"Tidbits From TNT" Wednesday Morning 11-10-2021
TNT:
Tishwash: Iraq and China discuss coordination and mutual support for obtaining international positions in international organizations
Head of the International Organizations and Conferences Department at the Ministry of Foreign Affairs, Abbas Kazem Obaid, met with the Chinese Chargé d'Affairs to Iraq, Jian Fangning, at the Ministry of Foreign Affairs building.
A statement by the ministry stated that during the meeting, many international issues presented to international organizations were discussed, and opinions and positions were exchanged on them, as well as deliberations on coordination and mutual support for obtaining international positions in international organizations link
Cutebwoy: The QFS (quantum financial system)
The QFS (quantum financial system) covers the new global network for the transfer of asset-backed funds and replaces the centrally controlled SWIFT System.
Quantum Finance
A new system is emerging that, with the proper structuring, puts financial control back in the hands of the people.
The Quantum Financial System (QFS) has been building a Virtual Private Network (VPN) for the Cross-Border Interbank Payment System (CIPS).
It’s a network based on sovereignty and commerce.
This author recently outlined the primary components of the real financial reset, the details of which are behind this effort, to include documentation (proof) of its relevance and importance.
The Real Financial Reset
While the details are complex, resetting to a “new, better normal” is a lot simpler than you might think.
To coordinate a national research effort encompassing Federal agencies, the academic community, and industry leaders already underway, The White House National Quantum Coordination Office released A Strategic Vision for America’s Quantum Financial System Networks, in February of last year (2020).
and underemployment and youth unemployment rates are at all-time highs, we have reached a point at which locally sustained economic ecosystems are perhaps the only way forward in achieving economic health that supports people of all walks of life and cultural backgrounds.
This author’s framework called Smart Ecologies is one such method for the design and development of these ecosystems.
In order to support this shift, it is prescient that we approach our uses of currency and finance through a radically different lens.
And it begins anew in how we control and manage our own data.
True Self-Sovereign Identity
Using the blockchain and distributed systems to liberate individual data across the digital landscape.
As we’ll see in a moment, the QFS does not come without its design challenges, namely that it is an AI-enabled consensus system.
As pointed out in other posts, human participation in counterparty agreements must be managed by selective consensus, to avoid unnecessary obfuscations of decision-making power.
QUANTUM FINANCIAL MECHANICS
Quantum finance is an interdisciplinary field, applying theories and methods developed by quantum physicists and economists in order to solve problems in finance. It is a branch of what is known as econophysics.
While quantum computing methods have been in existence for quite some time that use physics first principles to understand better ways to conduct and manage monetary flows, it is actually the math that matters in this new scenario.
In the case of a non-interest based system, it must be established that a proper “reset” entails no dependencies on credit or debt that result in the “overfinancialization” of assets.
In other words, we don’t need to add unnecessary 1s and 0s to our transactions, nor in the ways we create or produce assets we wish to redistribute and from which we generate revenues autonomously.
To expand on this, it is also important to understand that financial risk must be amortized at the asset level.
That said, the real value of blockchains or ledgers has less to do with the speed of transactions, and more to do with the responsible management of resources as they are needed, when they are needed.
Much thought and work has gone into this, some of which is detailed here.
ASSET-BACKED CURRENCY
Beyond the AI and natural resource implications, it is purported that a FIAT cryptocurrency will convert into a gold-backed Basel III, IV and V compliant digital coin.
It is also purported that a fungible handbasket of gold, silver, palladium and other precious metals can collateralize this unit of account.
The coins themselves and the virtual coins will have barcodes (for ownership) and GPS tracking devices (for location).
The ACC (Asset Chain Collection) is a “Distributed General Ledger”. It’s a tool of the A.I. asset digitization for global applications. It is referred to as “The A.I.Exchange”.
Between mainstream tokens in the market with asset-standard tokens the Asset Collection Chain jointly forms and documents the digital asset interchange object — SDR digital currency.
Each global “node” establishes a “regional” General Ledger Token (GLT) for regional circulation and this the digital currency SDR (Special Drawing Rights) will be the main exchange coin along with tokens of each international node’s general ledger token on the international exchange.
In this “monetary ecosystem” each node’s token can use GLT (General Ledger Token) to realize regional circulation and each GLT can use ACC to realize international circulation.
As this author has pointed out, there is a potential downside to tokenized digital currencies, mainly in that they must be designed to be fully quantum tolerant.
In other words, the goal is to monitor and preserve natural value of any asset by amortizing risk in real-time.
Right now it is unclear as to how exactly the QFS is being ledgered, and with what specific ledgering system.
Rumors circulated last year (2020) that XRP was being used, but that appears to be conjecture, given its extreme volatility.
All the while, the institutional buy-up of Bitcoin inventory is a signal that there is real battle over control of the financial system.Perhaps it is neither XRP nor a speculative commodity like Bitcoin that, alone, will provide the underlying structure for the real reset.
TO RESPONSIBLE PARTICIPANTS, COME THE SPOILS
“Crypto-biases” aside, something monumental is about to happen.
It is purported that the QFS “reigns supreme” in photonic technology at 3.5 trillion frames per second.
It replaces obsolete IP-dynamic routing with the true physical GPS authentication between sender and receiver routing, while upholding “100% financial security and transparency of all currency holders”.
As mentioned, the AI component is a concern, since AI systems — whether through deep learning, natural language processing or quantum imaging — mimic human and biological behaviors.
As we all can recognize, human beings are not the most self-responsible in terms of gut-checking their proclivities toward greed and more authoritarian control of resources.
That said, merit-based approaches to stewarding resources with selective consensus are paramount, and they are available.
These are wildly exciting times.
https://medium.com/our-new-nature/quantum-finance-de47b8b046a8
Mot: Students are shocked when teacher removes all desks in class. Then they learn a valuable lesson
In September of 2005, a social studies schoolteacher from Arkansas did something not to be forgotten.
On the first day of school, with permission of the school superintendent, the principal, and the building supervisor, she took all of the desks out of the classroom. The kids came into first period, they walked in; there were no desks. They obviously looked around and said, “Where’s our desks?”
The teacher said, “You can’t have a desk until you tell me how you earn them.”
They thought, “Well, maybe it’s our grades.”
“No,” she said.
“Maybe it’s our behavior.”
And she told them, “No, it’s not even your behavior.”
And so they came and went in the first period, still no desks in the classroom. Second period, same thing. Third period. By early afternoon television news crews had gathered in the class to find out about this crazy teacher who had taken all the desks out of the classroom. The last period of the day, the instructor gathered her classes.
They were at this time sitting on the floor around the sides of the room. She said, “Throughout the day no one has really understood how you earn the desks that sit in this classroom ordinarily. Now I’m going to tell you.”
She went over to the door of her classroom and opened it, and as she did 27 U.S. veterans, wearing their uniforms, walked into that classroom, each one carrying a school desk. And they placed those school desks in rows, and then they stood along the wall. By the time they had finished placing the desks, those kids for the first time I think perhaps in their lives understood how they earned those desks.
Their teacher said, “You don’t have to earn those desks. These guys did it for you. They put them out there for you, but it’s up to you to sit here responsibly, to learn, to be good students and good citizens, because they paid a price for you to have that desk, and don’t ever forget it.”
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Mot: ~~~ Thank You All Who Have Served! ~~~
