After being a fugitive from the US government and on the FBI's most wanted list for a while, he settled with the US government just last week. All felony charges dropped. And now, he's going to be essentially promoting and advising the government of Antigua and Barbuda on technology. Especially bitcoin.

Thoughts?



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Kahn

This can't be real

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Quick google search shows that the primary source of this reporting is CalvinAyre.com, but the government contact on the press release is legit so who knows? Seems like it could be true and if so it's guaranteed to have a happy ending.

As a former resident of Antigua a long time ago, my take on this is, "good for him" and "good for Antigua & Barbuda".

The title is off-base, according to the local press, he is not "appointed to the government"; he has offered to help and they have accepted.

Antigua is a small island, but a sovereign nation that took on the US and won before the World Trade Organization. That said, the country got hosed by Allen Stanford, a con artist and ponzi-schemer.

The island is nice enough for tourism, but its economy is likely suffering from the decline of its gaming and its financial services industries. It makes sense for it to look at niche services, like crypto-currencies industries.

The development of such services will have a long row to hoe however, given the conservative tack its banking providers historically have shown against banking BTC businesses.

If Calvin can solve that banking issue, that would be great. If not, St. Kitts/Nevis is pretty damn close and Bitcoin Jesus (Roger Ver) has already planted a flag there.

Wow great input . How do these things work . Do they have connection and mention bitcoin at a party or for example can I just show up at some ministry and present ideas with bitcoin and get financed ?

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Not quite. I did not read anything about government funding of anything.

The official government press release's first line reads:

"The Government of Antigua and Barbuda announces the appointment of Mr Calvin Ayre as a Special Economic Envoy "


So yeah, maybe the title is a tad sensationalized, but it does appear that he is a legitimate A&B government "employee" if you will.

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Kahn

How does one get a job like that?

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Wow, US gov seized 67 million.

Calvin Ayre must be sitting on so many BTC....

I was wrong and stand corrected. Sounds good.

Just a rich man getting richer.

wife and i honeymooned in Antigua years ago and agree with above poster that country relies heavily on tourism. The all inclusive resorts hide the truth of the poverty stricken island

STOP !!!!!!


WAIT. I am very confused

Calvin Ayre tells regulators and others in US to eff off for years, openly takes billions of blatantly illegal bets from US citizens .

AND THEN SETTLES FOR A MISDEMEANOR ?

WTF ?

could someone with experience in these matters please chime in and explain.

Yes, that is exactly what happened. He paid a small fine, agreed not to pursue the $67 million they seized from international bank accounts belong to Bodog years ago (this was the real payoff), and they let him off with a misdemeanor and out of country probation for a year.

He even gets to buy back Bodog.com domain for $100,000


In the real world, money talks. Money makes things possible. Billionaires and oligarchs pretty much get to do what they want. It has always been this way, and likely won't be changing any time soon.

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Kahn

He's prolly friends with Trump

Ayre was indicted over five years ago, and all extradition efforts failed. What do you think the next move should have been?

Maybe he donated to the Clinton Foundation

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Kahn

I think you are a bit off, at least from my experience living on Antigua back in the day (2001 - 2002).

I can't address your experience with whatever all-inclusive resort you visited, but the rest of the island did not strike me as poverty stricken back then.

The government was heavily in debt, but not sure how much of that was owed to Allen Stanford or whether anyone stepped up to collect on it. https://en.wikipedia.org/wiki/Allen_Stanford

It seemed that employment was available if sought, the labor laws were pretty favorable, and employees came and went, picking up employment as needed.

(I've spent time in some truly impoverished places, Antigua was not one of them.)

I haven't been back in more than 7 years, so I do not know the current economic situation there.

Moved Full Flush/Equity derail here, where it belongs:

http://forumserver.twoplustwo.com/28...thread-1386646

I guess this is another reason to keep stashing bitcoin, well, good enough for me.

lol this post makes you look so ****ing dumb, just fyi

Yeah, signing posts looks pretty dumb.