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Malta’s BCRS Recycling Scheme – A Dangerous Scam

Published: December 16, 20241 Comment

bcrs scam maltaMalta’s Beverage Container Refund Scheme (BCRS) is a classic case of good intentions executed with breathtaking incompetence—and possibly even a sprinkle of opportunism. On paper, the scheme sounds noble: incentivize recycling by offering a small refund for returned beverage containers. In reality, it’s a poorly disguised mess that preys on the most vulnerable members of society. Filipinos and other migrant workers, desperate to scrape together a few extra euros, are often seen hauling massive bags of empty plastic bottles, walking along poorly lit roads or swerving precariously through traffic on bikes. It’s a disturbing sight—something you’d expect in a Dickensian novel, not in a supposedly modern EU country.

The real kicker here is that this scheme seems tailor-made to exploit those with no better options. Who else would bother spending hours scouring bins and public spaces for discarded bottles worth a mere 10 cents each? Meanwhile, the companies that run the BCRS are cashing in on the infrastructure paid for by the public, and no one is asking any serious questions about how the money flows. For the migrants, the risk isn’t just physical—dodging traffic while carrying back-breaking loads—it’s also economic. Let’s not kid ourselves: the time they spend collecting bottles rarely adds up to a decent hourly rate. It’s modern-day exploitation dressed up as environmental policy.

The environmental angle is particularly galling. Malta’s roads, already infamous for their lack of pedestrian safety and adequate lighting, now play host to people risking their lives for pocket change. The government pats itself on the back for encouraging “sustainability,” but where’s the accountability for the larger systemic failures? Why aren’t employers and the state stepping in to provide better work opportunities for migrants, rather than leaving them to pick up the literal scraps of society? Even more infuriating, the same authorities that trumpet the scheme’s success don’t seem to care about the human cost of their so-called eco-friendly initiatives.

To me, the BCRS is less about reducing waste and more about shifting responsibility away from the corporations producing all this plastic in the first place. It conveniently puts the burden on individuals—many of whom have no other means of income—while those higher up the food chain profit off the illusion of “green progress.” It’s exploitative, shortsighted, and deeply unfair, and unless this scheme is overhauled to provide real incentives and better conditions for everyone involved, it’s nothing more than a scam hiding behind a thin veneer of sustainability.

The companies behind Malta’s BCRS scheme are essentially running what looks like a state-approved racket. Here’s the breakdown: every beverage container sold in Malta comes with a 10-cent deposit that you, as the consumer, are supposed to get back when you return the empty bottle or can to a designated recycling machine. On the surface, it seems like a closed-loop system—what comes in goes out. But in practice, it’s a one-sided cash cow for the companies managing the scheme.

First, let’s talk about the unclaimed deposits. Not everyone returns their bottles. Some are too busy, some don’t care, and others simply forget. That unclaimed deposit money doesn’t go back to consumers; it stays with the companies managing the scheme. Considering Malta’s population and its staggering levels of plastic consumption, this easily amounts to millions of euros in “free” money for these companies. Essentially, they’ve monetized public apathy or inconvenience.

Then there’s the recycling infrastructure itself, which is funded through various public and private streams. Whether it’s EU funds or government subsidies, the public foots a significant portion of the bill for setting up and maintaining the system. Yet the operational profits—be it from unclaimed deposits, sales of recycled materials, or the handling fees charged to beverage producers—flow straight into private pockets. The public pays twice: once at the point of sale through the deposit fee, and again indirectly through taxes or levies used to prop up the system.

And let’s not forget about the corporate greenwashing. Beverage companies love the BCRS because it lets them sidestep real responsibility for the mountains of plastic they churn out. They contribute a nominal fee to the scheme but avoid investing in more sustainable packaging or proper waste management systems. Meanwhile, the recycling companies profit off the illusion of “circularity” while doing little to address Malta’s larger waste management crisis.

So, the companies running the show are cashing out by turning the deposit system into a profit-generating machine. They benefit from unclaimed funds, publicly funded infrastructure, and a steady stream of recyclable materials they can sell. Meanwhile, consumers, migrant workers, and the environment shoulder the real costs. It’s a masterclass in privatizing profits while socializing burdens.

How about the fact that BCRS Ltd is a non-profit, doesn’t that mean that it’s a noble organisation, you might ask?

Ah, the “nonprofit” label—it’s a clever shield, isn’t it? Yes, Malta’s BCRS operator is technically a nonprofit, but that doesn’t mean there’s no money flowing back to the beverage companies or that they’re not benefiting handsomely from the system. Let’s pull back the curtain a bit.

Nonprofit status doesn’t mean the organization can’t make money—it simply means they don’t pay out profits as dividends to shareholders. But that money still goes somewhere, and in this case, it’s often reinvested in ways that benefit the very beverage companies behind the scheme. Remember, the BCRS in Malta is controlled by the beverage industry itself. The board of the nonprofit includes major beverage producers and importers, meaning they’re the ones deciding how the funds are used. Whether it’s fancy new equipment, administrative expenses, or “education campaigns,” the same companies calling the shots are the ones indirectly benefiting from these allocations.

And let’s not forget the unclaimed deposits—millions of euros in uncollected 10-cent fees. While the nonprofit claims to reinvest these funds into the system, the lack of transparency leaves a lot of room for doubt. How much of that money goes to furthering the scheme’s goals versus, say, bolstering the operational framework that primarily serves the interests of the beverage industry? For instance, infrastructure improvements might reduce the companies’ long-term costs, or a new recycling plant might benefit their bottom line by processing materials more efficiently.

