When bad can be good

I firmly believe in the philosophy of searching the good out of the bad. People who you trust betray you so that you can learn to rely on yourself, things go wrong so that you never take anyone or anything for granted, you believe only to realise it was all lies, so you learn to trust yourself, and sometimes good things turn bad so that you learn the courage to walk away and start all over again.

Nothing is truly bad in the literal sense, it only seems that way. Whats vitally crucial is you learn to trust that it will all work out…….. Take it one day at a time.

Christmas… What’s it all abt?

It’s really only about putting aside differences and fears and reservations (real and imagined) and just sharing in the idea that together we can make tommorow a better place for you me, everyone else and especially the kids……. The rest don’t really matter, not in Christmas.

How to behave like a perfect gentleman

The craft how to be a gentleman is largely lost these days. It’s not knowledge that most would consider essential. But if you genuinely want to go places….. If you really desire those strategic doors to open right before you. I think you really need to consider educating yourself on how to behave like a gentlemen…. I use the word education. As one of the greatest omissions in life is for one to assume that being a gentleman simply means being congenial and convivial. In truth. The art of how to be a gentleman remains a confusing craft that has little to do with wealth, prestige or even pedigree of education or lineage. Rather it is simply the art of how to be a well evolved human being.

Watch and learn from only the very best. Because this is what real men do.

Hard to fly?

Home?

I spend so much of my life away from home, that when I am home. I don’t feel its home at all and would much rather be at work. The problem with life in Singapore is that it is the opposite of dangerous. I am beginning to realise that danger is such a large part of my daily existence that it shapes not only my consciousness but it is also an essential raw material that allows me to construct my reality. The sense of danger is what ironically fills me with the fullness of life…. I just realised this just then.

The unimaginable scale of wealth destruction of the downfall of FTX.

The scale of the loss on retail investors, hobbyist and small time crypto speculators and traders is so devastatingly huge that one can’t help but wonder why isn’t more being done by DoJ to bring some measure of legal closure to those who have loss their life savings….. What could they be waiting for?

Meanwhile the FTX fallout continues to spread and there’s no resolution in sight.

For the very first time since the FTX meltdown. I am beginning to suspect that those in power don’t realise the magnitude of the wealth destruction. Or even how it may overreach and even threaten the financial well being of non crypto institutions……. I say, they don’t know. Because. From where I am squatting no one it seems has actually scaled either the magnitude, range and demographics of the FTX fallout. If they have all these data. They would be very very distressed.

The Star Chamber

Following the catastrophic financial crisis of 2008 that was caused by cheap credit and lax lending standards that fueled the housing bubble that could only burst. Banks suddenly found themselves holding trillions of worthless investments in subprime mortgages. The Great Recession that followed cost many their jobs, their life savings, and their homes. Somewhere in this narrative against the backdrop of this indescribable financial carnage. A group of post graduate students interning at the nearby aerospace facility in Rolls Royce gathered at McDonald’s in Derby UK. It was a wet muggy day when these budding scientist began to question the fundamental premise of money thru a new and revised assumption that was once considered heretical. One of these men scribbled on a paper napkin a equation that expressed the conception of a new form of currency known as money that today we call crypto. It was a strange formulation as it contained a cryptic reference to a Haiku about Samurai walking in the rain. This new currency that they had envisioned to eclipse old money was not created out of the evil seed of avarice or the self serving interest of perpetuating the apparatus of capitalism. It laid the prototypal blueprints of novus coptus – the new order. Only this time, power over who determines the actual value of this new currency will not be vested in man. For he is a flawed creature who can too easily succumb to the temptations of greed and self interest. Instead the purity of will of machines will be the vanguards that will guard against the greed of mankind thus creating a fairer and new improved economic utopia. That day the burgers and chips were soggy, but it didn’t matter much. As the men who sat on the table next to a life size figure of Ronald McDonald’s realised that what they would unleash into the world could only transform the idea of money itself by destroying the vestiges of old money.

Somewhere in this deep discussion over ‘what actually is money?’ The men found themselves in the no man’s land of hubris that led them to ask – what money should ideally be. It had only been one week after the great financial crash and they worked frantically to flesh out the bare outlines of this new hope. Somewhere between closing time and realising that they must have missed the last bus. They decided to walk. That was when one of them asked, what if this new money goes crazy and causes the same mayhem as real money? Another asked – Shouldn’t we build in a cut off switch that we could flip if the experiment goes crazy? At that moment the men who had till then ambled along aimlessly came to an abrupt halt. A eiree bluish hallow had descended on the square and in the far distance over the brow of the hills the first tendrils of light had began flaming the cold of darkness……… It was a new dawn.

Why Maturity could have avoided the grief of FTX

People ask me why I write constantly abt the importance of maturity. intelligence without maturity can only be very dangerous. So is wealth without maturity, it can be destructive. Talent without maturity is even worse. As it can only lead to avarice. As for good looks without maturity, it can only lead to heartache. And you can say this about virtually every aspect of human endeavour…everything ranging from religion to bicycle maintenance, when it is not sensibly coupled with maturity, it will all go downhill.

I want to be clear abt crypto.

It’s gambling. Even if its Bitcoin, its still gambling. That doesn’t mean gambling per se is bad, it just means its the opposite of investing and these two diametrically opposite concepts should NEVER be confused as one of the same reality. Investing is investing. Gambling is gambling. They’re different like heaven and earth. Our community has been very badly hit by the FTX fall out. There is alot of hurt and pain out there. This is one reason why I have always repeated this caution again and again and again and again and again and again and again again and again and again and again and again and again and again and again and again and again and again and again and again again and again and again and again and again and againagain and again and again and again and again and again and again again and again and again and again and again and again and again and again and again and again and again and again and again again and again and again and again and again and again etc etc……… Crypto will ALWAYS be gambling, thats the reason why fiat money exist stupid!