Despite the polls not having failed as such, in that they uniformly picked the right winner, it seems we’re having another post-election voting intention polling drought just like we did in 2019. This is unfortunate from my perspective, as it would be interesting to compare Labor’s strength during its honeymoon period with that of newly elected governments past. It also means I have to work harder on material for regular open thread posts. Here’s what I’ve got this time:
• The Reuters Institute last week published its international Digital News Report 2022, the Australian segment of which was conducted by the University of Canberra, which asked questions on media consumption and trust. Respondents were asked to rank their trust in various media brands on a scale of one to ten. Typically for such surveys, this found the highest level of trust in public broadcasters, with ABC News ranking first and SBS News ranking second; television networks and broadsheet newspapers in the middle; and tabloid newspapers, specifically the Herald Sun and the Daily Telegraph, ranking last. The survey was conducted online in January and February from a sample of 2038.
• In an address to the National Press Club last week, Labor national secretary Paul Erickson dated a shift in voter sentiment in Labor’s favour from the announcement of the Solomon Islands’ pact with China on April 1. Erickson said voters were struck by the contrast between the Coalition’s “immature” warmongering rhetoric and attempts to associate Labor with the Chinese Communist Party and Labor’s promise to “restore Australia’s place as the partner of choice” for Pacific Islands countries. He further noted that the rot set in for Scott Morrison amid COVID outbreaks in mid-2021, when Labor internal polling showed his net competence score fall by 14 points in two weeks over late June and early July. The Coalition was also damaged by cabinet ministers’ partisan attacks on state governments in Western Australia and Victoria, and it was rated lower by voters on housing and wages.
• Saturday’s Financial Review reported on the Australian Electoral Commission’s efforts to confront online disinformation about the election process head on, through the work of its election integrity assurance taskforce and a media unit that abandoned bureaucratic formality in engaging with social media on social media’s terms. Electoral commissioner Tom Rogers claimed they had a “70 to 80 per cent success rate in changing minds”, and that Twitter had been “a bit self-correcting as a result”: “Someone would say something and you’d see people say, ‘hang on, that doesn’t sound right, I heard the AEC say this or that’”.
• Tom Rogers also foreshadows possible changes to electoral laws to allow for faster counting of postal votes after election day by streamlining the existing process whereby ballots are sorted at a central location and then sent to the voter’s electorate before they are counted.
• Nominations for the South Australian state by-election for Bragg on July 2 closed on Thursday, drawing a field of six candidates who are listed on my by-election guide.
Other recent posts on the site:
• A post on the Queensland Senate result, which was confirmed on Thursday. The buttons will be pressed today on the results for New South Wales at 9:30am and, most interestingly, Victoria at 10am. That will just leave Western Australia – the post just linked to considers at length the remote possibility that Labor might not win a third seat, as is being generally assumed.
• Courtesy of Adrian Beaumont, a preview and live commentary of France’s legislative elections, plus news on British by-elections and American opinion polling.
• A post on Saturday’s Callide state by-election in Queensland, a safe conservative seat which the Liberal National Party has retained with a swing in its favour of 6.5% against Labor.
”
The Coalition came to power in 2013 with the promise to wreck things and they didn’t disappoint, writes Kaye lee in this article in which she contrasts builders and wreckers.
https://theaimn.com/builders-or-wreckers-the-contrast-is-stark/
”
Indeed! Morrison is the greatest wrecker closely followed by Duty, Abbott and Hockey (with able support from Credlin).
Frydenburg tried really hard but he could not compete with high achieving wreckers
P1
The key word in your quote is “could”, it makes no sense to include coal.
Coal cannot be started up on demand. The idea of base load power is dead gone and buried (we do seem to have base stupidity). We already have the situation where wind and solar have to be curtailed to keep coal fired stations running. That is when the spot market goes negative. As we get more renewables coal will distort the market more and more and to keep coal alive more money will have to be devoted to the lost cause.
As much as the Greens dream for it to be, coal is not going to survive.
Gas on the other hand makes a lot of sense. It is the cheapest solution to the problem, there is a risk that you run out of renewables and renewable storage. You don’t want to use gas, but it needs to be available as insurance.
How do you pay for the insurance?
Oliver Sutton and Laughtong re ‘green’ hydrogen…
I was curious recently…why are people talking about ‘hydrogen fuel cell’ cars but not ‘hydrogen internal combustion engine’ cars?
