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. 

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"JB"
No point in me feigning any arbitrary point. THERE were NEVER and “Land Grabbers” or “Pirates”.

“JB”- So many, many years ago when I just thought I would have some bullshit to ype to people back home about our retirement decision, I was blindsided into a “Hatfield“ and McCoy” type blood feud in Bocas del Toro.  Please feel free to go back and read thr archives, …

"JB"
Well, HELLO there,

“JB” –  Sorry for the radio silence.  Me and the wife had some unexpected travel that came up and I’m just getting settled. But PLENTY to talk about.

"JB"
EVERY YEAR I like to mention the BAHIA clean-up efforts. A ray of GOOD among the S–T.

THE NUMBERS ARE  IN!!! Nearly six tons of waste were removed last Saturday from the mouth of the Juan Díaz River and the Panama Bay wetland during a cleanup organized by the Panama Maritime Authority (AMP) and the environmental organization Adopta Bosque . More than 1,500 volunteers participated in the activity, including security …