DJ: DID YOU KNOW?
Over the years I have been a proponent of not following the narrative of Intel providers who are constantly forecasting start dates for the GCR/RV but rather focusing on the mechanisms that would be required to accomplish such a task.
After all we’re talking about a transformation of the global financial system and it is pretty much understood it would have to be digital.
The global financial system is on the cusp of a digital revolution, with digital currencies poised to redefine transactions, banking, and economic policies.
For digital currency to be widely adopted and seamlessly integrated, several mechanisms must be changed, enhanced, or created. If one looks, we can currently see these transitions in real time .
Keep in mind though there will always be a need for a percentage of physical currency to remain in circulation being crucial to ensuring economic stability and accessibility.
First and foremost, regulatory frameworks are being modernized. Governments and financial institutions are collaborating to establish comprehensive policies that govern digital currency use, ensuring security, transparency, and compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations. Without these clear guidelines, digital currency adoption could lead to financial instability or illicit activities.
The second critical enhancement involves the banking infrastructure. Traditional financial institutions have begun integrating blockchain technology and decentralized finance (DeFi) platforms into their operations.
This integration has required significant investment in technological upgrades, cybersecurity measures, and personnel training to ensure seamless transactions and fraud prevention. Central banks have begun to develop their own central bank digital currencies (CBDCs) to maintain monetary control and economic stability.
Another essential mechanism is digital payment infrastructure. Retailers, service providers, and consumers must have access to user-friendly and secure payment solutions that support digital currency transactions. We are seeing point-of-sale systems, mobile payment applications, and online banking platforms being upgraded to accept digital currencies alongside traditional money. Interoperability between various digital currencies and traditional banking systems are gaining widespread adoption.
Cybersecurity enhancements have been a priority. Digital currencies are vulnerable to hacking, fraud, and cyberattacks, necessitating new robust security protocols. Multi-factor authentication, biometric verification, and encryption technologies are now standard across all digital currency platforms to protect users from financial loss and data breaches.
Despite this shift toward digital transactions, maintaining a percentage of physical currency is essential. A completely cashless society risks excluding individuals without access to digital banking or technological literacy. Physical currency serves as a backup during system failures, cyberattacks, or economic crises, ensuring continued economic functionality.
Transitioning to a digital currency-driven financial system to ignite the GCR required these extensive regulatory, technological, and infrastructural advancements.
While digital currency offers efficiency, security, and innovation, a hybrid system that retains a percentage of physical cash will ensure inclusivity and resilience. Seeing these advancements and coordinated global efforts, is a strong indicator the GCR and financial transformation is within reach.
Learning how to swim is not the same thing as swimming. Diving into the deep prematurely. Probably not a good idea.
DJ
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Question: “Will Ramadan affect the timing of the exchange rate?” Are you asking me because Kuwait went through an RI during Ramadan? IMO that was just a coincidence…Let’s just say my friend [Firefly] has purchasing power...Do you think it would be wise for him to celebrate, to run out in the streets…during a religious event, wouldn’t it be rather sacrilegious for them to even consider? “I’m rich!” Or “I got purchasing power!” during a holy solemn time? …It sure as heck can happen during Ramadan but I don’t want you to think it’s going to happen because of Ramadan IMO…
Militia Man Article: “Gold prices will gain another 8% in 2025 to hit $3,100/oz – Goldman Sachs Research” As this article states that demand from Central Banks pushes the gold price up, Note that the “Country of Iraq” has purchased 20 tons of gold this year herself.. Why, Central Banks have a very good pulse on things. It is their job to know how to diversify when need be.
Fed Predicts Economic Crash, will Chaos Continue?
David Lin: 3-3-2025
Global markets are reeling after a dramatic downturn, fueled by growing concerns about the strength of the global economy and, some say, a tacit admission from the Federal Reserve that a recession is imminent. The sharp sell-off has left investors scrambling and questioning whether the current chaos will subside or snowball into a full-blown economic crisis.
To dissect the unfolding market turmoil and gain insights into what the future may hold, David Lin sat down with Jim Bianco, President of Bianco Research. The conversation, captured in a tense recording, painted a picture of a market grappling with uncertainty and an economy on shaky ground.
While the Fed hasn’t explicitly declared an impending crash, Bianco suggested their recent actions and pronouncements are speaking louder than words. Bianco also cautioned against overly optimistic assumptions about a quick rebound.
The current market situation is undeniably concerning. Whether it represents a temporary correction or the prelude to a deeper economic downturn remains to be seen. However, one thing is clear: investors need to exercise caution, stay informed, and be prepared to navigate a potentially turbulent road ahead.
https://www.youtube-nocookie.com/embed/vNjwBZI9LAw?feature=oembed&enablejsapi=1
Why the US GOV Must Revalue Gold (And Why It’s Terrifying)
Taylor Kenny: 3-4-2025
Why is gold being revalued? As central banks around the world are stockpiling gold at unprecedented levels, it’s becoming clear that the global financial system is undergoing profound changes.
For those of us who are concerned about the future of the US dollar, inflation, and economic collapse, understanding the true significance of gold revaluation is crucial.
https://www.youtube-nocookie.com/embed/-aU1A_9lDa0?feature=oembed&enablejsapi=1
