Goldilocks' Comments and Global Economic News Sunday Evening 2-4-24

Goldilocks' Comments and Global Economic News Sunday Evening 2-4-24

Good Evening Dinar Recaps,

The IMF currently has a Working Paper. A Working Paper is preliminary research that enables a new project, or in this case, a new digital asset based trading system to have a working model to test its theories.

We already know the new digital asset based trading system is being tested and the payment networks through the use of stablecoins are already in pilot programs.

These pilot programs allow the QFS to be viewed to see how they're working model is going to operate Globally. This is where regulations come into play allowing us to formulate a final paper called a White Paper.

A White Paper allows us to take research material into pilot phase programs whereby recommendations and implementation processes are given direction to proceed.

We are in process of moving to White Papers that will allow us to move forward with technological interfaces that will be used in the digital asset-based trading system.

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During Protocol 20 activation from the vote that is about to take place on February the 20th, 2024, we will begin to see these Quantum Technological Networks begin to interface with one another Globally.

From the Stellar Protocols, we have learned that it will take weeks and not months to finish or populate within the QFS. When we see the White Papers being presented from the IMF, we will be well on our way to integrating our new Financial System into Global networks.

90% of the Fortune 500 companies are expected to be digitized by the end of this year. This is and always has been a process, but we are inside the final steps that will allow us to soon integrate many of the Quantum Technologies into actual practice.

To kickstart these new Technological Systems, we will need a payment system to pay for their existence. These new digital payment systems are currently being tested and regulated for final White Paper distribution from the IMF and the World Bank.

These announcements from the IMF and the World Bank will provide us with a Bretton Woods III announcement we have been looking for to start the new Digital Economy.

© Goldilocks
IMF
Minneapolis Fed
eLibrary Worldbank
Investopedia
Daily Host News

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It is the Bretton Woods 3 Announcement that will call the RV.

© Goldilocks

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Peso rises to 55: $1 as dollar weakens | Business Inquirer

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International Bank for Reconstruction and Development |  World Bank

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Experts: Mortgages won’t be voided by a digital currency | AP News

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Goldilocks' Comments and Global Economic News Saturday Evening 2-3-24

Goldilocks' Comments and Global Economic News Saturday Evening 2-3-24

Good Evening Dinar Recaps,

"Rystad Energy has identified 36 potential high-impact wells for 2024, a significant increase from 27 in 2023."

The US Treasury Department and the G7 including the European Union came up with this caping of oil production to ensure price stability during times of inflation.  

Gold and other commodities have been suppressed as well during this time of inflation. It, too, has the tendency to rise during inflationary periods. During the pandemic, many of our gold mines were shut down. In 2023, we had a surge in gold and commodity mining.

These stabilizing efforts have served their purpose for the last few years to take us into controlled price measures. And now, we are in a place of new Economic Development.

Releasing caps on oil mining and gold mining as the new QFS began to connect with Quantum Technologies around the world has given us the opportunity to synchronize our commodity sector with the new digital asset based trading system.

As you can see, 2024 is the year when all of these Quantum Technologies are being interfaced with the commodity markets. By suppressing production in the commodity markets, it has allowed us to spend less time stabilizing this sector of the market and more time coordinating and connecting these mechanisms toward future collaboration.

These efforts have been going on for some time, but the movement into Global Network payment collaboration going forward will begin to really pick up its pace.

These efforts will enable payment systems to coordinate price pressures designed to interface new digital payment systems with the new bull market on gold and other commodities.

"All roads lead to gold, and gold will set us free."

© Goldilocks
Oil Price
Insights
Visual Capitalist

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"Only Qualified Purchasers, a designation granted by the U.S. Securities and Exchange Commission (SEC), which is typically reserved for entities with a net worth exceeding $5 million, will be eligible to acquire USTB."

Whales and institutional money are getting involved with tokenized assets especially the Bond Market.

These US Treasury Bonds will support the infrastructure of the United States. The US Treasury is responsible for the production of our coins and currency. They facilitate the disbursement of payments to the American public. Involved in revenue collection such as taxes. And executes, when necessary, the borrowing of funds to run the Federal Government.

In other words, the underlying infrastructure of the United States of America is currently being interfaced into the new Digital Asset-Based Trading System. It will support the overall development and ongoing projects needed to give liquidity to many of our country's financial operating payment systems.

© Goldilocks
The Defiant

👆  Goldilocks pointed to this article

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The US Treasury Bonds (USTB) will begin to bring in our liquidity through Tokenized Assets Backed by Gold.

