Comments on: Minister: Systematic Approach To Fintech Growth

By: Up D Hill

Up D Hill — Tue, 23 Oct 2018 09:18:33 +0000

I`m sorry, please tell me what T-Milk man really knows of Fin-tech etc.? Why is he the expert in this unknown ? What the heck are you doing PLP? What else is there in the pipeline to stimulate the economy other than riding the OBA wave ???? And don`t tell me tourism and IB !! Fact is,, NOTHING!!!!

By: BermieBorn

BermieBorn — Mon, 22 Oct 2018 18:42:59 +0000

Regarding AC35: “That was an event that was over a month, that created a bump and a spike in our economy,” Minister Caines said.

No, there was a +2 year lead up to the event that significantly added to the GDPs of those years.

By: SMH

SMH — Mon, 22 Oct 2018 18:32:38 +0000

He’s bringing the entire government down. But that’s an incontinent truth they won’t accept.

By: facts of the rock

facts of the rock — Mon, 22 Oct 2018 17:56:35 +0000

Wayne Cains is looking to get Titty Milk anywhere he can including Bitcoin.

By: shrew

shrew — Mon, 22 Oct 2018 17:55:27 +0000

BINGO! Will the govt now accept cryptos as payment for taxes? Don’t think so! THis is all one big fat scam and in typical PLP style, they are falling for it. Does the Black Mayors conference and ho yeah the bohemoth Hamilton Harbour lease ring any bells? How much did we tax payers get taken for those? ALL under PLP. the OBA made money for this Island AND its people. ask any taxi driver.

By: somuchless

somuchless — Mon, 22 Oct 2018 17:50:40 +0000

Will the last one out turn off the lights and grab the bottle of titty milk on the dining room table.

…No jobs are coming.

By: Toodle-oo

Toodle-oo — Mon, 22 Oct 2018 17:49:19 +0000

LOL
Betty’s come back with a new attitude and profile !

By: Joe Bloggs

Joe Bloggs — Mon, 22 Oct 2018 16:45:06 +0000

All very good. Now, may I ask where all these new companies will do their banking? My understanding is that the Big 3 banks in Bermuda will not bank their business.

Of course, the whole idea of crypto-currency is decentralized structure, so perhaps they can pay all their bills in bitcoin and not need a bank.

But then how will they make their Social Insurance contributions and pay Payroll Tax?

By: 2 Bermudas

2 Bermudas — Mon, 22 Oct 2018 16:35:37 +0000

Ain’t een 5 o’clock yet and you’ve already had too much titty milk! Ha ha ha!!

By: sandgrownan

sandgrownan — Mon, 22 Oct 2018 16:13:42 +0000

“A temporary bandaid used to patch up the added mess the OBA created. Instead the PLP is looking longterm and you all are trying to sabotage them.”

Mess the OBA created? Really? So, the previous 14 years of PLP failure and incompetence didn’t happen? Right.

Trust me, they won’t need any help being sabotaged. They can do that all by themselves.

By: Double S

Double S — Mon, 22 Oct 2018 16:10:18 +0000

Hahaha.

PLP has been in power for 15 of the last 20 years and somehow the malaise Bermuda is in is solely because of the OBA? Then you have the nerve to call others dumb and manipulative.

Guessing you guys aren’t liking your own tactics being used against you.

Suck it up buttercup. What’s good for the goose and all that…

Now where are those job thingies that you and your team railed about between 2013 and 2017?

By: LocaliCartel

LocaliCartel — Mon, 22 Oct 2018 16:03:19 +0000

Agreed – fintech is the future and establishing ourselves as a global hub could bring significant value. So why risk losing that opportunity by opening our gates indiscriminately, and allowing companies secured by $1bn of invisible gold or with CEOs who have previously been sued for fraud to be the ones to provide the foundation?

By: Question

Question — Mon, 22 Oct 2018 15:57:47 +0000

He’s changed his tune, that’s for sure. They’ve gone from boasting about 70 jobs created to saying “it takes time to get boots on the ground”.
Suddenly re@lity sets in.
Amateurs.