Even if the money isn’t directly flowing back to the companies as profit, the scheme still saves them from bearing the true cost of the environmental damage their products cause. Instead of investing in real sustainability, like biodegradable packaging or reduced plastic production, they’ve passed the burden onto consumers and the nonprofit system. And since the government has mandated the deposit scheme, these companies get to position themselves as eco-friendly heroes without facing stricter regulations or taxes on their unsustainable practices.

So while technically the nonprofit might not directly funnel cash to beverage companies, it operates within a framework designed to protect and benefit them. It’s like setting up a system where you control the purse strings, get the PR boost of being “green,” and still avoid making meaningful changes. Call it nonprofit in name, but the corporate interests pulling the strings are the ones that come out on top.

What Should Be Done Instead?

Malta’s environmental and public health crises are deeply intertwined, and addressing them requires more than surface-level fixes like the BCRS. The real solutions lie in tackling the root causes of waste and unhealthy behaviors. Here are some ideas that could make a genuine difference:

  1. Promote Local, Sustainable Diets: The Maltese diet has shifted away from its Mediterranean roots, which traditionally featured fresh vegetables, legumes, and olive oil, to one overloaded with processed foods and takeaway meals. Reviving traditional cooking practices through education and incentives, like subsidies for local farmers and community cooking workshops, could reduce reliance on heavily packaged, imported foods. This would also cut down on plastic waste and improve public health.
  2. Encourage Refillable Packaging Systems: Instead of relying on schemes like the BCRS, Malta could adopt widespread refillable systems. Beverage companies could be mandated to sell drinks in glass bottles with a proper deposit system for reuse, or refill stations could be placed in supermarkets for water, soft drinks, and even household products. These systems have worked in other countries and would significantly reduce single-use plastic.
  3. Tax Unhealthy and Over-Packaged Products: Much like taxes on tobacco, imposing higher taxes on sugary drinks, fast food, and excessively packaged goods could discourage their consumption. The revenue generated could fund health and environmental initiatives, like better infrastructure for walking and cycling or subsidies for healthier food options.
  4. Educate and Empower Young People: Schools in Malta could place a much stronger emphasis on environmental education and healthy living. This could include programs on waste reduction, nutrition, and cooking skills. Children and teens are often the most receptive to change and can influence their families’ habits over time.
  5. Improve Infrastructure for Active Lifestyles: Malta’s roads and urban planning discourage walking and cycling, which not only limits healthy activity but also worsens car dependency and pollution. Building safe pedestrian pathways, lighting up rural roads, and establishing proper bike lanes could transform how people get around. Active lifestyles aren’t just good for physical health—they also reduce reliance on takeaway culture and the associated waste.
  6. Hold Producers Accountable: Malta needs stronger laws to make producers responsible for the waste they generate. Extended Producer Responsibility (EPR) schemes could require companies to bear the full cost of collecting and recycling the waste their products create. This would force them to rethink packaging and reduce plastic use at the source.
  7. Community-Driven Solutions: Empowering local communities to take charge of waste reduction and healthier living could have a significant impact. Initiatives like urban gardens, zero-waste shops, and cooperatives for bulk buying healthier foods would not only reduce waste but also foster social connections and resilience.

In essence, Malta needs to shift from treating symptoms to addressing systemic issues. It’s not just about managing waste more effectively; it’s about rethinking how the country eats, shops, and moves. Combining sustainable environmental practices with a push for healthier lifestyles could reduce obesity, cut plastic consumption, and create a more resilient society. It’s ambitious, but without systemic change, Malta risks being buried under a mountain of its own plastic and health issues.

The BCRS scheme in Malta is a textbook example of how good ideas can be warped to serve corporate interests while leaving society to pick up the pieces—literally and figuratively. Cloaked in the guise of environmental responsibility, it exploits the most vulnerable members of the community, shifts the burden of waste management onto consumers, and provides a convenient smokescreen for beverage companies to avoid real accountability. Nonprofit status or not, the system ultimately reinforces a framework that benefits the corporate players who profit from the plastic economy while creating new hardships for everyday people. If Malta truly wants to tackle its waste crisis, it’s time for a hard look at the human and systemic costs of this scheme, and for a shift toward policies that hold the real polluters to account. Until then, the BCRS remains less about sustainability and more about sustaining the same exploitative, business-as-usual approach.

Filed under: Expat life

Plastic Recycling is a Scam: Here’s Why You Should Stop Believing the Lies

Published: December 15, 2024Leave a Comment

Yes, I believe that plastic recycling is one of the many scams governments and the corporations that are in cahoots with them have fed us. Read on to understand why.

The Origins of the Plastic Recycling Myth

The myth of plastic recycling wasn’t born out of environmental concern. Back in the 1970s and 1980s, oil and petrochemical giants—think Exxon and Shell—found themselves under fire for the environmental havoc their products were wreaking. They didn’t double down on fixing the problem. Instead, they pivoted to deflection, launching massive PR campaigns that pointed the finger at us, the consumers.

These campaigns introduced the now-ubiquitous recycling triangle symbol, subtly convincing us that if we just sorted and cleaned our plastics correctly, everything would be fine. What they didn’t tell us was that the majority of plastics can’t actually be recycled. But the strategy worked. The public embraced recycling while corporations continued to churn out billions of tons of disposable plastics, guilt-free.

