I find your comments hypocritical. On one hand you ask for us to "put that aside if only for today", but on the other hand, you begin your comments with "I was no fan of his politics". Who cares if you were a fan or not. Pray for his soul and that of his loved ones, politics be damned.
Socrates, do not be petulant. You can disagree with your party's stance, internally and externally, on certain issues without resorting to nonsense such as "crossing the floor". Vaughn Miller was quite accurate, the FNM campaigned, and ultimately won, on the grounds that Perry was corrupt and that they (FNM) represented a new time, "a people's time", if I may. What is happening now is the antithesis of the campaign promise. It is quite fair of the 4 MPs to point out this dichotomy. Let's try and have mature discussions...
Sorry, I stopped reading this drivel after the first paragraph...the Tribune cannot spell either "measured" or "objective", even with a dictionary. Any first year journalism student, of which I was one a few moons ago, can point out the obvious FNM slants over the decades. Stop it Tribune...but, thank you so much for the huge laugh, it was a welcomed respite from my work.
Jetfit, not that I find defending George Smith a good thing, but, you are incorrect in this instance. George routinely blasted PLPs (Miller, Fitzgerald,Maynard-Gibson) who all were caught in compromising positions.
So BahamaPundit, admittedly, I was laughing at your suggestion...and, called you a few unflattering names while I was at it. But the more I think about it, you may have a point...actually, I think you have a very valid point. Don't think we have the temerity to go that far, though. Apologies for judging the book by only looking at the cover...
Bahama, but we need people like you on the committee so that when regulation occurs, and it will, no matter how much we fight about it, at least you can guide the committee accordingly so as to prevent overregulation.
Banker, a post script to my note. Your point regarding the architects of the regulation is 1005 spot on. What I am surprised it is that the Securities Commission of The Bahamas is not involved in the regulatory process. One, believe it or not, they do have some FinTech knowledge there (maybe "experts" is a strong word). Also, DLT will eventually fall under the purview of the SCB anyway (no other agency has the resources or regulatory capacity to deal with it) so you would think bringing them in from the ground up would be ideal.
Banker, I am not so certain that I fully agree with you. A few points: a) There is no "get in" time on crypto/decentralized ledger, et. al. In fact, if you are familiar with the work of Antonoupolous (sp?) he posits that cryptos will be as pervasive as bloggers on the internet.. IF he is correct, my point here is that there is not necessarily an advantage to being the first jurisdiction to embrace DLT. So not so sure that on that basis alone that our "lunch is ate" as you put it. 2) I also slightly disagree that the regulations will hurt the Bahamas. Let's assume that said regulations are proportionate and reasoned (its the Bahamas, so I know that is a huge assumption), I actually think that in the wild west right now that is DLT, players in the market will be drawn to jurisdictions that offer sound and sensible regulations. 3) I disagree that Moxey doesn't understand blockchain. He is as versed as a layman can be (and before I get accused, no I am not Moxey nor do I know him personally), the trick is whether the government will allow him, and others of his ilk, to be involved in the regulatory process; 4) BFSB has absolutely no reason to be involved in DLT. People confuse the nature of the BFSB's existence. They are a promotional board...that's it. They should not be thought leaders in DLT or anything financial services related for that matter. And 5) the horse is not out of the barn yet, yes as you astutely pointed out, we are behind Cayman, but other jurisdictions are equally behind and even further behind than we are...all is not lost.
tetelestai says...
I find your comments hypocritical. On one hand you ask for us to "put that aside if only for today", but on the other hand, you begin your comments with "I was no fan of his politics". Who cares if you were a fan or not. Pray for his soul and that of his loved ones, politics be damned.
On PASSING OF A PLP FIREBRAND: Bradley Roberts dies after sudden collapse at home
Posted 26 October 2018, 9:31 a.m. Suggest removal
tetelestai says...
Socrates, do not be petulant. You can disagree with your party's stance, internally and externally, on certain issues without resorting to nonsense such as "crossing the floor". Vaughn Miller was quite accurate, the FNM campaigned, and ultimately won, on the grounds that Perry was corrupt and that they (FNM) represented a new time, "a people's time", if I may. What is happening now is the antithesis of the campaign promise. It is quite fair of the 4 MPs to point out this dichotomy. Let's try and have mature discussions...
