More News, Rumors and Opinions Saturday PM 3-8-2025
KTFA:
Clare: Iraq extradites suspects in 'theft of the century' from Kuwait
3/8/2025
The Iraqi Integrity Commission announced on Saturday the extradition of two of the accused in the case of stealing tax deposits, known in the media as the "theft of the century", from the authorities in the State of Kuwait.
The Authority stated in a statement today that it was able to recover the managing director of a private company for general trade and contracting limited and his agent accused in the case of stealing tax deposits, noting that their role in the case was to receive very large sums of money in order to facilitate the procedures for disbursing the stolen deposits.
KTFA:
Clare: Iraq extradites suspects in 'theft of the century' from Kuwait
3/8/2025
The Iraqi Integrity Commission announced on Saturday the extradition of two of the accused in the case of stealing tax deposits, known in the media as the "theft of the century", from the authorities in the State of Kuwait.
The Authority stated in a statement today that it was able to recover the managing director of a private company for general trade and contracting limited and his agent accused in the case of stealing tax deposits, noting that their role in the case was to receive very large sums of money in order to facilitate the procedures for disbursing the stolen deposits.
The Authority noted its procedures that resulted in the extradition of the accused, which consisted of organizing an extradition file against them and sending it to the Public Prosecution Office, explaining that after follow-up and coordination with the relevant authorities, including the Arab and International Police Directorate at the Ministry of Interior and the efforts of the Iraqi Embassy in the State of Kuwait, an international red notice and search warrant were issued against the accused.
She pointed out that they were arrested in the State of Kuwait, which handed them over to the Republic of Iraq through diplomatic channels.
She pointed out that the judge of the Second Karkh Investigation Court had previously issued an arrest warrant against the accused, based on the provisions of Article (11/444) of the Penal Code, after reviewing the testimony of some of the accused in the case and the witnesses.
At the end of 2024, the Iraqi judiciary issued an in absentia prison sentence for a number of defendants accused of stealing tax deposits, known in the media as the “theft of the century,” including the first defendant, Nour Zuhair, and a former MP.
According to a judicial source, who spoke to Shafaq News Agency, "The Karkh Criminal Court for Combating Corruption settled the cases related to the theft of (tax deposits), and issued sentences of ten years in prison against the accused Nour Zuhair, six years in prison against the accused Raed Juhi, and a number of employees who participated in the crime, and three years in prison against the former member of the House of Representatives, Haitham Al-Jubouri."
In 2022, it was announced that more than 3 trillion Iraqi dinars ($2.5 billion) had been lost from tax deposits, through a coalition of 5 oil companies using fictitious bonds.
Following this, an order was issued to summon officials close to former Prime Minister Mustafa Al-Kadhimi, including Finance Minister Ali Allawi, the Director of the Prime Minister’s Office, Raed Juhi, and others.
On October 24, 2022, Nour Zuhair was arrested, as he heads the board of directors of one of the companies involved in the case, and was later released on bail, after Prime Minister Mohammed Shia al-Sudani announced the recovery of 5% of the amount, in exchange for Nour Zuhair’s pledge to hand over all the stolen amounts within days.
The Anti-Corruption Court set August 14, 2024 as the date for Nour Zuhair’s trial, but the trial was postponed several times due to the defendant’s absence. LINK
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Clare: Al-Alaq: We will witness a comprehensive digital transformation in the financial sector
3/8/2025 Baghdad
The Governor of the Central Bank, Ali Al-Alaq, announced on Saturday that banks are close to being converted into smart platforms using artificial intelligence, noting that Iraq will witness a comprehensive digital transformation in the financial sector.
Al-Alaq said in a statement reported by the official news agency, and reviewed by "Al-Eqtisad News", that "despite the great strides that have been made to activate electronic payment methods, which are a fundamental step in the digital transformation, we will soon put this stage behind us, because even the current electronic payment methods and tools are being changed and developed very quickly."
He pointed out that "soon we will notice a big difference in the tasks and functions of banks, and we will see many banks changing the nature of their work, and there will be a digital financial identity for every citizen through which he can conduct many operations in his accounts or check his balances or even invest inside and outside Iraq," stressing that "banks will soon turn into smart platforms that organize financial operations and benefit from technologies and artificial intelligence."
He added that "this great work is accompanied by the work of the Central Bank, like other central banks, in thinking about having a digital currency under the supervision of the Central Bank. We are not talking about encrypted currencies that are outside the framework of central banks, but rather about a digital currency issued by the Central Bank, and this is a major work being done in the Central Bank in coordination with international and Arab organizations and specialized bodies, and directly with the Arab Monetary Fund."
He continued: "We believe that this trend will be the one that will be imposed in the near future, and this represents solutions to major economic, financial and social problems, and will also establish a strict framework for monitoring funds and limiting corruption, money laundering and financing terrorism, because all financial movements will be within a strict and transparent system that can monitor all financial operations, and at the same time facilitates its holders to conduct extensive operations even in other countries of the world."
He added: "We expect that young people will benefit, through the tools and human resources that we have, from these tools. Indeed, we are following that many young people are investing through these portfolios and tools in various fields outside Iraq, but some need to be careful and cautious because there is a lot of fraud that occurs, and we are working to prevent citizens from falling victim to any fraud." LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Question: "What do you mean by 'Budget tables'? Budget table is where the exchange rate is at that will fund the budget...They're being kept quiet, very private right now because it protects the new exchange rate from the evil that has always stolen.
MarkZ [via PDK] In Iraq: “Parliamentarian: Budget tables have not reached the finance committee so far” We are all wondering why? There is one very obvious answer to this question. It may have a rate change in it. I am hearing from contacts in Iraq-they continue to delay until they are allowed to release …because there will be rates in there. I hope it is accurate and it makes a lot of sense.
In 90 days, this idea will outweigh silver, and the Iraqi Dinar
Economic Ninja: 3-8-2025
CBI Makes Two Announcements: Gold | Digital Currency
Edu Matrix: 3-8-2025
In this compelling video, we dive into the Central Bank of Iraq's astonishing 45.1% increase in gold reserves in Q4 2024, a surge that could have worked wonders for your investments! Discover how investing in gold—even as little as $10 a month—can shield you from economic uncertainties.
We’ll also explore the implications of the recent trends in Iraq's banking system and digital payment advancements. Is now the time to invest in gold?
