*2 Samuel 9:4 MSG*
"Where is he?" "He's living at the home of Makir son of Ammiel in Lo Debar."
*2 Samuel 9:5 MSG*
King David didn't lose a minute. He sent and got him
๐ฐWORD4TODAY๐ฐ
Part 2
It's your day๐๐ผ
It's your week.๐๐ผ๐๐ผ
It's your month.๐๐ผ๐๐ผ๐๐ผ
๐๐ผ
*On a day like this, it was Mephistopheles day,
Reading thru 2Sam 9:1-5 KJV
And David said, Is there yet any that is left of d house of Saul, that I may shew him kindness for Jonathan's sake?
๐๐ผ
*2 Samuel 9:4 MSG*
"Where is he?" "He's living at the home of Makir son of Ammiel in Lo Debar."
*2 Samuel 9:5 MSG*
King David didn't lose a minute. He sent and got him
๐๐ผ
Lodebah, where Mephibosheth was, was a place of no pasture. ( *You recall I mentioned yesterday that, when it's your appointed day, your location isn't a barrier* .)
๐๐ผ
๐๐ผIn lodebah, Everyone had a sad story to tell.
๐๐ผ
He was forgotten by his nation and worst still, by his family.
๐๐ผ
*He had lost all.*
Down in Lodebar, Mephibosheth lost his rank, lost his prestige, lost his respectability, lost his reputation, lost his superiority,
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