Why Plastic Recycling is Broken

Unlike materials like glass or aluminum, most plastics degrade with each recycling cycle. At best, they’re “downcycled” into low-grade items like park benches or synthetic fibers, which can’t be recycled again. And the statistics are damning: less than 10% of all plastic ever produced has been recycled, according to a 2022 OECD report. The rest? It’s clogging landfills, choking marine life, or being burned, releasing toxic chemicals into the atmosphere.

Why? Because most types of plastic are either too contaminated or too expensive to recycle. The process is complicated, inefficient, and simply not designed to handle the flood of plastic waste we produce every single day. It’s not just inefficient; it’s economically impractical. Virgin plastic—made from fossil fuels—is far cheaper to produce, thanks to massive subsidies for oil and gas. Recycling, on the other hand, requires complex sorting, cleaning, and remanufacturing processes that cost far more than simply making new plastic. And because of these costs, only a narrow range of plastics—typically PET and HDPE—are deemed worth recycling. The rest, from your yogurt cups to cling film, is destined for the dump no matter how diligently you separate it.

Understanding the Different Types of Plastic

To truly grasp the scale of the recycling problem, it’s important to understand the different types of plastic and their recyclability. Plastics are categorized by Resin Identification Codes (RICs), the numbers inside the familiar recycling triangle. Here’s what those numbers actually mean:

  • PET (Polyethylene Terephthalate): Commonly used for water bottles and food containers. PET is one of the few plastics that can be recycled efficiently, but even then, only a fraction actually gets processed.
  • HDPE (High-Density Polyethylene): Found in milk jugs, shampoo bottles, and cleaning product containers. Like PET, HDPE is easier to recycle and often accepted by most recycling programs.
  • PVC (Polyvinyl Chloride): Used for pipes, window frames, and some packaging. PVC is rarely recycled due to the release of harmful chemicals during the process.
  • LDPE (Low-Density Polyethylene): Common in plastic bags, cling film, and some packaging. LDPE recycling is limited and not widely available.
  • PP (Polypropylene): Found in yogurt containers, bottle caps, and straws. While technically recyclable, it’s often not accepted because it’s less economically viable.
  • PS (Polystyrene): Used for foam cups, takeout containers, and packing peanuts. Polystyrene is almost never recycled due to its fragility and the difficulty of processing it.
  • Other (Miscellaneous): Includes mixed plastics like polycarbonate and bioplastics. This category is essentially non-recyclable and typically ends up in landfills.

Even with the best intentions, the reality is that only plastics #1 and #2 are recycled at any meaningful scale. The rest are simply discarded, perpetuating the illusion that we can recycle our way out of the plastic crisis.

Are Plastic Bag Bans and Biodegradable Plastics the Answer?

In recent years, many governments have rolled out bans on plastic bags in supermarkets, positioning them as a key step in tackling plastic waste. But critics argue that these bans sometimes serve as more of a PR move than a genuine environmental solution. For one, shoppers often replace banned plastic bags with alternatives like paper or thicker reusable plastic bags, which can have an even higher environmental footprint if not reused extensively. The net effect? We may simply be swapping one waste problem for another.

And what about biodegradable plastics? At first glance, they seem like an ideal compromise—plastics that can break down naturally in the environment. But the reality is more complicated. Most biodegradable plastics require specific industrial composting conditions to decompose, conditions that are often unavailable. In many cases, these materials act just like regular plastics in landfills and oceans, persisting for decades. Worse yet, the “biodegradable” label can encourage more single-use consumption by giving people the false impression that these products are harmless.

The Link Between Plastics and Unhealthy Consumption

Plastic pollution isn’t just an environmental issue; it’s deeply tied to our modern consumption habits. A significant portion of the plastic waste we generate comes from items like soft drinks, takeout containers, and heavily packaged supermarket foods. These are often convenience items—products of a fast-paced lifestyle that prioritizes ease over sustainability or health. Ironically, many of these items, from sugary drinks to processed snacks, are things we shouldn’t be consuming in the first place due to their negative impact on health.

Encouraging a shift toward healthier eating habits—favoring fresh, unpackaged foods—could significantly reduce our reliance on single-use plastics. By addressing our addiction to convenience, we not only improve personal well-being but also tackle the systemic overproduction of plastic. It’s a win-win that underscores how deeply interconnected these issues are.

Is Home Recycling Useless?

If you’ve ever wondered whether the waste separation you diligently do at home is pointless, the answer isn’t black and white. For plastics, the sobering reality is that much of what you separate will not be recycled. As mentioned earlier, only plastics labeled #1 and #2 have a real shot at being processed, while the rest often ends up in landfills or incinerators, regardless of your efforts. This can make recycling feel like a futile exercise, especially when the system itself is so broken.

However, separating your waste isn’t entirely useless. Materials like aluminum, glass, and paper are recycled far more efficiently and consistently than plastic. By ensuring these materials are correctly sorted, you are contributing to a circular economy for those resources. Additionally, household recycling serves as a visible reminder of the waste we generate, which can motivate individuals to adopt more sustainable consumption habits.

What really matters, though, is going beyond the blue bin. Focus on reducing your reliance on single-use items entirely. Choose reusable alternatives, support businesses that prioritize sustainable practices, and advocate for systemic changes that hold corporations accountable for the waste they produce. Individual action, while not the sole solution, is still a meaningful part of the larger push for change.

In my case, for example, I’ve chosen to use re-usable containers for my daily healthy food deliveries rather than one-time use plastic packaging.

