September was a bit rainy, but the summer is back. |
October is the season for big waves... |
...which has started now (the season). |
Forte de São Miguel Arcanjo (Fortress of Saint Michael the Archangel) the locus vivendi for surfing championships. |
The newly acquired Tesla MODEL Y (one of the first delivered to Europe) in front of the Alcobaça monastery. |
Lunch at "Meat", the hamburgeria around the corner from the monastery. |
Around 9:00 in the morning. |
Antique market on the square of the monastery. |
A morning around 7:30. |
Our Model Y again, now paired with Tesla's Model 3 which belongs to the vet of our neighbors. |
Praia do Norte in the afternoon. |
(Click on any picture for a slideshow with larger images; it's worth it:)
We had been invited by our new friends Hannah and Andreas for lunch. |
Hannah is an artist, a writer, and many other things. |
She also ran an antique shop, which shows in the interior. |
So, Andreas cooked for us. This is the main dish, beef filet with a true sauce Béarnaise over an intricate heap of rice. |
Michael drank too much, which was wonderful... |
...as wonderful as the views of this olive grove across the street* |
Michael is posting this especially for Alex (Irene Hogan), the famous editor of GFF, who was wondering how we are doing...
This is "us" (Chang and Michael, plus Charlie, our saviour (in the middle), in November '20, in the garden of our new home in Alcobaça (click on any picture for a slide-show)). |
The last couple of years, when Michael was looking at his posts on these pages, he felt that people were being misled to think that we were living in paradise.
The view from our home on the Cote d'Azur ("Nichts ist schwerer zu ertragen als eine lange Reihe von schönen Tagen" (Goethe)) |
This was far from the truth, unfortunately, since we were in financial trouble and had to sell the place and leave France. But the housing market was down, we could not sell, and in our suppressed state of mind we suffered under this ruthlessly glorious sun rising each morning over the glorious Mediterranean.
A passing cloud comes to the rescue, for once. |
It's the structure with the red roof, not far from... |
...the Praia do Norte, the beach with the highest surfable waves in the world. |
But then, the internet hit in too many ways and our relocation became much more complicated than expected. Here's one trivial example, concerning our print-copy subscription to The Economist. It's a "chat" with their "advisor":
The Economist (TE): Hi, Ampersant, you are now in a queue and we'll have an advisor with you shortly.
Michael (M): I am not receiving my print edition since 2 or 3 weeks
TE: Your current position is 1, thank you for holding.
TE: Your current position is 1, thank you for holding.
TE: Your current position is 1, thank you for holding.
TE: Bill has been allocated to the chat.
Bill: Please bear with me for a minute, while I check the information for you.
Bill: Thank you for your patience, Ampersant.
Bill: I've extended your subscription by a further 2 issues to compensate for the missing copies.
Bill: Is there anything else I can help you with?
M: You have no explanation? Did you send the copies?
Bill: Actually there is a issue in delivery, I apologize for the inconvenience caused.
Bill: Hereafter you'll not face the same issue.
M: Could you just be a bit more precise..."issue in delivery"...is that the language I can expect from THE ECONOMIST?
Bill: I'm extremely sorry to inform you that there is an delay with the postal department is I meant.
M: Shall I cancel my subscription, then?
Bill: But now I have forwarded to concerned department, hereafter you will not face delivery delay.
M: I'm not happy about this "chat", I can tell you...
Bill: I'm sorry that you've decided to cancel.
M: I have not decided to cancel...I asked: "Shall I cancel"...
Bill: I'm extremely sorry for that, Ampersant.
M: You are sorry for what?
(Here the chat ended; the "advisor" disappeared from the line).
Are you still there? This is how people have to spend their days these days when they move countries.
Plus, our underrated villa revealed some underrated problems which required all our attention. Plus, Michael developed a problem with his knee.
And Michael is not---he's excepting Chang from this, because Chang is everything---we are really not self-help people that believe in self-help slogans.
Anyhow, there we are.
A recent morning lensed from the bedroom; note the pergola. |
The new front deck |
Entrance; note the ridiculous double doormat |
Street view of the house in August 2021 |
Some hype coins mint instant millionaires. Others go bust. Why not take a chance?
They have names that make them sound delicious, like Cookie Coin. Or headed for outer space, like Pluto Coin. Or space-bound and delicious, like AstroCake, which was described this way: “Created 5 minutes ago. SAFE.”
Hype coins, as they’re known, sit squarely on the flashy, speculative end of the cryptocurrency business. Every day, dozens of them are created around the world by developers promising fortunes to would-be investors. It usually ends poorly. The vast majority of these tokens are worthless within a couple of weeks. The developers, on the other hand, can make tens of thousands of dollars, sometimes a lot more.
Despite this track record, hype coins have become the investment of choice for millions of people, most of them men in their 30s, or younger, and convinced that the economy writ large is rigged against them. Some are the same traders who have been leaping into stocks like GameStop and AMC Entertainment. To them, crypto is both a source of hope (in imminent riches) and fellowship (many coins have chats on Telegram, an encrypted messaging app, that can sound like faith-based support groups).
It’s hard to think of another financial craze in which so many people poured so much into entities with so little intrinsic value. Few hype coins have any utility as currency. Good luck buying lunch with one. Many are minted in numbers rarely seen outside astronomy books — trillions, quadrillions — which dooms them to vanishingly tiny prices.
From the outside, the hype coin party is a mystery. To understand it, you have to join it.
Which is surprisingly easy. You may have heard that Bitcoin, the granddaddy of crypto, is “mined” by power-gobbling supercomputers, a process that verges on the utterly incomprehensible. Making a hype coin, by contrast, is more like ordering a pizza online. The entire process is automated and speedy. The fixings — in this case, what to call it, how many coins to make and so on — are up to you.
So one day in May, I created my own cryptocurrency. I did it on a Zoom call with an excitable 36-year-old in Taiwan, Dan Arreola, who had posted a tutorial on YouTube about how to make, and promote, a “scam coin.” It has more than 240,000 views.
...was the title of a famous poster by the German Bundesbahn in the winter of 1967, pointing out that their trains would work even when the Autobahn got frozen over:
It got soon parodied by an infamous poster by the SDS ("Sozialistischer Deutscher Studentenbund") a principal agent of the 1968 movement:
And now us, 53 years later: the famous Chang Man Yoon...
...and his infamous partner Michael Ampersant...
...lounging in their swing in the middle of an overheated summer worldwide while enjoying a fresh Atlantic breeze of 22°C in their garden in Alcobaça, Portugal.
(A bit smug, this post, but anyhow.)