You are viewing a single comment's thread from:

RE: The less known story of the Caribbean and financial disaster looming after this Hurricane season...

Investing sizable amounts of government funds in any Caribbean nations is a very tricky proposition. Given the effects of climate change on the oceans and frequency of natural disasters, why would any of the Western powers plow money into the region? Never mind loss of funds due to corruption and graft, all it take is one hurricane like Irma/Maria, and it all goes down the toilet.

I think the only way these nations can prosper is to slowly start integrating cryptos. The bank and IMF loans would slow down as the population starts benefiting from the strong purchasing power of deflationary crypto.

Sort:  

Good one "I think the only way these nations can prosper is to slowly start integrating crypto"...only Cuba has a legal Status on Bitcoin other islands don't really has it under any classification but Central banks in Barbados and Aruba has started discussion more focusing on blockchain...it may be alive before they integrate these policies when you owe so many debt, your creditors dictate your policies

Coin Marketplace

STEEM 0.20
TRX 0.15
JST 0.030
BTC 65809.66
ETH 2680.91
USDT 1.00
SBD 2.95