@oldfort2012 ...all of this still requires extensive upgrades to existing hardware and software applications in use today, traditiona legasy platforms in use now will be obsolete. eg instead of the current ATM machines, crypto ATM machines which are in use right now in hong Kong and Japan will be needed.

Comrades .....Crypto currencies are here to stay. Rodert F Kennedy once said "Some men see things as they are and ask why. I dream of things the never was and ask Why not" Thats what a visionary does, They see things far into the future. If Bitcoin dies there will be a successfull replacement. Kids in the future will only learn about what cash is by seeing them in pictures. and they will be laughing at us because we used them..

Way to go Izzy ......$845 million in equity is a lot to loose. expose the plunderers. The Bahamas may be a third world country but investors here should receive first world treatment and get first world results free of corruption

@John hey comrade john ...i think i will soon have change my name because bloggers may think we are the same person hahaha ... But on a more serious note. you are correct about about those biblical predictions. The complexities of what is happening on the world global stage is beyond the comprehension of any one person or group. All we can do is sit back and watch it all evlove and take place. If not Trump the the Next far right USA president . Its all going to be up to the US electorate.

@ashley14 Some men come anto this world and they see things years before they happen thats why they are called visionaries. Have you ever heard of a man called Ncola Tesla ...he predicted the cell phone would be in everyone hands from 1926 and today its a reality. I am attaching his quote or you can google Nicola Tesla predictions and read about it. So Bitcoin is already a reality and the guy who invented it will be proven right someday because our grand kide will not have to use Cash ...only crytocurrencies and if Bitcoin dies there will be a future replacement
http://tribune242.com/users/photos/20...

@Comrade Tairussell .... Graham is not the Bahamas Buffet or Gates because he talks and does NOT put his money behind his ideas. Bill Gates and warren Buffets got angel investors and they pooled their money and put it behind their ideas and most importantly their ideas worked and was successful . ..Graham talks but he does not seek investors to fund his local ideas . He invest in Bitcoins but so do many others world wide but that was not his idea so he is only going along for the ride no matter how volatile Bitcoin may be.

Comrade Tairussell, ... Graham is onto something you have just got to start to beleave in the future. Bitcoin is at its evloutionary stage in history like the electric car...someday electric cars will totally eliminate fuel driven cars from the earth ....so will crypo currency's like bitcoin eliminate Cash.from the world, its just a matter of time.

@Jonn ...when you own bitcoin, you own the worlds first technological crypto currency that is not regulated by any government thus its popularity is growing, Someday soon a cryto currency is going to be the worlds single standard currency that is going to replace the US dollar, euro, yen , ruble and all of the worlds major currencies. Governments don't want this to happen but regulation has started on bitcoin in hong Kong, Japan next year a few exchanges in the US hasve already announced their Start date for acceptance and regulation and trading. Major hedge funds world wide have all ready started placing bitcoins in their portfolio. At present crypto ATM machine's are gaining popularity in the far east and retailers have began to accept the currency for purchases,so its only a mater of time before the tide sweeps to this part of the world.

I think everyone here would agree that only about 5% of wealthy Bahamians have the financial capacity to purchase and own one of the major Hotels. The problem is they are reluctant to do so because i think of the historical track record of hotels in the Bahamas. If you look back in time every major hotel got into some kind of financial problem and could not meet its financial obligations resulting in either bankruptcy, selling out or closing down and i think its because we have to simply redefine the hotel models we allow to be built in this country. .. Bahamian institutions such as Credit unions, Pension funds and insurance companies have the financial capacity to purchase a major hotel but the uncertainty of the steady and reliable returns from such and investment is a major hindrance to venturing in that area especially when you factor in the many unrealistic demands of the archaic unions in this day and time. Also these type of institutions operate on long term financial projections which would be heavely impacted during slow periods thus making hotel investments highly unattractive.
Someday Bahamians will own major hotels but it will require a major shift in our way of thinking. We must adopt a long term view of thinking when it comes to our finances and begin to think like the chinese who have a mind set of thinking in decades. I call it generational thinking. As i write the chinese, Amenicans, Jamaicans and a canadian pension fund own all of the major hotels in this country. We must get rid of the black crab syndrome, be willing to take financial risks and pool our resources together.The charge in that status quo will be made easier the more Bahamians are educated aboard, get experience aboard, and be willing to come home.Hope fully some of the new policies of the present administration will make this reality easier. . If the Jamaican owners of Breezes and Sandals can own major hotels here Bahamians certainly can.

The problem with all past administations is that they have been too soft on illiegal's I say utilized the armoured cars and riot gear and ammo the chinese gave the Bahamas and go into the shanty towns and clear them out.Stop giving those caught a luxury ride back home on Bahamas air, instead use sand Barges and take them back by the thousands in the comfort they are use to.Conduct courts on the ride home !