Bitcoin event in Dominica cancelled

bitcoinA virtual currency project slated to take place in Dominica next month has been cancelled.

The project, Let The Bit Drop, was expected to take place on the island on March 14, 2015.

It was expected to introduce the digital currency, Bitcoin, and distribute it to Dominicans on a large scale, organizers had said.

But all that is history now.

“It is with deep regret that we announce the cancellation of the Let The Bit Drop project,” Freya Stevens, Marketing Specialist at Coinapult, one of the leading organizers of the event, told DNO via email.

She explained that the event was scrapped because “of the recent reversal of country-specific logistical decisions.”

She stated the passion for the project still exists and “we hope that we will be able to re-instate this pioneering project in the future.”

“We have taken every effort to ensure all participants, attendees, and organizers have been notified accordingly, and we have also initiated the refund process for all our amazing supporters who made donations for the event,” Stevens stated.

She noted that the event was conceived to allow the implementation of Bitcoin and allow “participation and engagement from all levels of the community – from individual consumers to small businesses and government entities.”

“The event was designed to demonstrate the ability of Bitcoin to bring financial tools and services to the under-banked, as well as provide an economic boost to a single country,” Steven stated.

CEO of Coinapult, Ira Miller, told website, CoinDesk that negotiations for the event broke down when its hosts in Dominica did not provide promised support.

“This is particularly sad, as a number of alternative Caribbean venues were available, had we known Dominica would not follow through,” he said.

Project manager Sarah Blincoe suggested that the Dominica government never met certain project deliverables, such as issuing a press release for the event. Further, she indicated an election cycle on the island nation complicated matters, according to CoinDesk.

Bitcoin is a digital currency, which according to CNN Money, was created in 2009 by an unknown person using the alias Satoshi Nakamoto.

“Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name. More merchants are beginning to accept them: You can buy web hosting services, pizza or even manicures,” CNN Money said.

Since it was announced, the event had sparked controversy in Dominica. Many were concerned over the unregulated nature of Bitcoin. Others wondered why the government was silent over the entire matter although organizers of the event had named Dr. Kenneth Darroux, as the main local contact.

After the announcement of the event was made public, DNO made numerous attempts to interview Darroux and on one occasion he only said he would comment “at an appropriate time.”

 

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83 Comments

  1. Mr. Nobody.
    August 28, 2017

    Bitcoin is not a scam, but it is true that it promises more than it can deliver. This is not usually due to liars, but due to ignorant people promoting it who do not know it’s weaknesses.

    You can pay hitmen and drug dealers with dollars… Been happening for centuries.

    Bitcoin’s flaws have been seen by better people. There is no need for an “event” or an “organization.” You can use other cryptocurrencies if you feel like it. And if you understood the truth, you would.

    But, seeing so many Dominicans fall for lies about Bitcoin makes it unlikely that these lies can be undone and see the way to better projects led by better people… Sad.

    :-|

  2. Nunya
    February 12, 2015

    HAAAAAAAAAA…haaaaaaaa.HHHHHHHHAAAAAAA…“of the recent reversal of country-specific logistical decisions.” HAAAAAAA….haaaaaa……….ha

  3. derp
    February 12, 2015
  4. jack his jacket
    February 12, 2015

    I saw the reference to the OJ dollar my mom kept one it did say only for relief goods and was a food stamp seem that PM was head of the game !
    I also found out he was the first owner of a Dominican Airline DOMINICA AIRWAYS .first owner of a long line modern boat WHITE SEAL .l A part owner of Dominica first modern steel hull ship MV RIGEL which went down during Hurricane David Was the owner of a very popular club GREEN LANTERN etc
    Was the Minister who acquired more lands for distribution in our history and also built more houses than any other leader .
    Was also even lately the CHAIRMAN OF NDC when the CREOLE FESTIVAL was launched .founder member of DHTA
    Was the PM when ROSS was given license to operate etc
    we must respect the movers and shakers of our country

