Coffee with MarkZ, joined by Andy Schectman and Zester. 08/12/2026
Coffee with MarkZ, joined by Andy Schectman and Zester. 08/12/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: Andy joins us early, with talk of deleting zeroes I need to revisit an old topic today and cover the news in a hurry before Andy starts. Zester joins to wrap things up with Andy today.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Coffee with MarkZ, joined by Andy Schectman and Zester. 08/12/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: Andy joins us early, with talk of deleting zeroes I need to revisit an old topic today and cover the news in a hurry before Andy starts. Zester joins to wrap things up with Andy today.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
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News, Rumors and Opinions Wednesday 8-12-2026
Reset Intelligence: A Budget for What Rate?
8-11-2026
A Budget for What Rate?
By Reset Intelligence | @EXIT_FIAT
Iraq has started writing the next law that must name the dinar’s exchange rate – and the central bank is sitting at the drafting table.
Reset Intelligence: A Budget for What Rate?
8-11-2026
A Budget for What Rate?
By Reset Intelligence | @EXIT_FIAT
Iraq has started writing the next law that must name the dinar’s exchange rate – and the central bank is sitting at the drafting table.
The same week, a US senator walked out of Fort Knox and confirmed every ounce of gold is there. Then he said the dollar lost 85% of its value anyway.
The Budget File Reaches the Top Table
On Monday, Prime Minister al-Zaidi personally chaired a session with parliament’s finance committee, Finance Minister al-Sari, and Central Bank Governor Nizar Nasser Hussein. The subject: Iraq’s 2027 federal budget, the first in the country’s history built program-and-performance based. In Iraq, the exchange rate is written into the budget law. The 1,300 sits in the 2023 law, and no law since has replaced it. Iraq never passed a 2026 budget at all.
• The calendar – drafted and sent to parliament in September, endorsed and released in October, per the PM’s own financial adviser
• The door closed on camera – the government spokesman confirmed Iraq has not resorted to external borrowing, leaving the two options state TV repeats nightly: borrow from Iraqi banks, or take the three zeros off the notes
• The old books – former Finance Minister Taif Sami, who kept Iraq’s ledger for the entire life of the 2023 law, was placed on a judicial wanted list 2 days before the meeting
• The gold – central banks bought a record 289 tonnes last quarter; Iraq’s own bank holds roughly 175 tonnes, a quarter of its total reserves
• Fort Knox – Senator Rand Paul confirmed the full 147 million ounce stockpile, then pointed at the 85% the dollar lost since it was cut loose from that metal
Here is the question that matters, and it is the one everyone gets wrong: does the rate have to wait for the budget to pass in January? Iraq’s own record answers it, and the answer changes how you watch the next 6 weeks. The last time the number moved, the paperwork came 4 months later. The full breakdown of that sequence, and what the CBI can do any morning between now and September, is in today’s briefing.
Read the full daily briefing free for 5 days. Sign up here: resetintelligence.com
Want it straight from the horse’s mouth? The CBI Rate Alert pings you the moment the Central Bank of Iraq moves the official rate. The number itself, not a rumour about it. It comes with our free resource library and the daily breakdown of what is actually moving in Iraq. Sign up free: resetintelligence.com/rate-alert
The longer story is in the book: Head of the Snake. The free reference layer is here: The Library.
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The budget that names the rate is being written now. The only question history will ask is who saw it while it was actually happening.
https://dinarchronicles.com/2026/08/11/reset-intelligence-a-budget-for-what-rate/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Reset Intelligence This week a United States senator Rand Paul walked into the most famous vault on earth [Fort Knox] and settled a half century argument "the gold is there." All 147 million ounces... The metal never moved. And the dollar lost 85% of its value anyway. That is what happens to money with no backing. Nixon's moment and the endless printing did the damage...Now the gold is being counted again. The world is heading back to the gold standard, and the US is leading the way. Baghdad is already positioned, 175 tonnes deep, writing the budget law that names the dinar's next rate.
Frank26 Iraqi citizens repeat after me - We are lifting the value of your currency. We are lifting the three zeros from your exchange rate. The 25K note will become a 25 dinar note. $100 is about 150,000 dinar. We are going through a currency redenomination. It's to simplify transactions and to strengthen the confidence in Iraqi citizens on your currency.
