Aug 6, 2021

Michael goes crypto...

...well, not quite, but he does what he rarely does, he reproduces an entire piece from the NYT (last time he did that it was with a column from Ross Douthat about Obama's victory in the 2012 elections). Enjoy: 

Going for Broke in Cryptoland -- 

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.

Jul 18, 2021

Alle reden vom Wetter (2)

Wasn't it prescient, our last post? Here, the climate change in Verviers, Belgium, on July 16, 2021, where the flooding water stacked cars on a roundabout:

 


Jul 8, 2021

"ALLE REDEN VOM WETTER, WIR NICHT"...

     ...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.)


Jun 18, 2021

The giant wave

This surf figures in the Guinness Book of records, but it is rare (happening twice per year perhaps) and very local (just at the tip of the Sitio rock, in front of the Forte de São):

  

 "More or less (?)", you ask? Yes, because we are located in Alcobaça, the town next to Nazaré (lower right of the map)...



...and the Praia do Norte (northern beach), where the surf happens and the Forte is located, is ca. 10km away:


An interesting feature, which explains part of the popularity of the region, has to do with the two beaches. The northern beach is wild at all times, and untameable under the unrelenting drift of northerly winds---providing a perfect backdrop for hippies of all generations. In contrast, the southern beach is protected by the cliff---gladly accommodating families with small children and strong preference for sunburns.

Jun 13, 2021

The week in pictures

The entrance with two newly acquired geranium pots
Fleas on the newly acquired bougainvilliids
Sheep on Michael's morning walk
The living room on Sunday morning
The living room again
Rambo, Charlie's dog

Jun 4, 2021

Acres of artificial grass...

 ...not acres, in fact, but the grass-floor of the pergola is indeed artificial. The swing--which we called Hollywood-swing in previous editions (our friend Sacha informs us that said expression is only used in Germany and unintelligible to normal people)--so, said swing is from Belliani, a Portuguese outfit. The two deck chairs are from LaRedoute:



We ordered four canvas chairs (director's chairs in German), so stay tuned.

On closer inspection, the natural grass looks artificial as well, but that's just an artefact induced by Chang's lawn-mowing plus the dry high winds of the last couple of days. The swing swings with the wind, very nice.

May 17, 2021

Acres of hardwood...

It took a little while, because Michael got sick in the meantime, but here we are: this is the living room as of May 17, 2021:


 Any progress? Well, here's an earlier shot of the room, dating back to Nov 29, 2020:

Mar 30, 2021

Zeitgeist -- How to stay afloat in the days of Twitter

(1) Twitter didn't even exist when Monica Lewinsky was comforting Bill Clinton in the off-room of the Oval Office;

(2) That was 25 years ago;

(3) And now what? How to stay afloat 25 years later?

(4) Study physics and outdo Einstein?

(5) Or...

(6) Well, while you are studying physics, we study expressions such as:

(7) "Yesterday"...

(8) "All my troubles seemed so far away" (Beatles)

(9) "On a dark desert highway, cool wind in my head..." (Eagles)

(10) Not quite, instead:

(11) "i [sic] hadn't driven on a highway i [sic] hadn't driven on in years"...

(12) ...and then, of course: "My dark decade"...

(12a) ("dark" (?)  -- don't they have electricity in the Oval Office?):

 

(13) Note the subtle tiptoeing around her own gender ("(she/her)"), as if she would be in doubt herself;

(14) We are so politically-incorrect here, it's intentional terrible intentional terrible...

(15) But we do this because 50% or more of all Twitter posts are like this: undiluted self-promotion of has-beens and non-entities.

(16) We know, we know, we are one of them.


Mar 28, 2021

Broken promises -- It's raining cats and dogs

We once assured you that there would never do a dog-or-cat post on this blog. Well, there you have it (the third one is the best):

Mar 22, 2021

Alcoa-Baça

 Pictorial warning: this is not an exciting picture, but...


...it answers a question that expats living in the Alcobaça area are facing when they move into town and learn that our name derives from the confluence of two rivers (or "rivers"), one called Alcoa and the other called Baça.
They may have searched Google Map and Google Earth for answers, yet in vain. Google is misleading, in that it elevates the weaselling Alcoa to a full-fledged Alcobaça:

There, there, the yellow arrows pointing at it: the misnaming of the Rio Alcoa by Google running past the east of our world-famous monastery. Google, the world's fifth-largest company by market capitalization (@ 1.3 trillion in American $$$), mistaking a pars pro toto as it cuts through our little town (@ 6 k inhabitants). But what can we do about it? 

Research. 

And so, at the top of this post you see photographed the real confluence of the two "rivers" where it occurs, at the phallic top of the Jardim do Amor...: 


...whence the entire river system of Alcobaça is about to say goodbye to our charming community and ejaculate carelessly into the Atlantic Ocean a few kilometres away. 

But the Baça, you ask, where does it show? Not on Google. But it shows on these pictures  we took yesterday: 

The Baça, just south of the confluence, as it arrives at the Rua 16 de Outobro

This rua just bridges over the Baça. But now, if we turn the camera in the opposite direction, we should see the southern part of the bridge with the Baça still flowing. Instead, we see this:


The Baça has disappeared. It's channelled underground through old Alcobaça downtown until it resurfaces 400 meters further south, here:


Yes, channelled underneath cobblestone alleys, but you can still hear her...

...if you can.

A mystery of expatriate importance finally solved! Read our lips: "Baça, Baça, Baça..."
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