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    Minister Humphreys' closing speech in the Second Reading of the AE Bill in the Dáil

    Deputy Connolly mentioned the alternative AE proposal that came forward. I arranged an in-depth consideration of this proposal. My officials and the independent body, the Pensions Council, looked closely at it. I know the proposal sounds great. It would supposedly double the investment returns...
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    What should someone who has made millions from BTC do?

    The Duchess is currently engrossed in an online discussion called FatFIRE. It is about folk who have so much money they don't know what to do with it. One guy claims to have made €13m on bitcoin; they are all telling him to cash in; I don't think he is listening - now that is faith.
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    Richard Bruton's contribution to the Second Reading on AE in the Dail

    I agree that it doesn't seem to gel in parts but I think it is much better informed than it appears at first sight. Take the following description of how it works: It is the reference to "units" that was a cause of confusion for me. I interpreted this as meaning contributions would buy...
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    What should someone who has made millions from BTC do?

    It is out of order for the plebs to ask their aristocratic superiors their age? But no, you are confusing me with The Donald. But there is a serious point here. It is typical for supposedly respectable houses who are peddling crypto, most recently in ETFs, to spout hubristic nonsense about how...
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    Richard Bruton's contribution to the Second Reading on AE in the Dail

    These are very valid questions and Colm has accepted that there would need to be continual oversight by a truly independent and multi-disciplinary panel of experts. This is what Dr Fitzgerald (the independent expert) says: (My emphasis,) There is clearly a need for further investigation...
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    What should someone who has made millions from BTC do?

    City of Troy is even money for the 2000 Guineas in two weeks' time - I do fancy it and I'm thinking of investing 10% of my humble nest egg on it. Do people think that that would be "relatively harmless"?
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    Richard Bruton's contribution to the Second Reading on AE in the Dail

    Wow! More power to Richard. He seems to have actually read the independent evaluation of Colm's proposal despite the almost totally successful efforts of the Pension Council to bury it.
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    Richard Bruton's contribution to the Second Reading on AE in the Dail

    Richard Bruton: The question of whether it makes sense to have the pension fund split into individual pension accounts with their own risk management profiles and investment strategies has been raised. I am quite persuaded by the argument that, for a fund like that proposed, which is to be...
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    Pensions Council Rejection Report on Colm Fagan's AE Proposal has disappeared from PC's website

    I spotted that myself. They took down the reports but strangely left the below link suggesting it is still there. Link to nothing!
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    Gosh! Back on the pitch!
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    I would never accuse anybody of lying. Fantasists actually believe their fantasies. I suppose taking the ball off the pitch is another quirky behaviour of fantasists. I would be wary about sharing my email with a fantasist.
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    Do you have a better idea of what I was talking about? If I had made millions out of bitcoin, somehow I just don't see myself bragging about it or getting all defensive on its behalf.
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    Chill out gal! Walter would certainly have made millions out of bitcoin.
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    Like you I genuinely wanted to know what these new "use" cases were and expected to hear of some big legal breakthroughs in the use of smart contracts or whatever. Instead we get a clip reminding us that bitcoin is "non-sovereign, hard cap supply, global, immutable, decentralised, digital store...
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    Should I close my investment fund and lose units built to switch to a lower cost fund?

    I was more thinking of bank structured products, say 5 years. To give them parity with insurance companies they only had to pay DIRT annually on the extent of the 5 year guarantee. I am not sure what the DIRT position is on a deposit which says "trust me, I will give you a good rate but I can't...
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