 liquidity in the world system makes the divergent between the have and the have not’s more acute. I am not sure what category to put myself in. 1 Tim 6:8 “And having food and raiment let us be therewith content”. Read my https://amendt.substack.com/p/its-harvest-time-again if you want to get a more balanced approach to harvest time and food preparation from a biblical perspective. Sure, 25% increase in bitcoin’s value might seem like a lot, but you have to remember not everyone does their buying and selling via bitcoin. Some people like to use government mandated currencies. So, from a government perspective they have to increase the money supply at least 10% so the price stays the same and people don’t rebel. I price things in bitcoin. So, I sell my meat and potatoes at half the price I did last year and farm fresh eggs are only costing us 5000 sats / dozen. Life is great because on the Bitcoin Standard things get cheaper and cheaper.
If you read my social media post on NOSTR you will realize that I almost lost my life last week due to a trailer blow out, so I am getting more focused on the next life. Sorry for using more scripture in my monthly blog posts, but time is getting short and everyone is going to die. That is one area of thought I always found weird. Once I start talking about bitcoin and savings technology the conversation most often ends up being spiritual. I think I finally understand why - - People, thinking about their retirement, often realize intuitively there is life after death. Should we plan more for retirement or life after death?
I am here for you if you want to talk to me about the end of this life or the start of the next and of course saving in bitcoin. Most mornings I find myself talking https://hivetalk.org/join/bitcoin. I usually open the room at 14:00Z , but if you’re up before me at 8am MST go ahead and open the room and start talking. God Bless.