RE: Bitcoin, God and Inflation

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Bitcoin, God and Inflation

in bitcoin •  6 years ago 

There are lots of lessons and interesting examples in the Old Testament. One that I have considered recently is that of Babylon. Babylon, was a kingdom ruled by a bad king, yet it was still used by God to punish the people of Israel. At the time Israel said, they are worse than we are so when the Babylonian king came to attack Israel's holy city of Jerusalem they did not believe that the city could fall. They had the temple, God's dwelling place, and they were after all better than the people of Babylon. Well this did not work out as the Isrealites had intended. Instead, of being successful, Israel fell and was carried off into Babylonian captivity. It was only there that idolatry was finally and permanently driven off from the people of Israel. It had been hundreds of years of struggle, and nothing prior to that had worked permanently. Now there are lots of aspect to this story we could discuss, consider and think about. And these are the reasons that the Old Testament was given to us. Maybe Cryptocurrency is the Babylon and the Federal Reserve System is Israel. Our Banking system has more or less served us pretty well, one can argue if this is because if it or in spite of it, and crypto, came about as a reaction the excess of the Subprime Financial Crisis. I am deeply troubled by both. Crytpo is full of Scams, Frauds and Bad people. So is the traditional Banking System. Which is worse, well God, does not always reward people based on how bad the other Guy is. Crypto has demonstrated the ability to be a viable alternative.

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Yeah, The number of good and bad in any project is a matter for thought. And sometimes even one bad is too many. You might have 100 honest people in the company, but have one bad accountant run off with all the money. As a whole, crypto has a very uphill battle. And so many people do not care about truth. IT is tough, as there are so many that believe, want to believe and want to see it succeed. That said, it could succeed and it may succeed. But in asking for God's blessing on a crypto that is lacking proper self governance, good people, correcting factors is a hard thing. It is with a heavy heart and realizing a massive amount of wasted time and effort I realize this. It is a tough call. I can see how others make other calls. The price of BTC keeps rising. But is it real? Is it good? Can I really believe in the ability of it to go mainstream? They are tough calls.

It is two years later, and I see that there is some interest in Bitcoin Lightening network. It appears after some years, BTC has taken in Ripple ideas, and the lightening network has allowed fast transactions with BTC. Now there is a Steemit on there called NSTR; curious as one wants to believe yet the hard truth is mainstream adoption is so slow. It is curious though as I feel like I have already played this game.