I googled it, mate(s).
Apparently, when hydrogen combusts with pure oxygen, the result is energy plus water.
When hydrogen combusts with air (which has oxygen plus other gases), the result is energy plus water plus some other more nasty waste products – some of which would contribute to global heating. Hence the focus on fuel cell cars, which use pure oxygen plus hydrogen.
Some, determining whether hydrogen is ‘green’ depends on how it is manufactured (must use renewables) and how it is combusted (must use pure oxygen).
Bloody Molan’s scraped back in to the Senate!
”
It’s becoming increasingly clear to backers that global share markets will feel the chill winds from the “cryptocurrency winter”, explains Karen Maley.
https://www.afr.com/companies/financial-services/why-all-investors-will-feel-the-pain-from-the-crypto-carnage-20220619-p5aut8
”
Another indeed! Because at its peak Crypto currency was worth a mind boggling 3 trillion dollars according to Ian Verrander. Now it could be worth less than 1 trillion dollars. 2 trillion dollars gone, vanished into thin air just like that.
A lot of ordinary and investment punters must have lost huge pile of money.
Teachers will be offered a hefty pay packet to work in regional Victoria during a statewide school shortage.
Casual relief teachers from Melbourne or other states will be offered up to $700 a day to teach in regional Victorian schools.
The financial incentive will be subsidised by the Victorian Department of Education in an effort to assist schools struggling to fill crucial roles.
The department has announced it will contribute more than $300 a day for city-based teachers who travel to country areas to support schools.
https://www.news.com.au/finance/work/at-work/victorian-teachers-offered-700-a-day-to-beat-regional-shortage/news-story/7938551b800f60ece04c0ad744e82824
imacca @ #35 Monday, June 20th, 2022 – 9:18 am
Who appointed Tom Rogers? Is it similar in any way to, say, the ABC, with a legislative framework and government appointed boss? There seem to be a number of controversial commissions (FWC?) operating our civil infrastructure. Are they working as advertised?
But to the point, the AEC did a good job, but what keeps it that way?
”
These researchers have found that transporting food across and between countries generates almost one fifth of greenhouse gas emissions from the food sector – and affluent countries make a disproportionately large contribution to the problem.
https://theconversation.com/the-worlds-affluent-must-start-eating-local-food-to-tackle-the-climate-crisis-new-research-shows-185251
”
No surprise at all.
As Americans like to put it “No sh*t, Sherlock “
UK Cartoons:
”
The SMH editorial says that the January 6 inquiry shines a light on the perilous state of US democracy. And it adds that the US should take a look at the Australian Electoral Commission as an example of how to safeguard this most basic machinery of democracy.
https://www.smh.com.au/national/nsw/january-6-inquiry-shines-a-light-on-the-perilous-state-of-us-democracy-20220619-p5auvz.html
”
Another “No sh*t, Sherlock “.
Mavis @8.27am, you may be interested in this photo from Brett Whiteley’s school days in Bathurst. He went there from Scot’s College in Bellevue Hill when he was in Year 9. It is said that the low rolling hills of the Bathurst region influence the flowing lines of some of his paintings (or wtte)
He’s the one with folded arms.
BK says:
Monday, June 20, 2022 at 10:09 am
Bloody Molan’s scraped back in to the Senate!
A few ex-army guys I work with at an ACT charity were saying they were glad he got in as he’s a “good bloke”. I went off to get coffee at this point in the discussion.
”
Socratessays:
Monday, June 20, 2022 at 8:17 am
On this story:
“ Head of Victoria’s anti-corruption commission says integrity agencies such as his must be given strong powers to investigate pork barrelling and other wrongdoing as the risk of graft increases.”
https://www.theage.com.au/politics/victoria/risk-of-graft-increasing-anti-corruption-commissioner-calls-out-pork-barrelling-20220617-p5auh2.html
Why is there such shock that pork barreling could be investigated as corruption? There are laws regarding funding processes. Several inquiries have already concluded that a number of Liberal grant scheme rorts were illegal under the Morrison government. If the behavior is both illegal and against the national interest, why can it not be investigated? This one should not be up for debate.
