Goldilocks’ Comments and Global Economic News Monday Evening 12-4-23
Good Evening,
Things are beginning to heat up in the Forex Markets. Look for foreign currencies to begin lining themself up as they begin to establish their place in the new digital economy.
Programs are being rewritten at this time to establish new protocols and standards on local currencies instead of the use of the dollar as new trade agreements come into the forefront.
There may be a major development to keep people from watching this closely, so it is important for us all to stay awake.
Unless we get a nice surprise this month, don’t look for any major changes just yet. Benchmarks have been pushed out in the banking system, but they can be pulled right back in…
© Goldilocks
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“…the Bank of England is set to collaborate with international counterparts to ensure a coordinated and harmonized approach to stablecoin regulation. Recognizing the borderless nature of cryptocurrencies, such collaboration is deemed essential to prevent regulatory arbitrage and maintain the integrity of the global financial system. As part of this initiative, the Bank will also explore the possibility of developing a central bank digital currency (CBDC).”
Look for 2024 to be the year of integration for digital and paper currencies through Stablecoins and CBDC networks.
Tighter regulatory protocols will determine which digital networks will move forward in the transference of currency tokens that will represent foreign exchange opportunities.
The Protocol 20 vote on January 30th of 2024 will determine programmable prices on the digitization of currencies through tokenizing these assets and supporting them with gold.
© Goldilocks
TechStory Link
AltCoinBuzz Link
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Let’s take a good look at why Protocol 20 is so important. We’re moving into a time where programmable money is controlled by a Central Authority such as a Government or Financial Institution.
Digital money can be programmed to follow through with transactions when certain conditions are met.
Self-executing contracts known as smart contracts to secure both sides of a trade are capable of going through will be done through artificial intelligence. The self executing contracts are written into the code of a computer program to facilitate sequences moving digital money.
Programmable money includes CBDCs, Stablecoins, and digital versions of traditional assets that are Tokenized into a digital format.
When protocol 20 is voted and approved on January the 30th 2024. It will create a new starting point for digital tokenized asset values. It will synchronize banks and shipping ports with the markets at the push of a button. New monetary values will begin to form from these starting points in all sectors of the market including Forex.
These new standard protocols backed by gold, algorithmic demands, and other commodities will create global computations that will level the playing field. Everything will reset.
Watch the banks.
Watch the markets.
Watch the water.
Watch gold.
© Goldilocks
Financial Express Link
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12:20 am ET JUST IN: $41,000 Bitcoin
@WatcherGuru
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⚠️📈*THE IMF & CENTRAL BANKS JUST CONFIRMED RIPPLE/XRP & XRP WILL BE $1 BY EOY*📈⚠️
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Sovereign Gold Bonds (SGBs): A Lucrative Long-Term Investment with Tax Advantages
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10:20 am ET JUST IN: $42,000 Bitcoin
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BREAKING NEWS
THE BANK FOR INTERNATIONAL SETTLEMENTS IS WARNING THAT CENTRAL CLEARINGHOUSES THAT HOLD OVER $1 TRILLION IN LIQUID ASSETS MAY EXACERBATE PERIODS OF FINANCIAL STRESS
This does not seem good.
Read: https://x.com/goldtelegraph_/status/1731653617973916125?s=46
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JP Morgan is live on multi bank tokenized deposit platform Partior – Ledger Insights – blockchain for enterprise
https://www.ledgerinsights.com/jp-morgan-is-live-on-multi-bank-tokenized-deposit-platform-partior/
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