The Call to Order - was called at 07:01 by President Chris
Birthdays - Maria Fenton -31 March and Graham Cornes The big 7 zero -27 March
Anniversaries - You will be pleased to know that after some prompting
President Chris remembered his on the 23 March
Our Speaker - Glen Dougal introduced by
Chris 
Glen listed his previous Rotary talks
My life as a Meteorologist;
My time in Tokyo and London working for the BBC with 007 and J.lo ;
My love of the Tauranga Art festival – Rotary Crystal Palace Breakfasts;
He has taken you all to visit Legacy Funerals where complanate our life;
Confessed that he is a dyslexic and can’t spell e.g. the word JUMB;
Glen continued to days talk it came about as Rotary Sunrise has just gone cashless and we now have Zoom meetings. Asking should we start using Crypto?
Starting then with a CRYPTO / NFT NZ 101 stating he was not an expert, or suggesting any advice /encouragement for investing
Glen explained what is a Blockchain, What is a Bitcoin and How does Bitcoin work. What can you do with bitcoin . How much is a Bitcoin, how to buy Bitcoin using NZ Buying Options.
He then went on to talk about keeping your Crypto currency and forming a wallet to secure them. Paying Tax, Reporting Bitcoin and Privacy.
He advised about what you can do with Bitcoin -
- Launder money , buy drugs on the dark net, gamble on line with crypto casinos
- You can use it to pay for goods or services i.e. Mount fish & chips. Tesla , BookaBatch, Dixie Browns , Oyster & Chop, MyGold
- You can trade it either trading Bitcoin for flat currencies (AUD, US$ etc .) or other crypto currencies (ETH, XRP,etc )
- You can invest and hold (HODL) on to it. Some predict that Bitcoin’s value will continue to rise long-term. Or cash it out to your bank account.
Glen continued detailing about how many Cryptocurrencies there are and introduced us to slang used in Crypto.
When Lambo - when are we going to get rich
Bagholder's - essentially is a very unfortunate soul
No coiner - people who don’t own any Bitcoin
BULLS - a bull is any individual or institution that has a positive outlook
BEARS - any individual or institution that has a negative outlook
SHILL - a person purposely promoting something for their own benefit
FUD – fear, uncertainty, and doubt
HODL –hold on to dear life (or hold your coins )
REKT - to suffer losses from coins that have dropped in value
FOMO – you can use this in everyday life. However, if someone says FOMO in crypto related topics, they’re probably feeling an urgent need to get in on what everyone else is doing
Mooning /to the moon - when a crpto currency is about to soar in both price and volume
WHALE - an investor who owns 5% or more of any cryptocurrency coin
PUMP & DUMP - pump happens when a great ton of attention leads to a coins price increase dump happens when the coins price crashes after an associated spread of negative emotions
He then talked about important stuff you won’t read:-
*Keep your keys, seeds and passwords safe and back them up
*Seriously, back them up and test it. Use a password manager
*never give anyone your private key.
*Crypto allows you to be your own bank. Bu you provide all the security
*Only invest what you can afford to lose .Its volatile
*Do your own research and seek professional advice
*Don’t leave your crypto on an exchange for long periods of time
*Turn on 2-factor authentication for your email
*Do not re-use passwords unless you want to kiss your money goodbye
*Turn on 2-factor authentication for all crypto exchanges & Wallets
* Be safe, have fun, HODL and don’t get “rekt”
Speaker Thanks JOHN CARLSON gave a vote of thanks and asked what forecast could Glen give for Bitcoin Lasting. Glen thought that it was similar to the internet providers that probably 2 or 3 main players would be there for the long run
Notices Reports and Reminders
Jane Nees gave thanks for the flowers
Buddy Mikaere Looking for Anzac Morning 05:00 start, 3 persons to do traffic car parking directing at Papamoa War Marmoreal Cenotaph, please phone Buddy 021384620
Face to Face Rotary meetings Next week Fri 1st April Zoom meeting ; Following week Fri 8th April Face to Face Breakfast meeting at Club rooms Tauranga Club and Zoom will be available for those Who feel compromised. Please note we do need to have a minimum of 30 at the club to make it viable for the Rotary Club and the Tauranga Club. Please send your intention by email of attending the Tauranga club or staying away to Ray Scott at
rotarytaurangasunrise@gmail.com
A note to add to this, we need a couple of people to help with the zoom setup in the future as this will be a extra duty above the Tech setup. If you are tech savvy and happy to assist please let Dean Thompson and Wayne Shadbolt know. Thank you in advance.
Good Friday 15th April No Rotary breakfast
Thought of the day Barry Fredheim
Not everything that counts can be counted and not everything can be counted that counts
Stay Safe Graham Cornes
had been active in the New Zealand Labour Party since shortly after the First World War.