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originally posted by: nerbot
Any members here in Wyoming?
Anything happening near "Devil's Tower"?
Watch the skies, Watch the water.
“Our blueprint for a new class of platforms would enhance and ensure greater interoperability, efficiency, and safety in cross-border payments, as well as in domestic financial markets,” Adrian said in a speech given in Rabat, Morocco. “The cost, sluggishness, and opacity of cross-border payments comes from limited infrastructure.”
Earlier Monday, Managing Director Kristalina Georgieva said the IMF was "working hard" on a global infrastructure to enable different CBDCs to work with each other, according to Bloomberg.
The new system, also outlined in an IMF Fintech Note published Monday, could program payments without payees giving precious private information to intermediaries, and saving liquidity by letting contracts be pledged as collateral – without changing the fully fungible nature of money, Adrian said. Adrian first proposed the idea of a CBDC platform in September.
Crypto proponents often cite easier cross-border payments as a major benefit – but there’s plenty of competition against free-floating blockchain solutions being used for that purpose, not least as standard-setters don't want to undermine government controls. The Bank for International Settlements and private players such as SWIFT are both looking at options involving state-backed CBDCs.
In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of a future as the Internet itself. It could displace central banks, conventional banking, and challenge the monopoly of national monies.
In the long run, the technology itself can replace national monies, conventional financial intermediation, and even "puts a question mark on the fractional banking model we know today."
citizens may one day prefer virtual currencies, since they potentially offer the same cost and convenience as cash—no settlement risks, no clearing delays, no central registration, no intermediary to check accounts and identities. If privately issued virtual currencies remain risky and unstable, citizens may even call on central banks to provide digital forms of legal tender.
The Central African Republic (CAR) has been met with optimism from the International Monetary Fund (IMF) one year after it adopted Bitcoin (BTC) as a legal tender. The IMF’s positive stance is based on CAR’s economic prospects and the impact of embracing the crypto.
The CAR made history by becoming the second country, following El Salvador, to adopt Bitcoin as a legal tender. Despite being one of the world’s poorest nations, the CAR is leveraging the potential of Bitcoin to reshape its financial infrastructure and bolster its economic prospects
After the country approved Bitcoin as its legal tender, the CAR government wasted no time in kickstarting the integration of its digital currency. CAR President Faustin-Archange Touadera unveiled the Sango Project, signaling the country’s entry into the world of cryptocurrencies
While the country still faces liquidity risks and regulatory hurdles, the IMF’s positive assessment of the CAR’s economic prospects indicates that Bitcoin adoption is contributing to a positive outlook for the nation. As the CAR continues its efforts to integrate digital currencies into its financial ecosystem, it remains to be seen how this pioneering move will shape the country’s economic trajectory in the coming years.
originally posted by: G005E
originally posted by: nerbot
Any members here in Wyoming?
Anything happening near "Devil's Tower"?
Watch the skies, Watch the water.
I didn’t see anything recent related to devils tower (I’m also not in Wyoming lol)
But it is interesting that with such a name, it was designated as the first National Monument in the US
It also turns 117 this year….on September 24th
London-based enterprise blockchain solutions provider Quant has revealed its groundbreaking partnership with the Bank of England and the Bank for International Settlements (BIS) in their joint venture, the Rosalind project. The initiative aims to explore the potential of APIs for the development of CBDC systems.
Interestingly, Ripple, another prominent player in the cryptocurrency sphere, previously collaborated with the Bank of England on a CBDC project centered on the digital pound. Adding to this, it was recently disclosed that Ripple forged a partnership with the central bank of Colombia to explore the prospects of a digital national currency.
These two significant developments offer valuable insights. First, the global momentum behind CBDCs continues to gain traction, affirming growing interest in this transformative technology. Second, competition within the CBDC solutions sector, particularly between Quant and Ripple, is set to intensify further.
The Central Bank of Colombia (Banco de la República) has announced that it will launch a pilot project to test the feasibility and benefits of issuing a central bank digital currency (CBDC) using Ripple’s XRP ledger. The pilot project is part of the bank’s digital transformation strategy and aims to explore the potential of CBDC as a tool for enhancing financial inclusion, efficiency and innovation in the country.
New blockchain-based security products are emerging in Hong Kong, offering investors a variety of ways to tap into the city’s growing Web3 industry in areas that are distinct from virtual assets like cryptocurrencies.
With the announcement last week of a blockchain-based structured note from UBS and the Bank of China’s Hong Kong-based investment arm, the city now has its first private security product on a public blockchain since launching a new crypto licensing regime. It joins a government-backed green bond announced in February that is being offered on a private blockchain platform from Goldman Sachs. The products reflect interest in growing Hong Kong’s Web3 industry beyond just cryptocurrencies, which have been the focus of new regulations.
In its bid to become a crypto hub, Hong Kong put into effect this month new rules on virtual assets that require exchanges to be licensed and limit retail investors to buying tokens with large market capitalisations, like bitcoin and ether. Importantly, though, securities and futures contracts are excluded from the city’s definition of such assets.
Zetrix, Malaysia’s public blockchain platform developer, and the country’s leading research university, Universiti Malaya (UM), will be joining forces with the China Academy of Information and Communications Technology (CAICT) on implementing AI technology that can improve trade transactions.
