Goldilocks "Blockchain Technology and more" Thursday 4-20-2023
Goldilocks and Seeds of Wisdom
Thank you RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted comments and links with comments this morning:
Commercial Real Estate concerns are beginning to show up on the market.
Many Banks are leveraged inside commercial real estate.
Banks are becoming increasingly cautious in lending out money at this time.
The days of easy money is gone.
© Goldilocks
Blockchain technology is challenging the Swift system.
The ability to make cross-border international trading transactions in milliseconds is becoming a preferred alternative.
The challenge in the past has always been the emerging market system and getting transfers to go through efficiently.
The cost of blockchain digital ledger transfers make it even more preferred to utilize the new digital International Payment System.
The Swift system is rapidly becoming outdated technology, and the shift to Quantum Financing is beginning to gain traction.
© Goldilocks
https://www.finextra.com/blogposting/24015/swift-alternatives-and-crypto-remittance--sending-money-with-crypto
https://striga.com/blog/swift-alternatives-how-is-crypto-remittance-replacing-swift-payment/
https://news.bitcoin.com/blockchain-to-become-more-relevant-in-payments-this-year-sberbank-exec-says/
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"CoinMENA now offers crypto services in Iraq"
This is allowing the private sector and their citizens an opportunity to move money internationally in digital format.
It will increase the demand for their money in cross border international trading situations adding to the money velocity of the Iraqi Dinar.
This new demand on their money will increase money flows into and outside of the country creating more value in the currencies they hold.
Remember, 70% of any marketplace comes from the consumers.
© Goldilocks
https://www.iraqinews.com/iraq/coinmena-now-offers-crypto-services-in-iraq/
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