The Human and Environmental Cost

If the system wasn’t bad enough already, the true cost of this sham is often paid by developing countries. Wealthier nations export their “recyclable” plastic waste to poorer regions, where it’s frequently dumped or burned, poisoning local communities. Meanwhile, microplastics—tiny fragments of degraded plastic—have infiltrated the food chain, the air we breathe, and even human bloodstreams. The fallout is staggering: entire ecosystems ravaged, wildlife populations decimated, and human health increasingly at risk.

What’s worse, corporations continue to offload the blame onto us. By focusing on individual behavior, they obscure the real issue: systemic overproduction. We’re told it’s our responsibility to recycle better when, in reality, the sheer volume of plastic being produced far outpaces the system’s ability to process it.

Breaking the Cycle: What Needs to Change

  1. Reduce Plastic Production: Single-use plastics must be phased out, starting with unnecessary items like packaging and cutlery. Policies like the EU’s ban on single-use plastics are a start, but the scale of the problem demands more aggressive action.
  2. Hold Corporations Accountable: Companies that profit from plastic must be forced to clean up their act. Extended Producer Responsibility (EPR) laws, which mandate that manufacturers manage the waste their products generate, could shift the burden from taxpayers to the corporations that created the problem.
  3. Push for Systemic Change: Recycling won’t fix this. Governments need to incentivize reusable alternatives and invest in innovation. Meanwhile, consumers must push back against corporate narratives that place the onus on individual behavior.

Final Thoughts

The promise of plastic recycling is one of the most successful lies ever sold. It’s given us a false sense of security while the plastic industry continues to wreak havoc on the environment. The real solution is uncomfortable and inconvenient: producing less plastic, holding corporations accountable, and fundamentally rethinking our consumption habits. But it’s the only way forward.

If we truly want to tackle the plastic crisis, we have to let go of the comforting lie. Recycling isn’t the answer—it’s a distraction from the real problem. The fight against plastic pollution demands bold, systemic change, and the first step is seeing the scam for what it really is.

Filed under: Thoughts & Experiences

Stock Ideas for the Trump Presidency

Published: December 13, 2024Leave a Comment

I believe a few sectors will flourish under the Trump administration, having been suppressed under the Democrats for the past years. I’m also taking into consideration new technological advances like AI, as well as geopolitical issues like the shaky relationship between China and the USA, as well as the unpredictability of Russia.

I use brokers like SaxoTrader and DEGIRO for trading stocks, and while I’m not a day trader, I love to take a few bets in addition to my long-term portfolio which mainly consists of the SP500 index ETF and some other broadly diversified holdings.

As Donald Trump returns to the presidency, several sectors are poised for significant growth under anticipated policy shifts. With reduced regulations, a focus on domestic industries, and a push for technological advancements, investors have exciting opportunities ahead. Here are some ideas I’m thinking about.

Bitcoin and Cryptocurrency

Under the Biden administration, the cryptocurrency sector faced significant challenges, including Operation Chokepoint 2.0, which stifled innovation and cast doubt on the industry’s future. With Trump’s return, the regulatory environment could shift, fostering renewed growth and innovation in the crypto space.

Investment Opportunities

  • Coinbase (COIN): As a leading cryptocurrency exchange, Coinbase is poised to capitalize on regulatory relief and increased trading activity.
  • MicroStrategy Incorporated (MSTR): With substantial Bitcoin holdings, MicroStrategy stands to benefit directly from a resurgence in Bitcoin’s prominence.
  • iShares Bitcoin Trust ETF (IBIT): Offered by BlackRock, it is a Bitcoin ETF available in the USA and not directly accessible to European investors due to regulatory differences. It has a low expense ratio of 0.25% and closely tracks the price of Bitcoin, making it popular among investors in markets where it is available.
  • 21Shares Bitcoin Core ETP (CBTC): This exchange-traded product (ETP) is available to European investors, is domiciled in Switzerland and offers a highly competitive total expense ratio of 0.21% per annum. It’s my favorite way to get exposure to Bitcoin and what I recommend to anyone who wants to add Bitcoin to their portfolio.

Artificial Intelligence and Semiconductor Manufacturing

Artificial intelligence (AI) continues to reshape industries globally, and semiconductor manufacturing is at the core of this transformation. With policies expected to promote innovation and strengthen domestic production, the U.S. could emerge as a leader in AI and chip technologies under the Trump administration.

Investment Opportunities

  • NVIDIA Corporation (NVDA): A market leader in GPUs and AI processors, NVIDIA is at the forefront of AI advancements and data center technologies.
  • Advanced Micro Devices (AMD): With cutting-edge processors and strong market momentum, AMD is poised for continued growth in AI applications and computing power.
  • Taiwan Semiconductor Manufacturing Company (TSMC): As the world’s largest contract chipmaker, TSMC is crucial to AI and advanced computing, providing essential chips for numerous applications.

Nuclear Energy

Real progress in addressing climate change hinges on technological innovation rather than pipe dreams of limiting human consumption of fossil fuels. With Trump’s administration likely to promote practical solutions over restrictive fossil fuel policies, nuclear energy is positioned for a renaissance. Today’s nuclear technology is much safer and more efficient, making it a key player in the energy landscape.

Investment Opportunities

  • Exelon Corporation (EXC): A leader in nuclear energy, Exelon is set to benefit from increased governmental and private-sector support.
  • Global X Uranium ETF (URA): This ETF offers exposure to uranium miners, a critical component of the nuclear energy supply chain.
  • NextEra Energy (NEE): Balancing nuclear capabilities with renewable energy projects, NextEra presents a compelling investment option.

Defense and Aerospace

As global security challenges evolve, the defense sector is pivoting towards cost-effective solutions like drone technology. Trump’s focus on strengthening the military is likely to drive increased funding for cutting-edge defense and aerospace initiatives.