What insights can we draw from the Netflix movie "Leave the World Behind"?
The Controlled Demolition of the US Dollar’s Reserve Status
The Controlled Demolition of the US Dollar’s Reserve Status [Podcast]
Notes From the Field By James Hickman (Simon Black) March 5, 2025
Even during the darkest moments of the Biden administration—the shameful withdrawal from Afghanistan, 9% inflation, bureaucrats hell-bent on destroying the economy—I still said America’s problems were fixable.
But I didn’t see any hope in the previous administration or a prospective Kamala administration to fix things and only expected them to grow worse.
The Controlled Demolition of the US Dollar’s Reserve Status [Podcast]
Notes From the Field By James Hickman (Simon Black) March 5, 2025
Even during the darkest moments of the Biden administration—the shameful withdrawal from Afghanistan, 9% inflation, bureaucrats hell-bent on destroying the economy—I still said America’s problems were fixable.
But I didn’t see any hope in the previous administration or a prospective Kamala administration to fix things and only expected them to grow worse.
We’re now a month and a half into a new administration, and it’s fair to say some things are going very well. There are others that, depending on your view, are not.
One big concern I have is that no one is interested in reforming Social Security—a massive entitlement program whose own trustees say will run out of money over the next several years. This is a gargantuan financial crisis in the making, a ticking time bomb that no one wants to touch.
Depending on your priorities, foreign relations are also on the list of concerns.
If you're more isolationist, you might think that the unwinding of relationships and alliances is no big deal—that the world needs America more than America needs the world.
But there are consequences to that...
$28 trillion of US government debt is coming due over the next four years, and a lot of that is owned by foreign governments and central banks.
The Treasury Department needs these players to go along and reinvest—not only in America but specifically in US government bonds.
And if relationships are too fractured, they might not be willing to do that.
That could create an enormous fiscal crisis that would most likely result in a lot of inflation.
It also puts into question the US dollar’s status as the global reserve currency, which it has enjoyed for more than 80 years.
The reality, however, is that while the short-term consequences of losing reserve status could be profound, in the long term, reserve currency status is not a requirement for economic prosperity.
There are plenty of countries around the world—Taiwan, Singapore, Switzerland, etc.—that are prosperous nations and do not have the global reserve currency.
In some respects, reserve status is a huge benefit, but also a bit of a handcuff.
In today’s podcast episode, we explore what we call the “controlled demolition” of America’s reserve status—a way for America to potentially remain powerful yet lose that reserve status.
That could be the outcome over the next four years.
And today, we discuss the paths and consequences of that scenario.
Spoiler Alert: It’s probably good for gold, and possibly crypto too.
Click here to listen in to today’s episode.
(For the audio-only version, check out our online post here.)
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
The U.S. Needs a Real Gold Audit: Jan Nieuwenhuijs
The U.S. Needs a Real Gold Audit: Jan Nieuwenhuijs
Palisades Gold Radio: 3-7-2025
Tom welcomes back Jan Nieuwenhuijs to explore the dynamics of the global gold market and its implications for global monetary systems.
Key topics include the movement of gold from London to Comex, driven by concerns over tariffs and geopolitical shifts. Jan explains that this flow reflects both physical arbitrage and strategic reshuffling of gold reserves, with banks moving gold into the U.S. for potential future use or resale in Asia.
The discussion also delves into the lack of transparency around U.S. gold audits, particularly at Fort Knox.
The U.S. Needs a Real Gold Audit: Jan Nieuwenhuijs
Palisades Gold Radio: 3-7-2025
Tom welcomes back Jan Nieuwenhuijs to explore the dynamics of the global gold market and its implications for global monetary systems.
Key topics include the movement of gold from London to Comex, driven by concerns over tariffs and geopolitical shifts. Jan explains that this flow reflects both physical arbitrage and strategic reshuffling of gold reserves, with banks moving gold into the U.S. for potential future use or resale in Asia.
The discussion also delves into the lack of transparency around U.S. gold audits, particularly at Fort Knox.
Jan highlights issues with the auditing process, noting that compartments have been reopened multiple times without proper justification, raising questions about the integrity of the audits.
He argues for an independent audit to ensure accountability and reassurance regarding the nation's gold holdings. Another significant point is the valuation of U.S. gold reserves at $42 per ounce, a relic from the Bretton Woods era aimed at demonetizing gold.
Jan suggests that revaluing gold could unlock substantial funds but warns this would be inflationary.
He also touches on the role of gold in China's financial strategy, noting that while official reports understate their purchases, they are actively accumulating gold to diversify away from the dollar.
Lastly, Jan concludes with the importance of tracking central bank gold buying and developments in alternative payment systems like the BRICS mBridge, which could challenge the dollar's dominance.
Time Stamp References:
0:00 - Introduction
0:54 - Tariffs & LBMA Flows
5:30 - Gold Demand & Lease Rates
9:01 - Import Code Changes
10:30 - U.S. Gold Reserve Audits
20:14 - Time Req'd to Audit
21:37 - Encumbrance Concerns
24:35 - $42 U.S. Gold Valuation
26:36 - U.S. Dollar Vs. Gold
29:09 - Revaluing & Funding
32:10 - Sovereign Wealth Fund?
33:25 - Uncertainties & Credit
37:50 - Deleveraging & Dollar
41:00 - Eastern Perspective
44:32 - China's Gold Holdings
46:30 - Gold & Dollar Flight
49:49 - Concluding Thoughts
51:30 - Wrap Up
Is the Gold Gone? Did the U.S. Treasury Lease it? This Would Break the System
Is the Gold Gone? Did the U.S. Treasury Lease it? This Would Break the System
Daniela Cambone: 3-7-2025
Gold never settles. You just roll it over and roll it over,” says Jim Rickards, New York Times best-selling author.
He tells Daniela Cambone that there isn’t enough physical gold to accommodate the paper gold transactions, which can be leased to numerous parties in a chain called “sales of unallocated gold.”
“I own it on paper, but there's no physical gold behind the contract,” he explains.
Is the Gold Gone? Did the U.S. Treasury Lease it? This Would Break the System
Daniela Cambone: 3-7-2025
Gold never settles. You just roll it over and roll it over,” says Jim Rickards, New York Times best-selling author.
He tells Daniela Cambone that there isn’t enough physical gold to accommodate the paper gold transactions, which can be leased to numerous parties in a chain called “sales of unallocated gold.”
