Comments on: Arbitrade, Exchange, Criticism, Meeting & More

By: Double S

Double S — Mon, 17 Dec 2018 13:24:51 +0000

Your own Premier has scaled back his previous claims about this being a ’3rd pillar.’ See his comment below in the latest Bernews article:

“I am not in way, shape, or form holding this out to be a third economic pillar, but what I do believe is that it can serve as an enhancement to what we’re doing in financial services and make sure that we can continue to innovate and lead in the area of being an international financial services jurisdiction.”

You were misled yet again.

By: aceboy

aceboy — Mon, 17 Dec 2018 11:08:37 +0000

You have been led to believe that this is going to be the third economic pillar of our economy. Where did you get this idea?

It couldn’t have been our Premier, surely???

This is what he has just said after being asked about Fintech jobs:

“I am not in way, shape, or form holding this out to be a third economic pillar,”

Perhaps you might want to amend your thinking a bit. You need to be fluid and try and keep up with what the government is saying NOW, not what it said a few weeks ago.

By: MB

MB — Sat, 15 Dec 2018 15:19:30 +0000

Funny how the believers keep ref premier, govt comments and ‘purchase’ of building as proof not a scam…lmao…ok so premier has weighed on stressing no licence yet but WHY the deafening silence from the realtor and owner of the building …cos all of Bermuda knows no way this building is sold.
In contract maybe..but sold, who are you kidding and the realtor has duty to set record straight

By: Law

Law — Sat, 15 Dec 2018 14:37:14 +0000

Chill bie! We are the new Wakanda and no one can touch us!

By: aceboy

aceboy — Sat, 15 Dec 2018 11:36:04 +0000

There is no pillar. Instead of lapping up whatever the PLP politicians tell you stop and think about this company.

Dunkley is actually trying to help Bermuda not get sucked into a huge scam.

Remember the Black Mayors Conference debacle? That was blatantly a scam and anyone with an internet connection and 5 free minutes could see that. This is just a bigger version with much more at stake.

By: Question

Question — Sat, 15 Dec 2018 10:59:17 +0000

This is the ‘new economic pillar’? You lot are hilarious.

By: bermewjan

bermewjan — Sat, 15 Dec 2018 03:05:58 +0000

900 jobs gone last year
Electricity usage has fallen by 20%
EU Substance equivalency is about to chase away even more business
The government are risking our sovereign risk rating for pie in the sky money laundering concepts like crypto, arbitrade and gambling
They are further damaging our reputation internationally by pursuing laws that contravene human rights

…. here comes much deeper contractions in our economy which are going to hit our poorest the hardest. Thanks to both parties. You all suck!

Let someone who at least understands economics manage our economy.?Your focus on the Emperors new clothes just for vote clambering is killing our economy. Morons!

By: Retro

Retro — Fri, 14 Dec 2018 22:38:36 +0000

Really? This reminds me of Burt’s swizzlegate controversy except this time he has managed to make all of us look like idiots.

By: 2 Bermudas

2 Bermudas — Fri, 14 Dec 2018 22:22:56 +0000

25-11 is all that matters to these lot. Day to day, week to week is how they see things. When the civil service doesn’t get paid one day then they’ll ‘woke up’. Ha ha ha!!

By: Vote no more

Vote no more — Fri, 14 Dec 2018 21:45:59 +0000

You think they’ll hire there own plane to transport the gold.

By: Family Man

Family Man — Fri, 14 Dec 2018 21:10:24 +0000

I’m sure Arbitrade is totally legit. I mean, really, all their backers and supporters have such sterling reputations. As soon as they get their 395,000 kg of gold stored in their new headquarters building they’ll be taking over the Hamilton Waterfront for redevelopment. One of their first events will be to host the long delayed Black Mayors Conference.

By: Enquirer

Enquirer — Fri, 14 Dec 2018 21:06:08 +0000

On May 24, Arbitrade claimed to have over 200 developers working for the past 6 months (and 160 before that). There is absolutely no evidence of those developers whatsoever. Can you get clarity on that? Perhaps find out which office they’re working out of and how their salaries were funded?

Also, it claimed that there was a “world class development company” doing their coin swap. Can you find out which one? Also, if they have 200 developers in crypto why did they have to outsource the coin swap?

Also, they made specific claims about the number of mining rigs and the numbers in their claims do not add up to later claims. Can you investigate? Perhaps get the addresses for the mining done so far?

Also, they claimed that launch was “weeks away” in late 2017 and would have “millions of users” by 2019. Why the delay?

Also, Arbitrade claimed that there was no ICO for their tokens like Dignity but the main wallets have been slowly shrinking in size from 100% owned by one in February to now spread across over 3,000 wallets. If there was no ICO then was Arbitrade (or a related party who owned the tokens) selling them on the open market?

If there was no ICO then how do private citizens hold the coins?

What will Arbitrade do now that the SEC has deemed that tokens like Dignity are unregistered securities (since its returns are derived from the profits of mining rigs as per the white paper)?

By: 2 Bermudas

2 Bermudas — Fri, 14 Dec 2018 21:00:58 +0000

Blockchain Caines and Crypto Burt going to sink the only thing keeping this island afloat – International Business.

25-11!!! Ha ha ha!!

By: Law

Law — Fri, 14 Dec 2018 21:00:13 +0000

The Milkman and the investor are both idiots and obviously hell bent on destroying Bermuda’s new economic pillar! Just shut up Michael and go back to making your milk! We won’t allow you to hurt our Island by reaching conjecture and doing your pink panther inspector analysis. You think so much of yourself but in reality you are not a smart person or a seasoned investor and neither is your new buddy!

By: Drink that titty milk!

Drink that titty milk! — Fri, 14 Dec 2018 20:54:58 +0000

Really? That what you take from this article? These guys are a scam and Bermuda, especially the Premier, are risking our international reputation on this lot.

By: Onion

Onion — Fri, 14 Dec 2018 20:53:39 +0000

This will end so badly. This company is so dodgy.

By: RED FLAGS

RED FLAGS — Fri, 14 Dec 2018 20:53:31 +0000

This has nothing to do with Dunkley and everything to do with the reputation of this country.

Stop being political when it is totally unnecessary please.

By: Hmmm

Hmmm — Fri, 14 Dec 2018 20:32:19 +0000

Dunkley is looking for attention; lol you’re irrelevant bro.

By: Gregg

Gregg — Fri, 14 Dec 2018 20:31:22 +0000

This has Dunkley written all over it. Next!!

By: Dunk

Dunk — Fri, 14 Dec 2018 20:30:35 +0000

Dunkley looks uncomfortable in that picture. This Moas guy just switches to whoever is….well you know the saying. Whoever pays the piper, plays the tune…