BitCoin FuturesBitcoin futures going live today, then in another exchange on the 18th opens up more traditional investors to Blockchain exposure. This will potentially have a ripple effect on other crypto currencies as potential investors increase their understanding and realize the potential to be had in them.
While I don’t agree with Bashers, I do agree with different opinions in the board and Defaulter did raise some interesting points that (like it or not) many investors have concerns of, and will need to be be addressed by the company.
Candidly, I’ve also thought that CUV websites looked dated and there should be a way to consolidate them.
And I also have concerns over internet access.
That said, I also have confidence in CUV management to not only address these concerns but actively be working towards a solution. 20+ years in Cuba in the business sectors you get to know people. They would not be investing so much time, money and effort to a failing product.
My honest feel is that, because Steve and Co have an effective monopoly is Cuba they have not had to update sites and make them flashy and new, as they do not have competitors breathing down their necks to steal it from them.
Expedia, Priceline, Trivago, AirBNB, HomeAway and countless others have to stay one step ahead of their competion. We are our own competition so it probably has not been a priority for CUV.
There are also connections made with government officials. Does anyone think it’s a coincidence they are launching this just as Castro is potentially stepping down? Perhaps there will be simple rules gettin relaxed around internet access and some financial deregulation.
Even communists know how valuable tourism is to their economy, most of the time it is the only major influx of cash, why would they not want to maximize that revenue with a company they have worked with, who literally speak their language and have years of experience in their country.
Do your DD, listen to different points of view and make your own decision.
GLTA