Dear…
The Lord is not slack concerning His promise, as some men count slackness, but is longsuffering toward us, not willing that any should perish, but that all should come to repentance.
2 Peter 3:9
Is Tether the mother of all crypto?(https://www.cnbc.com/2021/07/07/tether-cryptocurrency-usdt-what-you-need-to-know.html
My closest dalliance with cryptocurrency was during my six months sabbatical after leaving my last corporate role back in 2016, I almost bought a couple of bitcoins at US$600 through Coinbase but backed out at the final click as the old dinosaur in me was fearful that the app would somehow suck all the monies in my bank account linked to Coinbase. And even if I had bought, would I have held to the present price US$66,000? Unlikely.
A review of past market bubbles that I have lived through, What is the commonality? We tend to buy too little at the beginning, buy much more near the peak and worse, divert away from mainstream to lower quality stuff like dogecoin and squid coin as prices hit stratospheric levels. And we always believe that this time round, it is different, so we can be indifferent to the risks.
Alas for the day! For the day of the Lord is at hand, and as a destruction from the Almighty shall it come.(Joel 1:15)
I had a dream last night that woke me up in a hurry. I fell off the opened window of a very tall skyscraper, and found my flailing self caught in a free fall, with the cold gust of wind buffeting me. I tried to grab a green towel hanging off one of the floors, but it fell off the ledge. But thanks be to God there was another white towel on the next window to the left, that I managed to grab and found myself on a wide ledge, a couple of floors from where I fell off. I retrieved my mobile to call my wife to get help, while hanging on for dear life in the rather spacious ledge. And that was when I awakened from this dream.
He brought me out into a spacious space, He rescued me because He delighted in me.
2 Samuel 22:20
What does it mean, I asked God. Is He affirming the thoughts that have been in my heart these past few days or is my own finite thoughts affirming itself in my own dream?
Back in the run up to the subprime crisis in January 2008, my finite understanding had a sense that trouble was brewing, when I read in the Asian Wall Street Journal about CDOs and the excessive euphoric debt binge, yet in the same breath, how the writer justified by the fact that there was plenty of liquidity especially Chinese money flushed from exports, that will soaked up whatever that was issued.
Subsequent to that thought, I had a dream or impression our good Lord placed upon my heart just before I woke up. And the word was, to distribute and distribute I was willing, for He had blessed me with liquidity from selling my last abode in late 2007, the year before the subprime crisis hit. But as the subprime crisis became a reality, when stock prices by June 2008 fell 50% from the peak, I felt justified that our good Lord would not mind me cumulating, for it will help fund my giving, much as it was not in line with His Word to me. By Sep 2008, the investments that I had bought at 50% from the peak, was down another 50% from my costs. But I was convinced that I should now use my ability to leverage to continue to average.
God in all His grace divinely intervened and impressed upon my heart just before I was awakened with these Words, I said distribute, not cumulate!! And with a repentant heart, I stopped my foolish disobedience and was saved from the final dropoff in the markets which culminated in Oct 2008 Deepavali, when the lights was switched off for many who were on leveraged and were forced sold, losing all if not a significant part of their wealth.
None of us can predict. But God in all His grace does speak to us if we are willing to be still. Question is how does one know that God has truly spoken to me, and it is not a figment of my own fertile imagination? Time with Him in His Words, in prayers and in honoring Him in our daily lives, He will affirm the next step that one should take. And it is not about making money, but rather in obeying, we allow ourselves to partake in Godś plans for us, and they are always wonderful plans.
And with the wisdom that He has taught us. A couple of truths in life that will not help us in making predictions, but rather, ensure that we are properly anchored upon Him when the tsunami hits
1)The borrower is a slave to the lender(Proverbs 22:7) With cheap money slushing all over, many have been rewarded by taking on loans and will continue to be tempted to not just persist with that strategy, but increase the quantum. But one bad move as seen in all past crises, one loses not only the past few years of gains, but in all likelihood everything else.
2)A faithful person will be richly blessed, but one eager to get rich will not go unpunished.(Proverbs 28:20). Richness of life and not riches of material wealth is the life that God blesses the faithful with.
3)Without God as our central focus, everything is meaningless, a chasing after the wind, nothing was gained under the sun(Ecclesiastes 2:11)
4)Jesus said to him, if you wish to be complete, go and sell your possessions and give to the poor, and you will have treasure in Heaven, and come follow Me.(Matthew 19:21). Sadly most got the process confused. Ending up very poor in their pursuit of even more wealth.
God blesses
16th Nov 2021
An afterthought : Crash landing on you(16th Dec 2021)
It has been close to a month since I penned the above. Omicron is now upon us, and much as the implications are not fully understood, there is a possibility that it could set the world back to square one. All the efforts especially of the wealthier nations to protect her citizens and resume normal life could possibly come to nought. Covid19 is a virus that thrives on human selfishness. And is Omicron a result of the unequal opportunity for vaccination between the rich and the poor nations?
God loves us all. Love includes the need for sinful men to come to repentance. And does it mean that the world needs to be fully humbled and contrite and experience the limitations of our finite abilities, before we are willing to come to the presence of God.
Will we need to go through the next 9 variants of the virus to reach Omega, the 24th and last letter of the Greek Alphabet before we will acknowledge the Sovereignty of the omnipresent God?
He said to me, It is done. I am the Alpha and the Omega. The Beginning and the End. To the thirsty I will give water without cost from the spring of the water of life(Revelations 21:6)
