Concur.

There ain't no oil.

I don't know why the government doesn't create the non-political office of Chief Information Officer, a civil servant who's responsibility is to coordinate all computer systems, make the choice in buying technology that the government needs, instead of buying it from friends of whoever is in power. Every other civilised country has one, and these fiascos would stop. Methinks that the governments of the day like corruption and the politicians getting a piece of the pie.

So I checked with Statistics Canada website to see where Canadians are traveling the most in 2019, and The Bahamas did not make the top 10. The most surprising statistic was that Canadians #1 travel destination was their own country. The top warm tropical destination for Canadian winter-weary tourist was Mexico, followed by Cuba, and the Dominican Republic. Winter vacations are much cheaper than the Bahamas for these destinations, and that seems to be the attraction for Canadian visitors.

Top 10 mainstream destinations

1. Canada

2. United States

3. Mexico

4. Cuba

5. United Kingdom

6. Dominican Republic

7. France

8. China

9. Italy

10. Spain

–– Statistics Canada

It does better on those islands. More oil is produced from the micro-climate there. I will grow anywhere in the Bahamas. The oil is in high demand while the bark is worth peanuts. Oil sells for $34 a gram (a paper clip or the top of your pen weighs a gram).

(my godfather collected and sold cascarilla bark)

Processing the bark (soaking, stripping, peeling, drying) is tedious dull work and pays little. What we need is an innovator to create a machine to add value. We need to mechanize and pre-process the bark so that we get higher prices. There's money in it, only if we innovate.

Turnquest and Minnis had no say in the sale. It's a publicly traded company with headquarters not domiciled in the Bahamas.

The last draft of the DARE legislation was a bit of a dog. It looked like it was cobbled together by Google. It doesn't seem to have had input from cryptocurrency experts and other jurisdictions who successfully operate exchanges. At the very least, they should examine legislation from Estonia and the Cayman Islands, and they should, but won't get the advice of at least two cryptocurrency experts and high-tech AMLKYC companies who do it for other exchanges. I know that typing this is wasted effort, because it will never happen. The current legislative package will put a brake on development in those fields.

What you don't understand birdie, is that the banking laws were changed to save what little we have. You would see this if you put aside your partisan spectacles and looked at the whole picture through the eyes of logic and reason. Because Hubigetty didn't go far enough, we are in trouble.

BOB is a toxic bank. Any ethical bank would not want BOB as a partner.