“I own it on paper, but there's no physical gold behind the contract,” he explains.
However, he warns that if there were ever a run on the paper market, it would “break the market,” resulting in gold “quadruple almost overnight.”
His primary concern revolves around the disparity between the vast amounts of paper gold traded and the limited supply of physical gold to back it up. He describes a system of “sales of unallocated gold,” where the same physical gold is leased to numerous parties, creating a chain of ownership that exists only on paper.
The core of the problem lies in the leverage inherent in the paper gold market. Institutions can sell gold they don’t possess, creating a synthetic supply that far exceeds the reality. This artificial supply keeps the price artificially suppressed. However, if trust erodes and investors lose confidence in the system’s ability to deliver physical gold, the scramble to secure actual bullion will trigger a price surge unlike anything we’ve seen before.
Rickards’ warning serves as a stark reminder of the potential risks associated with solely relying on paper gold investments. While he doesn’t explicitly advocate for any specific action in this article, his overall message emphasizes the importance of understanding the intricacies of the gold market and taking steps to protect one’s wealth.
The interview with Daniela Cambone provides deeper insights into potential strategies for mitigating the risks highlighted by Rickards. He suggests considering the benefits of holding physical gold, stored securely and accessible in times of market turmoil.
Jim Rickards’ cautionary tale underscores the potential fragility of the paper gold market. The discrepancy between paper claims and physical gold reserves poses a significant risk, and a rush for physical delivery could trigger a dramatic price spike.
While predicting the exact timing is impossible, understanding the dynamics of the market and taking appropriate measures to safeguard your gold holdings could prove crucial in navigating the turbulent times ahead.
The full interview on ITM Trading provides valuable information for those seeking to understand and protect their investments in the face of potential market instability.
00:00 Tariffs
3:45 Fentanyl issue
7:07 Gold
12:43 Gold run
19:33 Gold buyers
24:23 Zelensky/Trump clash
28:29 World War III
31:13 Gold trajectory
Seeds of Wisdom RV and Economic Updates Saturday Morning 3-08-25
Good Morning Dinar Recaps,
THE EMERGENCE OF LAYER-TWO SOLUTIONS – HOW THEY’RE TRANSFORMING BLOCKCHAIN SCALABILITY AND USHERING IN A NEW ERA OF CRYPTO INNOVATION
In the ever-evolving world of blockchain technology, scalability has been one of the most significant challenges.
As blockchain networks like Ethereum (ETH) continue to see exponential growth, layer-two solutions are emerging as a vital component in addressing issues of network congestion and high transaction fees.
Good Morning Dinar Recaps,
THE EMERGENCE OF LAYER-TWO SOLUTIONS – HOW THEY’RE TRANSFORMING BLOCKCHAIN SCALABILITY AND USHERING IN A NEW ERA OF CRYPTO INNOVATION
In the ever-evolving world of blockchain technology, scalability has been one of the most significant challenges.
As blockchain networks like Ethereum (ETH) continue to see exponential growth, layer-two solutions are emerging as a vital component in addressing issues of network congestion and high transaction fees.
In this post, we’ll dive into the latest developments in layer-two technology, its impact on blockchain scalability and how it’s paving the way for a more efficient and sustainable future for DeFi (decentralized finance) and beyond.
Understanding layer-two solutions
Blockchain networks like Bitcoin (BTC) and Ethereum have often been criticized for their limited transaction throughput and scalability.
Layer-two solutions aim to solve this problem by providing a secondary framework that operates on top of the main blockchain (layer one), allowing for faster, cheaper and more scalable transactions.
There are different types of layer-two solutions, including the following.
▪State channels – These allow two parties to transact off-chain and only settle the final state on the blockchain, reducing congestion.
▪Rollups – Rollups bundle multiple transactions into one, significantly improving transaction speed and lowering fees.
▪Plasma and optimistic rollups – Plasma offers a framework for building scalable applications, while optimistic rollups enable faster execution by assuming transactions are valid until proven otherwise.
Layer-two in action – Ethereum’s road to scalability
Ethereum – one of the most popular blockchain networks – has been at the forefront of layer-two innovation.
The Ethereum network has struggled with high gas fees and slow transaction times due to its PoW (proof-of-work) consensus mechanism.
However, Ethereum 2.0 and the integration of layer-two solutions, such as Optimism (OP) and Arbitrum (ARB), have shown tremendous promise in scaling Ethereum without compromising security.
These layer-two solutions are helping to reduce Ethereum’s gas fees by processing transactions off-chain and only committing essential data to the Ethereum mainnet, making Ethereum more accessible to users across the globe.
In fact, as Ethereum embraces a hybrid model of layer-one and layer-two, it’s enabling DApps (decentralized applications) to run more efficiently and cost-effectively.
Recent updates – Layer-two adoption in the real world
▪Polygon’s expanding ecosystem – Polygon (MATIC), one of the most notable layer-two platforms on Ethereum, has recently seen explosive growth. With major projects like Aave (AAVE), Decentraland (MANA) and even Starbucks utilizing Polygon to enhance scalability and reduce fees, it’s clear that layer-two solutions are becoming an integral part of the DeFi and non-fungible token (NFT) ecosystem.
▪Arbitrum’s airdrop and rise in popularity – Arbitrum’s recent airdrop was one of the most highly anticipated events in the crypto space. This optimistic rollup solution has gained substantial traction for its low-cost transactions and high throughput, making it a go-to choice for developers and users in the Ethereum ecosystem.
▪Solana’s layer-two integration – While Solana (SOL) is a layer-one blockchain known for its high-speed and low-cost transactions, it has also been exploring layer-two solutions to enhance its ecosystem further. With the introduction of layer-two protocols like zk-Rollups, Solana is continuing its push to become a global blockchain platform.
Why layer-two is the key to unlocking crypto’s potential
Layer-two solutions are set to play a critical role in driving the mass adoption of blockchain technology.
By reducing transaction costs, improving transaction speed and minimizing network congestion, layer-two platforms are making DeFi, gaming and NFTs more accessible to the broader population.
In addition to scalability, layer-two solutions offer enhanced privacy and security.
As blockchain adoption grows, and more people enter the world of DeFi and crypto, layer-two will continue to bridge the gap between traditional financial systems and the decentralized world, ensuring that blockchain technology can scale for years to come.
