Reading an excerpted article in Star today, "Bitcoin Mining boom sputters" and in Star2, 'paper version' "Cryptocurrency conundrum" {unfortunately I can't find the online version}, what started as in 'individual' pursuit has become the monopoly of "miners", not unlike the De Beers Diamond monopoly and a host of other Muscled corporations. Also Reading through this, "Beginner's Guide to Mining bitcoins" it sure looks like the "free lunch" phase of bitcoin mining has long gone.
Which makes me think. Who owns those bitcoin AVMs in Bangsar
KL, and Gurney Plaza, Penang? Miners, or exchange companies,{like our
money changers?}
Either way, the "investing" small time
public is already screwed. Getting your bitcoin at its intrinsic value,
and holding it for eventual profit is a dream. Who has to pay for those
massively computing "mining equipment and electricity bills" and who
will pay the Transaction fees for the money exchangers? Hahahah, we
already know,,, the suckers!
Well, you can expect a lot of those suckers to be around
Bangsar and Gurney Plaza, or else how do those Nigerian scammers con
Audit firm owners of millions of ringgit, among many others
Sunday 13 April 2014
Thursday 10 April 2014
Water shortages, illegal immigrants exacerbate the situation?
I wish to refer to your report, It's worse than 1998, 80 days of water left.
and I agree we are indeed in dire straits. With timber continuously
being felled due to concessions being awarded annually to Timber
corporations, compounded with illegal logging rampant in the catchment
areas nationwide, an imminent emergency situation now seems more likely
than ever.
However, I would like to point out some statistics put up to explain the increasing water shortages, and I quote, " ... During the country’s worst recorded water crisis in 1998, 4.2 million people had to survive on 2,553 million litres per day (MLD), a shortage of 105 MLD. This time around, 7.1 million people need 4,900 MLD but only 4,367 MLD is available – a shortage of 533 MLD...." This is a critical situation, but I think it's even more critical than the statistics have painted. Did LUAS include the 2 million or more, registered and illegal foreign workers that we have 'imported' since 1998? Foreigners are not included in the official census of the State, correct me if I am wrong, and if we include the water requirements of the aliens working and staying here, ie., 7.1million +2 million, our current expected water shortage would be even more severe.
I am not sure then, if an Emergency situation already exist, are we not cognizant of the fact? The public would require some assurance from the authorities on this, and expect the correct decision to be taken to ameliorate our sufferings based on accurate facts.
Precious resource: what about the foreign workers?
However, I would like to point out some statistics put up to explain the increasing water shortages, and I quote, " ... During the country’s worst recorded water crisis in 1998, 4.2 million people had to survive on 2,553 million litres per day (MLD), a shortage of 105 MLD. This time around, 7.1 million people need 4,900 MLD but only 4,367 MLD is available – a shortage of 533 MLD...." This is a critical situation, but I think it's even more critical than the statistics have painted. Did LUAS include the 2 million or more, registered and illegal foreign workers that we have 'imported' since 1998? Foreigners are not included in the official census of the State, correct me if I am wrong, and if we include the water requirements of the aliens working and staying here, ie., 7.1million +2 million, our current expected water shortage would be even more severe.
I am not sure then, if an Emergency situation already exist, are we not cognizant of the fact? The public would require some assurance from the authorities on this, and expect the correct decision to be taken to ameliorate our sufferings based on accurate facts.
Precious resource: what about the foreign workers?
Subscribe to:
Posts (Atom)
