Rotary Club of Canberra Burley Griffin News Notes 2nd March 2026
Notes on the Run from President Warrick
Thanks to Stephen for chairing the meetings in February. It was a good month for the Club activities, speakers and community activities. We should be able to bank about $3000 for our efforts. It has been an unusually hot summer to date so hopefully we can look forward to a cool change in March. Speaking of hot climates, George will be returning soon from his adventure to India where he visited wildlife parks and attended local festivities.
Our esteemed Past President Russell gave a memorable presentation on his research into the Mysteries of Cryptocurrency. We learned that it all started in 2010 when Bitcoin could have been purchased for a few cents. The supply was limited so a simple supply/demand market quickly arose where those wanting to buy some had to pay what those owning them would sell for. This has resulted in the average price rising over many years so that we have a value of Bitcoin today wavering between more than $100,000 each to $60,000.
There was a hearty discussion in the club, with President Warrick adding more technical clarification as we dug deeper.
It’s a case of gambling gone mad – buyers don’t want to “miss out”. Sellers are eyeing gloomy reports of a bust while drooling at the wild fluctuations in price.
Many commentators comment that Bitcoin and others will crash. Will Musk’s DOGE and Trump's version also crash?
By a unanimous vote, our club decided not to invest our superannuation in Crytocurrencies this week.
Ed
Russell introducing our topic last week - What is Cryptocurrency?
...what goes up must come down.
You need a small computer like this one, and a warehouse and hydro electric power station, to "mine" cryptocurrencies.
Lantern Festival celebrating the New Year of the Fire Horse.
We helped the celebrations with the Peace Bell providing a serious tone in the light of the attack on Iran which had just commenced.
President Warrick training our next recruit on Bell ringing
What would it be without a Dragon.
Next meeting:
Date: Thurs.
Event:
PP Russell's Chair
Club member to Introduce, Thank and send write up to Bulletin editor.
5th of March
Lunch at Golf Club
Russell is Chair
Tony Muscio - The Age of Astronomy is Now
Michael
12th March
Lunch at Golf Club – Russell in Chair
Russell presentation- Antarctica or Bust.
Bill
19th March
Social lunch
Russell to Chair
26th March
Lunch at Royal Golf Club
Phil Domaschenz – CEO of the Nusa Tengarra Association
John -toast and thanks.
Rotary In-joke of the Week
Q: What did the duck say when he bought lipstick? A: "Put it on my bill."
Thought for the Week
The secret of success
Is making your vocation your vacation.
Mark Twain 1835
News Notes is/are sent out each Monday. Please send items for inclusion to Bill Andrews, email andrews79@iinet.net.au, by beer o’clock Sunday.