I have done a lot of work on infrastructure funding over my career and am familiar with the State and federal rules for them. There is always some bias in how funds are allocated, but there were still processes to ensure corruption and waste were avoided. Morrison was an appalling ignorer of process. Many of his largest financial decisions ignored normal processes. I look forward to investigation of this area of alleged corruption by any Federal ICAC. Start with the water deals, then move to subs, gas and toll roads, plus Barnaby’s inland rail to nowhere.
”
Socrates
Morrison became bold and brazen and then went berserk with pork barrelling along with Joyce is because of the incognito support of MSM by not reporting for what it is.
Even now people like Coorey, Ulhmann and Murdoch rags pretend there is no such problem.
Maybe they want to shout ‘witchhunt’ when current government pursues pork barrelling corruption.
mj @ 9:27am
“Age and education were once again one of the key factors explaining voting choice.”
It’s a minor irk in the report’s overall context, but nevertheless, correlation is not causation. What is the underlying link? Is there one? I prefer “describing voting choice” rather than “explaining” it.
C@t at 8.45
Finkel: In future, hydrogen made from excess solar and wind electricity during good weather will be stored in large volumes and used to fuel converted natural gas generators to provide long-duration storage.
____________
A few of things…
1. Labor’s response to the Coalition’s wedge-only Kurri Kurri gas-fired power station was NOT to oppose the project, but to provide support conditional on the station converting from natural gas to hydrogen within a certain number of years of commencement.
2. A caution on ‘storing’ hydrogen: it is the smallest element on the periodic tablet and ‘challenging’ to store. I think lots of hydrogen storage plans involve storing it as an element of ammonia.
3. It sounds like the resistance to pumped hydro resembles the sort of NIMBY resistance to wind farms. Infuriating. Infuriating also that, during the Decade of Denial and Delay, the federal govt acted as a brake on this option.
Pumped hydro is technologically as simple as hydroelectricity. When used as a large-scale energy store (run the water from the higher dam down to the lower one, passing through turbines to generate electricity, then sending the water back uphill during off-peak times) it is more efficient than Big Batteries. An ANU study found thousands of candidate sites around the nation (they excluded national parks, for example, and still found thousands.) In some cases, pumped hydro can use a ground level dam and a disused coal mine.
I have a Right wing brother in law with an engineering background. Even he thinks pumped hydro is THE silver bullet for the energy transition.
The fact we don’t have pumped hydro schemes dotting the nation is reprehensible.
BTW, I’ve decided not to count Snowy 2.0, even though it is a pumped hydro scheme. Another VERY late, VERY MUCH over budget, Coalition screw-up.
”
Socratessays:
Monday, June 20, 2022 at 8:27 am
“ Alan Finkel reckons this energy revolution is hard – really hard – but it’s doable. Interesting.”
Nothing against Bowen, but I don’t agree. Technically and economically the change to Renewable Energy (RE) is feasible now. Multiple agencies have already modelled how to have a stable RE grid.
ACT and Tassie have done it, SA is doing it, WA, NSW and Vic are starting. Households and business will get cheaper power.
The only hard bit (in Qld) will be political – building the new RE power (and jobs) before being seen to switch off the coal, so that workers can migrate to new jobs that exist. In some regions industry exit/assistance packages will be needed. But assist workers, not coal and gas companies. Labor owes the latter nothing after their 2010 opposition to the mining tax and funding the Libs in 2019.
”
Queensland is the West Virginia of Australia.
Hh
Keen to see what Malinauskas does with education in SA. These large and mixed year class sizes in public schools are p!ssing a lot of people off and they are leaving the system. Larger class sizes can work with very good teachers and a good sprinkling of SSOs but even then the cracks are large enough for a variety of kids to slip between – from the introverted, to the challenged (even minor challenges), to those with home problems and the ‘gifted’. We have been lucky. Seen so many others just give up and go private against their ideological preference.
Ha. Dont let Upnorth hear you say that.
But seriously, there aint nowhere quite like West Virginia.
The UAP has snagged a Victorian Senate seat, the only consolation being that it knocked Greg Mirabella out of the race. The Puff Adder will be spitting venom!
Well golly gosh that $25,000,000 flagpole will really improve the lives of Aboriginal people in places like Wilcannia eh.