On Broken promise: Rebel FNM MPs say Post Office deal is election betrayal
Posted 25 October 2018, 11 a.m. Suggest removal
tetelestai says...
Sorry, I stopped reading this drivel after the first paragraph...the Tribune cannot spell either "measured" or "objective", even with a dictionary. Any first year journalism student, of which I was one a few moons ago, can point out the obvious FNM slants over the decades.
Stop it Tribune...but, thank you so much for the huge laugh, it was a welcomed respite from my work.
On EDITORIAL: Wiser heads would tread more carefully
Posted 22 October 2018, 12:35 p.m. Suggest removal
tetelestai says...
Jetfit, not that I find defending George Smith a good thing, but, you are incorrect in this instance. George routinely blasted PLPs (Miller, Fitzgerald,Maynard-Gibson) who all were caught in compromising positions.
On 'Symonette should resign to avoid a conflict of interest'
Posted 22 October 2018, 11:26 a.m. Suggest removal
tetelestai says...
So BahamaPundit, admittedly, I was laughing at your suggestion...and, called you a few unflattering names while I was at it. But the more I think about it, you may have a point...actually, I think you have a very valid point. Don't think we have the temerity to go that far, though. Apologies for judging the book by only looking at the cover...
On OECD rattles its sabre on investor residency
Posted 17 October 2018, 2:05 p.m. Suggest removal
tetelestai says...
Cleophas Adderley...last year (2017). But, I get your point.
On Selection of heroes 'too political'
Posted 12 October 2018, 11:17 a.m. Suggest removal
tetelestai says...
Persons who participated in the fraud, ThisisOurs, often make the best whistleblowers.
On JUST OLD DEBTS: Bethel insists money to contractor Ash ‘all above board’
Posted 26 September 2018, 2:39 p.m. Suggest removal
tetelestai says...
Bahama, but we need people like you on the committee so that when regulation occurs, and it will, no matter how much we fight about it, at least you can guide the committee accordingly so as to prevent overregulation.
On Crypto, ICO rules completed within ‘the next 30 days’
Posted 21 September 2018, 3:36 p.m. Suggest removal
tetelestai says...
Banker, a post script to my note. Your point regarding the architects of the regulation is 1005 spot on. What I am surprised it is that the Securities Commission of The Bahamas is not involved in the regulatory process. One, believe it or not, they do have some FinTech knowledge there (maybe "experts" is a strong word). Also, DLT will eventually fall under the purview of the SCB anyway (no other agency has the resources or regulatory capacity to deal with it) so you would think bringing them in from the ground up would be ideal.
On Crypto, ICO rules completed within ‘the next 30 days’
Posted 21 September 2018, 1:12 p.m. Suggest removal
tetelestai says...
Banker, I am not so certain that I fully agree with you. A few points: a) There is no "get in" time on crypto/decentralized ledger, et. al. In fact, if you are familiar with the work of Antonoupolous (sp?) he posits that cryptos will be as pervasive as bloggers on the internet.. IF he is correct, my point here is that there is not necessarily an advantage to being the first jurisdiction to embrace DLT. So not so sure that on that basis alone that our "lunch is ate" as you put it. 2) I also slightly disagree that the regulations will hurt the Bahamas. Let's assume that said regulations are proportionate and reasoned (its the Bahamas, so I know that is a huge assumption), I actually think that in the wild west right now that is DLT, players in the market will be drawn to jurisdictions that offer sound and sensible regulations. 3) I disagree that Moxey doesn't understand blockchain. He is as versed as a layman can be (and before I get accused, no I am not Moxey nor do I know him personally), the trick is whether the government will allow him, and others of his ilk, to be involved in the regulatory process; 4) BFSB has absolutely no reason to be involved in DLT. People confuse the nature of the BFSB's existence. They are a promotional board...that's it. They should not be thought leaders in DLT or anything financial services related for that matter. And 5) the horse is not out of the barn yet, yes as you astutely pointed out, we are behind Cayman, but other jurisdictions are equally behind and even further behind than we are...all is not lost.
On Crypto, ICO rules completed within ‘the next 30 days’
Posted 21 September 2018, 1:01 p.m. Suggest removal