There I am driving my son to work this morning, 9.10 am, just after Arboretum / Deputy Governor’s house on Middle Rd, when I spot coming from the other direction a Dunkley’s mini van with the (black haired, caucasian)driver busy talking on the phone. Perhaps not such a big deal, except that there seems to maybe be something of a culture of recklessness and turning a blind eye. The very sad fatal collision of course comes to mind.

Here are my two points -

Dunkley might consider keeping quiet for a while and putting his own house in order. This culture of good old boy, looking the other way callousness is harmful, even lethal.

The vast majority of us are not born into nor inherit a monopoly, let alone a milk one. Nor do we come into significant holdings of residential and commercial properties generating tens of thousands of dollars in earnings every month, year in and year out. Taking this privilege for granted and shirking one’s responsibilities on the small things is a sign (at least to me) of arrogance and indifference to the less well off.

Conclusion: Former Premier Dunkley would do well to wish all aspiring entrepreneurs well and reflect upon his own good fortune.

As it relates to the technology jobs being created none of the MOUs point to tech jobs, and none of the companies will add tech jobs in Bermuda. Compliance jobs definitively – so the only real winner in this will be the BMA who already have highly paid staff and are looking for fintech experts – which will not likely be Bermudians to add to their compliment of staff.

The questions Michael missed are why are there no home grown (Bermudian) startup companies in this list? Does Bermuda not have anyone who knows tech? Does the Premier not have confidence in his fellow Bermudians in technology? When will there be opportunities for Bermudians to get in on new industries as owners rather than employees?

The only owner opportunity for Bermudians recently has been with the AirBnb rentals, which just took a disproportionate hit against the establishment of hotels – so in my opinion Bermudians being squeezed out of ownership and into jobs/employment. Hardly Bermudians first in my opinion, but maybe we are not all that intelligent and cannot see the grand plan that the Preimier has set out. Really hoping for the best but sceptical right now.

“sober discussion” being a plp devotee I guess you are not familiar with the notion of taking your time and gathering facts.

That said, something better succeed and fast because we are still living on borrowed money and time. Much of the private sector is only being kept from collapse by Government spending the money it borrows – against all our futures. Thousands of private citizens (my observation from the front lines) are living off their life savings and cashing in assets to stay afloat. Thousands more have left as they simply cannot afford to stay and economic activity correspondingly shrinks. There clearly is no easy solution (like say an America’s Cup…ha ,ha ,ha), only hard choices and hard work.

So all Bermudians need to get behind the PLP and help get this over the goal line and stop listening to people like Michael Dunkley who knows nothing about this industry.

Jeanne Atherden is even more techno illiterate than Mr. Dunkley so no wonder she is taking a back seat!

Michael just spews our what Fahd and his other entitled cronies tell him to say. If you ever got Michael in his own he would look real stupid without his notes!

Digital Jersey has signed a memorandum of understanding with the world’s largest cryptocurrency exchange, Binance. Under the memorandum, Binance will develop a compliance base and cryptocurrency exchange in Jersey. Digital Jersey will collaborate with Binance to deliver training and other initiatives to support the growing blockchain ecosystem in Jersey. Digital Jersey will also support Binance in discussions on compliance with anti-money-laundering regulations, and to establish exchange licensing and local banking relationships.
CEO of Digital Jersey, Tony Moretta, said, “Jersey was one of the first countries in the world to clarify the legal position of cryptocurrency exchanges back in 2015. We can provide a permissive sandbox for innovative crypto businesses to thrive without moving away from the general high standards of regulation that apply in our jurisdiction. We look forward to collaborating with Binance to develop their exchange and compliance function in Jersey, deliver blockchain training as part of our digital skills programme and support the growth of new start-ups in this area.”
Binance selected Jersey for its highly developed digital infrastructure, robust regulatory framework, and world class financial services sector. The Government of Jersey and the Jersey Financial Services Commission recognise the innovative potential of distributed ledger technology and will work closely with Digital Jersey to develop this area of fintech and the growth of local talent to support it.
CEO of Binance, Changpeng Zhao, said, “We have chosen Jersey to be the next big step in our global expansion strategy for its clear and pro-crypto investment and regulatory environment. With its local economy based on a major currency (GBP), and its close proximity to the UK and Western Europe, we are confident the cooperation with Jersey will not only benefit the local economy, but also form a strong operational foundation for our expansion into the rest of Europe.”
It is hoped that the move will create around 40 new jobs in the sector and Digital Jersey are working with the Binance Foundation to establish training schemes covering a range of digital skills including distributed ledger technology, artificial intelligence and regulatory compliance. Binance will also invest in new Jersey-based start-ups in this area through Binance Labs, encouraging innovation and supporting Digital Jersey’s objective to diversify the Island’s economy and establish Jersey as a leading digital centre.