Investment Opportunities

  • Northrop Grumman (NOC): Renowned for its advancements in drone technology, Northrop Grumman is well-positioned to lead the shift towards unmanned aerial solutions.
  • iShares U.S. Aerospace & Defense ETF (ITA): This ETF provides diversified exposure to leading U.S. defense companies, ideal for benefiting from heightened defense spending.
  • Lockheed Martin (LMT): With expertise in aerospace and cutting-edge defense systems, Lockheed Martin remains a cornerstone of the sector.

Banking and Finance

Under Trump’s administration, financial institutions can expect regulatory rollbacks that open avenues for growth. Relaxed compliance requirements and favorable monetary policies could boost profitability across the sector.

Investment Opportunities

  • JPMorgan Chase & Co. (JPM): Positioned to capitalize on relaxed regulations and interest rate shifts, JPMorgan is a top pick in the financial sector.
  • Financial Select Sector SPDR ETF (XLF): Offering broad exposure to banks and financial institutions, this ETF balances risk and growth potential.
  • Goldman Sachs (GS): Known for its strategic innovation, Goldman Sachs is poised to benefit from market-friendly policies and expanded financial products.

Automotive and Manufacturing

Trump’s focus on reviving domestic manufacturing is likely to rejuvenate the automotive sector. Tariffs and incentives for local production could significantly benefit American automakers.

Investment Opportunities

  • Ford Motor Company (F): With policies favoring American manufacturers, Ford stands to gain from a resurgence in domestic production.
  • First Trust NASDAQ Global Auto Index Fund (CARZ): This ETF ensures diversified exposure to global automotive manufacturers.
  • General Motors (GM): Investments in electric and hybrid vehicles align with policies supporting domestic innovation.

Construction and Infrastructure

Trump’s administration has consistently emphasized infrastructure development as a cornerstone of economic growth. An increase in federal spending on public works projects could stimulate the construction sector significantly.

Investment Opportunities

  • Caterpillar Inc. (CAT): A global leader in construction equipment, Caterpillar is positioned to benefit from an infrastructure boom.
  • iShares U.S. Infrastructure ETF (IFRA): This ETF provides diversified exposure to companies involved in infrastructure development.
  • Vulcan Materials Company (VMC): As a major supplier of construction aggregates, Vulcan is set to thrive under increased demand.

Energy Sector

Trump’s balanced approach to energy—supporting traditional fossil fuels while encouraging renewables—is likely to spur growth across the sector. Energy companies could see increased production and profitability under favorable policies.

Investment Opportunities

  • ExxonMobil (XOM): With extensive fossil fuel operations and renewable initiatives, ExxonMobil is a key player in the sector.
  • Energy Select Sector SPDR Fund (XLE): Offering diverse exposure to leading energy companies, this ETF is ideal for capturing sector-wide growth.
  • NextEra Energy (NEE): Combining nuclear and renewable energy strategies, NextEra is positioned for success under a pragmatic energy policy.

Conclusion

Investors who understand the dynamics of a Trump-led administration can position themselves to take full advantage of the opportunities that arise. By focusing parts of our portfolios on these sectors that are poised for resurgence or explosive growth, we can take advantage of this upcoming potential economic transformation. The key is to act strategically, staying informed and prepared to adapt to evolving market conditions, as we can also expect a few unpredictable moves from Trump in the next 4 years.

In the Good Life Collective, we frequently discuss trading ideas and our portfolio holdings. I firmly believe that getting feedback on our ideas is essential to avoiding costly mistakes in investing, and that is why I value our close-knit community so much. If you’re interested in joining our community, click here to apply.

I’d love to hear your thoughts on what investments are likely to deliver index-beating results over the next presidential term. Let me know in the comments section below.

Filed under: Money, Stock market

Retro Gaming Handheld Consoles – Great for Kids and Adults Alike

Published: December 10, 2024Leave a Comment

retro gaming

Video games were present in every stage of my childhood and teenage years, and I continue to play games regularly to this day. I consider gaming to have been an immensely formative experience for me, as well as an essential outlet for stress and a trigger for my imagination.

When I had kids, I was determined to prevent them from drifting into the world of shallow games on iPads and phones, which I mostly consider to be utter garbage. Instead, I wanted them to experience the every early games as I had done. When they’re older, they can decide for themselves which games they want to play, but for now I wanted an offline, one or two player simple experience in their gaming sessions, and retro games fit the bill perfectly.

In an age dominated by powerful gaming PCs, cutting-edge consoles, and visually stunning open-world games, it’s easy to overlook the simple magic of retro handheld consoles. These pocket-sized devices are not just nostalgia machines for those of us who grew up in the 80s and 90s, but they also offer an engaging and accessible experience for kids today. Whether you’re a parent wanting to introduce your child to the classics or an adult craving a trip down memory lane, retro gaming handheld consoles provide hours of entertainment for everyone.

A Bridge Between Generations

Original retro gaming handhelds like the Game Boy or the Sega Game Gear have always been sought-after as collectors’ items, however there has been a huge advancement in the availability, affordability and variety of retro game emulator handhelds. They are simple to pick up and play and typically can store thousands of games on them. There’s no complicated online account setup, no over-complicated tutorials—just pick up and play. For adults, it’s a reminder of simpler times, when gaming was about beating high scores and discovering secrets level by level. For kids, it’s a chance to learn the roots of the games they love today and build a shared bond with their parents.