By: Trump supporter

Trump supporter — Mon, 22 Oct 2018 15:55:37 +0000

You mean the union that would’ve been marching had the OBA been governing when belco striked last week? Or the union that didn’t show up!!

By: red rose

red rose — Mon, 22 Oct 2018 15:52:49 +0000

38 company incorporations and 50 on the way but not one mention of ANY jobs! No wonder TC is back peddling …

By: ObA lies passing as truth

ObA lies passing as truth — Mon, 22 Oct 2018 15:50:30 +0000

*FACTS NOT FICTION

By: ObA lies passing as truth

ObA lies passing as truth — Mon, 22 Oct 2018 15:48:56 +0000

Thank you Minister for addressing these incompetent so called high IQ types called the OBA trolls. It’s clear and obvious that the OBA followers dont understand business and lack the common sense to understand. The lies being told by them are completely ridiculous and not one word in that article ever suggested the PLP are back peddling on jobs being created. That’s a figment of the OBA followers imagination. Please anybody in the OBA, when did the PLP put a time stamp or quantify when and how many jobs will they create?….I’ll wait for the lies and deflections. Fintech is an industry and again you all keep trying to put it only with bitcoin, which shows how stupid and also manipulative you all really are. You all keep talking about being friendly to foreigners but yet all you all have displayed nothing but vitriol for these foreign companies potentially coming to and incorporating in Bermuda because you all want another sail boat race. A temporary bandaid used to patch up the added mess the OBA created. Instead the PLP is looking longterm and you all are trying to sabotage them. Caines just gave you a FEW areas of Fintech but it’s so many more avenues and career fields jobs will be in abundance for those who seek to be apart of this. I’m not going by what a small minded MINORITY called the OBA says about this when they have NO CLUE what it is. Fintech and technology period is a young man’s game and that scares you all to death because you all are satisfied with the good old days when you all controlled everything like you still do today. Come at us with FACTS not fairness in regards to information about FINTECH. The whole world is watching Bermuda and are more excited than a lot of you all on the internet about Bermuda being the home for Fintech. Did the IBs and insurance companies come here and setup overnight, NO it took time to build that pillar of our economy. This new pillar being built will take time but I bet you you wont be waiting 4 years for a month long event. That I can assure you…

By: sandgrownan

sandgrownan — Mon, 22 Oct 2018 15:18:05 +0000

They’re just sore that during PLP Mk I the best, the absolute bets, they could do was get Beyoncé here. The PLP lack the will, appetite, drive, and intelligence to even consider such an undertaking. It, simply, would have been too much hard work.

By: Truth be told

Truth be told — Mon, 22 Oct 2018 14:41:27 +0000

Agree BUT, bitcoin is such a shady business that these guys really don’t care about being hated and have no respect for any laws Bermuda may or may not have.

THEY ARE USING US!! They are taking advantage of our stupidity.

They see us as a bunch of idiot island bumpkins who have no idea what we are getting ourselves into. They only see us as a zip code that is too stupid to understand that there’s a reason why no legit bank wants to touch this with a barge pole. And too stupid to understand why most legit countries say “hell no” to this shady business. (Keep in mind that bitcoin is used to pay for porn and to pay ransoms for people caught with porn on their computers. See related Police story on porn scam email)

So TittyMilk, you won’t be getting a call from MENSA any time soon.

By: DeOnion

DeOnion — Mon, 22 Oct 2018 14:39:40 +0000

But it’ OK if he mixes with his bitcoin billionaires?>

By: DeOnion

DeOnion — Mon, 22 Oct 2018 14:08:43 +0000

So after all the promises of jobs and training and investment, we are now being told it will all take time … this would be funny if it were not so serious.
Government has put everything into this and there is nothing else – nothing else while the economy is tanking and when time is something we have not got.

By: 2 Bermudas

2 Bermudas — Mon, 22 Oct 2018 14:06:06 +0000

If they can’t get gaming right they don’t stand a chance with this! The PLP needs to lay off the titty milk for a while!! ha ha ha!!

