Saturday, 24 March 2018
Former Liverpool, Manchester United and Real Madrid striker Michael Owen is launching a cryptocurrency in his own name in a new venture to connect with fans.
The retired England star announced yesterday his investment in the Singapore-based Global Crypto Offering Exchange (GCOX) as he unveiled the "Owen Coin".
The celebrity tokens will allow fans to buy merchandise such as personal training videos, make donations to charities and even interact with the ex-sportsman via live-streaming.
My 2 cents - Why governments all over the world condemned digital money?
1. Banks earn commission by being an agent for most money transactions. Digital money goes straight to the recipients, bypassing the agents and saves time and commission. All banks will not be needed for digital money as people will keep digital money with them, instead of in the banks. Banks are the golden geese of governments.
2. Anyone can launch their digital money (as above article). Governments will have no control on the amount of money in circulation. They also cannot tax their people or companies as there will be no transactions recorded.
3. People are moving into the digital world, whether you like it or not. Digital money will soon be a reality but governments are in denial. They should start preparing for it (digital money) instead of discouraging people from using it. When digital money starts to gather speed, the governments will be caught with their pants down!
It is a relief that the Singapore Medical Council (SMC) is calling for doctors to rein in over-servicing and to bring down healthcare costs (Doctors warned against overcharging, overtreating; March 20).
I believe that most doctors want to do their best to serve the community. However, scandals, such as a psychiatrist prescribing medication to a patient despite knowing that he was at risk of abusing it, are alarming (Doc fined, suspended over lax prescription; Feb 22).
Is it time we shift the responsibility of dispensing medicines to pharmacists, so as to lower drug costs and improve medication safety, as other developed countries like South Korea have done?
Even though the SMC has issued guidelines on drug pricing for doctors to adhere to, healthcare costs in the free market system are ballooning. It is important to note that these costs are not solely due to doctors' fees and medicines, but also due to external factors like the pharmaceutical industry and laboratory diagnostics.
We should continue to put our trust in physicians, but erect safeguards and measures to ensure that patients are not exploited when they pay for medicines dispensed at clinics.
Jeremy Chan Lin En
- Yes = No
- No = Yes
- Maybe = No
- We need = I want
- I am sorry = you'll be sorry
- We need to talk = You're in trouble
- Sure, go ahead = You better not
- Do what you want = You will pay for this later
- I am not upset = Of course I am pissed, you moron!
- You're certainly attentive tonight = Is sex all you ever think about?
- I am hungry = I am hungry
- I am sleepy = I am sleepy
- I am tired = I am tired
- Nice dress = Nice boobs!
- I love you = Let's have sex now
- I am bored = Do you want to have sex?
- May I have this dance? = I'd like to have sex with you
- Can I call you sometime? = I'd like to have sex with you
- Do you want to go to a movie?= I'd like to have sex with you
- Can I take you out to dinner? = I'd like to have sex with you