One of the most vocal local critics of a Bitcoin project which was originally slated to take place in Dominica in March is expressing delight that the matter has been scrapped.
The event, Let the Bit Drop, was expected to introduce Bitcoin to the entire citizenry but it was cancelled after organizers said they were not receiving support from the government of Dominica.
“I am happy that they have decided, in all honesty, to keep this fraud away from Dominica,” talk show host, Angelo Allen, told Dominica News Online.
For months Allen had railed against the project on his show hosted on privately-owned Q95.
“I suspected from the beginning that the Bitcoin event was not a legitimate developmental event for Dominica,” he said. “And of course from my international connections, I was also briefed about some of the people involved in the whole Bitcoin operation and I have some information about some of the offices that they operated from and some of their associates, which were in some cases according to the information I had were rather unsavory.”
The project was made public in 2014 amidst great fanfare by admirers of the digital currency and the event was expected to take place in March 2015.
But mere weeks before it was to take place, organizers announced that it was cancelled due to “recent reversal of country-specific logistical decisions.”
The organizers also said Dominica did not provide promised support and never met certain project deliverables, such as issuing a press release for the event.
Allen, said he decided to disseminate information to the people on the project, “particularly when I noticed the government of Dominica were highly involved in terms of allowing the logistics to be put in place, to change the name of Dominica’s Stadium to Bit Drop Stadium and also to have an international launching of Bitcoin in Dominica.”
He mentioned that his investigations brought up many things about Bitcoin.
“Putting it all together, quite frankly, I recognize that was a fraud in the making against the people of Dominica and as a result of that I reported on it,” Allen said.
Bitcoin is a digital currency, which according to CNN Money, was created in 2009 by an unknown person using the alias Satoshi Nakamoto.
C;clearly Angelo may have explain to Dominicans the role he has played in the development of Dominica
Are the readers aware that VIRGIN AIR have accepted bitcoin .. that the worlds wealthiest Bill Gates and Microsoft as well as SPAIN HAS ACCEPTED BIT COIN ..
That Bit drop was the name of an event like Creole festival to be held at Windsor park .. this nefarious mix of hyperinflation accepted by the gullible is startling proof of us a as a people wearing our badge of ignorance as a badge of honor as said by PIERRE Charles .
BETTER RIGHT WITH MICROSOFT end BILL Gates and Spain etc than with the ignorance masquerading as intelligence ..OJ you have been an innovator who has performed well throughout the years to be chronicled by historians .. keep up don’t top ..one day Dominicans will understand that BITCOIN AS A VIRTUAL CURRENCY will replace the sharks of money gram and western union.
Anything to be CALYPSO KING..Dem days everyone wants to be noticed and will do or say whatever it cost to do so.
I truly believe the Bit Drop event would have put Dominica on the World stage, especially with the proposed name changes of Windsor Park Stadium to “Bit Drop Stadium” and Melville Hall Airport to ”Bit Drop Airport” instead the Govt backed down and went with Douglas-Charles Airport.
We must not indulge in everything that lands on our shores. There are fraudulent people out there and if we are not sure about something it is best that we do not participate. Like someone said, we must do our research first. We must become more more knowledgeable about anything we indulge in. If we are not then we will be taken for granted.
ONE LOVE
I pray I live long enough to see Dominicans regret the decision not to get involved with Bitcoin. It just could be the future of finance.
@Sams Gutter, why so blind? Did Dominicans reject Bitcoin? Was it not Skerrit and the DLP that rejected it? Did you and hear or have you heard any news item from DBS &/or GIS re Bitcoin? Has the PM who is finance minister ever had a conversation with nation on the pros and cons of Bitcoin? We just had an election campaign where millions were spent by the government to bring in foreign artists. Did you hear him or other DLP members say one single thing on bitcoin? Did you read the following on DNO on Wednesday, February 11th, 2015 at 12:20 PM: “Project manager Sarah Blincoe suggested that the Dominica government never met certain project deliverables, such as issuing a press release for the event.” What about this one: “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.” So please blame your Skerrit and DLP for any failure
There are many countries that have either banned or restricted the use of bitcoins, such as Russia, China, India, Japan, just to mention a few. Even the U.S.A. is looking to take measures to restrict its use, if not ban it altogether because bitcoin is helping organised crime and terrorism to hide their activities.