By: sandgrownan

sandgrownan — Mon, 22 Oct 2018 13:15:24 +0000

“The truth of the matter is there is a buzz around Bermuda. People are coming to Bermuda now, and we believe that once we do this systematically, once we follow the prescribed method, that we believe that we will see the benefit of people coming to Bermuda.”

Well, as long as they speak English, aren’t Canadian and aren’t gay. But other than that we’re good right? And don’t even think about making Bermudians redundant, the government has the final say on how you manage your business.

Oh, and Immigration are on a go slow.

By: Triangle Drifter

Triangle Drifter — Mon, 22 Oct 2018 12:58:38 +0000

Uh oh, here we go. The back paddling has begun. Good news is that certain people have racked up all kinds of air miles to use later on personal trips.

By: Question

Question — Mon, 22 Oct 2018 12:49:16 +0000

Will the union confirm that laws apply equally to everyone?

By: 2 Bermudas

2 Bermudas — Mon, 22 Oct 2018 12:47:25 +0000

This sounds like someone who uses his own supply!! Titty milk is real!! ha ha ha!!

By: sandgrownan

sandgrownan — Mon, 22 Oct 2018 12:40:40 +0000

At least he’s on message with constant bashing of “the one month raft up” for billionaires.

By: Something is Majorly Wrong

Something is Majorly Wrong — Mon, 22 Oct 2018 12:36:57 +0000

Here is the problem – the PLP mantra has changed from creating jobs for Bermudians to “bringing jobs to Bermuda” -BIG Difference. What buzz is he talking about? There may be one at all the cocktail parties he attends with free booze and snacks but in the wider community people are feeling the pinch. Retails sales down again. Real estate space widely available and the population in serious decline. Maybe he is still thinking about milk?

By: Mike

Mike — Mon, 22 Oct 2018 12:23:49 +0000

The Premier says he has a “5 year vision”. Very helpful and comforting if you are unemployed today.

By: Mark

Mark — Mon, 22 Oct 2018 12:16:53 +0000

Show us one actual job created out of all this spin Minister TMilk.

By: wahoo

wahoo — Mon, 22 Oct 2018 12:12:39 +0000

How do they feel now that the ESTU and supporters have shown their hatred of foreigners and lack of respect for the law which by the way is in place to protect Bermudians and all residents.

By: One True Heir

One True Heir — Mon, 22 Oct 2018 12:02:45 +0000

Systematically remove the signature with international narcotics and sign UN human rights…then provide medical marijuana so the general indigenous may have relief from suffering please.

By: Huh

Huh — Mon, 22 Oct 2018 11:58:24 +0000

Agreed, a lot of talk and no action…this isn’t going to be good for Bermuda or Bermudians. How many Bermudians are qualified in fintech, other than the mailman that was just put in charge.

By: stormy daniels

stormy daniels — Mon, 22 Oct 2018 11:33:56 +0000

You guys are put in power to govern, stop crying about what the past administration did or didn’t do. Thats why there out. Put on your big boy pants and drink milk.
And since you seem to be pretty SURE, how many Bermudians are you going to hire.

By: What

What — Mon, 22 Oct 2018 11:26:33 +0000

Sounds like the PLP are backing off all the hype they have been promoting? Something is definitely wrong as they are using the old “in the near future” statement which in PLP speak means “not gonna happen”!

With all these companies “coming to Bermuda for courtship” I find it incredulous that not one can open a bank account nor hire Bermudians for anything remotely related to openya business. And what happens when the banks don’t materialize? Is Bermuda left holding the bag?

Mr Premier you have a lot to speak to yet the trips overseas continue without real progress and “boots on the ground” as you say. And you are developing a building for FinTech which I assume is free to FinTech companies as they can pay their bills without a bank account or are they going to pay our Government in bitcoin?

Lots of questions and still no answers in sight. Sounds like this is all stalling and the PLP is now trying to put a firehouse on the fire!