Simplicity is the Key

One of the greatest appeals of retro handheld gaming is the simplicity of gameplay. Classic titles like “Tetris,” “Super Mario Land,” or “Sonic the Hedgehog” are easy to understand but difficult to master. This kind of simplicity is wonderful for kids, who can start playing instantly without needing to navigate complex systems. At the same time, it can provide adults with a sense of achievement after completing levels that are challenging in their own unique way.

Nostalgia and New Memories

For adults, picking up a retro handheld console isn’t just about playing a game—it’s about nostalgia. The pixel art graphics, the iconic chiptune music, and even the slightly washed-out screens take many back to their childhoods. Introducing these elements to a new generation not only brings a sense of shared history but also adds a touch of novelty that today’s polished, photorealistic games can’t quite capture. There’s something uniquely satisfying about sitting down with your child and saying, “This is the kind of game I played when I was your age.” It allows parents and children to connect over shared experiences—one past, one present, but both enjoying the moment.

Ideal for Travel

Retro handheld emulator consoles are also ideal for travel. Compact and lightweight, they’re perfect companions for road trips, long flights, or even waiting in line. Modern iterations of retro handhelds now come with hundreds of preloaded games, eliminating the need for multiple cartridges. The battery life of these devices is also designed to last for hours, making them perfect for keeping kids occupied on a long journey or giving adults a distraction during their commute.

A Wide Range of Options

The resurgence of retro gaming has resulted in many modern handhelds hitting the market, such as the Anbernic RG series, Retroid Pocket, and even Nintendo’s classic Game & Watch re-release. These devices blend nostalgia with modern tech, offering retro games with quality hardware that boasts bright screens and comfortable controls. Most even offer save states, so you don’t have to start over every time—a luxury the original consoles never had!

Affordable and Accessible

Compared to modern consoles that can be costly and require pricey games, retro handhelds are often much more affordable. Whether you’re buying an authentic refurbished console or a newly built retro-style device, these handhelds are relatively inexpensive, making them accessible to both kids who may be prone to dropping their devices and adults who don’t want to break the bank.

My Favorite Devices

There are several retro handheld consoles that stand out to me personally, each with its own unique features that make it a joy to use:

Trimui Smart: This small but powerful device is incredibly pocketable, making it perfect for taking anywhere. Despite its compact size, the Trimui Smart offers a surprising number of classic games, and its intuitive interface makes it easy for both adults and kids to pick up and play. Its simplicity and portability are its greatest strengths, offering hours of fun without any hassle. It’s great for gifting to kids or adults.

Anbernic RG40XXH: The Anbernic RG40XXH is another favorite. Known for its excellent build quality, bright screen, and ergonomic design, it feels great in the hands, even during extended play sessions. The RG40XXH also comes with a broad library of preloaded games, making it a fantastic choice for those looking to dive right into their favorite retro titles. Its powerful hardware ensures smooth emulation for a wide range of classic games.

Powkiddy RGB30: The Powkiddy RGB30 stands out due to its vibrant screen and user-friendly controls. It’s a bit larger compared to some other handhelds, but that makes it perfect for enjoying the colorful pixel art of classic games. The RGB30 is also highly versatile, supporting a variety of retro systems, which makes it an ideal choice for both newcomers and seasoned retro gamers alike. It strikes a great balance between performance and affordability.

Miyoo Mini Plus: The Miyoo Mini Plus is a charming device that brings together a cute, compact design with impressive gaming capabilities. Its small form factor makes it easy for kids to handle, while adults will appreciate its nostalgic feel. The Miyoo Mini Plus also features save states and customizable settings, making it one of the more user-friendly options on the market. Despite its small size, it packs a punch in terms of gameplay and offers a wonderful retro experience for all ages.

Anbernic RG353PS: This is perfect for gifting to kids or friends who would appreciate reliving their childhood. Combined with ArkOS you can really make it simple for these two profiles of users to get started with playing right away without any hang ups. Follow the guide here to set things up.

Operating Systems for Retro Handhelds

The experience of using retro handheld consoles can be further enhanced by choosing the right operating system. Many of these devices support custom firmware that offers improved features, better emulation, and more user-friendly interfaces.

ArkOS: ArkOS is a popular custom firmware used for many retro handheld devices. It is known for its stability and wide range of supported systems, providing a polished experience for those who want to get the most out of their device. ArkOS is particularly favored for devices like the Anbernic RG series, where it brings a host of features including better game organization, save states, and performance enhancements.

MiniUI (for Trimui Smart): The Trimui Smart really shines when paired with MiniUI. This lightweight operating system is designed to keep things simple, sticking with the core idea of pick-up-and-play. MiniUI is easy to navigate, offers a clean interface, and optimizes the performance of the Trimui Smart. It keeps everything streamlined, allowing users to focus on enjoying their favorite classic games without any unnecessary extras.

Batocera: Batocera is another well-known operating system for retro gaming. It is designed to run on a variety of devices, including the Anbernic RG series and other handhelds. Batocera offers a polished user experience with an intuitive interface, a wide range of emulator support, and excellent customization options. It is especially popular for its ease of setup and consistent performance.

ROCKNIX (formerly JELOS): ROCKNIX is an open-source operating system that is optimized for retro gaming handhelds. It’s lightweight, highly responsive, and works well with many devices like the Anbernic RG series. ROCKNIX provides a simplified experience, focusing solely on gaming performance and efficient emulation, which makes it a favorite for those who want a straightforward gaming experience without any unnecessary frills.

