The government of the twin-island nation has appointed the billionaire and bitcoin entrepreneur Calvin Ayre as the country’s Economic Envoy for Technology Development. Earlier this year local press reported that Mr. Ayre is assisting the Antigua & Barbuda Government in drafting legislation to ‘implement’ Bitcoin.
Mr. Ayre is the billionaire founder of online gambling platform and entertainment brand Bodog and has been a long-time bitcoin and blockchain proponent, aiming to build Bodog into a “mainstream 21st-century digital entertainment conglomerate.”
“Mr. Ayre will advise the Government on the effective implementation of new technological developments in cryptocurrency and Bitcoin which have been adopted by leading companies in the United States, Australia, Denmark, the Netherlands, Sweden, Canada, China, and the United Kingdom,” explains the government of Antigua and Barbuda’s Director-General of Communications.
The government of Antigua & Barbuda is very keen to make the twin island nation the pioneer in bitcoin and blockchain technology, using the same strategy that helped them move ahead of competing destinations in offshore banking and internet gaming in early 1990s.
“As it continues to diversify the economy and create new and high paying jobs for its people, the Government of Antigua and Barbuda looks forward to the contribution of Mr. Ayre’s technological companies,” the Director-General of Communications added.