A British company called Lake Parime Limited has signalled an intent to build a crypto mining facility near Clyde in Central Otago, NZ. It’s right underneath the Clyde Dam that was built by the NZ Government back in the 1980s and opened in 1993. In 1995 its owner the Electricity Corporation of New Zealand was split and the end result was that Clyde Dam is now owned by Contact Energy. Contact Energy is a New Zealand company according to the welshman Jimmy Wales (see I can lie too) but a look at its shareholdings indicates that this is bollocks, it’s definitely part of the 147 companies that own everything shenanigans. So Contact Energy is gifting 0.65 hectares of its land near the Clyde Dam to the 2 pound company (pdf) Lake Parime Limited to build its crypto servers which is nice. Lake Parime is also registered as a British charity just for added hoots of ironic laughter. The view that the 147 companies that own everything is a good corporate citizen is a laugh, if it’s still possible to do so ,so we’re going to assume that they’re being charitable with benefits. So who is Lake Parime Limited?
Just a quick detour first, Clyde is quite the trendy town these days, and 0.65 hectares is probably worth up to 2 million NZD dollars or so, especially if divided up.
Anyway back to Lake Parime Limited. Lake Parime for those who don’t know (and I didn’t a few hours ago) is according to Jimmy Wales “a legendary lake located in South America. It was reputedly the location of the fabled city of El Dorado”. Hmmm gold aye. Anyway albeit they are a 2 pound company as above there has been several millions of pounds put into it so far but there’s no income so it’s just disappearing for now. The director of the company, Sath Ganesarajah, is a trader with Morgan Stanley in London but he’s not running the show as a trip to LinkedIn will show;
“People also viewed” Robert Kalff, Managing Director at J.P. Morgan.
What a surprise. There are also links to Skylake Management LLP another financier and they share the same address which is one of those shared offices addresses, but that’s just shadow, these guys have money. And there’s another link to the company Powerbox which also shares address and phone number.
Well those things arn’t going to look any pretty next to the historic town of Clyde.
What’s this all about? I suspect that it’s Central Bank Digital Currencies or CBDCs for short (a kind of very restrictive GOV ID). You’re going to be hearing a lot about these soon, it is going to be pandemania. Yes the weirdness of the last few years is about to get sinister. Genocide and digital enslavement is on the agenda. But London urbanites are not suited to Clyde. And they don’t understand an island as big as England* with a million people either.
But the most ridiculous thing? All the power needed for these digital currencies is going to be the end of them. They’ll turn your lights off to power the crypto. And then how do you spend your crypto?
Fail fast please, I’ve had enough already of this billionaire moronity.
Interesting. And all of this is available for anyone to see online?