Premier Burt Attends Annual Satoshi Roundtable

February 2, 2024 | 18 Comments

Premier and Minister of Finance David Burt is in Dubai attending the annual Satoshi Roundtable, a “gathering of top digital asset founders, leaders and executives.”

A Government spokesperson said, “The Satoshi Roundtable is an invite-only event that has been running yearly since 2014. The Government receives invitations in recognition of Bermuda’s continued leadership in the digital asset industry, and the Government of Bermuda has sent a delegation to this event since 2019 to ensure the highest level of visibility for Bermuda.

“Premier Burt, in his capacity as the Minister of Finance, is leading a delegation consisting of representatives from the Bermuda Monetary Authority [BMA] and the Government of Bermuda’s Economic Development Department.

“The purpose of Bermuda’s presence is to promote the island’s innovative culture and the regulatory clarity provided to digital asset companies and digital asset insurers through the Bermuda Monetary Authority. Events like the Satoshi Roundtable provide a platform for Bermuda to invite high-quality companies to join our ecosystem, which promotes economic development and job creation. While in Dubai, the Premier will also join regular meetings in Bermuda remotely while abroad as normal, including Tuesday’s Cabinet meeting.”

Premier Burt said, “I look forward to representing Bermuda at the Satoshi Roundtable, a critical event for leaders in the Digital Asset industry, to which the Government has been invited and has attended since 2019 thanks to our innovation and leadership in the digital assets space. Bermuda has had some successes as well as challenges in fintech. However, just as it was not all smooth sailing in the early years of reinsurance, in the long term, Bermuda’s leadership in the digital assets industry will yield benefits in the future.”

“I’m grateful for the partnership between the Government and the Bermuda Monetary Authority. Their support at events like these is invaluable as it provides invitees direct access to our world-renowned financial services regulator, which is critical for the expansion of Digital Asset Companies and Insurers in Bermuda.”

The spokesperson said, “The Premier will return to Bermuda on Wednesday, February 7, 2024.”

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Comments (18)

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  1. Hilarious! says:

    Another $12,000+ first-class ticket?
    Still waiting to see the Big Guy’s expenses from COP28.

    • Joe Bloggs says:

      I hope you are not holding your breath while you wait!

    • puzzled says:

      COP28?

      Is that back to the future?
      It’s 24.

      • Hilarious! says:

        No, back to the PAST.
        The 2023 United Nations Climate Change Conference or Conference of the Parties of the UNFCCC, more commonly known as COP28, was the 28th United Nations Climate Change conference, held from 30 November to 13 December at Expo City, Dubai, United Arab Emirates. The COP conference has been held annually (except 2020 due to the COVID-19 pandemic) since the first UN climate agreement in 1992.

  2. puzzled says:

    Too bad he has not time for a square table in Bermuda.

    He will be back in thyme to buy some tables from Southampton Priceless.

  3. Steve says:

    Time to go Burt. Another wasted trip.

  4. Sandgrownan says:

    Oh excellent, another valueless trip by the emperor. Does he just sit mouthing platitudes? There’s no way he understands any of this.

    Meanwhile, Rome burns….

    • Hey says:

      More like the UBPobaaers burn with hate because they know the next election will be 30-5 and one JETgate.

      • iyiyi says:

        Yeah …. another sad day for Bermuda

      • Hey says:

        Jetgate was not using taxpayers money. It was a donation to the party by someone, that was received into one of the members of the OBA bank account. That person used the funds for expenses on campaign posters and flyers. That went against the OBA policy, which determines that all private donations to the Party must be paid into the OBA account. It was a matter of not following party guidelines and had nothing to do with the voting public’s money. The PLP on the other hand are paying friends and family with yours and my money. See the difference.

        • Eyes wide open says:

          More like Jetgate received the 350k which went into his bank account and didn’t tell the OBA about it. The only way everyone on the island found out about this $$$$$$$ was from a media reporter who was investigating the matter. Wasn’t Jetgate on the news before all this information came out saying he didn’t know what the reporter was talking about LOL. The only way the OBA party actually found out was from the Chairman Thad Hollis doing a report which lead to you folks kicking Jetgate out as Premier. Don’t try to rewrite history with lies. This is why you received 30-6 last election.

  5. Question says:

    Will you stop wasting our money.

  6. Steve says:

    Gone to buy a new suit that doesn’t fit him

    • Voter says:

      Na I think he’s gone to look for an Opposition Party that can finally challenge him. The present one is a Circus with all clowns.

  7. Warrior says:

    Totally agree with everyone.

  8. trufth says:

    This is such horse shyt!! You are a joke! You are embarrassing on so many fronts.
    YOU ARE A CIVIL SERVANT!
    YOU WORK FOR US!
    WE PAY YOUR SALARY!
    STOP WASTING OUR MONEY!!!

  9. Question says:

    “Oh good, it’s such a good thing that Burt goes on these expensive luxury middle east trips at our expense.”
    Said no-one ever.

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