May 23, 2018

Bitcoin allows people to own something.

Bitcoin ownership and transfer can't be stopped.  
People who ask me about Bitcoin usually ask me about its price. I don't know whether to tell them the US price or the CAN price, so I tell them both prices. I do this to help my friends understand that price is really irrelevant. The important part of Bitcoin is that it is censorship resistant. I am sure if we lived in Venezuela my friends would ask me "How's the Tor battle going?".
A lot of my friends don't even remember those days of Napster. They now mostly use Netflix or YouTube. They rarely use Transmission to exchange videos with their friends. In fact, if I ask most of my friends today "what is Tor?" they wouldn't know. I would say tor forced the content providers to charge a monthly fee for access to content. Now days, if you want to watch a new movie most people wait until the paywall provider gives them access. Very few of us keep searching Isohunt or Napster to see when we can use the Tor network to get the info.

Why is this important? Censorship resistant software like Tor has been around for a long time. Will it go away just because some government introduces "the digital millennial copyright act"?  NO! Bitcoin runs on Tor. If Tor fails Bitcoin fails!

Whether you own something or whether you download that something from a friend, it is the same. Bitcoin is revolutionary because you can exchange unique ones and zeros; so that the ownership changes with the download. Governments can't stop the ownership transfer.  Therefore, the pride of ownership can't be stopped. Bitcoin ownership and transfer can't be stopped. 

Nov 2, 2017

1 billion dollars exchanged hands via bitcoin today.

More and more main media outlets are realising the fragility of the IMF now that the central banks are starting to own over 50% of their countries debt. Politicians like to spend and the federal debt of Canadians is over 98% of their GDP
 Then we need to add provincial debt, which Alberta has the lowest (10% of GDP), but it is climbing quickly with the NDP in power. Last, but not least, is personal debt which is approximately  160% So whether we look at public or private debt we are getting to the point where bankruptcy should be declared.

Sep 24, 2017

Why I am running for County Council

Arthur and Judy Amendt
I had been contemplating running for Council for sometime, so with the resignation of Brock Smith now is quite appropriate.
~~~My History~~~
After college I did some work in construction but realized my passion was in the computer technology field.  Fixing / playing with the latest and greatest equipment consumed a lot of my time.  In the early 90's I purchased my first rental property and have been doing property management since then. In 1993, when my mother died and my father was seriously injured in a car accident, I was left to manage the farm West of Hythe. Juggling between Amendt Computers, property management and farming has been rewarding and life teaching. All of these skills I feel are easily transferable to the work of a Councillor.
~~~My Passion~~~
I enjoy studying the latest happenings in the financial and technical world. Being an Open Source advocate has enriched my understanding of the crypto-currency space and being on the Community Futures of Grande Prairie Board has increased my understanding of the entrepreneurial / business world.

If elected my focus as a Councillor would be:
To maintain and keep your taxes low
To keep your roads maintained - every rate payer deserves year round, easy access in and out of their primary residence. 
To listen to your concerns

I would like to serve the County of Grande Prairie residents - wanting to enhance all our lives.
My website