Is virtual currency going mainstream uk govt mulls role of bitcoin in finance system
Miller said his company wants to increase Bitcoin adoption around the world. The CEO of one of the main sponsors of a virtual currency project to take place in Dominica has said there is no secrecy involved in planning and executing it. He pointed out that the project is not getting or receiving any special treatment from officials. Those who want to participate will then respond, also via text message, expressing interest.
Another text message is then sent to the interested person pointing to the place where the money can be spent, probably at parties organized just for the event. He said there will be a main party, probably at the Windsor Park, with smaller parties around the island. He stated the idea for the project goes back when former prime minister O. Since then it has been in discussion and recently I visited the island and met with some people and everyone seems to be happy with it, so we are moving forward.
Seraphine has been described as the chairman of the board and director of public relations of Aspen Assurance Company Is virtual currency going mainstream uk govt mulls role of bitcoin in finance system.
There has been some concerns about Bitcoin since it is largely unregulated and Miller was asked about this by DNO. It is an open project that is is virtual currency going mainstream uk govt mulls role of bitcoin in finance system all over the world and we just want to encourage people to do their own research.
Bitcoin is not currency that is trying to compete with the EC dollar or anything like that. It is just open source software that we think people will find useful. This material may not be published, broadcast, rewritten or distributed. The comments on this page do not necessarily reflect the views of DominicaNewsOnline. All comments are approved by DominicaNewsOnline.
We never censor based on political or ideological points of view, but we do try to maintain a sensible balance between free speech and responsible moderating. We will delete comments that:. A word to Mr Ira Miller. IGNORE THE ZAPOTOES …Dominica has very bright folks who will not stoop like zapotoe …we need new ideas new cash inflows you and your billionaire freinds are what we need to develop this land not the paucity of backward thinking you may have noted making outrageious ill informed commennts The idea of BITCOIN is new and challenges those whose comfort zone of ignorant grandstanding on trivial politics and character destruction has no place at this level of potentail development please continue ….
Once again, Skeritt has shown the people of Dominica his lack of leadership qualities. Linton, this time he hides under a bucket of water and sends a doctor to take the heat. What does the Doctor know about financial matters. Maybe he should have sent Ambrose, he has a reputation for not being able to find banks but this time the people who are is virtual currency going mainstream uk govt mulls role of bitcoin in finance system in that kind of banking transaction will be visiting Dominica.
Them Labor Party fellers like to recycle, what is O. Seraphin doing in anything concerning the Government of Dominica. Ira Miller was sold on the idea that Dominica has the visisonary leadership and people to step up to the plate as it pertains to new ideas. Trust he will not lose his enthusiasm We did the unusual when our govt.
He introduced the Cuban scholarship program. Atkinson seem consistent in his her anti OJ comments. Trading in them would also be illegal as apparently they are being used to for the purchase of illegal goods. I have seen the comments by Emile zapotas who seem to have his. Bitcoin is a new immovative accepted way of money transfer worldwide.
The proposal does not include taking money from government. Zapotas have issues with OJ about being a hero. He served a nation during the throes of a revolution and brought back stability …. He distributed more lands to the landless than any other leader in our history. He was resposnsible for building more houses before and after hurricane David more than anayone else.
He intoroduced the Cuban scholarship program where we now have most of our doctors and professionals serving this nation. The Minister who iniitated the is virtual currency going mainstream uk govt mulls role of bitcoin in finance system airport. Open source means open for all to modify.
Just how andriod is an open source to any developer. Once open any person can do anything with it. For example, viruses and worms. Technology is good but its how you use it. Open source means the source code can be modified by anybody. The biggest mistake the Government can do is to give Bitcoin a license to operate in Dominica, or to give them legislative approval. In fact a bulletin should be issued to discourage Dominicans from using it.
And Bitcoin should not be allowed to hold any rally in any part of the country. We should not be frayed by new ideas. However, like most new ventures, it is always wise to conduct research and make decisions based on proven facts that are beneficial to us. Silence by the Ministry of Finance and government at large will only serve to fuel more speculation and paranoia amongst the citizenry. That is what is know as a currencey exchange issue because you are losing money inter changing these currencies Bitcoin eliminates that……….
One of them is a little place called California……. On 30 August the BBC reported that Ecuador is to introduce its own version of bit coin by the end of this year. Ecuador has a lot of external debt, particularly with China, which is also the largest customer for its oil. There is a chronic shortage of foreign exchange to service this debt and to help remedy this the govt. We have to be extremely cautious that our govt is not persuaded make a similar move, tempting as it may be.
The result would be an immediate black market in hard currencies such as the U. The indication that any such currency would not be introduced to Dominica before March next year is telling as the Govt. We are already at odds with our fellow OECS members about your unilateral decision to adopt the CCJ and the unseemly scramble for customers for our varying economic citizenship programmes. To add a bit- coin scheme for Dominica to the mix may well tear this union apart.
And i wil like to see all the government ministers, including the prime minister skerrit, and darroux get the salary in bitcoin, instead of Is virtual currency going mainstream uk govt mulls role of bitcoin in finance system dollars, starting in september. Dominicans never learn……read…… read. See link the ceo of bitcoin was arrested for money laundering http: A single bitcoin is worth about US Id love to see what you can do with 0. By next year it could be more or less depending on the market.
What 2 things did Mama teach you? Not to play with your food 2. Do not play with money. OJ is in it we should like it too?? Buyers beware Dominica … U on your own in this papa. How is it that we are gonna be given free money to test out soon where it seems our officials have attended a few meetings and such but Dr.
Darroux would like to stay tight lipped, our is virtual currency going mainstream uk govt mulls role of bitcoin in finance system finance have not even hinted at this ever in his tenure. Miller is basically saying we are the test subjects basically. Why is it that the government is staying silent and Dominicans just sit and take things easy. I am doing some research though and it seems like it works something like a Pyramid Scheme though.
I would just like to say all transactions are tracked. From to the GDP doubled, propelled by high foreign and domestic investment, coupled with the tourism and logistics industries.
The GDP has enjoyed a sustained growth for more than twenty years in a row The country is classified in the category of investment grade by these credit rating companies: In November it was elected to serve a two year term on the Security Council, beginning January 1, It maintains membership in several international financial institutions, including the World Bank, the Inter-American Development Bank, and the International Monetary Fund.
Isle of Man and Jersey are vying to become Bitcoin Island. Article date 30 August They are British Crown Dependencies. I think the naysayers on island need to wake up. If we lose this opportunity to welcome the bitcoin endeavor, shame on our ignorance and close minded ness. See article at http: I would prefer if Dominicans are not the Guinea pigs for this project. The process seems all wrong…and the news is coming to us from the outside party in the collaboration?
OJ is an icon and i can associate him with big dreams, i loved stopping at his place and chatting with him sometimes i used to say he is a mad man.
OJ has alot of dreams and i am happy if at least one could come true we need to look at this in a positive way and stop the way we thing about that. He is to plead in New York federal court to one count of aiding and abetting the operation of an unlicensed money transmitting business. Since his arrest, Mr. Shrem, 24, said his plea could include jail time, though he is optimistic that it will not.
Before his sentencing in about three months, he said, he plans to ask Bitcoin supporters to write letters to the judge on his behalf. Though each bitcoin transaction is recorded in a public log, names of buyers and sellers are never revealed — only their wallet IDs.