It was in a media recently that an entity is perplexing to set adult a Bitcoin sell in Jamaica. we am bewildered that any Jamaican management would even shake hands with any proposer of this idiocy. we am therefore dumbfounded that, according to a emissary administrator of a Bank of Jamaica Livingstone Morrison,”We have had some exploratory discussions with them, articulate about a regulatory horizon and a routine that would have to be intent in sequence for them to secure capitulation so they can offer a service.” The Gleaner, Sep 18, 2016)
Bitcoin and a proponents are not to be recognised; they should be chased away. Cash Plus — injured as it was — had some-more merits than Bitcoin. And a fact that Bitcoin is being recognized is a thoughtfulness of a egghead inadequacies that now order countries and a globe.
What is Bitcoin? It is banking plain and simple. Any nation that allows a private citizen to emanate banking has mislaid a mind. What will a authorities do when Mary Jane decides to reintroduce shark teeth as currency? Or Dorlan H decides to emanate “Ginger Ridge Script” (copying a Colonial Script that was released in pre-revolutionary America)? Will a management say