BK. The UAP senator seems a nice enough chap.
https://www.theage.com.au/national/victoria/clive-palmer-candidate-could-be-senator-for-victoria-thanks-to-liberal-preferences-20220522-p5anhw.html
Liberal Greg Mirabella defeated in race for final seat in Victoria. Coalition loses third seat to United Australia Party’s Ralph Babet with 4% of the vote.
Antony Green – elections
@AntonyGreenElec
·
1m
So the Albanese government’s legislative agenda could now rest on who wins the final Senate seat in WA. If Labor’s 3rd candidate is elected, Labor + Greens have 38 Senate seat, 1 more for majority. Lose the seat and it’s 37 seats and multi-party negotiations
Ven @ 10:09
“2 trillion dollars gone, vanished into thin air just like that.”
I’m not sure it’s that simple. If you buy something, what you paid when you bought it is what it cost you. When you sell it, the difference is what you gained or lost at the time that you sold it. What others are paying in the meantime is just a guide to what you might hope to get when you sell your something. If you like, it represents hope. (And hype?)
Re: Bowen.
“TPOF says:
Monday, June 20, 2022 at 9:44 am
….Clearly both the Greens and the Liberals polling have identified Bowen as a ‘weak’ link in the Labor government and think that personal attacks on him will undermine Labor. From what I’ve seen of him since the election, as Minister, it seems to me they are on the wrong track!”
Indeed they are on the wrong track. In their fantasy about “Bowen the Neoliberal”, both forget that Bowen was the shadow ALP Treasurer who supported the negative gearing and other tax changes in the ALP program at the 2019 federal election. .. How “neoliberal” was that?
“Holdenhillbilly says:
Monday, June 20, 2022 at 10:44 am
Antony Green – elections
@AntonyGreenElec
·
1m
So the Albanese government’s legislative agenda could now rest on who wins the final Senate seat in WA. If Labor’s 3rd candidate is elected, Labor + Greens have 38 Senate seat, 1 more for majority. Lose the seat and it’s 37 seats and multi-party negotiations”
But “Labor + Greens have 38 Senate seat, 1 more for majority” is already a multi-party negotiation: ALP, Greens and Somebody else. Multi-party negotiations will be inevitable in the Senate, the questions are: Who will be the members of that “multi”? and, what kind of attitudes will they adopt during negotiations?
We can only hope that Wisdom will prevail.
Antony Green’s new electoral pendulum:
https://antonygreen.com.au/2022-post-federal-election-pendulum/
ajm @ #47 Monday, June 20th, 2022 – 9:44 am
Are you kidding? That’s Player One’s modus operandi. Jump to an unreasonable, unsubstantiated conclusion, then smear on the snark.
Alpo @ #75 Monday, June 20th, 2022 – 10:47 am
Not very.
“BK says:
Monday, June 20, 2022 at 10:32 am
The UAP has snagged a Victorian Senate seat, the only consolation being that it knocked Greg Mirabella out of the race. The Puff Adder will be spitting venom!”
Fortunately, the UAP winner will not be needed to pass legislation. The UAP projected to spend $70 M in the federal election campaign… They just got one seat in the Senate, that has no power to pass any legislation and, on top of that, their second preferences failed to help the Coalition win the election.
Yet another failure of Palmer’s “business model”?
Late Riser at 10.12
But to the point, the AEC did a good job, but what keeps it that way?
____________
I think the AEC did a ‘pretty good job’ – but the initial approach to phone voting for those who contracted Covid close to the election date was ALWAYS out of whack when set against mandated isolation periods for Covid-positive persons. This was foreseeable and easily addressed, but was only addressed at the last minute due to public outcry (kudos to Monique Ryan for her rapid, effective campaign on this.)
There seems little doubt that thousands of voters were effectively disenfranchised by the phone voting measures that weren’t changed until so late it would be impossible time-wise to receive all the votes from those needing to vote in this way (it took up to 30 minutes to vote by phone.)
I recall from the ‘Late Count’ pages here, when phone votes were counted, they ran heavily against the Coalition. Apparently, people with Covid were even less pleased with the Coalition than the rest of us!
So, was the ‘phone voting disenfranchisement’ due to oversight/incompetence by the AEC, or a deliberate calculation by then-Special Minister of State Ben Morton (the portfolio that oversees the AEC; Morton used to hold Tangney, until he lost it! Yippee for WA!) that too many phone votes could cost the Coalition seats?
Would Sukkar still hold Deakin if a proper number of phone votes had been possible?