  5. history
    February 12, 2015

    It does appear that we the people have spoken but WE HAVE by spinning THE FACTS we may be victims of sensationalism
    That Bitcoin be seen as fraud misses the point
    All currencies have been subjected to fraudulent use . As seen that many have bean jailed from WALL STREET –STOCK EXCHANGE and BANKS.CHECK LATEST-HSBC this was not BIT COIN /
    Angelo Alleyne story is a repeat of DNO last year ..a DOMINICAN WITH a doctoral thesis was employed by the BIT-COIN through the COINAPAULT contact arising from her DNO blog .
    Angelo clearly was unaware that coinapauat and others are legitimate businesses which attempted to introduce a legitimate existing business called BITCOIN ,,NOW ACCEPTED WORLDWIDE and of which like all currencies will have people attempting fraudulent use .
    The point is the GOVERNMENT OF DOMINICA BEING IN A JOINT CENTRAL BANK -EASTERN CARIBBEAN Authority could not and did not accept the BIT DROP PROMOTION ..except if cleared by all OECS states ..THE PM WAS…

  6. sagacious
    February 12, 2015

    we seem to be blowing hot air on a stor in a teacup is that what we are children grabbing at stuff .
    It was already a dead issue last yer when DNO had covered this TOTALLY .
    I RECALL A YOUNG LADY WHO GOT HER DOCTOR THESIS ON BITCOIN GOT A JOB FROM THAT COMPANY due to her blog on DNO.
    Seem sad that we spin positive possibility upside down… what has Dominica to lose on a BIT COIN EXTRAVAGANZA ?Indeed the dot of our country makes no difference in the world of cyber currency !
    BIT COIN IS ACCEPTED in countries which are first world …and is INCREASINGLY acclaimed in AFRICA as a the favored money transfer mechanism at near zeo rates
    Angelo Alleyne was late to the party DNO HAD ALREADY COVERED THIS MID LAST YEAR and GOVERNMENT was silent …never responded .
    We will in the years ago come face to face with our down our own ignorance and desire to bring down all is attempted to bring our country in the 21st century .

  7. sagacious
    February 12, 2015

    Bitcoin apparently seem to have been misunderstood .the fact of it being used by persons who are also criminal is similar to persons using the US DOLLAR which are also used by criminals.STOCK EXCHANGE ETC.
    BITCOIN ON THE 3OTH OF JANUARY WAS APPROVED BY THE ITALIAN GOVERNMENT FOR USE AS CRYPTO CURRENCY..ITALY IMPOSED A 20%TAX LEVY ON MONEY EXCHANGE COMPANIES LIKE WESTERN UNION ..NONE ON BITCOIN
    MICROSOFT – -POSSIBLY THE WORLDS LEADING BUSINESS OF THIS AGE RECENTLY ,ACCEPTED BITCOIN and is actively partnering with it .
    THE PRIME MINISTER NEVER indicated that he accepted the BITCOIN for the obvious reason that as member of the OECS ECONOMIC UNION AND A MEMBER OF THE EASTERN CARIBBEAN CURRENCY AUTHORITY HE HAS TO GET UNILATERAL AGREEMENTS.
    This matter was never endorsed because of this condition.I NOTE THE OJ DOLLAR REFERENCE..Again that was a brilliant effort at food for work sef help being paid by foods stamp ..I have a copy and it says “NOT TO BE USED EXCEPT FOR RELIEF…

  8. AMAZED
    February 12, 2015

    It is truly amazing how very scant our knowledge of the trends of this world is, as a people.The comments made are so immature and unread and somehow seeks to attack the PRIME Minister who never gave any indications that .Dominica could ACCEPT BITCOIN UNILATERALLY a .Dominca is a member of THE EASTERN CARIBBEAN CURRENCY AUTHORITY and a member of the ECONOMIC UNION .
    Clearly the PM and Minster of finance would seek coordination in that regard.
    MICROSOFT RECENTLY ENDORSED BIT COIN as a virtual crypto currency..ITALY ON THE 30TH OF JANUARY authorized the USE OF BITCOIN as a money exchange crypto currency ….indeed a 20%tax
    was levied on money gram and western union etc none on BITCOIN.
    BIT COIN like the Internet, has no boundary management by the MONEY CONTROL DICTATORIAL ROLE WHICH MAKES THE SUPER RICH RICH RICHER !!
    Dominica has a zero role in any of this BITCOIN IS INTERNATIONAL

