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Your email address will not be published. Required fields are marked *

"JB"
GUTLESS “ABC” – Network pulls KIMMEL over an “opinion”. MY OPINION I POSTED BTW.

“JB”-  So remind me, Charlie Kirk was killed by a fuckin damged kid while practicing FREE SPEECH right???   And did anyone read MY POST after is happened?????    EXACTLY THE SAME THING.     Gutless Media- Gutless Agenda- Gutless COUNTRY.  MY OPINION……….. https://panamanowonline.com/my-f-g-country-is-literally-eating-itself-from-within-like-a-parasite-where-is-it/       https://www.pbs.org/newshour/nation/4-things-to-know-about-abcs-suspension-of-jimmy-kimmels-late-night-show 4 things to know about …

"JB"
ADVICE of THE DAY: direct from PNO. Found this gem and agree 100%

You’re only as good as your word. At least that’s what I was told as a kid. But is it true? President John F. Kennedy certainly thought so when he said, “I would rather be accused of breaking precedents than breaking promises.” In a world where politicians notably and consistently don’t keep …

"JB"
A liitle REGISTRO PUBLICO check. How does old “CV” at RED FROG justify LOT sales appraised at $1k??

“JB” – so yeah, more FRAUD, FRAUD, and more FRAUD.   Under appraising real estate in Panama, you need to understand the local legal framework and market conditions to accurately determine property value, often requiring professional appraisers certified under local regulations like Law No. 15 of 1959 and guidance from the IVAPPAN. Key …