Maybe you do not understand how the world works. A lot of people have gotten carried away by the advent of the internet, which was created by the UK and US intelligence services and later released by their governments for commercial use. The internet exist because governments allow it to exist. A lot of people do not realise that! The day a mysterious currency becomes the “future of finance” as you put it, without the consent of sovereign governments will be the day that the concept of “Government” and “sovereignty” dies! The US Fed and the dollar, the EU and EURO, the British and the Pound, the Chinese and the Yuan, etcetera, etcetera, will just sit back and allow Bitcoin to dominate currency and financial control in their countries and their international trade? Even the “cyber world” is made up of linkages between the internet connections of sovereign nation states! Crypto-currency will only become mass circulation and legal tender when Governments decides to do so, no…
Like slaves on Massa’s plantation we are treated in Dominica. Why has Minister Darroux, nor Minister of Finance Skerritt, remain tight-lipped, saying nothing to the citizens? So we are dogs then? Even when citizens ask questions, they are rebuked. Nobody should speak about those kinds of crookedness and scams.
V. Chairman of Bitcoin Foundation has been charged by US prosecutors with conspiring to committ money-laundering by helping to finance cash to illicit online drugs bazaare. Read all about it. News all over the world. As usual, the revelations from Angelo and the arrest of Bitcoin official have them trembling.
The Cabal continue to disrespect Dominicans with no mercy. Dominica is sold. Scams and more scams. Thanks to the Cabal.
When i hear o.j. seraphine name was involved with this bitcoin thing, i know it was a not good scam
All OJ did and is trying to do is help and improve the peoples lives in Dominica
Oh, and it has nothing to do with O.J. feathering his own nest has it? Carcon, why was O.J. voted out of office as P.M. after hardly a year? You may still believe in father christmas but most of us don’t.
Honestly, I’M yet to comprehend Angelo’s message regarding that Bit Coin business.
Bit Coin is a new era used world wide to do business those days.
Soon Angelo you will prove yourself wrong.
It is not used world wide.Do your research.It would be very bad for the island.
@Deal or NO Deal, I can understand why you are yet to understand Angelo’s message re bit coin. However, the person (s) that should have sold it to us is /are moomoo. No one was is a better position to educate the nation on bit coin than the Hon. Prime Minister, who also is minister of Finance. What has he told us? Has he said anything to the nation? Has any of his ministers said a thing? Has any of his acolytes said a thing? Everything we have heard were either from Angelo, DNO, or Q95. Now you want to prove Angelo wrong? Does the nation pay Angelo a salary like we pay Skerrit? Man you all are too soutiweh and damn wicked in this country.
Skerrit should tell us of the benefits of bit coin. He should inform the nation. He should tell us why he agreed and arranged with Bit Coin to have The project, “Let The Bit Drop” take place in Dominica on March 14, 2015. He should tell the nation WHY he cancelled that event. It sure was not Angelo that agreed with bit coin neither was it Angelo that cancelled it. Project manager Sarah Blincoe never blamed Angelo. She and others blamed the GOVERNMENT! I realized supporters of DLP, including the Savarin are quickly trying to blame the opposition for the expected failures of Skerrit. However, we all know better. Bye the way, I sell DA passports too.
It is not Angelo that you are yet to comprehend! You are yet to comprehend many things, including Bitcoin and the world!
“Bitcoin s a we era” zor mi lagage wiii.
Angelo you have demonstrated the power of one but really the power of all.
Great work.
Allu people should not utter a word here. We Dominicans are too two-faced.
When the Bitcoin story first broke, 90% of the people were against it. As soon as they hired a US based Dominican attorney, suddenly our skepticism turned to support.
Now allu back to allu original skepticism.
Flip-flops are only good for walking around the yard and going to the beach.
question, is Allen calling the bitdrop a fraud or bitcoin a fraud?
Hopefully he’s just referring to the Bit Drop, because Bitcoin itself is just a currency, and is not fraudulent.
Mr. Foerster, maybe it is not a fraud but it certainly used by fraudulent people, drug dealers, money launderers and terrorist in order not to be traced. Angelo Allen told us only this morning of a man taken to court in England because he tried to buy the very dangerous ricin on the net using bitcoin.
