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Your email address will not be published.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"
KEEP’em coming. Back in US.

OP ED: James “JB” Bryson All- Please collectively put on your thinking caps and keep sending in some contributions while I am dealing with things back in the states. PNO has an audience and we need to keep our topics of interest CURRENT. Mainly-  RED FROG BEACH and all the …

"JB"
A CHECK-IN, A CHECK-UP, now CHECKING OUT. * Request to PNO followers. Keep us going!!!!

OP ED: James “JB” Bryson So the wife has me go in for my yearly check-up. Feeling great, nothing out of the ordinary, but we need to do this after my “event” in 2022. So, it appears I need to head back to the states for a bit for some …

Economy
CHINA remains keen on imprinting influence in Latin America. Keep an eye on these slippery F–K’s.

Varela’s BFF’s!!! https://indepthnews.net/the-chinese-investment-in-latin-america-is-changing/ BUENOS AIRES, Argentina | 17 August 2024 (IDN) — In the past decade, Chinese investment into Latin America has so often been characterised by large infrastructure projects: roads, railways, dams and ports, among others, frequently backed by state finance, and in many countries arriving under the banner of the Belt and Road Initiative. …