My views about bitcoin and cypto currencies
I wish to share my views about bitcoin and cypto currencies. When I learned that bitcoin was built on the blockchain platform, I spent some time to learn about blockchain. I formed the opinion that it is an inefficient platform. I shall talk about it in a separate post. I met an expert in the blockchain platform. I asked him...
Temasek’s US$800m investment in obscure Google unit
In 2017, Verily secured U$800m from Temasek in exchange for a “minority stake” (Que the usual KPKBing from TOC and other cybernuts). Funny, they very quiet when earlier this year, Silver Lake (tua kee private equity tech investor) and Ontario Teachers’ Pension Plan (tua kee savvy investor) invested US$1bn for “minority...
Why is China flooding S’pore with its ‘GPS’ devices?
The Chinese version of the Global Positioning System, better known as GPS, has overtaken the US original round the world. But look at the number it has here: why? Is it because unlike GPS, which only sends signals and cannot identify the location of receivers, BeiDou’s communications with the ground are two-way? The Chinese...
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