Walkingstick [Iraqi bank friend Aki update] WALKINGSCICK: Aki, do you have any LDs? AKI: No, I don't have any lower denominations. I have no needs for lower denominations. WALKINGSTICK: When I come to your bank, you're going to take my dinars and give me American dollars in my account right? AKI: Yes, I will take care of you in conversion electronically. I will convert your IQDs into the USDs.
The Fed has Lost Control of Interest Rates
VRIC Media: 8-11-2026
Christopher Whalen of Whalen Global Advisors, LLC and publisher of The Institutional Risk Analyst argues that investors may be overlooking one of gold’s most important signals: credit default swaps on U.S. government debt. He explains why rising concern over America’s creditworthiness can strengthen the case for gold, why long-term interest rates may remain elevated even if short-term rates fall, and why inflation is likely to remain a persistent problem.
Whalen also discusses the dollar’s changing role in global reserves, the risk of inflating away U.S. debt, and why he expects a significant reset in housing and parts of the stock market.
0:00 The overlooked indicator driving gold
1:02 Why the Fed may keep rates unchanged
3:22 Short-term rates down, long-term rates higher
5:37 Why mortgage rates could stay elevated
8:38 Whalen’s outlook for gold and silver
11:03 What credit default swaps reveal about U.S. debt
14:14 Why U.S. credit risk can lead gold
16:06 How the dollar’s global role is changing
18:21 Why countries still need U.S. Treasuries
20:30 Diversifying into foreign currencies
23:13 Will America inflate away its debt?
26:05 Why the fiscal problem keeps getting pushed forward
27:31 A potential housing reset in 2028
30:04 Tech valuations and the AI bubble
Rob Cunningham: XRP Price Before Law v 2.0
Rob Cunningham: XRP Price Before Law v 2.0
8-11-2026
• XRP Price Before Law v 2.0 •
Last Friday’s major institutional question was:
“Why should we expose ourselves to digital assets before Congress tells us exactly what everything is?”
Also the “John Thune would suck in the WNBA, too” week in DC.
Rob Cunningham: XRP Price Before Law v 2.0
8-11-2026
• XRP Price Before Law v 2.0 •
Last Friday’s major institutional question was:
“Why should we expose ourselves to digital assets before Congress tells us exactly what everything is?”
Also the “John Thune would suck in the WNBA, too” week in DC.
Today, the increasingly defensible boardroom question has become:
“Why are we refusing even to prepare for an asset class and financial architecture that the Executive Branch has expressly directed federal regulators to integrate into the traditional financial system?”
EO 14405 & EO 14406 signed on May 19, 2026, now offer a profound inversion of institutional risk, thanks to Lady Thune.
And then comes the Federal Reserve provision, too.
This may ultimately be the most strategically important part of EO 14405.
President Trump specifically requested that the Federal Reserve conduct a comprehensive review of whether uninsured depositories and non-bank financial firms – explicitly including firms (like @Ripple) engaged in digital assets and novel financial activities – can obtain direct access to Federal Reserve payment accounts and services. His EO asks the Fed to analyze legal authority, barriers, risk-management structures and options for expanding access. Where existing law permits access, it asks for transparent application procedures and decisions on complete applications within 90 days.
The institutional message is much bigger than “Trump supports crypto”
EO 14405 does something unusually important for bank boards, investment committees and general counsels: it establishes as formal policy of the United States that federal regulation should permit the integration of digital assets and innovative technology into traditional financial services and payment systems, while removing unnecessary barriers that favor incumbents.
It expressly sweeps in 11 areas:
payments
derivatives
investment management
brokerage
underwriting
capital markets
custody
fiduciary services
securities
commodities and
blockchain-based services
Think about the architectural implication.
For most of crypto’s history, the industry sat outside the monetary fortress, accessing traditional payment infrastructure through banking intermediaries.
EO 14405 asks whether portions of that wall can legally become a door.
It doesn’t grant every crypto company a master account. It does something institutionally significant nonetheless: it moves direct access by digital-financial businesses from something regulators might resist philosophically to something the Federal Reserve has been formally asked by the President to evaluate and justify structurally.