    • Titiwi
      February 12, 2015

      Well, Italy is the birthplace of the Maffia and the inventors of true “double book keeping”, so that speaks for itself. As for the P.M.’s innocence in all this that is simply laughable. Of course he would have to clear that with the authority that controls our E.C. $. and that is why he should not have allowed his front man Dr. Darroux to have that published meeting with the bitcoin man from Panama before checking things with Dr. Venner. If he truly didn’t know anything about Dr. Darroux meeting he should have sacked him by now or at least made a public statement, he is the Min. of Finance and P.M. after all! so I don’t believe that argument at all.
      I don’t care what Microsoft say, they are not our elected representatives. Bill Gates is not the President of the world. I’m old fashioned and stick with my dollar where I can trace it.

    • shaka zulu
      February 12, 2015

      Silence is consent. Someone had to authorize the drop. We heard from bitcoin and did not hear from the government. Hence, people are left to speculate. The relevant authority could have informed the public. It is thier duty to communicate with people on such occasions. Let the government explain to people.

  9. straight
    February 12, 2015

    So let me get this straight… A man was arrested for using The Currency of Bitcoin to conduct his illegal transactions so that means that Bitcoin is Bad. So by that logic we can assume that EVERY CURRENCY that drug dealers use to conduct their transactions are bad also, including the US, EC and Euro dollars. lolol man Dominicans are the biggest idiots I have come across. How the hell can a currency be Bad because a criminal uses it?

  10. BLESSINGS
    February 12, 2015

    lying excuses, they pulled out because the Americans are arresting those thieves one by one. amen

  11. money god
    February 12, 2015

    Balle fini…..

  12. Cesare Bonventre
    February 11, 2015

    The global central banking terrorist win again!

    So sad for Dominica! Seems the bribe fix was easy solution for the criminal banking terrorist!

    More and more people and organizations are becoming adept at identifying the evil injustices which have invaded every facet of our lives. Of all the identified enemies of humanity, there is one enemy which stands out among all others.

    Bitcoin is the only method by which men can stop feeding the beast!

    It is we the people who have become adept at mastering the craft of perpetuating our own enslavement. We provide the labor and the capital which enslaves us. Bitcion pulled the plug on your banking masters.

    Whether it is banking, healthcare or even public education, the central banking globalists have virtual control over the entire system. They also control the dialogue through their domination of the mainstream media and they do so to their advantage and to our extreme detriment.

    You let your banking masters bribe your…

  13. Lang Mama
    February 11, 2015

    DNO I heard that the Bitcoin was dumped for the KAKARAT currency. With KAKARAT currency Dominica will be nicer than nice and kakarat will be all over the place

  14. Dominican 4 Life
    February 11, 2015

    Hahaha lol some sense in the all the nonsense.

  15. Angelo saved us!
    February 11, 2015

    If Dominica were a real country the following would happen:
    1. The government would sue Bitcoin for dragging the name of Dominica and the government into something they knew nothing about ( I say nothing about because the government has never confirmed or denied anything).
    2.The government would sue Bitcoin for cancelling an agreement. If India could sue WI for $40 million for breaking contract, then we could get a lot from Bitcoin for cancelling on us.
    3.Based on statements made by Bitcoin, the government knew plenty but failed to act. Therefore Bitcoin should sue the government for not keeping their word
    4. The people of Dominica would demand that Mr. Skerrit and the DLP administration resign their positions forthwith, for failing to speak the truth about bitcoin.

    But Dominica is not a real country and therefore Skerrit and the DLP continue to operate in the dark and all their deeds are FULL of darkness. We will get to hear more soon.

  16. February 11, 2015

    There are times we in Dominica should look carefully before we leap. Bitcom may not be a bad thing in of itself but let us look at how it works first in the other countries.

  17. informer
    February 11, 2015
  18. AHAH!
    February 11, 2015

    Thank you Angelo

  19. Mario
    February 11, 2015

    The country has lose out on a great opportunity, Bitcoin is the future. We will all live to see how much we have lost.