@Titiwi, you can do the same thing with cash….
Thank goodness the US Dollar or ECD has never been used in an illegal activity!!!!
And when people use credit cards for criminal activity do people blame the form of payment? Of course not, because in that case they actually understand it.
I realise that Dominicans have seen a lot of dodgy financial stories, and yes, in general people should be careful. But part of taking care is to become educated about a thing before going on with loud opinions about it, and in the case of Bitcoin that simply isn’t happening.
I am very delighted to know that Dominica has a very highly informed talk show host, named Angelo Allen. Angelo has once again single- handedly saved Dominica from yet another destruction from Hurricane Skerrit and his corrupt team. If Dominica had 10 talk show hosts like Angelo, Dominica would be a paradise. Once again, thank you Angelo.
DNO, now that you secured an interview with Angelo, it is now time to get one from Roosevelt Skerrit, so that he could clear the air on those very negative statements and criticisms made by Bitcoin concerning The Government of Dominica. Skerrit needs to tell us what he knows re the ” the event, Let the Bit Drop”, why such event was agreed upon, yet not one time was the nation informed by the government, and what he knows about the persons involved in Bitcoin. It is now time to really press Skerrit for answers because not only is he the PM but also the Finance minister.
Most uniformed tripe l have ever read, he should expand his mind and do real research instead of saying what the uniformed masses want to hear
ok, here is what cnn said about bitcoin, they made a whole episode about it, it aired recently, educate yourselves
https://www.youtube.com/watch?v=utvkZ8korVM
lol some people just opening their traps without being knowledgeable about jack. smh typical Dcans. thats why they will sell them n they still dont know.
Angelo, I commend you very much for having taken the initiative to stop another wave of corruption perpetrated by this government. These guys can never do anything clean, day after day is develish work.
Thanks Angie.
Yes another corrupting wave similar to electricty and the internet………shut it all down now!!!!
Mizz J is an idiot, at best. “we will do our own research…” really? Will do? Angelo HAS been doing research all along in order to disband this nation wrecking digital, mark of the beast episode. Mizz J, go hide under a rock please.
Perhaps someone should enlighten everyone to what bitcoin is and how this article is a bit flippant..
https://bitcoin.org/en/
Yeh please teach us flopping Fook what Bitcoin is cause our government was planning to shove down our throat without even an appetizer.
but only Laborites are way to blind to realize that this was just another insidious means of selling passports and diplomatic positions so as not to be detected. Only Laborites will ignore the corruption where BITCOIN Jesus paid for his St Kitts passport at 400000 Bitcoins. Why why why
lol at this comment he did not buy it in bitcoins lol he bought it in USD according to your comment he bought it for 400,000 bitcoins which is worth $94,720,000
@Mamizoo, you don’t have to use bitcoin so no one can shove it down your throat. Just like credit cards the choice is yours if you want to use it. Before you open your uninformed mouth educate yourself on bitcoin, as we speak it is gaining in popularity in the US and other countries, it is not illegal.
The information is right there for everyone to see and understand but some refuse to use it. They just rather sit and listen to other peoples opinions.. Bitcoin is allready accepted at many outlets world wide..open your eyes people read its right there…geezzzz
Thank you. The essence of the4 question is why, substantially is he delighted?
“And of course from my international connections, I was also briefed about some of the people involved in the whole Bitcoin operation and I have some information about some of the offices that they operated from and some of their associates, which were in some cases according to the information I had were rather unsavory.”
That HEARSAY is not enough. Some journalist.
I hear your delight but you have yet to say anything substantial about it. We will do our own research thanks. As for Bit Drop Stadium, more hearsay?
More ignorance from ignorant laborites. Go read the articles on line which is supported by the organizers and you will see maybe not understand where the Bit Drop Stadium naming came from.
Go read something you ignorant goat
idiot, google it and stop attacking the messenger. or furthermore I will do it for you
http://www.letthebitdrop.com/
Most Laborites don’t read and if they do they read like how Tony claim Ian Douglas reads- acknowledge to front
Mizz J, keep listening to Kairi, DBS, Vibes GIS and you will stay in the dark, just like a mushroom.
Good for you Angelo! Keep Dominica informed. You beat GIS anytime.