And EO 14406 provides the other half of the institutional equation
This is where the two orders operate almost like a matched pair.
EO 14405 says:
Integrate innovation. Reduce artificial barriers. Examine payment-system access.
EO 14406 says:
Do it while strengthening financial integrity, BSA compliance, customer identification and defenses against illicit finance.
The second order directs Treasury and banking regulators toward stronger risk-based customer due-diligence and customer-identification requirements, while identifying money laundering, trafficking, fraudulent identity structures and unlawful cross-border activity as priorities.
That matters enormously to boards.
Because the strongest institutional argument against digital assets was never merely “crypto is volatile.”
It was:
Regulatory risk + AML risk + reputational risk + counterparty risk + uncertain classification = don’t touch it.
The Administration’s emerging framework is effectively separating those issues:
Innovation is legitimate. Digital assets belong inside regulated finance. Access should be evaluated. Bad actors should be policed aggressively.
That is a much easier proposition for a compliance committee to defend.
Source(s):
• https://x.com/KuwlShow/status/2086963843087904930
https://dinarchronicles.com/2026/08/11/rob-cunningham-xrp-price-before-law-v-2-0/
Ariel: Clarity Act Cloture, EO 14405 and 14406, Iraq Digital Integration, VND Endgame, and September 30
Ariel: Clarity Act Cloture, EO 14405 and 14406, Iraq Digital Integration, VND Endgame, and September 30
8-11-2026
Iraq’s Urgent Digital Integration Movement: Locking In The Rail Connection (And Other News)
Clarity Act Cloture, EOs 14405/14406, Iraq Digital Integration, VND Endgame & September 30
The chess pieces are moving at breakneck speed.
Thune filing cloture on August 8th is the trigger.
Ariel: Clarity Act Cloture, EO 14405 and 14406, Iraq Digital Integration, VND Endgame, and September 30
8-11-2026
Iraq’s Urgent Digital Integration Movement: Locking In The Rail Connection (And Other News)
Clarity Act Cloture, EOs 14405/14406, Iraq Digital Integration, VND Endgame & September 30
The chess pieces are moving at breakneck speed.
Thune filing cloture on August 8th is the trigger.
The Cabal’s stall tactic is dead.
By forcing a vote post-recess, Thune is locking in the timeline.
The September 15 test vote is the final gate. But the real pressure isn’t just Congressional it’s Executive. But we also touch upon more info regarding the VND. And why you have a very solid holding more so than Zim & Venezuela.
Iraq: The Apple End-Run Accelerates
The Prime Minister’s meeting on performance-based budgeting and monetary measures for market stability is the public translation of “we are readying the system for the new exchange rate.” The urgent message from the Finance Minister and CBI Governor dropping exactly 3 days after Apple Pay went live is the sync.
Apple provides the global tech rail; the CBI provides the sovereign digital dinar; customs provides the trade verification. The physical three-zero cash notes are being starved of liquidity. When the digital rail is fully synced to customs, the RV drops. They are not waiting for Washington.
VND Intel: The Silent Asian Pivot
Do not expect a sudden overnight “RV” with the VND like we expect for IQD. Expect a strategic, tiered revaluation.
The IMF and Asian Development Bank are reportedly pushing for this to align with the September 30 fiscal year close. A stronger VND allows Vietnam to service sovereign debt in stronger terms and transition from an export-reliant economy to a domestic consumption powerhouse.
The window for a significant adjustment is Q4 2026, heavily leveraged to the September 30 fiscal deadlines. But of course that is just logistics. And who wouldn’t feel as if that still isn’t just a sudden? Especially if we are talking about 72 hours.
I hope you all have been buying VND. Because the potential on that currency is out of this world. I need to start covering that more. Because once Iraq revalues the sale of the VND could go through the roof. So if you don’t have Zim, Venezuela, or IRR. The best next case scenario is VND.
Read Full Article:
https://www.patreon.com/Prolotario1/posts/iraqs-urgent-in-166332317
Ross: Iraq’s Oil is the Dinar’s Revaluation
Ross: Iraq’s Oil is the Dinar’s Revaluation
8-11-2026
Iraq running on a 51 year old oil & gas law is actually crazy and so is IQD being worth $.00076.