The road ahead – A fully scalable blockchain ecosystem
As blockchain technology continues to evolve, it’s clear that layer-two solutions are not just a temporary fix but a long-term solution for scalability.
The next phase of blockchain innovation will involve further integration of layer-two solutions across multiple blockchain ecosystems, leading to faster, cheaper and more efficient DApps.
In the coming years, we can expect even more innovative layer-two protocols to emerge, offering a range of functionalities from secure cross-chain interoperability to privacy-preserving technologies.
These developments will play a pivotal role in shaping the future of DeFi, NFTs and beyond.
Conclusion
Layer-two solutions are a game changer for the blockchain industry. As Ethereum, Polygon and other layer-one blockchains integrate these technologies, we’re seeing real-world applications for DeFi, NFTs and DApps thrive.
By tackling scalability and reducing transaction costs, layer-two is helping bring blockchain into the mainstream.
For investors, developers and blockchain enthusiasts, keeping an eye on layer-two’s development is crucial to understanding where the future of crypto and blockchain innovation is headed.
@ Newshounds News™
Source: DailyHodl
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U.S. BANKS CAN NOW OFFER CRYPTO SERVICES WITHOUT OCC APPROVAL
▪The OCC now allows federally regulated banks to engage in crypto activities (custody, stablecoins, nodes) without prior approval.
▪This reverses previous stricter guidance and removes regulatory warnings against bank involvement in crypto.
▪The move, coinciding with a White House crypto summit and Trump's executive order, signals a shift towards less restrictive crypto regulation.
For years, U.S. banks wanting to engage with cryptocurrency faced regulatory roadblocks. But that’s changing. In a major shift, the regulator overseeing national banks has now made it clear: federally regulated banks can offer crypto services without needing prior approval.
This decision could open the doors for more banks to enter the crypto space, making digital assets more accessible than ever. But what led to this policy change?
Let’s break it down.
Crypto Custody and Stablecoins Get the Greenlight
The OCC clarified in a new interpretive letter that national banks and federal savings associations are allowed to offer crypto custody services, manage stablecoin activities, and even operate blockchain nodes.
“The OCC expects banks to have the same strong risk management controls in place to support novel bank activities as they do for traditional ones,” said Acting Comptroller of the Currency Rodney E. Hood.
This move is expected to ease pressure on banks involved in crypto, ensuring that these activities are treated consistently, regardless of the technology used.
OCC Reverses Biden-Era Crypto Restrictions
Alongside this decision, the OCC withdrew previous guidance from President Joe Biden’s administration that had imposed extra steps for banks wanting to engage in crypto. Earlier rules required banks to notify regulators, explain their risk management plans, and obtain approval before offering crypto services.
The OCC also revoked past warnings from U.S. regulators that had discouraged banks from dealing with crypto. A 2023 statement did not ban crypto activities outright but cautioned that the sector is highly volatile and would face strict oversight.
While the crypto industry welcomed the OCC’s new stance, some remain cautious. Custodia Bank CEO Caitlin Long tweeted on March 7 that “Operation Chokepoint 2.0 isn’t over” until the U.S. Federal Reserve and the FDIC also lift their anti-crypto policies.
It’s the Crypto Era Now
The announcement came on the same day as a major development from the White House. President Donald Trump signed an executive order creating a strategic reserve for Bitcoin and other cryptocurrencies.
At the White House Crypto Summit, Trump declared he was “ending Operation Chokepoint 2.0,” accusing the program of unfairly pressuring banks to cut off crypto businesses and block transfers to exchanges. He claimed the crackdown was politically motivated and was being lifted for votes rather than the right reasons.
With the OCC easing restrictions and the White House showing support for crypto, U.S. regulations on digital assets are shifting. However, with the Federal Reserve and FDIC still maintaining their policies, the fight over crypto banking is far from over.
@ Newshounds News™
Source: Coinpedia
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News, Rumors and Opinions Saturday AM 3-8-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 8 March 2025
Compiled Sat. 8 March 2025 12:01 am EST by Judy Byington
What We Think We Know as of Sat. 8 March 2025:
Fri. 7 March 2025: The Federal Reserve vice chair Michael Barr just resigned ahead of a DOGE Audit.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 8 March 2025
Compiled Sat. 8 March 2025 12:01 am EST by Judy Byington
What We Think We Know as of Sat. 8 March 2025:
Fri. 7 March 2025: The Federal Reserve vice chair Michael Barr just resigned ahead of a DOGE Audit.
Possible Timing …Gitmo TV and Steve Bannon on Telegram
On Tues. 4 March 4 (on the 164th anniversary of Abraham Lincoln’s Inauguration as the 16th President of the Republic for the United States of America in 1861), President Trump addressed the Nation and a joint session of Congress as the 17th President of the Republic for the United States of America.
On that same Tues. 4 March 2025 the Republic for the United States of America(allegedly) began its fiscal year under new gold-backed US Notes.
On Friday 7 March 2025 President Trump held a Crypto Summit at the White House to introduce the Trump gold-backed Bitcoin as the new US Currency.
On Sat. 8 March 2025 Trump to kickoff what was described as the largest economic change in history.
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Global Currency Reset:
Thurs. 6 March 2025: BREAKING NEWS: U.S. Department of Treasury to Release NEW BANKNOTES for the RV – Goldilocks Global Banking News VIDEO! – amg-news.com – American Media Group
Fri. 7 March 2025: BOOM! Trump’s Executive Orders: Dismantling the Federal Reserve and Shaking World Banking Systems! – amg-news.com – American Media Group
Fri. 7 March 2025: BREAKING NEWS: Wealth Managers Are Signing Contracts – Preparing for the Imminent RV – Goldilocks Global Banking News VIDEO! – amg-news.com – American Media Group
Fri. 7 March 2025: BREAKING: TRUMP DECLARES ECONOMIC WAR – MASSIVE SANCTIONS & TARIFFS ON RUSSIA UNTIL PEACE DEAL IS REACHED! – amg-news.com – American Media Group
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Thurs. 6 March 2025 Bruce:
Three good Sources said we would be exchanging no later than Sat. 8 March.
Two Redemption Center leaders said we would get notifications over the weekend and start exchanges early next week Mon. 10 March or Tues. 11 March.
You can only get the higher Dinar Contract Rate at a Redemption Center, not at a bank.
Currencies are in the exchange rate range of $4-$7. This does not include the Dinar and Dong rate, which are higher.