© Goldilocks

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BRICS: Russia Settles 85% Trade in Local Currency, Sidelines US Dollar | Watcher Guru

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Russia Witnesses Significant Surge in BRICS Transactions with National Currencies

“The share of the BRICS countries has become significantly larger, now it is about 40 percent. In 2022, it was less than 30 percent, and in 2021 – about 20 percent,” she said on Tuesday.  Caspian News

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CME Group Reports Record January ADV of 25.2 Million Contracts | PR Newswire 

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New shipping route connecting China and Russia is officially open | SAFETY4SEA 

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Commodity Futures Trading Commission Artificial Intelligence Use | NatLawReview

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RBZ Gold Backed Digital Tokens sales dispose of 6,7kgs  |  New Zimbabwe

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Transcript of Press Briefing: Regional Economic Outlook Update for Middle East and Central Asia | IMF

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Superstate Short Duration US Government Securities Fund (USTB) Token Tracker | Etherscan

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The US Treasury Bonds (USTB) will begin to bring in our liquidity through Tokenized Assets Backed by Gold.

© Goldilocks

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Do you see how all of this is piecing itself together?

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What is a Treasury bond?

A U.S. Treasury bond (often called a T-bond) is a fixed-interest debt security issued by the U.S. Treasury Department to raise funds to finance Uncle Sam's spending requirements.  Bankrate

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Goldilocks' Comments and Global Economic News Saturday AM 2-3-24

Goldilocks' Comments and Global Economic News Saturday AM 2-3-24

Good Morning Dinar Recaps,

BRICS: Russia Settles 85% Trade in Local Currency, Sidelines US Dollar | Watcher Guru
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Russia Witnesses Significant Surge in BRICS Transactions with National Currencies

“The share of the BRICS countries has become significantly larger, now it is about 40 percent. In 2022, it was less than 30 percent, and in 2021 – about 20 percent,” she said on Tuesday.  Caspian News
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CME Group Reports Record January ADV of 25.2 Million Contracts | PR Newswire 

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New shipping route connecting China and Russia is officially open | SAFETY4SEA 

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Help us help all telegram rooms be safe from hate and abuse.

The Seeds of Wisdom Team is taking action to help everyone and asking people to share the info provided and even word it for their rooms if they like.

This is never what anyone likes yet some only want to hurt others.

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Goldilocks' Comments and Global Economic News Friday Evening 2-2-24

Goldilocks' Comments and Global Economic News Friday Evening 2-2-24

Good Evening Dinar Recaps,

As we move into the months of February and March, look for large swings in the market as we approach the March 11th deadline.

New tokenized assets will be coming on board to replace old traditional banking assets that used to stand on their own.

These new assets will have commodities interfaced with them, giving them new values. Inflation will rear its ugly head during this transition, and it will begin to put price pressures on gold to calm the uncharted seas.

The initial shock will be like sailing into a storm, but mechanisms are in place to absorb it as much as possible.

We have shared enough information together leading up to this event and where it will take us to guide you during this difficult time.

Just know, that all of us will be in this together.    Investing

© Goldilocks

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Be ready, Gold-Backed Digital Banking and Market Protocols will be locking into position in the months of February and March.

© Goldilocks

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Commonwealth Bank of Australia (CBA) has closed a staggering 354 branches and 2297 ATMs in the past five years, with plans to shut down more in the coming weeks.

Australia’s biggest bank, which serves 15.9 million customers, has shut down almost one-third of its branches since June 2018, going from 1082 to 728 countrywide.  News AU

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IMF Executive Board Concludes 2023 Article IV Consultation with the People’s Republic of China | IMF

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Russian ‘Digital Asset’ Market Ready for Takeoff, Lawmakers Claim |  Crypto News

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Kuwait and Saudi Arabia have renewed their call for Iraq to respect the agreement between the Iraq and Kuwait on the regulation of maritime navigation in the Khor Abdullah waterway.| Iraq Business News

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Ripple Edges Closer to Banks Via Crypto Custody Firm Metaco | Coin Desk

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XRPL approves AMM amendment, opening new income avenues | Cryptopolitan

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ECC approves transition from LIBOR to SOFR - Mettis Global Link

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Goldilocks' Comments and Global Economic News Friday AM 2-2-24

Goldilocks' Comments and Global Economic News Friday AM 2-2-24

Good Morning Dinar Recaps,

"Instead of relying on traditional buyers and sellers in a financial market, AMMs keep the DeFi ecosystem liquid 24/7 via liquidity pools."

Automated Market Makers (AMMs) allow digital assets to be traded without permission. They trade automatically through liquidity pools instead of traditional market buyers and sellers.  

A  liquidity pool is a smart contract containing a reserve of two or more cryptocurrency tokens inside a decentralized exchange (DEX). 

This allows people and Banks the ability to create liquidity beyond the token they are holding (XRP) that is just simply sitting idle without these other assets to help them to grow a passive income.

Smart contracts are scripts that automate actions between two parties through agreements to exchange crypto currency 24/7 to generate funds for an original token such as XRP just sitting idle.

On February the 14th, 2024 XRP will be allowed to operate inside a decentralized monetary system generating liquidity for their network through non-traditional trading means.