It is a no-brainer for Iraq to finally pass the HCL and increase the purchasing power of the dinar.
Inevitable if Iraq is to ever prosper.
Ross: Iraq’s Oil is the Dinar’s Revaluation
8-11-2026
Iraq running on a 51 year old oil & gas law is actually crazy and so is IQD being worth $.00076.
It is a no-brainer for Iraq to finally pass the HCL and increase the purchasing power of the dinar.
Inevitable if Iraq is to ever prosper.
Kurdistan 24 English:"WE NEED A MODERN OIL & GAS LAW": Prime Minister Masrour Barzani Highlights outdated 1975 Legislation In an exclusive interview with Al Jazeera, Kurdistan Region Prime Minister Masrour Barzani emphasized the urgent need for Iraq to enact a comprehensive federal Hydrocarbon Law, revealing that current energy sector regulations in Iraq still rely on legislation dating back to 1975.
Japan’s XRP depth + Iraq’s live digitization pressure creates a logical area of overlap that goes beyond traditional oil-and-construction diplomacy.
Japan sits at the institutional end of XRP and regulated stablecoin rails.
Iraq is simultaneously forced by liquidity stress to modernize payments and reduce reliance on physical IQD cash circulation.
A serious Japanese commercial presence that includes fintech, payments infrastructure, or digital identity/onboarding know-how would be additive to the digitization track already underway at the CBI.
The liquidity crises on both sides make the timing less coincidental than it might appear.
The market still prices Iraq as a high-risk single-outlet producer.
Every credible step that changes that perception — especially ones that bring Western capital and alternative Mediterranean access — moves the dial on what a sustainable dinar rate can look like once the political and legal scaffolding is finished.
Iraqi News:Iraq's Ministry of Oil unveiled plans Monday for a major new pipeline network with two export routes toward Faysh Khabur and the Syrian port of Baniyas, aiming to diversify crude exports beyond the southern Gulf terminals.
For the first time, the Iraqi government has begun preparing a program- and performance-based budget.
This is explicitly framed as a roadmap for Iraq’s economic future that links government spending directly to measurable goals and outcomes, rather than the traditional opaque line-item budgeting that has long enabled waste and leakage.
Key points from the statements:
• The shift is designed to improve the efficiency of public funds and create accountability.
• Electricity sector gets “exceptional attention.”
• No red lines on pursuing corruption cases.
• Broader state-building strategy: build a new economic Iraq, corruption-free government institutions, and constitutional security institutions.
• Major global companies are showing strong interest in investing; international financial institutions are ready to support the economy.
• Goal is to create a suitable environment for investment and revitalize economic sectors.
Performance-based budgeting is exactly what the IMF, World Bank, and serious FDI players look for.
External catalysts (HCL progress, banking sector overhaul, regional deals, oil policy) matter enormously, but internal fiscal credibility is what keeps IQD from immediately unraveling after any rate change and what attracts the long-term capital that actually supports a higher rate.
Zoom News: Iraqi PM Ali al-Zaidi hosted the Parliamentary Finance Committee, alongside the finance minister and central bank governor on Monday, to discuss fiscal and economic policies, saying the government has, for the first time, begun preparing a program- and performance-based budget serving as a roadmap for Iraq’s economic future by linking government spending to goals and outcomes - statement Al-Zaidi also says the government is working on a state-building strategy focused on building a new economic Iraq, corruption-free government institutions and constitutional security institutions, while major global companies are showing strong interest in investing in Iraq and international financial institutions are ready to support its economy.
Read full post here: https://dinarchronicles.com/2026/08/11/ross-iraqs-oil-is-the-dinars-revaluation/
What The Digital Dinar Means For Dinar Investors
What The Digital Dinar Means For Dinar Investors
The Dinar Den: 8-10-2026
For years, the Iraqi dinar (IQD) has been a subject of intense interest and speculation among global currency investors. While online forums are often filled with sensational claims of overnight riches and imminent currency revaluations, seasoned investors take a more analytical approach.
