Thursday, December 5, 2024

Money, money, money makes the world go around

So sang Sally Bowles in the Kit Kat Klub, a cabaret in Berlin back in the 1930s, and once again the world has come around to the month of December.

December is chock full of things for bloggers to blog about. There's St. Nicholas Day (tomorrow), Pearl Harbor Day, St.Lucy's Day, Beethoven's birthday, winter solstice, Christmas Eve, Christmas Day, Hanukkah, Boxing Day, Kwanzaa, New Year's Eve. I think I've written about them all in years gone by.

This year nothing floats my boat. Not even President Biden's pardoning of his son Hunter for anything he might have done since Jan 1, 2014. Especially not President Biden's pardoning of his son Hunter for anything he might have done since Jan. 1, 2014.

Speaking of money (see what I did there?), the price of a single share of the cryptocurrency known as Bitcoin reached an all-time high today of $103,595.75USD. If, on a lark, you had bought one dollar's worth of Bitcoin back in 2009, this afternoon it would briefly have been worth $103,595,750USD before it settled back to a mere $97 million or so in round figures. If you actually did that back in 2009, I congratulate you. Unfortunately for me and my heirs, I didn't.

Several years ago, a friend gifted us with some Vietnamese paper currency totalling 200,000 Vietnamese Dong (VD) and assured us it would be worth a lot of money once Vietnam's economy recovered as expected. At the time, 200,000 dong was worth $8.40 in U.S. dollars. After hearing about Bitcoin today, I checked and my 200,000 Vietnamese Dong is now worth $7.80 in U.S. dollars.

When it comes to financial matters, I'm a a regular Wrong-Way Corrigan.

<b>Money, money, money makes the world go around</b>

So sang Sally Bowles in the Kit Kat Klub, a cabaret in Berlin back in the 1930s, and once again the world has come around to the month of ...