Onion OS (for Miyoo Mini Plus): The Miyoo Mini Plus works best with Onion OS, a custom firmware that significantly enhances the user experience. Onion OS provides improved game organization, quick save states, and more efficient battery usage. It’s tailored specifically for the Miyoo Mini line, making it easy to navigate and adding features that make the gameplay smoother and more enjoyable.

Crossmix OS (for Trimui Smart Pro)

These custom operating systems provide not only a functional upgrade but also make the experience of gaming on these handhelds much more enjoyable. They bring additional features like improved emulation support, better battery management, and an overall smoother experience compared to stock firmware.

Remember that you will need BIOS (or here) and ROM (or here) – preferably in the no-intro format to facilitate things like artwork scraping. Here’s a nice curated ROM set for various systems.

When choosing between NTSC (World/USA/Japan) and PAL (Europe) versions of NES games, it’s important to understand that NTSC versions generally provide a smoother and faster experience. NTSC games run at 60Hz, meaning they refresh the screen 60 times per second, resulting in more fluid animations and responsive gameplay. On the other hand, PAL games run at 50Hz, leading to a noticeable slowdown in movement, animations, and even sound—often running at 83% of the speed of NTSC versions. This slower pace affects the overall feel, especially in fast-paced platformers like Super Mario Bros., making NTSC versions preferable for those seeking the original design intent.

These differences are still relevant when using handheld emulators and modern software like OpenEmu or popular handheld devices like Anbernic or Retroid Pocket consoles. Emulators accurately replicate the original hardware, including regional refresh rates, so PAL ROMs will play with slower gameplay and pitch differences just like they did on European systems. If you want the most fluid and authentic gameplay experience, it’s generally recommended to choose the NTSC version, while the PAL version can still be valuable for those nostalgic for the original European experience.

For PlayStation 2, use PCSX2 emulator. For arcade games go here.

Retro Gaming Media

I love the graphics used in retro games, and I’ve been decorating my office with NES game covers. I’ve found some fantastic sites for NES box art, game screenshots and videos:

  • Emumovies
  • Sprites and Screenshots
  • Vimm’s
  • Screenscraper (open a free account)

Game Manuals

Although most games are self-explanatory, it was nice for me to go through the game manuals and discover the answer to perplexities of my childhood when I never had any manuals for the games I played. You can find manuals for NES here.

Conclusion

Retro gaming handheld consoles bring generations together, offer simple yet engaging experiences, and are affordable entertainment solutions that fit in your pocket. They can be a great way to introduce kids to gaming without the complexities of modern titles, while adults can revisit their favorite classics, creating new memories with their children. Whether you’re playing “Donkey Kong,” “Zelda,” or “Pac-Man,” retro handheld consoles prove that great gameplay never gets old.

With my 6 and 4-year-old kids we spend many happy hours playing and challenging each other, while of course implementing some limits on the total time they can spend playing every week. I think this is a nice way to start introducing the concept of balance in life. I don’t agree with banning things outright. I started gaming at an early age and turned out fine, so I’m speaking from experience here. The biggest danger I see in modern gaming is the wild levels of stimulation that most modern games provide. Retro games from the 80s and early 90s are pretty simple, and even as an adult, I can enjoy a 15-minute gaming session before I sleep without feeling that urge to play one more time or one new game. I can’t say the same about taking my phone to bed as I can easily doomscroll for two hours, or watch one YouTube video after another till the early hours, completely destroying the next day’s productivity.

Filed under: Tech

Thoughts on the 2024 US Election Outcome

Published: November 14, 2024Leave a Comment

trumpwin

I usually don’t follow the news or politics much, preferring to focus my time on my health, family, community and business endeavors. My political views don’t really align with the left and right sides of the political spectrum, instead landing me almost squarely in the center with a libertarian bent, according to the test at Political Compass. (I highly recommend you do it if you haven’t already). However, in this year’s U.S. election, I made an exception and was genuinely immersed during the run-up months to the election.

The main reason is that over the past decade or so I’ve seen leftist ideology slowly taking over not only in the United States but all over Europe. I’ve always hated authorities pushing extreme agendas down our throats, and this has been going in overdrive in recent years. While I was previously content with doing my own thing and ignoring politics, I now have young kids who are more likely to interact with the system through their school education and peers. I’ve also felt the pressure through anti-entrepreneurship sentiments and the increased burden of taxation and regulations

What Led to the Left’s Downfall?

The Democratic Party’s defeat in this election reflects several fundamental missteps that have pushed the party far beyond the comfort zone of many Americans. In their zeal for progressive ideals, the Democrats seem to have lost sight of the practical, everyday struggles of ordinary voters. They’ve gone so far left that they’ve left the American people behind. The irony is thick: while the left accuses Trump of racism and authoritarianism, the voters helping to secure his victory include Black and Hispanic Americans—people the left supposedly champions. Yet instead of celebrating this diverse coalition, the narrative shifts to labeling them as victims of “internalized whiteness” or even “the Black face of white supremacy.” This extreme ideological reaction speaks volumes about the disconnection between the party and the people it claims to represent.

A major issue is that the Democratic Party has doubled down on identity politics, catering to a cultural elite rather than addressing kitchen table concerns. Many Americans are watching as their daily struggles—like inflation, crime, and the erosion of public safety—take a backseat to issues that seem detached from their immediate needs. Transgender rights, for example, while important to many, have become a defining battleground at the cost of sidelining core issues like the economy and security. Policies like allowing biological males to compete in women’s sports have become a focal point, alienating many who otherwise support progressive values but can’t align with this direction.