    • Titiwi
      February 12, 2015

      Mario, how can you lose what you never had?

  20. rudy
    February 11, 2015

    IT ‘S about time when we the people of Dominica have got to say enough is enough time to throw those bums out of office .Lets begin the chant a vote of no confidence in the Roosevelt Skeritt government ,for the good of this nation . this is serious business Dominicans. Open your eyes.all these guys should be locked up. Are we on the same page..

  21. Democracy 4 Dominica
    February 11, 2015

    Congratulations !!! Dominica we can move mountains when we act in one accord. Face corruption head on and make your voices heard. Good to see our fighting spirit is back. Say no to all these programs this Administration is trying to force upon the people of Dominica. Angelo Allen, Arundel and the rest of Q95 Keep enlightening the public and thank you. We are not going to let Skeritt and his Cronies trample on our God given rights and sell Dominica from right under our feet.
    Freya Stevens and the rest of this Enterprise ,the people have spoken loud and clear and with a resonding NO – we reject your phony , virtual ‘Pie in the Sky’ venture and you are not welcome so don’t bother renegotiating. It’s never going to happen !!!

  22. Emile Zapatos
    February 11, 2015

    :) When I posted negative comments on Bitcoin last year my comments were trashed, even by Miller. I would encourage readers to refer to Jeremy Allaire website and his start up “Circle International Financial” which has pulled in US$26 million in Venture capital. The promoters are not telling us the truth.
    Bitcoin bad track record is forcing it to become a money transfer system like Western Union or Citigroup. The value of Bitcoin has fallen more than 75%.

    • Lang Mama
      February 11, 2015

      If our government can’t tell us the truth why you expect the promoters to be truthful.
      you Zapata criticize your party. Hmmmm. You are not that developed.
      Do you know that from inception Bitcoin had been volatile and it had been so when your labor party crooked politicians decided to flirt with Bitcoin Jesus.
      Who don’t should know that Bitcoin Jesus was in Barbados courting crooked piticians and their mob operator in Barbados.

      • Emile Zapatos
        February 11, 2015

        It is not a question of criticizing political parties. I was taught to believe that only governments can issue currency through their central banks with some kind of reserve to back up the amount issued.
        During world war 2, Germany tried to depart from this practice until cigarettes became more valuable than their currency.

    • derp
      February 11, 2015

      you have returned hmmm, spreading lies once again… Circle.com is a place where you can buy bitcoins with a credit card or bank account omw

      • Emile Zapatos
        February 11, 2015

        @ derp…….I am not the issue here. Win, Loose or Draw I have nothing to gain one way or the other.
        It is not my duty to educate you but if you want to be informed you can start by reading Bloomberg Businessweek and other magazines and searching the net. You can check better business offices and the usa library of congress.
        You are free to investigate and find the facts. Write the USA Embasies in the Caribbean to name a few places

      • derp
        February 15, 2015

        @Emile Zapatos you calling bitcoin a scam is totally false you said read bloomberg businessweek, I read most of the financial news site, you pick and choose stories which cater to your needs, oh btw here is a bloomberg businessweek video promoting bitcoin

        http://www.bloomberg.com/news/videos/2015-01-27/bitcoin-will-make-payments-more-efficient-armstrong

  23. February 11, 2015

    ask your selves, why is the caribbean the target area? are any of you familiar with the deep web and the real use of bitcoins? This is a great move! we dont want to be the host of any illegal activity!

  24. Lone Ranger
    February 11, 2015

    So we now know that the real reason for the cancellation was the arrest of the CEO of Bitcoin Exchange yesterday in New York on charges of money laundering, the main fear that many in Dominica harbored about the little understood bitcoin business.
    It was obvious that the promoters wished to used the island as a laboratory for a invention that is shaky at best, given the wild fluctuation of the price of bicoins in the market.
    But the real cause of concern was that the Skerrit government decided to jump in bed with shady characters who are now facing criminal charges in the US.
    This follows a familiar pattern: Either out of naivete or incompetence, our government squanders its credibility on characters of unsavory repute.
    Perhaps this may be a case of birds of a feather flocking together. Either way it is extremely embarrassing to self respecting Dominicans, especially those who are in contact with the international community.

