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https://warpcast.com/~/channel/oasis
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Gonna start a running thread of interesting quotes and thoughts from each panel. From the opening address: “We have an opportunity to impact the Bahamas from the bottom and the top with crypto” - @stefdelev Oasis is picking up the pieces in the wake of FTX and shining a light on the Bahamas 🇧🇸
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First panel of the day: Innovators in the Caribbean: Pioneering Lasting Change in New Markets They’ve got some heavy hitters on the panel from CeFi, to VC, to education and engineering. From the Bahamas, Trinidad, Guyana, and Barbados—true representation of the islands 🏝️
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Getting USD to the individual in the Caribbean is difficult but the most important priority. The basic need for access towards financial independence will be built by folks in the Caribbean 🤌🏿 - Mark Pereira & Kimberly Adams (Not quite a quote but the essential of what their work is / mission)
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While issues related to the capacity to build the right tech natively across the Caribbean, the Bahamas does have a forward thinking approach to pushing for crypto adoption and businesses. - Jillian Bethel
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“Ask for forgiveness, not permission.” - Kimberly Adams (in response to the above—there’s an opportunity here to make things shake. We just have to do it 🫣)
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“You need financial inclusion in order for this to work” @alysiatech in describing the general experience of the Caribbean being a cash dominant ecosystem and the challenges they face when dealing with digital banking and finance.
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Currently the Caribbean is tourist dominant but with crypto inclusion, artists (as an example) can be paid instantly from international vendors thereby enabling globalization for a region brimming with talent. - Alysia Huggins
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“We need to create a culture around investment and finance in the Caribbean” - Kimberly Adams “If it’s in our art, then it shifts the culture domestically” “It acts as a signal for locals but also international interest to say “oh we can invest here”” - Alysia
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Caribbean people love to give back, to the tune of $800m that is remitted to emerging markets. One of the issues is that a significant portion is siphoned from fees back to banks. But with a crypto protocol there’s arbitrage opportunities through remittance. Incentive from $ to come in and out ✨ - Mark Pereira
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