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Bitcoin and The Bahamas

EDITOR, The Tribune.

Boy full blast all cylinders the PR from OPM but possibly they could have done a Google search first before all the claims - exclamations and use of superlatives.

The Bahamas could be the first actually having opened up the sector in the Caribbean, but certainly not globally. A Google search would have confirmed Barbados is working on it and others.

Suggest the player FTX doesn’t have a very good understanding of geo-strategic issues... timing for this conference is questionable with the Ukraine and Russian issues so front and centre – also at the time, next week’s crucial to the outcome, certainly uncertain – you really believe the US will leave bitcoin alone if they know Putin is using it to avoid to get around the economic-financial sanctions US and their allies have imposed?

Yes, a ‘eureka moment’ in The Bahamas but caution EU setting up stricter regulations to monitor Bitcoin transactions - US a lot of thought.

Let’s hope a positive step, but honestly suspect ill timed.

T ALBURY

Nassau,

April 28, 2022.

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