I have yet to see an answer for this question - When the move is made, do we have government's guarantee that the 10.000 or so boxes at the Central Post Office will have the same P.O. Box numbers allocated at the new location !! Can you imagine the absolute chaos if all the current box owners (myself included) have to alert all their friends, business contacts, relatives, utility companies etc etc etc.of the change from "N" to say "GR", and the mountains of mail that will inevitably go missing or uncollected. It sounds like a huge accident just waiting to happen.

All good points John. There will also have to be a massive re-education program, as the people eating the likes of corned beef will not know what benefits there are to changing their diets. I also suspect that the supermarkets will not only lift up the prices of these staples (corned beef etc) once they are no longer in the breadbasket, but will also at the same time keep the "new" staples (almonds, apples etc) at their already high prices. Lose-lose for the poor, win-win for the rich. Same as it ever was.......

@ John - "Help catch killer pitbull's owner", together with a picture of the logo/emblem of the Bahamas Humane Society, can leave no reasonably intelligent person in any doubt as to what the story is about. There is no ambiguity whatsoever.

Rest in Peace. You gave us all so much to be proud of.

I was being sarcastic with my last sentence. Sorry that the written word doesn't sometimes accurately convey sentiment

> Cryptocurrencies such as Bitcoin are a form of digital money which, using the Internet, are designed to provide a secure and anonymous form of payment for numerous types of transaction.

Whilst I agree that this was the original thinking behind Bitcoin (allowing persons to use Bitcoin as an alternative to the normal way of having third parties as the only way to transfer funds i.e. banks, Paypal etc) due to speculative "investing" in the last year or so, it is little more than a Ponzi scheme at the moment. The blockchain technology only took off because it rewarded the "miners" of Bitcoins who were an integral part of the security system. Now it seems as though ICO's are being discussed because the technology is "sexy" and the general public is seen as being gullible. There is such a minimal chance that Bitcoin will be used instead of "regular" money in future as to make it a nonsense. But I'm sure that our experts at BISX and the Securities Commission have done their due diligence, and are up to speed in this new area of finance.

Dis gon be gud

Well said. Let the major international players do their thing, while local entrepreneurs benefit from, and assist with, the smaller infrastructure by providing ancillary amenities. Government should play no part, except for providing reliable utilities and roads.

The only drawback I can see to this is if / when the Bahamas government introduces corporation tax. This would have some impact for sure on whether persons think it is worth uprooting themselves from their home base.and if the change of lifestyle, infrastructure, ease of doing business etc would make a relocation feasible.

Perhaps someone can explain this to me.

If we become compliant with all the directives of all of the various agencies, then we will be on a level playing field with every other jurisdiction in the (mainly Western) world. Fine, I get this.

Then how are we, as a nation of only some 400,000 persons, supposed to compete with far larger nations? We cannot possible win on infrastructure, communications, specialist knowledge or cost of doing business. Furthermore our human resources pool is far smaller than other jurisdictions.

If I'm asking these questions as a humble citizen, are we sure that the "experts", who seem willing to throw away banking as our second industry, are doing the same?