  25. In Big Mess
    February 11, 2015

    For the past decade, in particular, the patriots of Dominica have been exposing, informing, educating, with irrefutable evidence and facts re. the Big Time CORRUPTION that has engulfed our country.

    The corruption has become contagious. Imagaine a Cuban graduate and medical doctor found himself trapped in that? Was the man of medicine the decoy? The Minister of Finance says nothing? Dr. Darroux says nothing?

    The damage again has been done. Dominica on the world map again for rubbing shoulders with all kinds of questionable folks.

    Secret passport sales, diplomatic ones at that. crooks and criminals in possession of our passports. Thanks to that DLP Gov’t again another scandal.

    BITCOIN? No financial regulation? Money laundering? BITCOIN officials charged in US for corrupt acts, facing jail?

    Many more secret scandals to be unravelled. Dominica sold and is in a mess. The ILLUMINATI keeps an entire nation in darkness. Fooled again…

  26. Lang Mama
    February 11, 2015

    So Roosevelt said that he wants a better implimentation record and even with a special minister for project implimentat ion they cannot pull off a project ” they say good for the people” As for me Bit coin is good for money Laundering and disappearance. Ask HSBC bank.
    But the same LABOR Party operatives were able to put on massive shows brining in Kurk,Berris,Destra etc within a few days off each other but something supposedly to benifits the people they are all moo moo and Bitcoinettes are blaming the government and those are quiet.
    interesting that they had so much to say in November and upto December 7 but now they doh Wan talk to us.
    interesting that the minister of finance and PM made minister of environment the Bitcoin face. I know why.

  27. Prophet
    February 11, 2015

    BITCOIN or BITCON???

  28. Prophet
    February 11, 2015

    PRAISE THE LORD!!! HIS STRONG AND MIGHTY ARM PREVAILS AGAINST THE EVIL INTENTS OF MEN.
    Righteousness shall exalt this nation of Dominica!!!!!

  29. Doc. Love
    February 11, 2015

    Sometimes I get a headache is trying to understand why the people of Dominica love Skeritt and the DLP. It cannot be because of the many gifts like the red clinic, corruption, free housing, free pit toilet, lies, his good looks or dimples. The man is in his forties with retreading hair at the front of his head. Many former Governments have done as much or more, therefore, what is the attraction, what is he doing right, why are Dominicans so happy with the Skeritt led administration. Someone told me, maybe, it is because of his association with dictators, crooks, the holy cross or seas. Maybe, it is because of involvement with certain members of the legal fraternity or maybe, it is his alleged involvement with devilish worship. . Quite frankly, I really don’t know, do you.

  30. Shely
    February 11, 2015

    Angelo Boy …You have power!! You good boy!!

  31. Free and Fair
    February 11, 2015

    The REAL reason for the cancellation was the discovery and exposure of the nefarious plans the project had in mind. Hopefully, the stain on Dominica’s DLP government can be erased in time.

    • February 11, 2015

      This has nothing to do with the DLP either way. The organisers of this event didn’t do their homework about Dominica before selecting the country, they were clumsy in their approach to rolling out information to the Dominican people, they were surprised when there was then an inevitable backlash from people who have no idea who the organisers were or what they were planning, they devoted no time or energy to making this happen, and now they’ve realised how many unrecoverable mistakes they’ve made and are quitting while they’re behind.

      I agree it was unfortunate that no one in government would comment on this when it was first announced, but that doesn’t mean that it not happening is the DLP’s fault. It’s quite squarely the fault of foreign organisers who simply weren’t very well organised.

      • But wait
        February 11, 2015

        No one is blaming the DLP for the event’s cancellation. EVERYONE recognizes that the government led by the DLP, should have been open about the event when their citizens have been asking for almost a year now. We were not addressed about the intention, plans, implementation (or lack thereof) or cancellation of this event.