The AEC is a pillar of our democracy. The Failed States of America don’t have an equivalent, one reason why that country is failing. None of this means the AEC is perfect or beyond manipulation – vigilance required!
AEC ✏️
@AusElectoralCom
·
5m
Another push of the button will happen today with the distribution of preferences for the WA Senate Count happening at 12 midday AWST (2pm AEST). As always we will publish a list of elected Senators ASAP after the even
Jan6 : “So, established by COAG.”
That body that doesn’t exist anymore?
What I’ve heard on the grapevine indicates that even a Mirabella would be less bad than the successful UAP Senate elect in Victoria who is akin to Marjorie Taylor Greene.
”
porotisays:
Monday, June 20, 2022 at 10:37 am
Well golly gosh that $25,000,000 flagpole will really improve the lives of Aboriginal people in places like Wilcannia eh.
”
poroti
You should have posted “shaking my head emoji “. 🙂
“Holdenhillbilly says:
Monday, June 20, 2022 at 10:53 am
Antony Green’s new electoral pendulum”
Yep, another swing at the next federal election equivalent to what the ALP got this time around (possible, given that this election was all about “the Coalition failures”, but the next one could be about “the ALP achievements and the Coalition irrelevance”), and it will be 15 more Coalition seats added to the “red-side” of Parliament… On top of that, it’s going to be fascinating to watch the Teals probably expand deep inside Liberal-Nationals-LNP heartland…. Oh, and to save the Coalition from that potential disastrous scenario, they have got…. Dutton!…. Good luck!
”
Late Risersays:
Monday, June 20, 2022 at 10:47 am
Ven @ 10:09
“2 trillion dollars gone, vanished into thin air just like that.”
I’m not sure it’s that simple. If you buy something, what you paid when you bought it is what it cost you. When you sell it, the difference is what you gained or lost at the time that you sold it. What others are paying in the meantime is just a guide to what you might hope to get when you sell your something. If you like, it represents hope. (And hype?)
”
A lots and lots of people must have bought cryptocurrency at the high end of its value. Otherwise its value would not have raised so much. But now it lost more than 2/3 of its value. So it is bound to hurt a lot of people.
Human nature being what it is they want to earn a lot of money quickly. Call it greed or selfishness or whatever. In the end a lot of people got hurt because of “get Rich quick” schemes.
BK
“The UAP has snagged a Victorian Senate seat, the only consolation being that it knocked Greg Mirabella out of the race. The Puff Adder will be spitting venom!”
The Mirrabella family still has Sophie’s $300K annual salary as an FWC “judge” to fall back on. Not such hard times.
Labor could add term limits and formal qualification requirements to all commission appointments to its list of needed reforms. Though the current state of the FWC is so egregious I think abolition is preferable.
In a nation heavily overstocked with lawyers (the modern Arts degree?), why appoint people to commissions as “judges” who have never practised law, let alone IR law? Either have mandatory qualifications or make it like State judicial appointments and insist on consulting bar associations on every appointment.
Of course this problem isn’t confined to the law and commissions. You still don’t have to be a registered or even qualified engineer to design bridges and multi-story buildings in 3 out of 6 states.
Holdehillbilly at 10.53
https://antonygreen.com.au/2022-post-federal-election-pendulum/
____________
Thanks for the link. I note especially…
“There were 84 seats that recorded Labor two-party preferred majorities against 67 with Coalition two-party preferred majorities.”
In my 2022 election wet dream, Labor would win about 84 seats and cross-benchers 16, leaving a delightfully generous 51 for the Coalition!
The Vice President Elect for Columbia after Sunday’s election looks a very interesting (and promising) representative. She is an Afro-Colombian human-rights and environmental activist and lawyer. She joined in a campaign against the diversion of a river (to a dam) in her teenage years and then went on to campaign against illegal mining (despite, or maybe because of, coming from mining family).
Also,
> In her campaign, she has advocated for women, Afro-Colombians and indigenous communities who have been largely excluded from Colombian politics.
https://en.wikipedia.org/wiki/Francia_M%C3%A1rquez
Ven at 11:05 am
Not to worry, it will allow people with good views views of the bridges , some in houses more expensive than the pole, to feel the warm inner glow of their virtue suitably signaled .