Initiated by China’s Ministry of Science and Technology, the purpose of the collaboration is to foster research partnerships between the Chinese and other governments. Malaysia is among 14 nations participating in the program.
Our partnership with UM and CAICT continues to be instrumental in our journey towards leveraging 4th Industrial Revolution technologies to transform cross-border trade and settlement.
China and Malaysia have been stepping up cooperation in various areas. In early April, Malaysian Prime Minister Anwar Ibrahim unveiled that Beijing is ready to discuss Kuala Lumpur’s proposal for the establishment of an Asian Monetary Fund.
originally posted by: socialmediaclown
a reply to: nugget1
Disgusting but true, Podesta is still politically active and in charge of Biden's 370 billion dollar pet project. Since it seems no one has the 🏀 s to take these people on, it looks like they'll have the honor of transitioning us to our green new future. The only green these people have ever cared about is 💰
A former employee at the Harvard Medical School morgue has been charged with selling human remains from donated bodies and allowing buyers to choose which parts they wanted, according to federal prosecutors.
The morgue’s manager, Cedric Lodge, was part of a massive nationwide network that bought and sold human remains stolen from the university’s medical school. From 2018 to 2022, Lodge and his wife, Denise Lodge, stole the corpses, removed parts such as the head, brain, skin, and bones, and sold them to their accomplices. They would also allow their buyers to come into the morgue and pick whichever parts they had their eye on.
Chase reviewed its ties to Jeffrey Epstein in 2019 and found that he had regularly given business advice to onetime JPMorgan executive Jes Staley and invited him to meetings with senior officials in foreign governments
James E. Staley, the former top JPMorgan Chase executive who was closest to the disgraced financier Jeffrey Epstein at the bank, relied on him for many years as almost something of a personal adviser, a document shows.
The two men discussed a wide variety of topics in emails, including a potential meeting between Chinese officials and executives of the nation’s largest bank, business deals that Mr. Staley was working on, a potential promotion for Mr. Staley and the fallout from the 2008 financial crisis, according to a document the bank prepared shortly after Mr. Epstein’s arrest in 2019 on federal sex-trafficking charges.
In one email, Mr. Staley bragged to Mr. Epstein about his New Year’s Eve 2011 plans: “I’m here in Brazil with three beautiful women. Have a happy new year.”
In another email exchange, according to the document, Mr. Staley wrote to Mr. Epstein in 2010: “Maybe they’re tracking u?? That was fun. Say hi to Snow White.” Mr. Epstein replied, “What character would you like next.” In 2009, Mr. Epstein sent Mr. Staley an email with a photo attachment “of a young woman wearing a revealing outfit in a modeling pose,” the document said.
the red trillium is sometimes known as the Wakerobin because it blooms when the first robins make their appearance.
It suffices to say that, in thousands of experiments, Kaznacheyev demonstrated that almost any kind of cellular death and disease pattern could be electromagnetically transmitted.
Q !!mG7VJxZNCI ID: 310b06 No.5523617 📁
Mar 5 2019 16:26:29 (EST)
twitter.com...📁
Listen carefully ref re: proof v evidence.
[D] party con.
Define 'evidence'.
noun
1. the available body of facts or information indicating whether a belief or proposition is true or valid.
"the study finds little evidence of overt discrimination"
synonyms: [proof], confirmation, verification, substantiation, corroboration, affirmation, authentication, attestation, documentation; Define 'proof'.
noun
1. [evidence] or argument establishing or helping to establish a fact or the truth of a statement.
"you will be asked to give proof of your identity"
synonyms: evidence, verification, corroboration, authentication, confirmation, certification, validation, attestation, demonstration, substantiation, witness, testament;
PROOF = EVIDENCE?
Listen to the clip again re: proof & evidence.
Define 'brainwashing'.
The TRUTH is RIGHT IN FRONT OF YOU.
Think for yourself!
Q
originally posted by: G005E
Weird news morning.
Federal charges filed against Hunter for gun and taxes. (He will plead guilty to 3 charges)
Hunter Biden, the son of President Joe Biden, has agreed to plead guilty to a pair of tax-related misdemeanors as part of a deal that would potentially end a politically fraught and yearslong probe into his personal and professional life, according to court documents filed Tuesday.
Under an agreement negotiated with the U.S. attorney's office in Delaware, the younger Biden, 53, will acknowledge his failure to pay taxes on income he received in 2017 and 2018. In exchange, prosecutors will recommend probation, meaning he will likely avoid prison time.
The agreement also includes what is known as a pretrial diversion for one felony count related to illegal possession of a firearm, which would not require Hunter Biden to submit a plea on that charge and stipulates that prosecutors would agree to drop it if he adheres to certain terms over a specified period of time.
If a federal judge accepts the deal, Tuesday's development would mark the conclusion of an investigation that has dogged not only Hunter Biden, but also his father, whose political foes have latched onto the younger Biden's overseas business dealings to level allegations depicting the entire Biden family as corrupt.
If a federal judge accepts the deal, Tuesday's development would mark the conclusion of an investigation that has dogged not only Hunter Biden, but also his father, whose political foes have latched onto the younger Biden's overseas business dealings to level allegations depicting the entire Biden family as corrupt.