In a recent video from the popular YouTube channel The Dinar Den, Stephen—an entrepreneur and long-time Iraqi dinar investor—provides a grounded, realistic perspective on the current state of Iraq’s economy. Instead of focusing on unverified rumors, Stephen highlights a far more critical development: Iraq’s rapid transition toward a digitized financial infrastructure.
What The Digital Dinar Means For Dinar Investors
The Dinar Den: 8-10-2026
For years, the Iraqi dinar (IQD) has been a subject of intense interest and speculation among global currency investors. While online forums are often filled with sensational claims of overnight riches and imminent currency revaluations, seasoned investors take a more analytical approach.
In a recent video from the popular YouTube channel The Dinar Den, Stephen—an entrepreneur and long-time Iraqi dinar investor—provides a grounded, realistic perspective on the current state of Iraq’s economy. Instead of focusing on unverified rumors, Stephen highlights a far more critical development: Iraq’s rapid transition toward a digitized financial infrastructure.
For anyone tracking the progress of the Iraqi dinar, understanding this digital evolution is essential. Here is a comprehensive breakdown of Stephen’s insights, the current realities of the Iraqi exchange rate, and why modernization is the true catalyst for Iraq’s economic future.
To understand where the Iraqi dinar is going, investors must first acknowledge where it currently stands. Stephen begins his analysis by addressing the persistent rumors circulating within the investor community. He clarifies that, despite various online claims of secret rate changes or premature currency exchanges, the official exchange rate set by the Central Bank of Iraq (CBI) remains firmly at 1,310 Iraqi dinars per US dollar.
To illustrate the dangers of falling for unchecked hype, Stephen shares a cautionary tale about the risks of following unreliable “gurus” in the dinar community. Many of these sources routinely predict exact dates and rates for a revaluation (RV), leading to cycles of hope and disappointment for unsuspecting investors. Stephen emphasizes that relying on speculative claims rather than verifiable economic data can lead to poor financial decisions.
In reality, currency adjustments are not dictated by forum rumors; they are the result of deliberate, structural economic reforms.
Rather than waiting for an overnight miracle, Stephen urges investors to look at the tangible progress happening on the ground in Baghdad. Chief among these developments is Iraq’s accelerating shift toward a digital currency system. For decades, Iraq has operated primarily as a cash-based society, with vast sums of currency held outside the formal banking system.
Stephen argues that establishing a robust digital financial infrastructure is a crucial prerequisite for any future currency adjustment or revaluation. A modern, digital economy provides the stability and transparency that international markets require before they can fully trust a national currency. By transitioning away from physical cash, Iraq is laying the groundwork for a more resilient and globally integrated economy.
This digital push does not exist in a vacuum. It is deeply interconnected with Iraq’s broader banking reforms and highly anticipated legislative changes, such as the national Hydrocarbon Law. The Hydrocarbon Law aims to establish a transparent framework for distributing the country’s vast oil revenues among its provinces.
For this revenue-sharing model to work efficiently and without corruption, a modern banking infrastructure is vital. The ongoing reforms within Iraqi commercial banks—such as adopting international accounting standards and partnering with global financial institutions—are designed to support this transition. Together, these legislative and technological advancements represent the true pillars of Iraq’s economic revival.
Ultimately, Stephen’s message is one of patience, education, and realism. He advises Iraqi dinar investors to look past the sensationalized headlines and instead focus on the tangible, verifiable milestones of Iraq’s financial modernization.
The transition to a digital economy, the restructuring of the banking sector, and the implementation of key economic legislation are the true indicators of progress.
News, Rumors and Opinions Tuesday 8-11-2026
Ariel: This Timeline Now Makes Perfect Sense
8-11-2026
People keep this in mind. Under Article 70 of the Iraqi Constitution, major financial reforms specifically altering the exchange rate require a seated government and parliamentary consensus.
The factional disputes between Shia blocs and Kurdish parties over cabinet positions weren’t just drama; they were a legal blockade.
The Sept 30 Convergence
Ariel: This Timeline Now Makes Perfect Sense
8-11-2026
People keep this in mind. Under Article 70 of the Iraqi Constitution, major financial reforms specifically altering the exchange rate require a seated government and parliamentary consensus.