Kamala Harris is emblematic of this shift. Positioned as a leader for a new generation of progressive policies, she has failed to resonate with the wider electorate. While she is praised in elite circles, she struggles to connect with the concerns of middle America—especially on issues where her stance seems evasive or overly ideological. The disconnect became most evident when, on the eve of a crucial election, she refused to comment on a seemingly straightforward bill in California that required shoplifters to face prosecution. Her silence speaks volumes about the party’s broader reluctance to embrace policies that resonate with law-abiding citizens seeking safety and order.

The growing presence of authoritarianism within the left further exacerbates this disconnect. California, a stronghold for Democratic power, has become a place where the government tries to control nearly every aspect of citizens’ lives—from what car they can drive to decisions about their children in schools. Policies are being pushed through without public consensus, and dissent is not tolerated. It is in California that parents are prohibited from even being informed if their child is struggling with issues of gender identity at school, reflecting a disturbing trend towards state overreach. It’s this kind of authoritarianism that many voters fear—and reject.

The media’s role is also crucial. Throughout the campaign, traditional media outlets have painted Trump as a threat to democracy, a dangerous authoritarian who must be stopped at all costs. Meanwhile, they showed a stunning reluctance to critique Biden’s cognitive state, his age, or his many policy missteps. The message was clear: Biden is “not brain-impaired until we say he’s brain-impaired.” This refusal to engage honestly with Biden’s obvious limitations only deepened the sense of distrust between the media and the average voter. Biden was portrayed as the left’s own Ronald Reagan—an elder statesman whose weaknesses must be shielded at all costs.

Trump’s victory, in this context, is both a backlash against Democratic overreach and a rebuke of media complicity. Despite being labeled a racist, Trump has garnered substantial support from Black and Hispanic voters—a fact that shatters the simplistic narrative that only white, rural Americans back him. In the run up to the election, I was indeed surprised that the majority of American entrepreneurs I speak to were decisively pro-Trump, although they were somewhat reluctant to say so in public due to the feared backlash.

The Republican party’s message of economic progress, national security, and putting America first resonates with a broad swath of voters who feel the Democratic Party has abandoned them. In a landscape where the media and cultural elite seem to be working hand-in-hand to maintain control, Trump’s victory is seen as the greatest political comeback in American history—a win not just against the Democrats, but against a broader establishment that has lost touch with the people.

The left has become authoritarian in its approach, shutting down dissenting opinions and mandating compliance on cultural issues that many Americans feel uncomfortable with. The pandemic response is a good example: the policies around COVID-19 reflect this overreach. While acknowledging the dangers of the virus, it seems that the extreme measures taken by the government—from mask mandates to lockdowns—were an excuse for those in power to exert more control over everyday lives. The pandemic has become a vehicle for the establishment to weaponize fear and force compliance.

Another major misstep by the left is its anti-crypto, anti-tech, and anti-entrepreneurial stance. The Democratic Party has positioned itself against some of the most exciting innovations in finance and technology, alienating not just the entrepreneurs themselves, but also the people who benefit from a thriving tech economy. By vilifying cryptocurrency and focusing on regulatory crackdowns rather than fostering innovation, the Democrats have missed an opportunity to connect with young voters and those who believe in decentralized solutions. The tech industry has always been a driver of American economic strength and independence, yet the left’s hostility towards Silicon Valley and entrepreneurship reveals a fundamental misunderstanding of what has made the United States an economic powerhouse. Instead of embracing and supporting American innovation, they seem more interested in regulating it into oblivion.

Ultimately, the Democrats’ defeat is a consequence of their disconnect from the concerns of everyday Americans, their embrace of authoritarian control, and their inability to self-reflect. If the party is to regain the trust of the electorate, it needs to refocus on the bread-and-butter issues that matter most—jobs, safety, freedom, and opportunity. Until then, they will continue to lose ground to a Republican Party that, despite its flaws, appears to understand the pulse of the nation far better than their opponents do.

What I Hope For Going Forward

Looking forward, the Trump administration has an opportunity to build on the momentum of this historic victory. If it focuses on delivering results—particularly in areas like energy independence, economic growth, and immigration reform—it could cement a new era of prosperity and stability. One of the most important promises is energy policy, moving back towards a self-sufficient America that doesn’t rely on foreign oil, which could lead to reduced energy costs and an economic boost for many struggling American families. Another key area is immigration: a focus on border security paired with a fair path to legal status for those already contributing to the country could strike the balance that many Americans are yearning for. Nobody wants dangerous criminals roaming the streets, but at the same time, there’s an understanding that hardworking families deserve a chance to live in peace.

In terms of broader geopolitical impact, the Trump administration could also set a precedent for Western nations that have slowly been adopting many leftist American policies. The hope is that a return to policies based on freedom, national sovereignty, and individual responsibility will inspire European countries to rethink their own trajectories. Across the Atlantic, countries like the UK, France, and Germany have mirrored many of the failed progressive policies that have led to unrest and dissatisfaction in America. Spain and Malta, the countries where I spend most of my time, are currently in the grip of corrupt, incompetent Socialist governments. Portugal, one of my favorite countries in Europe, has finally removed the left from power. If the United States can turn the tide, it might embolden European nations to also push back against the creeping authoritarianism that has been eroding their cultures and undermining their citizens’ quality of life.

Ultimately, this moment is about much more than just an election. It’s a chance for the Western world to course-correct, to remember the values that made these nations great: freedom, opportunity, and the right to dissent. There’s hope that with Trump back in power, America can once again be a beacon of these values, lighting the way for others to follow.

Filed under: Thoughts & Experiences

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