> "Everybody knew crypto vakuation has very little linkage to any equally valued underlying asset"
Wait until you find out what fiat currency is linked to lol. Cryptocurrency is a commodity like any other, it is simply an item. The FTX collapse had nothing to do with cryptocurrency and everything to do with complete mismanagement of client funds and a bank run that exposed it. Many banks have collapsed from the same exact scheme, I don't get why so many people are trashing crypto when this collapse has nothing to do with crypto at all.
Our country is becoming an international disgrace. Between the begging and murders, we are turning into a clownshow in the eyes of the international community.
It is a cultural virus that is being imported from the United States. Sadly, I expect this kind of occurrence is going to become more common as racial tensions in the US come to a head.
I don't know why Bahamians still expect any better at this point. Governments from both parties have told us loud and clear that they are going to boongie us out of every nickel and dime they can to live large, and there is nothing that we can do about it. Barring major institutional reform, the Bahamian people have no power to hold governments accountable for their actions.
LastManStanding says...
The cynical side of me says zero because he has connections and is part of the right tribe to ever avoid taking responsibility for criminal actions.
On Crypto exchange giant FTX collapses, files for bankruptcy
Posted 12 November 2022, 2:21 p.m. Suggest removal
LastManStanding says...
> "Everybody knew crypto vakuation has very little linkage to any equally valued underlying asset"
Wait until you find out what fiat currency is linked to lol. Cryptocurrency is a commodity like any other, it is simply an item. The FTX collapse had nothing to do with cryptocurrency and everything to do with complete mismanagement of client funds and a bank run that exposed it. Many banks have collapsed from the same exact scheme, I don't get why so many people are trashing crypto when this collapse has nothing to do with crypto at all.
On Crypto exchange giant FTX collapses, files for bankruptcy
Posted 12 November 2022, 2:19 p.m. Suggest removal
LastManStanding says...
Yes, they will go unchecked.
On 'Shanty towns will not go unchecked forever’
Posted 12 November 2022, 2:13 p.m. Suggest removal
LastManStanding says...
Government shouldn't be in the business of buying hotels. Arguably one of the dumbest moves made by the Minnis administration.
On EDITORIAL: Double blow to economic hopes
Posted 9 November 2022, 7:59 p.m. Suggest removal
LastManStanding says...
Our country is becoming an international disgrace. Between the begging and murders, we are turning into a clownshow in the eyes of the international community.
On PM: Climate issues will only get worse
Posted 9 November 2022, 7:53 p.m. Suggest removal
LastManStanding says...
We have always been a nation for sale; Bahamians know it, most just don't care.
On ‘FTX forced sale will not undermine’ nation plans
Posted 9 November 2022, 7:49 p.m. Suggest removal
LastManStanding says...
It is a cultural virus that is being imported from the United States. Sadly, I expect this kind of occurrence is going to become more common as racial tensions in the US come to a head.
On No decision - but damaged Columbus statue moved
Posted 31 October 2022, 2:04 p.m. Suggest removal
LastManStanding says...
I would call a priest immediately if I ever had to depend upon the Bahamian government for medical care.
On Doctors alarm at outsourcing plan
Posted 31 October 2022, 2:01 p.m. Suggest removal
LastManStanding says...
I don't know why Bahamians still expect any better at this point. Governments from both parties have told us loud and clear that they are going to boongie us out of every nickel and dime they can to live large, and there is nothing that we can do about it. Barring major institutional reform, the Bahamian people have no power to hold governments accountable for their actions.
On FNM names law it says govt broke over trip to Bermuda
Posted 31 October 2022, 2 p.m. Suggest removal
LastManStanding says...
The Westminster system requires politicians with integrity to function correctly, something our nation sorely lacks.
On FNM names law it says govt broke over trip to Bermuda
Posted 31 October 2022, 1:56 p.m. Suggest removal