The factional disputes between Shia blocs and Kurdish parties over cabinet positions weren’t just drama; they were a legal blockade.
The Sept 30 Convergence
This Timeline Now Makes Perfect Sense:
• August 17: EOs 14405/14406 force U.S. digital asset compliance
• September 15: Clarity Act vote (or Executive mandate enforcement)
• September 30: U.S. fiscal year end + troop withdrawal deadline + Iraqi government fully operational
Without a fully seated government, any RV attempt would face immediate constitutional challenge and potential reversal. Now this seems to be something that is about to be resolved quickly.
Do you all see where this is headed?
AnnMarieF:The Prime Minister announces the imminent completion of the government's formation. Sudani and Maliki present today.
Source(s):
• https://x.com/Prolotario1/status/2086953705174126621
https://dinarchronicles.com/2026/08/11/prolotario-this-timeline-now-makes-perfect-sense/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Jeff The two currencies will coexist together, large notes and small notes for a period of time...Deleting three zeros is the phasing out of larger notes. You got to phase out the larger 3-zero notes because Iraq has perfect inflation right now, 3%. That allows them to phase out and remove the large 3-zero notes and bring smaller notes in to simplify everything.
Militia Man[The CBI and GOI] are prepping people, putting a seed in their head that change is coming. They're opening up the conversation about the digital dinar. They're opening up the conversation about delete the zeros. They've been doing this for this past week. When we put all this together without exaggeration the picture to me is clear. There is a real cash pressure inside the government enough for the finance minister to take the lead...Talk of removing of the zeros and issuing new notes is happening in official newspapers after years of waiting. Careful explanations are helping manage what people expect...
Reset Intelligence On Sunday, Iraq's Finance Minister sat down with the Central Bank Governor...The same day...state television kept repeating that the government is weighing removing the three zeros from the currency...The signals are converging. Apple, Google and Meta are being licensed into Iraq's payment system...A note swap changes the paper. A revaluation changes what the paper is worth. Baghdad has activated neither, but a government does not repeat the quiet option on television day after day by accident. This is conditioning, a population being prepared for money that moves differently and carries a different number, while Washington builds the rails that money would travel. The signals are louder than ever.
Gold & Silver Breakout! Endgame Is Near | David Morgan
Liberty and Finance: 8-10-2026
David Morgan warns that the global financial system may be closer to a major breaking point than ever before. He argues that silver prices have been manipulated in the short term, pointing to spoofing, options expiration, and extreme leverage as evidence of market distortion.
Morgan also challenges claims that COMEX silver is being drained, while warning that the freely available physical silver supply may be far tighter than headline inventory numbers suggest.
He says the unwinding of the yen carry trade could have devastating consequences for international debt and credit markets.
Morgan says he now believes “we’re near the end game” and urges investors to focus on protecting purchasing power.
INTERVIEW TIMELINE:
0:00 Intro
1:00 Gold & silver breakout
5:00 Is the COMEX being drained?
11:45 Gold & silver manipulation
16:30 What's happening on the exchanges?
20:50 Wealth preservations
23:50 Silver: Critical Mineral
28:30 Shanghai Gold Exchange
30:10 Yen intervention
Rob Cunningham: What if Humanity was Given a Genuine Choice?
Rob Cunningham: What if Humanity was Given a Genuine Choice?
8-10-2026
What if humanity were finally given a genuine choice?
Not Left vs Right
Not capitalism vs socialism
Not one central bank against another
Something far more fundamental
Rob Cunningham: What if Humanity was Given a Genuine Choice?
8-10-2026
What if humanity were finally given a genuine choice?
Not Left vs Right
Not capitalism vs socialism
Not one central bank against another
Something far more fundamental
How should humanity account for value itself?
Would you prefer a monetary infrastructure in which transactions can be independently verified rather than merely reported?
Where the ledger is public?
Where the rules are inspectable?
Where reconciliation occurs 24/7/365?
Where no single corporation, government, bank or individual possesses unilateral authority over the shared ledger?
Where mathematics, cryptography and distributed consensus make altering the accounting extraordinarily difficult if not impossible?
Where different nations can retain their own currencies… different people can retain their property, different institutions can retain their autonomy, and open protocols simply allow value to move between them?