        If the Bitcoin folks did not do their own marketing, no one in Dominica would know anything was ever planned. So, this begs the questions: is this standard DLP protocol? how many other “events” are they planning with our tax dollars without our knowledge? are we allowed to ask questions AND get answers about such initiatives, or is Blackmoore going to curtail questioning of ministers, next??

        One of the key reasons why doing business in Dominica is so frustrating, is because we accept inferiority and excuse away the responsibilities of those who should exemplify professionalism. Don’t excuse the DLP on this. They were wrong and they should be held…

      • Emile Zapatos
        February 11, 2015

        @Steve Foerster………The organizers did their homework alright. They checked all loopholes in currency regulations and operate in offshore activities in Panama. They are more like scammers than investors.

      • Emile Zapatos
        February 11, 2015

        The organizers are well organized scammers who can use all kinds of loopholes in financial regulations to legalize their activities. They are operating in Panama as offshore corporations where they are out of the USA jurisdiction while they are under the guise of USA registration to the world.

      • Titiwi
        February 12, 2015

        Mr. Foerster, admit it. Doesn’t one of your close relatives have a vested interest in the success of this bitcoin? If so you can not speak on the subject without prejudice.

      • February 12, 2015

        Sure, Titiwi, my wife. She didn’t have any interest at all in the Dominica project, but she does work for an American company that owns and operates kiosks in the U.S. and Europe that let people buy and sell Bitcoin at their convenience. But so what? That certainly doesn’t mean I’d talk about Bitcoin positively if it were a scam, it just means that unlike most of the people who are making comments here, I actually know the first thing about it.

      • Titiwi
        February 12, 2015

        Mr. Foerster, thank you. As you can gather I do not trust bitcoin one bit! We can agree to disagree on that. But I respect your direct and open response very much..

  32. opportunistic
    February 11, 2015

    i wish the project did take place so the international press would have given Dominica the coverage to expose the criminal enterprise that operates here

  33. anonymous2
    February 11, 2015

    It is probably for the best considering the number of people that you can trust here.

  34. Marcus Hill
    February 11, 2015
    • February 11, 2015

      Saying Bitcoin is bad because Ross Ulbricht used it is like saying that the U.S. dollar is bad because drug cartels use it or like saying that the post office is bad because some people send contraband by mail. Some of Bitcoin’s advantages have been overhyped for sure, but it does have some legitimate uses that people in DA might find useful, especially instantaneous foreign remittances that are basically free to send and receive.

    • derp
      February 11, 2015

      oh really why does Microsoft endorse this fraud then… seriously bitcoin is a virtual currency, calling bitcoin a fraud is like saying your debit card/ credit card is a scam don’t use it…

  35. The Baptiste
    February 11, 2015

    Reproduction of my comment on this bitcoin posted on January 15, 2015, in another forum:
    I cannot understand how a country that has produced some of the brightest minds in every discipline, has suddenly become intellectually challenged, to the point where we can no longer analyze the antics of this administration, or is it that we are politically naïve, and politically unsophisticated? The Prime Minister creates a ministry responsible for project implementation under his ministry, and that was not enough of a clue for the implementation of this Bitcom? My mantra will always be listen very, very carefully whenever this administration speaks, maybe, I am too much of a skeptic. My little two pence comments follows: How would bitcoin promote economic development in Dominica?
    1. Would the project cause a direct or an indirect increase in employment – quantify how many and type of employment? 2. Would it increase tax revenue for capital expenditure financing – quantify
    among…

  36. pentecostal voice
    February 11, 2015

    “The event was designed to demonstrate the ability of Bitcoin to bring financial tools and services to the under-banked, as well as provide an economic boost to a single country,” Steven stated.

    The question is, who do we blame for letting such a brilliant project die? Who is at fault? Everything was in the dark and still remains in the dark. The government never had the audacity to tell us anything about it but yet, according to Bitcoin, March 14, 2015 was already set a side and venue was already named. This to me is further proof that the safety and security of Dominica is very uncertain. Isn’t Skerrit Pm and minister of finance? Isn’t the DLP the government? And they all moomoo? Boy all these guys should resign immediately or get kicked out. “CEO of Coinapult, Ira Miller, told website, … Dominica did not provide promised support”
    According to the CEO government had already made some promises eh? DA might be already sold and we don’t even know that. Me DABA Woy,woy,woy…

  37. smk
    February 11, 2015

    When will you ppl see that the government officials uses bitcoins to launder money?

