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The grumpy older man

musings about life and everything it throws at us

Tag: money

November 13, 2022November 13, 2022

COP27 – A bit like Groundhog Day

by Grumpy Old Man Leave a Comment on COP27 – A bit like Groundhog Day

Do you remember the movie Groundhog Day released in 1993, where a weatherman is sent to cover a story about a weather forecasting “rat” (as he calls it) and finds himself in a time loop until he gets it right? Somehow the annual COP-shindigs remind me of exactly this situation: At each conference lots of […]

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December 19, 2021December 19, 2021

Bitcoin City (but not where you’d expect it)

by Grumpy Old Man 5 Comments on Bitcoin City (but not where you’d expect it)

El Salvador ranks 124th among 189 countries in the Human Development Index and with a GDP of $4100 per head of its population of 6.4 million certainly ranks among the poorest countries. But that, if all goes according to the plans of its President, Nayib Bukele, could all soon change. While a law passed in […]

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December 8, 2021December 8, 2021

Satoshi Nakamoto

by Grumpy Old Man 5 Comments on Satoshi Nakamoto

Nobody has ever knowingly met Satoshi Nakamoto, the inventor of Bitcoin, but many techies in recent years have claimed to be him. Nakamoto-san (if he were then really Japanese and a person rather than quite possibly a group of people), is rumoured to hold some 1.1 million Bitcoins, now worth a staggering $50 billion. But […]

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December 13, 2020December 12, 2020

The problem with money in sports

by Grumpy Old Man 2 Comments on The problem with money in sports

For once it isn’t a case of there not being enough of it, to the contrary, it’s rather the opposite – and it corrupts club officials’ minds and clouds their judgment. Two examples from earlier this year in the U.K. show once again the nefarious impact money can have on sports: in the rugby league […]

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