If such infrastructure can be built, tested and scaled, shouldn’t humanity at least ask:
Why would we choose anything less?
And then comes the uncomfortable second question
For generations, enormous influence over money, liquidity, credit and international finance has accumulated around institutions such as the Federal Reserve System, IMF, BIS, central banks and a constellation of governmental, political, intelligence, banking and nongovernmental institutions
Whatever one believes about their historical necessity, let’s ask ourselves:
1 – What happens to centralized institutional power when superior transparency becomes technologically possible?
2 – What happens when ordinary people can inspect the ledger?
3 – What happens when settlement becomes continuously auditable?
4 – What happens when assets can move across borders and networks through open protocols?
5 – What happens when interoperability reduces dependence upon privileged intermediaries?
6 – What happens when cryptographic verification begins replacing institutional assurances of:
“Trust us. The books are right.”
And perhaps the most revealing question of all:
7 – Who should fear such a system?
The farmer?
The worker?
The saver?
The entrepreneur?
The pensioner?
The merchant?
The honest banker?
The honest government?
The honest corporation?
8 – Why would any honest steward of humanity’s wealth fear greater transparency, greater accountability and greater verifiability?
9 – Wouldn’t an honest institution welcome technologies capable of proving its honesty?
So turn the question around
10 – If an institution fiercely resisted a transition toward genuinely open, independently verifiable financial infrastructure… what exactly would it be protecting?
Its customers?
Financial stability?
National sovereignty?
Legitimate confidentiality?
These are serious possibilities and deserve serious consideration
11 – But could it also be protecting something else?
Information asymmetry?
Intermediary rents?
Preferential access?
Institutional opacity?
Or simply the extraordinary power that accompanies being one of the few entities permitted to see – and influence – the machinery behind the curtain?
Now ask the question at civilization scale:
Should humanity serve its monetary system?
Or should the monetary system serve humanity?
Should honest weights and measures depend upon the character of whoever controls the scale?
Or should we engineer the scale so that everyone can verify the weight?
That may be the defining monetary question of our generation
Not:
“Which institution should we trust?”
But:
“How much trust should technology still require us to surrender to any institution?”
Knowledge asks the question.
Understanding examines the architecture
Wisdom follows the incentives.
Life remembers who the system was supposed to serve.
If open, decentralized, interoperable & independently verifiable infrastructure can deliver a more accountable system of value.
Maybe the losing institutions will teach us something about the system we’re leaving behind.
Source(s):
• https://x.com/KuwlShow/status/2086578043901071641
https://dinarchronicles.com/2026/08/10/rob-cunningham-what-if-humanity-was-given-a-genuine-choice/
Coffee with MarkZ, joined by Bob Lock. 08/10/2026
Coffee with MarkZ, joined by Bob Lock. 08/10/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: Iraq's cabinet, Iran, and Bob Lock joins us to take your questions on Trusts.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
Coffee with MarkZ, joined by Bob Lock. 08/10/2026
MarkZ Disclaimer: Please consider everything on this call as my opinion. Be sure to consult a professional for any financial decisions
MZ: Iraq's cabinet, Iran, and Bob Lock joins us to take your questions on Trusts.
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
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News, Rumors and Opinions Monday 8-10-2026
Ross: All of this is Necessary Before the Revaluation of IQD
8-10-2026
Al-Zaidi is using the provincial coordination body to push land reform, electricity restructuring, fiscal caution, and service delivery while the regional environment is putting pressure on the budget.
All of this is necessary before the revaluation of IQD:
1. Executive procedures for the 1 million residential land plots project start 1 September 2026.
Ross: All of this is Necessary Before the Revaluation of IQD
8-10-2026
Al-Zaidi is using the provincial coordination body to push land reform, electricity restructuring, fiscal caution, and service delivery while the regional environment is putting pressure on the budget.
All of this is necessary before the revaluation of IQD:
1. Executive procedures for the 1 million residential land plots project start 1 September 2026.
This is real volume. Land reform + mass housing release = construction stimulus, local economic activity, and a tangible delivery item the government can point to.
2. New committee (chaired by the Head of Advisors) tasked with amending the technical model for privatizing electricity distribution.