  38. BLESSINGS
    February 11, 2015

    Dominicans, a people from a small Caribbean island. they are also known by the name “GULLIBIANS”. they are called that because they don’t read and only repeat words which are fed to them by the corrupt labour party cabal and loyalist.
    they thought that they were going to sewo on the 15 of march to “LET THE BIT DROP” , but infact they would be fleeced of their little savings by corrupt politicans and virtual bank scammers..

  39. BEB
    February 11, 2015

    From the time I heard of that Bitcoin thing, I believed it to be a scam ,I never heard any one coming on the media to inform we Dominicans how this thing would be operated , what are the pros and cons , how would we be benefiting from it.All I heard one time from the minister who was acting for the P.M while he was out, when he was interviewed on the matter, he declined to comment promising that he would comment at a later date, Well I guess, he couldn’t have commented on the matter, not before he would have gotten the OK from the P.M. I’m listening.

  40. But wait
    February 11, 2015

    The fact that to this day, Dominicans cannot get a clear statement from any government official about this bitcoin issue, speaks volumes about the sort of governance taking place in this land. This is what is meant by the deterioration of democracy. A gov’t is supposed to be accountable and transparent to its people who pays their salaries and all functions of state through taxes. We have one of the highest tax rates in Dominica, but can’t even ask a question of our government? We must rely on international media to know what the hec is going on by those we pay?! At what point do we say ENOUGH and demand that our ministers uphold their responsibilities to the people?!

    • Peter Potter
      February 11, 2015

      Everything in Dominica is on a ‘need to know basis’. This has been going on since this wicked government came in office. Skerrit only shares info with the nation that is more or less irrelevant anything else he hides. But hey ho we have been tolerating it for 15 years now, so no reason for Skerrit to stop his antics. Poor Dominica…

  41. OMG
    February 11, 2015

    BITCOIN HAS NO ROLE IN DOMINICA

  42. alas
    February 11, 2015

    So it was scrapped………go figure!
    Freya Stevens :”recent reversal of country-specific logistical decisions”???
    Ira Miller CEO of COINAPULT :”negotiations for the event broke down when it’s hosts in Dominica did not provide promised support?
    what was that support to be like?
    Sara Blincoe: “the Government never met certain project deliverables such as issuing a press release”
    “election cycle on the island nation complicated matters”
    De only people we have never heard a word from concerning this is our leaders in Government.
    Skerrit himself said we should ask questions of our representatives

    Boy me and my 2 cents education can figure out a BOBOL when i see one.
    Mr Darroux when will be de appropriate time to officially inform de Nation?

  43. shaka zulu
    February 11, 2015

    Only crooks and thieves likes the dark and loves to hide. Bitcoin associate will be spending life in prison. I will say again nothing is free and someone is always tryin to gain; an edge, advantage, profit, a vote, your loyalty, your resources, your trust, your love, and the list goes on.
    To gain prosperity in the Caribbean Businesses must find a way for working people to be able to buy shares so they can invest, expand, and grow and shareholders. In turn can benefit. Social security is currently unsustainable and the working class need other means of building wealth.
    Lets focus on realistic sustainable ideas and programs instead of some fad like bitcoins And our wealfare economics.

    • derp
      February 11, 2015

      but you hiding behind that username, lol show your face :P

      • shaka zulu
        February 11, 2015

        Nice one :wink: I would in a different forum. I want it to remain about the message and the points/ideas and not about me. I love Dominica. After God is the earth. Note it did not mention any one name. Yes, i stand to gain somthing. A better Dominica.