Social Security increases should happen by the end of the month of March 2025.
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ALLIANCE PLAN:
NESARA/GESARA Debt Forgiveness implementation
The Military will supply needed food to the masses
QFS implemented
Federal Reserve dead, IRS under new US Treasury
New tax system where there is only a 14% tax on new items bought only, no tax on food or medicine, wages, etc.
Read full post here: https://dinarchronicles.com/2025/03/08/restored-republic-via-a-gcr-update-as-of-march-8-2025/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Don't ever let go of your dinars. If a bank says to you, 'well I need to authenticate your dinars, we need to send them to the main branch and have them look it over.' You tell them what is the address of the main branch? I'll take them. Don't ever let go. Don't lose sight of your dinar.
Militia Man Article: "The evaluation of the central bank's policy journey for 22 years" They wanted to go do back from 2003 because inflation was so high, it exceeded 35%, now it's 3% or 5%...Huge difference now. The stability Iraq has proven with their gold...foreign reserves ...non-oil income...taxes and tariffs...electronic system...all of that is going to support the value of their new currency. Everything was based off just oil. It's not going to be that way anymore. The real effective exchange rate is going to be based off real analysis in real time, international standards rules just like Iraq has done in the past, long long time ago.
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BREAKING !!!!!! CRYPTO RESERVE TO BORROW GOLD FROM FORT KNOX AND REPLACE US DOLLAR !!!!!!!
AMTV: 3-8-2025
Warning : “bad Language” in this video.
“Tidbits From TNT” Saturday Morning 3-8-2025
TNT:
Tishwash: Sudanese advisor: The upcoming digital currency is easy to trade and does not differ in exchange rate
The Iraqi Prime Minister's Advisor for Economic Affairs, Mazhar Muhammad Salih, reassured that the digital currency intended to be launched in the future in Iraq is easy to trade and does not differ in exchange rate.
Mazhar Mohammed Saleh told Rudaw Media Network, "The digital currency that is intended to be introduced in the future is consistent with the general trends of central banks in the world, not just in Iraq," indicating that "the idea started with the Bank for International Settlements, which is the international bank of banks in Basel."
TNT:
Tishwash: Sudanese advisor: The upcoming digital currency is easy to trade and does not differ in exchange rate
The Iraqi Prime Minister's Advisor for Economic Affairs, Mazhar Muhammad Salih, reassured that the digital currency intended to be launched in the future in Iraq is easy to trade and does not differ in exchange rate.
Mazhar Mohammed Saleh told Rudaw Media Network, "The digital currency that is intended to be introduced in the future is consistent with the general trends of central banks in the world, not just in Iraq," indicating that "the idea started with the Bank for International Settlements, which is the international bank of banks in Basel."
He explained that "there is a project called (M. Bridge) that deals with settling financial transactions between central banks with this digital currency, so this external reflection must also be reflected internally," believing that "the central bank is more in need of entering (M. Bridge) in its settlements with the major global oil trade areas in China, India, Southeast Asia and some European countries."
It is noteworthy that the "M Bridge" project was launched in 2021 at the initiative of the Bank for International Settlements in cooperation with China and a number of central banks, with the aim of accelerating international payments using digital currencies, reducing transaction costs and ensuring their security.
Mazhar Muhammad Salih pointed out that “the importance of this currency is that it is generally easy to trade for banks, and it does not require what is called liquidity risks,” adding: “Theoretically, if all the currency within banks is digital, there are no risks in bank credit, no risks in money laundering, and so on.”
Al-Sudani's advisor pointed out that "90% of the monetary mass is outside the banking system, so Iraqi society deals with paper money, and it is unreasonable to immediately switch to digital currency overnight," adding that "it is the project of hope for Iraq, and is directly proportional to the progress and development of the uses of digital currency in the world, and it is equivalent and proportional in terms of value to the issued paper currency."
Mazhar Muhammad Salih confirmed that the digital currency "does not differ from the paper currency at all, and the exchange rate does not differ with it, and there is no difference except that its efficiency is higher, and it comes in line with the development of the world, and I believe that Iraq is keeping pace with the world in this matter." link
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Tishwash: Iraq, Finland Discuss Strengthening Economic and Investment Ties
Ambassador Mohammed Hussein Bahr Aluloom, Undersecretary of the Iraqi Foreign Ministry for Bilateral Relations, met in Helsinki with Jarno Syrjälä, Under-Secretary of State for International Trade of Finland, to discuss ways to enhance economic, trade, and investment cooperation between the two countries.
Ambassador Bahr Aluloom highlighted Iraq's economic progress, emphasizing security stability and an improved business environment, which have made Iraq an attractive destination for foreign investments. He cited the United Kingdom's decision to lower travel warnings to Iraq as an example of international confidence in Iraq's progress. The Ambassador also encouraged Finnish companies to invest in strategic projects, particularly the Development Road and the energy sector.
Under-Secretary Syrjälä welcomed Iraq's economic reforms, acknowledging their role in enhancing the investment climate. He expressed Finnish companies' interest in returning to the Iraqi market.
The two sides agreed to develop practical mechanisms to strengthen cooperation, including a delegation of Finnish companies visiting Iraq to explore investment opportunities in renewable energy, electricity, digital transformation, and artificial intelligence. link
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Tishwash: Economist warns: Oil prices falling below $70 only cover salaries
Economic expert Nabil Al Marsomi warned of the repercussions of the decline in oil prices on the government’s financial situation, stressing that Iraq is facing an escalating financial crisis with the start of the decline in oil revenues since last February.
Al-Marsoumi told Al-Furat News Agency that "expectations of the financial crisis have begun to materialize on the ground, as the government has imposed strict restrictions on investment spending, and decided not to include new projects in the 2025 budget and to suffice with completing the current projects included in the current budget."
He pointed out that the current price of an Iraqi barrel, which is about $67, is only enough to cover about two-thirds of the general budget, explaining that "current oil revenues are allocated entirely to paying salaries and social welfare programs, while vital governing and sovereign paragraphs related to the lives of citizens and the national economy are marginalized.
Al-Marsoumi pointed out that the situation requires proactive measures to avoid the exacerbation of the crisis, calling for rationalizing public spending and strengthening non-oil sources of income to ensure the stability of public finances. link
Mot: . Here Weeeeeeeeeeeee Go Again!!!!
Mot: .... dont know why!!!! - But!!!
