EX-PAT ALERT: Beware Crypto Currency offerings in Panama.

"JB"

I just saw a very riveting documentary on NETFLIX entitled “Trust No One- The Hunt for the Crypto King”

https://www.netflix.com/pa-en/title/81349029

I have ALWAYS been of the opinion that “Crypto” is nothing more than some dystopian millenial created bullshit!!  In like “Hey, we can’t go out and make REAL money, so why not create a currency of our own?” One not backed by any economincal principles that have been established for centuries based off that production, sale and profiting from the sale of goods. Off of Supply and Demand. My generation still follows these values. As such I have invested in companies with solid numbers. Produce items or a service that people want, consume, use, desire.   Essentially “Bitcoin” and the slew of people and money generators that operate in this mysterious space are snake oil salesmen/women that take advantage of a “microwave” and “I want instant gratification NOW” culture.

My concern to EX-PATS is getting involved with this type of investment strategy and MOST CERTAINLY….NOT doing so in PANAMA. It is a rabbit hole from one you will never return from. 

No Comments

Leave a Reply

Your email address will not be published.

"JB"
SAME “shady” names present in Red Frog desperate efforts to unbury a body. “IT’S OVER JOHNNY”

Can’t help but notice the “same old playbook” being used by the ever so desperate people at Red Frog/OGI/Blue Sea/Casco/ whoever the fuck they are now. Fuller arguing “his” association with crooked DeLeon should not preclude his involvement.  https://www.laestrella.com.pa/panama/nacional/leon-debe-caso-fuller-seguir-LRLE17973 Lawyer Ricardo Fuller Yero, who represents, through the forensic firm Fuller …

"JB"
MI AMBIENTE sucks generally, but they are RIGHT on this point.

The equivalent of the “EPA” in PANAMA is “Mi AMBIENTE”. Who in my opinion are a “rudderless” agency that is generally “LOST at SEA” in terms of what is BEST for PANAMA environmentally. That being said, the attempts to “domesticate” and make PETS of wildlife is wrong on many levels, …

"JB"
US policy on Haitian immigrants carries the waft of racism given the current situation.

OP ED: by “JB”- Before all the REDS freak out, let me clarify. I am NOT in favor of recklessly open borders with anyone being able to enter the US unchecked or undocumented. In the same way I am NOT in favor of it here, and mention DARIEN probably more …