Don't Consider Yourself Stupid If You Invested In CryptoCoin

Many Highly Intelligent People Did It Too.

Intelligence is not the same as wisdom or Logic.

Some of the most intelligent people I know, online, lost their shirts ... pants, and life savings thinking they would become wealthy buying Crypto Coin.  Even an AI (Artificial Intelligence) company such as the one below lost two $Billion investing in Crypto Coins  .... which are not even coins.  Crypto is short for cryptography which is the art of solving codes.  It could be that this Cryptocoin Code has now been solved and it is one gigantic zerO coin.

 

MicroStrategy, an application software company that has invested heavily in Bitcoin, lost a quarter of its value yesterday. The stock closed on December 31, 2021 at $544.49. After peaking at over $800 a share last November, it closed yesterday at $152.15. According to its 10-Q filing with the SEC for the period ending March 31, 2022, the company owned 129,218 Bitcoins, with a market value of $3.96 billion. Its average purchase price for Bitcoin on $3.7 billion of that amount was $30,159. Its average purchase price per Bitcoin on the balance was $44,645. It is seriously underwater on both lots. As of 8:10 CT this morning, Bitcoin front month futures were trading at $22,270 per Bitcoin.

Adding to the strains on the company, MicroStrategy reports in its 10-Q that significant amounts of its Bitcoin purchases were financed by issuing debt securities and taking a term loan from Silvergate Bank.   (I took this off the internet. RB)

Yes, some of those who cashed out in time may have become millionaires, but that is not the end of the story.  There is another adage that bolsters "There is no free lunch".  It says, "Easy come easy go".  But government taxation still applies to the Crypto heavy spenders.  It matters not to the IRS that you lost all those gains you spent before the crash. And if you borrowed to buy Crypto, you still have to deal with those loans.  And, yes, it may go back up later on, but later on, may be too late to help.

God has provided a better way to enjoy the fruit of your labors.  "Give, and it shall be given unto you; good measure, pressed down, and shaken together, and running over, shall men give into your bosom. For with the same measure that ye mete  withal, it shall be measured to you again."  Jesus said it in Luke 6:38.   It is a way of life, a believer blessed, not hit or miss, trial and error but a promise made and a promise kept.  If you are going to invest in coins, make sure they are gold or silver, not paper or keystrokes.  

May God have mercy on those who were caught in this Crypto bear trap. May they survive financially and emotionally and gain in logic wisdom, and spiritual perception which is far more valuable than wealth anyway. RB

Prayer Is Talking To God, Not Preaching Or An Nouncement

Things that make an old Christian cringe:

The praying believer speaks in the first person, "I, me, or maybe we", and talks to God in the second person, "thou, thee, or you". Or by calling on His name or title.  But if the public "prayer" addresses God in the third person, as "he or him" it is no longer prayer but is either for instruction or for influencing whoever else is present, be it a person, group, or congregation.  In which case, it may either be detached preaching or teaching, but is clearly not prayer when we talk about Him instead of to Him, in public prayer.  this isn't done in silent prayer, but is a common transgression in public prayer, and is cringeworthy.      "Our Father which art in heaven, Hallowed be thy name. Thy kingdom come. Thy will be done ...." Lk.11:2

Another thing that makes an old Christian cringe is jokes about God or hell. There is nothing funny about hell. It is a real place where the unbelieving sinners will spend eternity suffering and separated from God.  Neither is it ever appropriate to joke about our Creator, the Almighty, Gloriously Holy, Ruler of the universe.  Kittens and monkeys verify that God has a sense of humor, and he may laugh at us, but the mud doll, with the breath of God in it, does not use it to make fun of its resplendently holy Creator and King. Only worship, love, and submission are in order where God is concerned.   "Thou shalt not  take the name of the Lord thy God in vain ...."  

Exodus 20:7.      "in vain" means "Lightly or without reverence." 

 There are a lot of things done today in churches and in the lives of Christians that should make even sinners cringe, but the thing that makes me cringe almost violently is when a flesh-serving temptation flies into my eyes, ears, or thoughts like a beautiful, white dove but which I recognize as a sharp, hooked-beak messenger of Satan with talons and red eyes.  At 91 a cringe like that is enough to burn up your last drop of oil, suck out your final breath of air, and slam the door on that satin-lined box bed with your name on it.

Experience This Video By The Pilot Of Blackbird Spy Plane

It Is A Jolting Experience

A little late for the National Day Of Prayer, Mother's Day, Memorial Day, or Flag Day just past,  all of which contributed to this video, so I'll just make it for Father's Day and Independence Day coming up.    https://www.youtube.com/watch?v=wigZsFypdyI

Do not miss this experience with the pilot of the Blackbird spy plane, invented in the 1960s it still holds the record of the fastest plane in history. That America, with God's grace, can overcome the fires of hell erupting across our land today. Rise up America.  RB