  44. Truth be Told
    February 11, 2015

    If a contract has been broken, Bitcoin should sue the contracted parties. Another example of how the Government of Dominica treats its citizens. Everyone knows of the Government involvement and endorsement of this project but they, the Government, are yet to inform citizens. I am not making any judgement as to whether this project is a good or bad idea, it may well be good for us, but how can the Government treat the country this way, no consultation, no discussion, no debate, no comments? And my people, including some educated ones with PhD’s believe this is all well and good. This is not how a Government treats the citizens of a country, it is wrong! And this, “Project manager Sarah Blincoe suggested that the Dominica government never met certain project deliverables, such as issuing a press release for the event.” Sorry Sarah, the international community now learning what Dominicans have been experiencing from the government of Dominica, and the usual suspects will defend…

    • Truth be Told
      February 11, 2015

      For those of you who voted Labour based on the promised Bit Drop, mentioned during the recent election campaign, I say sorry to you but this is not how and why you should elect a government. There is the lottery for that!

    • derp
      February 11, 2015

      lol bitcoin is not a company, lol that is the same as saying the caribbean dollar is a company well.. then again it’s owned by the ECCB but w/e ok, wrong analogy but do research lol

  45. Malgraysa
    February 11, 2015

    Not surprising really. Only last week wednesday (4 Feb.) 30 year. old Ross Ulbrichts from California was convicted on seven charges by a court in New York, including money laundering and drug trafficking using bitcoin. The FBI also found a completed application form for Dominican citizenship on his computer, with details of the Dominica based processing agent.

    • Titiwi
      February 12, 2015

      I am reading Mister will get min. 30 years in jail! Good thing we turned back from that at the last minute.

  46. Change
    February 11, 2015

    Only a matter of time ….

  47. February 11, 2015

    What is te real story dno on international news the owners of bit coin are on their way to jail smf.only in Dominica

  48. Doc. Love
    February 11, 2015

    Many supporters of the Skeritt led administration like to criticize Mr. Angelo Alleyne when he brings out the truth on radio. The cancellation of the Bit Drop Project , is as a result of real investigative journalism, not like the back of the hand Kamala journalism. I support this move by the Government, because had this project come to the shores of Dominica, it would certainly bring about the downfall of Skeritt, once and for all. Great job Mr. Alleyne, you are the man of the year, you have just saved Dominica from ruin.

    • Doc. Love
      February 11, 2015

      I wish to nominate Mr. Angelo Alleyne of Q95 Radio for the Sisserou Award 2015.

  49. zagayan
    February 11, 2015

    The CUNTRY nice boi!

  50. chowmien
    February 11, 2015

    Imagine a currency system that was created by a person who is afraid to declare who he is, Yet this present Labour party government was prepared to sacrifice the financial stability of this ‘innocent’ county on this major scam.

    If it was not for vigilance and advocacy of the opposition and Q95 commenters, then Dominicans would have woken up one morning to be forever doomed to this self inflicted financial albatross.

    If this thing was so good, Dominica would have been the last place they would have volunteered to use as their guinea pig.. What citizens must ask themselves is what about the many otherdubious schemes which are still under cover and have serious ramifications for the future of this naive nation.

  51. Words
    February 11, 2015

    The chains are beginning to fall..Break every chain!!!!

  52. hmmmm
    February 11, 2015

    I smell a rat! I wonder the Minister is planning to say after appearances on line with CEO of coinapult?

  53. derp
    February 11, 2015

    but of course ”Dominica government never met certain project deliverables, such as issuing a press release for the event.” this government does things behind closed doors making deals what you expect, bawball government

  54. Bee
    February 11, 2015

    DLP have a nasty habit of jumping into things without exercising due diligence first and doing their homework.

  55. JoJo
    February 11, 2015

    Thank Angelo for exposing this scam so extensively and thank the P.M. for changing his mind on this before it is too late. In the present climate that would be negative publicity for Dominica. Thank God above all.

  56. brother OJ
    February 11, 2015

    The government should come clear with the public

    • Titiwi
      February 11, 2015

      Oh boy, that OJ again! He was the main local partner in this but this is not new. History says he try something similar in 1979 when he was P.M. for a short while with his OJ Dollar. Why did govt. ever even listen to him?

      • Tourism Specialist
        February 11, 2015

        OJ created bitcoin not that Shasa fellow.

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