Seeds of Wisdom RV and Economic Updates Friday Afternoon 3-07-25
Good Afternoon Dinar Recaps,
U.S. GOVERNMENT CONFIRMS IT WON’T BUY XRP, ETHEREUM, OR SOLANA – BITCOIN TAKES PRIORITY!
▪The U.S. government's Strategic Bitcoin Reserve (SBR) will exclusively hold seized Bitcoin, solidifying its primary status.
▪Other seized cryptocurrencies (ETH, XRP, ADA, SOL) will be placed in a separate "Digital Asset Stockpile".
▪The government's crypto holdings are primarily derived from seizures, with Bitcoin prioritized and altcoins managed differently.
Good Afternoon Dinar Recaps,
U.S. GOVERNMENT CONFIRMS IT WON’T BUY XRP, ETHEREUM, OR SOLANA – BITCOIN TAKES PRIORITY!
▪The U.S. government's Strategic Bitcoin Reserve (SBR) will exclusively hold seized Bitcoin, solidifying its primary status.
▪Other seized cryptocurrencies (ETH, XRP, ADA, SOL) will be placed in a separate "Digital Asset Stockpile".
▪The government's crypto holdings are primarily derived from seizures, with Bitcoin prioritized and altcoins managed differently.
Peter Schiff has confirmed that the U.S. government will not be purchasing Ethereum (ETH), XRP, Cardano (ADA), or Solana (SOL) for its crypto holdings. Instead, the newly established Strategic Bitcoin Reserve (SBR) will hold only seized Bitcoin (BTC), reinforcing its position as the dominant digital asset. While the executive order signed today allows room for potential Bitcoin purchases, these would likely require approval from Congress.
No Crypto Reserve for Altcoins
Earlier reports had suggested that a government-backed crypto reserve might include XRP, ADA, SOL, and ETH, leading to a surge in their prices. However, the latest update clarifies that the U.S. government has created a separate Digital Asset Stockpile for these altcoins, but it will not be making any additional purchases. This stockpile will only contain assets seized through legal actions and will be managed by the Treasury.
Depending on regulations, these tokens may either be held or sold, but the government will not actively add to them.
Bitcoin Gets a Dedicated Strategic Reserve
Bitcoin, in contrast, will have its own Strategic Bitcoin Reserve (SBR), further reinforcing its importance in government holdings. An audit set to take place within 30 days will disclose the total amount of cryptocurrency the government owns and how these assets will be categorized. The move highlights Bitcoin’s priority over other digital assets.
No New Acquisitions!
Schiff clarified that the government will not be buying additional cryptocurrencies. Any XRP, ADA, SOL, or ETH in the Digital Asset Stockpile will come solely from past forfeitures. This means no new assets will be added unless they are seized in future legal cases.
Meanwhile, blockchain data from Arkham Intelligence confirms that the U.S. government currently owns zero XRP, SOL, or ADA. This contradicts earlier speculation that a broader crypto reserve was being established.
However, some analysts, including Moon Lambo, believe the government might hold small amounts of these assets from lesser-known seizures, but if so, the holdings are likely insignificant.
What Does the Government Currently Hold?
Right now, the U.S. government holds around 200,000 BTC, obtained through various legal seizures. While Bitcoin remains the primary focus, the government also has approximately $176 million worth of ETH and $27 million worth of BNB. However, no XRP, ADA, or SOL have been confiscated, raising questions about why they were included in the stockpile designation.
So, Where Does This Leave Bitcoin?
The crypto community, particularly Bitcoin supporters, has welcomed the government’s decision, as it further separates BTC from other cryptocurrencies. This move strengthens Bitcoin’s reputation as “digital gold” and solidifies its role as a strategic asset. However, investors who had speculated that major altcoins would be included have been left disappointed.
The government’s stance on cryptocurrency is still a major topic of interest. The market will be watching closely to see if Bitcoin purchases receive approval and how the Digital Asset Stockpile will be handled.
While Bitcoin’s dominance in government holdings is clear, the future of seized altcoins remains uncertain.
@ Newshounds News™
Source: Coinpedia , Twitter
~~~~~~~~~
DAVID SACKS EXPLAINS WHY TRUMP MENTIONED XRP, SOL, ADA: 'PEOPLE ARE READING INTO THIS A LITTLE BIT TOO MUCH'
▪David Sacks downplayed speculation, stating that President Trump simply named the top five cryptocurrencies by market cap, causing major price spikes before a pullback.
▪An executive order mandates an audit of federal digital asset reserves while also opening the door to staking and portfolio management strategies.
White House AI and Crypto Czar David Sacks shed light on why President Donald Trump included XRP, Solana and Cardano in his posted comments about a U.S. crypto strategic reserve last Sunday.
Many in the industry questioned the inclusion of these particular altcoins, arguing that they lack the developer activity and decentralization seen in Bitcoin and Ethereum. Sacks' comments came after Thursday night’s executive order establishing a Strategic Bitcoin Reserve.
"Well, the president just mentioned the top five cryptocurrencies by market cap, so I think people are reading into this a little bit too much," Sacks said Friday on Bloomberg TV. "He just mentioned the top five."
Just mentioning those coins caused spikes nearing 70% last weekend before a pullback. Sacks said Friday that "we're not sure" whether the federal government owns any of those alternative cryptocurrencies, doubling down on the executive order's call for a full audit of its current reserves.
"In terms of what we'll actually have, we have to do the accounting," Sacks said. "We know it owns Bitcoin. I believe it owns some Ethereum. I'm not sure about the other ones. No one's been able to give us a straight answer yet."
The executive order directs a full accounting of the federal government’s digital asset holdings. The U.S. government possesses 198,109 BTC, worth about $17 billion at the current market price, according to the website Bitcoin Treasuries.
The order also establishes a U.S. Digital Asset Stockpile, consisting of assets other than bitcoin forfeited in criminal or civil proceedings. The government will not acquire additional assets for the stockpile beyond those obtained through forfeiture proceedings.
Sacks also said the federal government could explore lending or staking on the cryptocurrencies it owns.
"The idea of this executive order is to create the mandate," Sacks said Friday. "We're going to do the audit, then we're going to move them into a separate account for safekeeping. And then the secretary of treasury and his team will be able to exercise portfolio management and long-term or responsible stewardship. And yes, that could include staking, it could include rebalancing [and] it could include sales. These are all options they can pursue if the secretary of treasury believes these are in the long-term interest of the American people."