Chronic electricity losses, collection failures, and political interference have been a drag for years.
3. Private generators crackdown (Baghdad focus)
Oil Ministry can no longer issue fuel quotas for private generators without going through Baghdad Governorate.
This hits the parallel/fuel-diversion economy that has been a long-standing leakage and corruption vector.
4. Agriculture – Diwaniyah rice (shaleb) support
Increased water releases from Abbasiya and Kufa barrages, adjusted Ya’u regulator, 8 hours of dedicated power for pumps on the river axis, no exceptions from the irrigation rotation, and excavators for cleaning. Practical food-security / rural support move.
Al-Zaidi continues to operate as an active executive rather than a caretaker.
The meeting had real ministers and real governors in the room — producing dated action items trying to look competent on housing, power, agriculture, and money discipline while regional conditions are tight.
Source(s):
• https://x.com/Ross_ptm/status/2086508226863136992
https://dinarchronicles.com/2026/08/10/ross-all-of-this-is-necessary-before-the-revaluation-of-iqd/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Stephen Sometimes people look at everything happening inside of Iraq through the lens of a revaluation tomorrow. That's not the case. However, we're seeing economic reform, monetary reform, banking restructuring, financial restructuring. We are seeing so many exciting things that are all culminating and coming together, fingers crossed, for that glorious day where we can all exchange our Iraqi dinar into US dollars...In my last 15 years since I have been invested in the Iraqi dinar I have not seen this much movement happening. If you have been in this investment a long time you will agree with me. We have never seen Iraq move this quickly. A huge piece of this is the amount of corruption being cleaned up.
Jeff The money sent from the United States to Iraq this week was dollars. We don't pay Iraq's salaries. They don't pay their own salaries in dollars. The $500 million is their oil money from the United States to Iraq. It's to purchase imports and travelers leaving the country can turn in dinar and get dollars to exit the country. The $500 million was not for salaries. Salaries are not paid in dollars.
Bruce [via WiserNow] ...redemption centers might be connected right to a bank, or it could be a completely separate building or location that's not connected to a bank, but everyone in the United States is overseen by Wells Fargo, and they will have a representative there. You'll have a Treasury representative there, and you'll have people that will be there to count and verify your currencies with a De La Rue machine, and then banks have sometimes another brand of machine that they'll be using... and they're getting new machines and training bank personnel on how to do these exchanges.
IQD Update on Exchange Rate Including HTG ARS VES
Edu Matrix: 8=9=2-26
Ross: News Coming out of Iraq Right Now is Non-stop
Ross: News Coming out of Iraq Right Now is Non-stop
8-9-2026
Funny how the crypto bros are mourning right now meanwhile the IQD & XRP conspiracy theorists are at the edge of their seats.
The news coming out of Iraq right now is a non-stop INSANE barrage of BANGERS.
Can’t help but stay giddy.
Ross: News Coming out of Iraq Right Now is Non-stop
8-9-2026
Funny how the crypto bros are mourning right now meanwhile the IQD & XRP conspiracy theorists are at the edge of their seats.
The news coming out of Iraq right now is a non-stop INSANE barrage of BANGERS.
Can’t help but stay giddy.
MP Saad al-Awadi is calling for urgent joint sessions between the government, CBI, and parliament to build the legal and technical framework for a digital dinar:
• Central Bank issues a digital Iraqi dinar.
• Salaries and pensions get deposited as encrypted digital currency into wallets.
• People spend it electronically immediately — no more waiting for physical cash at banks or distribution points.
• Force service and commercial sectors to accept digital payments.
• Cut the massive costs of printing, transporting, and securing paper notes.
• Avoid more domestic borrowing to cover the same recurring problem.
Parliament is openly floating a sovereign digital dinar solution while salaries are delayed and cash is being hoarded.
That is not the behavior of a system that plans to stay stuck in the old parallel-market mess forever.
The rails are being discussed and prepared.
The pressure is real. The direction is clear.
Source(s):
• https://x.com/Ross_ptm/status/2085975512363786738
https://dinarchronicles.com/2026/08/08/ross-news-coming-out-of-iraq-right-now-is-non-stop/