NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Faces Downgrade By S&P Global Amid Concerns Over Disclosure And Assets Holdings
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Faces Downgrade By S&P Global Amid Concerns Over Disclosure And Assets Holdings

Dominica Dumps Digital; Drops The Bit Drop from its Schedule

NewsBTC
NewsBTC
Last Updated: October 7, 2020 11:34 am
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

It would appear that Dominica and bitcoin would have made a very cute couple, but apparently the pair is calling it off before even giving things a try.

The Bit Drop, an event to distribute bitcoin to approximately 70,000 residents in the small island nation of Dominica, has been tossed out the window.

The Bit Drop has been heavily advertised since August of last year.  Furthermore, the Caribbean has thus far had a mixed reaction when it comes to bitcoin integration.  Strong opposition has come from nations such as St. Kitts and Nevis, for example, which has sworn heavily against bitcoin usage and investment.

BTC Doomed in Dominica

The event was to set to take place on March 14th through a massive, countrywide party that would have featured educational booths, prize giveaways and even fire dancing and music.  If you ask me, it sounds like it would have been a lot of fun.  If anything it sounds like a great way for bitcoin enthusiasts to get their “freak on,” so why the sudden cancellation?

Apparently, “country-logistic logistical decisions” are to blame, according to The Bit Drop Organizing Committee.  Those in charge of the event are currently looking at other ways and methods to try and bring bitcoin fun to the country (as the event took well over a year of planning), but it may be a while before everything falls into place.

A spokesman for The Bit Drop states:

“We are still passionate about bringing Let the Bit Drop to fruition and hope that we will be able to re-instate this pioneering project in the future.”

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Comments 3

  1. Adam Byrne says:
    11 years ago

    Wrong flag. That is the flag of the Dominican Republic. The Commonwealth of Dominica is a completely different country.

    Reply
    • cohagen says:
      11 years ago

      You expect bitcoin geeks to know basic grade school stuff like international flags seriously? Boggles me that most can’t use a search engine or fact check.

      Reply
  2. cohagen says:
    11 years ago

    Because they saw this crypto farce for what it is a farce.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 3

  1. Adam Byrne says:
    11 years ago

    Wrong flag. That is the flag of the Dominican Republic. The Commonwealth of Dominica is a completely different country.

    Reply
    • cohagen says:
      11 years ago

      You expect bitcoin geeks to know basic grade school stuff like international flags seriously? Boggles me that most can’t use a search engine or fact check.

      Reply
  2. cohagen says:
    11 years ago

    Because they saw this crypto farce for what it is a farce.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

solana sol solusd

SOL Holds $140 Support as Upbit Hack Fails to Shake Solana Ecosystem

Solana (SOL) is showing remarkable resilience this week, holding firmly above the critical $140 support zone despite heightened market anxiety...

James Halver 2 hours ago
Bitcoin Coinbase Premium Still Negative: US Institutions Keep Selling Despite Easing Pressure

Bitcoin Coinbase Premium Still Negative: US Institutions Keep Selling Despite Easing Pressure

Bitcoin has pushed back above the $90,000 level after several days of intense selling pressure, bringing a brief moment of...

Sebastian Villafuerte 3 hours ago
best wallet mexc zalistování na krypto burze

Token BEST od Best Wallet zalistován na burze MEXC! Obchodujte od 28. listopadu

Po ohromně úspěšném ICO, které v předprodeji tokenu získalo 17,5 milionu dolarů, uvádí rychle rostoucí multichain peněženka Best Wallet tento...

Lenka Hanzlíková 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

BlackRock récupère 953 BTC et 15 722 ETH depuis Coinbase, signal majeur pour le marché.

BlackRock récupère 953 BTC et 15 722 ETH depuis Coinbase

guillaumev 31 minutes ago
XRP

Analyst Predicts XRP Price Will Hit $100 Before Bitcoin Hits $1 Million

Scott Matherson 1 hour ago
Carte EtherFi : 3 % de cashback et carte Visa non-custodial pour payer en crypto.

Carte EtherFi : 3 % de cashback et carte Visa non-custodial

guillaumev 1 hour ago

Premium Sponsors

Press Releases

  • ドージコイン 今後:1ドル到達の可能性は残るが、注目を集めるのは新しい仮想通貨

    ドージコイン...

    7 hours ago
  • リップル 今後:21SharesのXRP ETF「TOXR」が金曜に上場予定──XRPはついに3ドル突破なるか

    リップル 今後:21SharesのXRP...

    7 hours ago
  • 仮想通貨 プレセール:ムーンペイのNYライセンス取得で、次世代のL2とマイン型トークンが2026年上昇へ動き出す

    仮想通貨...

    8 hours ago
  • 仮想通貨 おすすめ:ヘイズ氏が語るビットコイン回復予測と注目される代替資産

    仮想通貨...

    8 hours ago
  • 新しい仮想通貨:バーチャル採掘リグを構築して$PEPEを獲得できる次世代型プレセール

    ...

    8 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.