Passage
Blessed <FI>is<Fi> the God and Father of our Lord Jesus Christ, who, according to the abundance of His kindness did beget us again to a living hope, through the rising again of Jesus Christ out of the dead,
Blessed <FI>is<Fi> the God and Father of our Lord Jesus Christ, who, according to the abundance of His kindness did beget us again to a living hope, through the rising again of Jesus Christ out of the dead,
1 Peter 1:1 Peter, an apostle of Jesus Christ, to the choice sojourners of the dispersion of Pontus, Galatia, Cappadocia, Asia, and Bithynia,
1 Peter 1:2 according to a foreknowledge of God the Father, in sanctification of the Spirit, to obedience and sprinkling of the blood of Jesus Christ: Grace to you and peace be multiplied!
1 Peter 1:3 Blessed <FI>is<Fi> the God and Father of our Lord Jesus Christ, who, according to the abundance of His kindness did beget us again to a living hope, through the rising again of Jesus Christ out of the dead,
1 Peter 1:4 to an inheritance incorruptible, and undefiled, and unfading, reserved in the heavens for you,
1 Peter 1:5 who, in the power of God are being guarded, through faith, unto salvation, ready to be revealed in the last time,
The verse centers on "blessed", "father", "lord", "jesus", "christ", "abundance", "kindness", and "beget". It is saying that the verse draws attention to "blessed" and "father", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 2's "according to a foreknowledge of God the..." into verse 4's "to an inheritance incorruptible and undefiled and...", so "blessed" and "father" belong inside that flow. In 1 Peter context, the local focus is hope in suffering, holy conduct, submission, and grace.
A plain takeaway is to answer the verse's own emphasis on "blessed" and "father" with trust shaped by these words, not by a vague optimism outside the passage.