What a bunch of excrement. No serious financial transactions can be done with crypto. Firstly it's way too volatile. Selling your home in Bitcoin translates to an asking price of $300,000 in the morning, $350,000 in the afternoon and $250,000 in the evening. Secondly, how are banks, lawyers, agents going to do their due diligence? By definition, crypto is meant to be untraceable. Third, crypto accounts/storage is still way too risky for amounts of this size and much too unregulated. No thank you. Gimme some dollar bills instead.
At this point BPL should just print "We apologise for the inconvenience." on everyone's monthly bills. It's being said so often and has absolutely no meaning anymore.
Regulators last night pledged to investigate **BPL** service quality and said they were “majorly concerned” by the length and frequency of outages suffered by customers. - Waiting for that to happen too...
Why do you think that's cruel? Foreigners who want residency do it for one of two reasons: 1) They want to live here. 2) Tax purposes. People in group one would have no problem with spending at least 180 days a year here as they would be living here. Group 2, well if they want income tax free benefits then they have to stay here for a while too and contribute to the economy.
True but the tax on purchase is a one time deal. As for yearly property tax... it goes into the treasury... then it gets "processed and tiefed". Much better for people to have to stay for a longer time and spend their money in stores, restaurants, etc... This way the money goes to where it needs to go - YOU and ME.
KapunkleUp says...
100% of the blame here goes to Customs. The very reason for their existence is to inspect and stop illegal items from entering our country.
On DON’T BLAME US FOR BEETLE CARGO FIASCO: Shipping agents say sub-contractor was to blame for blunder
Posted 3 August 2021, 10:26 a.m. Suggest removal
KapunkleUp says...
And this is why government should NOT own a business.
On Union hoping for PM and Deputy PM to 'step in'
Posted 30 July 2021, 9:38 p.m. Suggest removal
KapunkleUp says...
What a bunch of excrement. No serious financial transactions can be done with crypto. Firstly it's way too volatile. Selling your home in Bitcoin translates to an asking price of $300,000 in the morning, $350,000 in the afternoon and $250,000 in the evening. Secondly, how are banks, lawyers, agents going to do their due diligence? By definition, crypto is meant to be untraceable. Third, crypto accounts/storage is still way too risky for amounts of this size and much too unregulated. No thank you. Gimme some dollar bills instead.
On Realtors ‘embrace’ demand for cryptocurrency purchases
Posted 30 July 2021, 3:33 p.m. Suggest removal
KapunkleUp says...
How about "leading the revolution" by having affordable and reliable electricity?!
On IMF chief: Bahamas ‘leading revolution’
Posted 30 July 2021, 1:39 p.m. Suggest removal
KapunkleUp says...
At this point BPL should just print "We apologise for the inconvenience." on everyone's monthly bills. It's being said so often and has absolutely no meaning anymore.
On More BPL blackout misery
Posted 26 July 2021, 10:37 a.m. Suggest removal
KapunkleUp says...
I don't think this is a FNM or PLP issue. Both parties have shafted us and continue to do so. FNM or PLP - different dogs with the same fleas.
On Austerity measures inevitable whoever wins next election
Posted 20 July 2021, 4:29 p.m. Suggest removal
KapunkleUp says...
Regulators last night pledged to investigate **BPL** service quality and said they were “majorly concerned” by the length and frequency of outages suffered by customers. - Waiting for that to happen too...
On TV PROVIDER FACES PROBE ON SERVICE: Watchdog URCA to hold investigation into Cable Bahamas’ breakdowns
Posted 9 July 2021, 10:05 a.m. Suggest removal
KapunkleUp says...
But I can, and do, run from my mother-in-law.
On ‘High-end real estate busiest I’ve seen it’
Posted 7 July 2021, 9:54 p.m. Suggest removal
KapunkleUp says...
Why do you think that's cruel? Foreigners who want residency do it for one of two reasons: 1) They want to live here. 2) Tax purposes. People in group one would have no problem with spending at least 180 days a year here as they would be living here. Group 2, well if they want income tax free benefits then they have to stay here for a while too and contribute to the economy.
On ‘High-end real estate busiest I’ve seen it’
Posted 7 July 2021, 9:51 p.m. Suggest removal
KapunkleUp says...
True but the tax on purchase is a one time deal. As for yearly property tax... it goes into the treasury... then it gets "processed and tiefed". Much better for people to have to stay for a longer time and spend their money in stores, restaurants, etc... This way the money goes to where it needs to go - YOU and ME.
On ‘High-end real estate busiest I’ve seen it’
Posted 7 July 2021, 4:21 p.m. Suggest removal