Freya Starksays:
Monday, June 20, 2022 at 11:05 am
What I’ve heard on the grapevine indicates that even a Mirabella would be less bad than the successful UAP Senate elect in Victoria who is akin to Marjorie Taylor Greene.
____________________________
Freya,
Such a person is great when they are in Opposition, the problems occur when they are required for passing legislation and have a wish list…
”
Holdenhillbillysays:
Monday, June 20, 2022 at 10:53 am
Antony Green’s new electoral pendulum:
https://antonygreen.com.au/2022-post-federal-election-pendulum/
”
As per Anthony Green analysis.
There were 16 seats won by trailing
candidates. Seven were won by Labor (Bennelong, Boothby, Gilmore, Higgins, Lyons, Robertson, Tangney), seven by Independents (Curtin, Fowler, Goldstein, Kooyong, Mackellar, North Sydney, Wentworth), and two by the Greens (Brisbane from 3rd place and Ryan).
Ven: “2 trillion dollars gone, vanished into thin air just like that.”
Fundamental lack of understanding of the way market-caps work. Crypto are not stocks. They aren’t regulated, and the token has zero relationship to an underlying asset. To get a hundred million dollar ‘market cap’ for a token, you can have a million tokens, and sell 100 of them for $100 each. That’s it. You now have a hundred millon dollar market-cap, and that’s exactly what has happened in tens of thousands of examples. Actual money spent? $10K. Two trillion dollars didn’t ‘vanish’, they were never there in the first place. If you think that people have invested two trillion dollars in the crypto market over the past two years, and then sold them all, you have rocks in your head. If the two trillion dollars didn’t ever exist, it can’t very well have vanished, can it?
What is going on here mostly is that a whole bunch of unsophisticated degenerate gamblers bet on things that they didn’t understand. Those people get shafted by the shysters and charlatans that make these gambling tokens in glorified pump and dump schemes. How much money have they extracted out of the plebs? Who knows. At least a few billion. Two trillion? Ridiculous. For the great bulk of people who buy bitcoin, however, that have timelines of five years or more, these movements are irrelevant. The exact same “omg muh cryptocrash” conversations were happening in 2012, 2014, 2015, 2016, 2018, 2019 and now 2022. In the other years (2013, 2017, 2020 and 2021) the exact opposite “omg muh bubble” was happening.
Don’t bet on crypto, kids. It’s like betting on the derivatives of gambling tokens. There are literally ten thousand scams in this space. If you think you know how to pick the one winner out of ten thousand scams, you have an inflated sense of your abilities.
But these breathless anouncements of “omg, muh trillions” don’t really have any relationship to the thing that’s happening at all.
Pi @ #83 Monday, June 20th, 2022 – 10:34 am
Yeah. They now report to the The Energy Security Board reports to the Energy National Cabinet Reform Committee (ENCRC).
Pi says:
Monday, June 20, 2022 at 11:25 am
Don’t get on crypto, kids. It’s like betting on the derivatives of gambling tokens.
_____
Just a few months ago you were saying you had your entire wealth in crypto and disparaged the property ladder.
I see Pi above making the very important distinction between Bitcoin and ‘Crypto’ (shitcoins).
I don’t expect to find such sagacity on PB which is generally clueless on anything except Australian politics, so that’s a nice surprise, but I have noticed Pi making other useful observations in my infrequent visits to this forum.
So when can we expect the coup to happen in Columbia? First time in living memory that a leftist has been elected in the country. They have always struggled to get political traction to being tagged with being soft on the FARC. But since the peace deal with the FARC, it is less of an issue.
I am half joking about there being a coup but it really depends on how things go. The military is probably choke full of conservative officers who have been fighting the civil war and may struggle with the new reality.
Victoria’s new UAP senator:
“On Christmas Day in 2014, he pleaded not guilty to a charge of criminal damage, which was withdrawn in 2015, and in 2017, a criminal damage charge was recorded with no conviction because Babet accepted responsibility without pleading guilty. He pleaded guilty to unlawful assault in 2018 before a magistrate dismissed the charge when he complied with an undertaking.”
From the Age article linked above.
nath: “Just a few months ago you were saying you had your entire wealth in crypto and disparaged the property ladder.”
No I didn’t, and if you assert otherwise, quote me. I’ve called ‘crypto’ a scam for the better part of a decade. I have bitcoin, and bitcoin isn’t ‘crypto’.