Electronic Money

Grandson Grant graduates from Middleton High School in mid-June.  He as been accepted at Iowa State University and will attend in the Fall.  Congratulations to Grant.  Congrats to his Mom for raising a great  kid.  See you all at  the celebration.

I try to minimize political rhetoric, but I am reminded of a powerful quote that might reveal my political bias.  Winston Churchill, the Prime Minister of England back in World War II was a defiant leader.  He led the effort to keep Hitler from invading England.  I think the term conservative fits him well.  After the War, he was voted out of office by a liberal socialist politician named Atwater.  After the vote, Churchill and Atwater ended up standing at urinals in the same restroom.  Churchill made it a point to stay as far away from Atwater as possible (like 15 urinal spacing away).  Atwater admonished Churchill for standing so far away.  Churchill’s response was “every time you socialists (i.e.democrats) see something large, you try to nationalize it”.

There has been a movement afoot to adopt the “Bitcoin” as the currency to be used for internet transactions.  You purchase Bitcoins and then can use them electronically to buy from merchants that accept them.  I don’t want to be negative but the value of the Bitcoin keeps changing so you don’t know the value of what you have.  What is this?  One of the major banks sponsoring the Bitcoin went bankrupt!  Whoops.  And then, the 38 year old chief executive of the Bitcoin operation dies mysteriously in a Singapore hotel.  Whoops again.  This gets followed with a disclosure that a billion Bitcoins had mysteriously disappeared (electronically I suppose).  Here is my advice.  Stay away from Bitcoins!

Daylight Saving time kicks in this weekend.  Clocks “spring ahead”.

Love,

Dad