Several leading crypto executives are set to attend a crypto summit hosted by President Trump in Washington, D.C. on Friday afternoon.
The prices of both XRP and ADA are down about 7% over the past 24 hours, according to The Block's crypto price data. SOL is holding up relatively well, down about 1.3%. Bitcoin and ether are down 2% and 2.7%, respectively, over the same timeframe.
@ Newshounds News™
Source: The Block
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MORE COUNTRIES READY TO JOIN BRICS ALLIANCE
India’s Foreign Minister S. Jaishankar revealed that the number of countries ready to join the BRICS alliance is growing. Speaking at a session titled ‘India’s Rise and Role in the World’ in London, Jaishankar confirmed that the bloc is encouraging developing countries to break the norm and enter a new financial territory without having to depend on the US dollar for survival.
The BRICS alliance is spearheading the de-dollarization agenda in a goal of making local currencies the world’s reserve status. The move could realign the global financial sector tilting the power from the West to the East.
Number of Countries Wanting to Join BRICS Alliance Increasing
Jaishankar emphasized that the BRICS alliance is “a very diverse group” and emerging economies find the bloc to be attractive. The unity in diversity is what’s pulling other countries towards it in a common agenda of de-dollarization. “I think clearly they must be doing something right. If so many countries want to join BRICS and so many countries actually have joined,” he said.
“South Africa joined, then it has become a double-digit membership. And in 2024, last year in Kazan, we also added dialogue partners, the concept of dialogue partners,” Jaishankar said. He explained that countries even without geographical closeness want to join the BRICS alliance.
“We are an exception to the normal rules on which groups are formed. Normally countries who approximate geographically to each other or have some particular shared history or some kind of ethnic or linguistic commonality, this is normally the basis to create a group. Now, BRICS alliance defies all those assumptions. So it’s not like the Commonwealth, it’s not like the NATO, it’s not like the G7. It’s not like anything which had been conceptualized early,” he said.
@ Newshounds News™
Source: Watcher Guru
~~~~~~~~~
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More News, Rumors and Opinions Fri. Afternoon 3-7-2025
Gold Telegraph: The World is Waking up to the Simple Truth
Friday, 7 March 2025,
BREAKING NEWS: DEUTSCHE BANK SEES RISK OF US DOLLAR LOSING SAFE-HAVEN STATUS
Ok…
“The US dollar may lose its traditional safe-haven status as global markets adjust to a new geopolitical order…”
You don’t say?
Gold Telegraph: The World is Waking up to the Simple Truth
Friday, 7 March 2025,
BREAKING NEWS: DEUTSCHE BANK SEES RISK OF US DOLLAR LOSING SAFE-HAVEN STATUS
Ok…
“The US dollar may lose its traditional safe-haven status as global markets adjust to a new geopolitical order…”
You don’t say?
The world is waking up to a simple truth: you can’t print the minerals that power our modern world You have to mine them. The real challenge? High-grade, economically viable deposits are scarce. The supply squeeze is inevitable. Copper…
Copper prices jumped by more than 5% today. The glue of the economy. Copper powers everything you touch and see. Global trade is starting to change.
Japan’s 10-year bond yield… Highest since 2009. Lookout.
A record amount of gold is now in United States exchange warehouses. It’s great to see gold flow back to the West. At near record highs…
A gold-backed U.S. Treasury instrument is gaining traction. My first GT conversation with Judy Shelton, @judyshel, the current US President’s former economic advisor, highlights the need to restore monetary integrity and seriously leverage GOLD as a solution. “The times are changing.”
For the past decade, my mission has been to expose the truth. That will never change. The most important stories are still being written.
The U.S. Treasury Secretary says that “access to cheap goods” is not the “American Dream.” In other words, This signals openness to a weaker dollar.
Source(s):
https://dinarchronicles.com/2025/03/07/gold-telegraph-the-world-is-waking-up-to-the-simple-truth/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television saying the United States of America is totally supervising all financial transactions. Your US Treasury is supervising all financial transactions in Iraq and the US Treasury is aware of all the money and where it goes in Iraq... FRANK: That is the beauty of your security and stability where it's at right now. It is so powerful. In my strong opinion they are aware of the new exchange rate. If not, they would not be this heavily involved right now...
MarkZ [via PDK] Question: Any bond or RV news today Mark? MarkZ: There are many stories of people who have been processing throughout the week. They are being told they plan to have them all done by the 17th or 18th of March. So IMO we can go at anytime between now and then. I do have somebody who expects to keep their appointment to change their currency late this afternoon. I think they may be premature...it may be a banker who was optimistic and set the appointment. They have not yet canceled it. It would make my day if they got to exchange. Even if the bank jumped the gun.
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Gold Keeps Government in Check, Golden Age is Not Just a Saying
X22 Report (w/ Collin Plume): 3-6-2025
Today’s Guest: Collin Plume-Noble Gold Investments
http://noblegoldinvestments.com
Collin begins the conversation talking about how the founding fathers put gold in the constitution because it keeps government in check.
It makes sure that the government cannot spend more than it has.
Trump is now creating the parallel economy, he is shrinking government, placing tariffs on other countries and drilling for oil. He is bringing income in from the outside instead of taking it from the people.
Gold is going to play a major role in the new economy, the golden age is not just a saying.
LIONS ALERT! (THE STOCK MARKET MUST HOLD HERE!) OTHERWISE, L@@K OUT BELOW.
Greg Mannarino: 3-7-2025
SILVER CHAOS! 80Moz COMEX MARCH Silver Delivery! JPM Pays 30M OUNCES! Physical ONLY NOW!
(Bix Weir) 3-7-2025
2025 will be the year where people will understand WHY it's time for Physical Silver ONLY! No 3rd party or you will NEVER GET YOUR SILVER! March COMEX deliveries are OFF THE CHARTS closing in on 80 MILLION OUNCES and there's ANOTHER delivery month in MAY!
Was US Gold Repatriated To Refill Fort Knox?
Was US Gold Repatriated To Refill Fort Knox?
Arcadia Economics: 3-7-2025
There's been a lot of mysterious activity in the gold and silver markets over the past few months, and an increasing number of prominent analysts who continue to question whether the narrative that it was all just about the tariffs is really true.
And in this morning's show, Vince Lanci considers whether US gold may actually be getting repatriated to refill Fort Knox.
