Comment history

LastManStanding says...

Plenty of dreams for sale these days.

On Fund set up to help climate-hit nations

Posted 22 November 2022, 9:40 a.m. Suggest removal

LastManStanding says...

Lol. These people stay selling dreams.

On BOB chief: Bahamas ‘long way from default’

Posted 22 November 2022, 9:32 a.m. Suggest removal

LastManStanding says...

Fool and their money, tale as old as time. Lawyers here will be very happy to rob him to entertain his dreams.

Knowing the names involved in this transaction, I'm not surprised that it ended up this way. A bunch of time wasted that could have easily been saved had Kovats been shown the door the minute he refused to put down a performance bond.

LastManStanding says...

John Ray was the man who cleaned up in the aftermath of Enron many years ago; if he says its bad, its probably worse than any of us can imagine. A whole lot of dirt is for sure is going to come to the light from this.

LastManStanding says...

100% going to be extradited. The scandal is growing too big to cover up at this point. Possible that he might get the Seth Rich treatment when the story falls out of public consciousness, he knows too many names.

LastManStanding says...

Translation from gubermint speak to proper English is : he came here, we just don't want to admit it so will just say we "cant confirm".

LastManStanding says...

Please stop pissing away our money, Abaco literally has roads that look like Iraq in some parts due to the sheer amount of potholes.

On PM defends Govt travel spending

Posted 17 November 2022, 3:28 p.m. Suggest removal

LastManStanding says...

Speaks volumes that SBF is currently not in Fox Hill.

LastManStanding says...

I think that the problem is people viewing crypto as a stock instead of an actual currency (or collection of currencies, more precisely). Changing BSD into Bitcoin, Etherum, Monero, etc. is no different than changing into USD, GBP, or EUR. The world of crypto used to be relegated to those who knew about Silk Road and other dark web marketplaces that primarily used Bitcoin for payment, but get rich quick stories of some dude who mined 100 Bitcoin on his GPU over a decade ago made everyone think it was the next gold rush, and along came the crapcoins to scam fools who thought they could replicate the stumbled upon success of others. I laugh when people say that crypto is a "scam" simply because each coin is simply a currency, there is nothing inherently good or bad about it. You exchange fiat into crypto the same way that you do USD or EUR. Crypto is a lot more volatile than traditional investments like stocks, bonds, or real estate, but it was never designed to necessarily be an investment in the first place. The idea of regulating crypto runs counter to the entire purpose of it as a matter of fact, which was decentralization of currency away from central banks. Besides, financial games can be played with fiat as well, see Black Wednesday in the UK for an example.

The demonization of "crypto" as a whole (and the tech behind it in particular) is still baffling to me. It is a gamble to invest into, as we all are seeing right now, but so are traditional investments. Plenty people have killed themselves over housings busts and stock market crashes. BSD would collapse over night if we ever lost peg to the USD (granted, there is an extremely slim, but nonzero, chance of that happening atm). Basic rules for gambling apply to any investment whether it be crypto, stocks, real estate etc. : don't gamble more than you can afford to lose.

LastManStanding says...

I find it great that Davis is far away, and wish that the rest of the PLP and FNM would follow suit and never come back.