Was US Gold Repatriated To Refill Fort Knox?
Arcadia Economics: 3-7-2025
There's been a lot of mysterious activity in the gold and silver markets over the past few months, and an increasing number of prominent analysts who continue to question whether the narrative that it was all just about the tariffs is really true.
And in this morning's show, Vince Lanci considers whether US gold may actually be getting repatriated to refill Fort Knox.
You're going to want to see this one, so click to watch it now!
Seeds of Wisdom RV and Economic Updates Friday Morning 3-07-25
Good Morning Dinar Recaps,
TRUMP’S BITCOIN RESERVE PLAN: FUNDED BY CONFISCATED CRYPTO, NOT TAXPAYER’S WALLET
Trump orders U.S. Bitcoin reserve using seized assets, securing crypto holdings without taxpayer funds & reshaping digital finance.
U.S. Bitcoin stockpile signals global shift as other nations may race to establish their own reserves, boosting crypto adoption.
In a historic move this evening, President Donald Trump signed an executive order creating the United States’ first-ever strategic Bitcoin reserve. This major step in cryptocurrency policy is set to solidify the U.S.’s position in the growing digital asset space.
Good Morning Dinar Recaps,
TRUMP’S BITCOIN RESERVE PLAN: FUNDED BY CONFISCATED CRYPTO, NOT TAXPAYER’S WALLET
Trump orders U.S. Bitcoin reserve using seized assets, securing crypto holdings without taxpayer funds & reshaping digital finance.
U.S. Bitcoin stockpile signals global shift as other nations may race to establish their own reserves, boosting crypto adoption.
In a historic move this evening, President Donald Trump signed an executive order creating the United States’ first-ever strategic Bitcoin reserve. This major step in cryptocurrency policy is set to solidify the U.S.’s position in the growing digital asset space.
Bitcoin Reserve Without Taxpayer Funds
The executive order establishes a reserve for Bitcoin, which will be held exclusively in a digital stockpile. However, Trump’s plan does not rely on taxpayer funding. Instead, the reserve will be exclusively capitalized with Bitcoin that the federal government has confiscated through criminal and civil forfeiture cases. According to David Sacks, the White House crypto czar, this means no taxpayer dollars will be used to fund the reserve.
“The reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings,” Sacks said.
Digital Fort Knox: Long-Term Bitcoin Safeguarding
Trump said that the reserve will act as a digital equivalent of Fort Knox, safeguarding the nation’s Bitcoin holdings for the long term. In his remarks, Sacks explained the importance of this reserve, stating that previous premature sales of Bitcoin by the U.S. government have resulted in over $17 billion in lost value. This new initiative aims to prevent such losses by establishing a strategic, long-term holding strategy.
Expanding Beyond Bitcoin: U.S. Digital Asset Stockpile
In addition to the Bitcoin reserve, the executive order also includes a broader U.S. digital asset stockpile, which will include other cryptocurrencies, such as Ethereum, XRP, and Solana, all of which have been seized through forfeiture proceedings. However, the government will not seek to purchase more of these digital assets unless it can do so without additional cost to taxpayers.
Global Impact: The U.S. Leads the Way
This move marks a milestone not only for the U.S. but for the entire cryptocurrency market. With the federal government committing to hold Bitcoin as a store of value, the likelihood of Bitcoin being banned by the government has dramatically decreased. Additionally, this sets the stage for other countries to establish similar Bitcoin reserves, as global competition for Bitcoin intensifies.
Strategic Reserve: Preserving and Maximizing Value
The strategic reserve will not involve any immediate sales or purchases of Bitcoin, as it focuses on preserving and maximizing the value of assets already acquired by the government. The executive order also directs a full audit of the U.S. government’s existing digital asset holdings, with a focus on ensuring responsible stewardship under the Treasury Department.
Industry insiders have reacted positively to the news, with many viewing this move as a precursor to future institutional and state-level adoption of Bitcoin. As this strategy unfolds, experts predict that other nations will closely monitor the U.S.’s approach and may follow suit in creating their own strategic Bitcoin reserves.
The announcement comes just ahead of the White House Crypto Summit, where policymakers and industry leaders will discuss the future of digital assets and the regulatory framework surrounding them. With the U.S. leading the way in government-held Bitcoin reserves, the global crypto landscape is poised for a major transformation.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
CARDANO’S CHARLES HOSKINSON REACTS TO WHITE HOUSE CRYPTO SUMMIT SNUB
Hoskinson focuses on legislative progress, unfazed by his absence from Trump's crypto summit.
Cardano founder Charles Hoskinson has revealed that he was not invited to the upcoming White House Crypto Summit on March 7.
His exclusion has sparked discussions, especially since the blockchain network’s ADA token is included in US President Donald Trump’s proposed crypto reserve.
No White House invite
In a March 6 broadcast, Hoskinson revealed that he had not received an invitation to the highly anticipated crypto event.
According to him:
“We did not get an invitation on Monday. We did not get an invitation on Tuesday. We did not get an invitation today on Wednesday. So I’m going to operate under the assumption I have not been invited to go to this gathering.”
Hoskinson downplayed the event’s significance, suggesting it might not involve meaningful policy discussions. He argued that real policy work happens within the legislative branch, where he has collaborated with lawmakers over the years.
He reaffirmed his commitment to pushing for regulatory clarity through legislative engagement, particularly on key bills related to stablecoins and market structure.
Despite his absence, several key figures in the crypto industry have confirmed their attendance. Among them are Michael Saylor, Chairman of Strategy—the largest corporate holder of Bitcoin—along with Brian Armstrong of Coinbase, Arjun Sethi of Kraken, and Vlad Tenev of Robinhood.
ADA in crypto reserve
Meanwhile, Hoskinson’s exclusion is particularly striking given that ADA has been listed as part of Trump’s proposed crypto reserve.
The president recently announced plans to create a reserve featuring Bitcoin, Ethereum, XRP, Solana, and Cardano. He is expected to outline his strategy for this initiative at the event.
The Cardano founder admitted that he was unaware of ADA’s inclusion until the news broke.
According to him:
“We knew nothing of ADA being selected for the reserve. It was news to me. I woke up on Sunday, looked at my phone, and I had over one hundred fifty messages saying congratulations, great job, and I had no idea what the heck was going on.”
@ Newshounds News™
Source: CryptoSlate
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
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