In other words, we are about to see a self-sustaining model of digital money begin to automate liquidity.

Here is the benefit of this new mechanism coming into play. Banks own a lot of XRP around the world, and XRPL has been given the green light to move forward with this new generation of income moving through the monetary system.

Don't forget. XRP is a commodity-based monetary network. The ability to generate the commodity sector of the market through banking transactions utilizing XRP around the world is a monumental achievement.  CryptoNewsFlash   XRP Chat  Crypto News  Gemini

© Goldilocks

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"The Bank Term Funding Program (BTFP) expires in March, and no new loans can then be taken out, but existing loans can be maintained until their term ends, which is one year after it was issued."

The existing loans will give Banks time to add new Basel 3 requirements to new loans (SOFR) going forward inside a gold backed economy.

Secured Overnight Financing Rate (SOFR) allows a borrowing of cash overnight that is collateralized and repurchased through the US Treasury securities.

This new repo Market mechanism (SOFR) will gradually be put into place to replace the old Libor contracts finishing up their contracts this year.

"1-, 3- and 6-month US dollar LIBOR settings continue to be published under an unrepresentative ‘synthetic’ methodology until end-September 2024. After this, publication will cease permanently."

By the end of the year, everything turns to gold. "All roads lead to gold, and gold will set us free."

© Goldilocks
Capital One
JP Morgan

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Isaac sent a Message last night

Hello we are very very close for the confirmation I was waiting for , will update and explain more tomorrow , blessings.  Isaac on Telegram

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Goldilocks' Comments and Global Economic News Thursday Evening 2-1-24

Goldilocks' Comments and Global Economic News Thursday Evening 2-1-24

Good Evening Dinar Recaps,

This week, history was made. When Saudi Arabia joined the BRICS System, we began the process of moving from a Petro Dollar to a Digital Dollar economy.

© Goldilocks
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"Cross-border data flows” refer to the movement or transfer of information between servers across country borders"

EU and Japan sign for a Economic Partnership between their countries. This will allow data flows of information in the new digital economy to proceed between them.

Data governance and cross-border data flows are important to the development of digitalisation between these two largest digital economies in the world.

Once this agreement has been ratified by Japan, they can move forward with their economic partnership in the new digital economy. This agreement marks one of the first economic partnerships to move forward onto the new digital asset based trading system. Consilium Europa

© Goldilocks

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Iraqi Banking Announcement:

Currently, Iraq is appointing people into leadership positions to run their electronic payment companies. https://cbi.iq/news/view/2510

© Goldilocks
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"CFTC’s Energy and Environmental Markets Advisory Committee to Meet February 13, 2024"

The Energy and Environmental Markets Advisory Committee (EEMAC) is meeting with the Commodities Futures Trading Commission on the role rare Earth minerals are going to play in our new digital economy.

A part of this meeting deals with Basel 3 requirements in attaching these Rare Earth minerals and other commodities to new tokenized assets that will come into play during Protocol 20s roll out of Quantum Technologies on February the 20th, 2024.

This comes just in time before the March 11th, 2024 when the old Financial money lending of money gives way to tokenized assets backed by real world values (Gold) to begin paving the way to our new economy.

These rare Earth minerals will synchronize price selections and values based upon the pressures our new economy will take on during this transition of our stock markets into tokenized assets.

Commodities will serve as a hedge for the stocks going one direction as the commodity markets go the other creating a bridge into a new economy. The more these stocks put pressures on the Commodities that back them as a tokenized asset will serve to give us new adjusted prices based upon a real value going forward. 

When you combine these two assets together such as the stock markets and the commodity markets, they become the igniting catalyst into a fire that will spur both into growth potentials neither one of them could do alone.

Is a smooth transition into the new economy becoming possible? It's looking that way. Time will tell.

Don't get me wrong. Volatility is expected, but the interfacing of the commodity market with the stock market will certainly provide us a path forward through utilizing the unique directions both of these will be going because of where we are in our Global Market Cycles.   CFTC

© Goldilocks

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"BRICS overtakes G7 in terms of share in global GDP in PPP terms. As new members join the economic bloc, it is expected to lead more than 40% of global crude oil production."

Going forward, this will have a profound effect on the use of the Petro dollar in foreign trade. It will open up opportunities for currencies in the East to be utilized instead of the dollar creating demand for their use and growth potential.

As the year goes on, we will be experiencing many changes in the global markets that will affect our tokenized assets backed by commodities under the new requirements of Basel 3.

In turn, this will engage new growth potentials across all sectors of our Global Markets. Forex is one of those sectors of our Global markets.

Resetting and reconnecting our Global Markets to our new digital banking system will begin to show new Market chart patterns that are aligning themselves with new digital assets inside our new Basel 3 economy.   English Al Mayadeen

© Goldilocks
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Standard Chartered Bank expects the SEC to approve spot Ethereum ETFs on May 23.

The bank predicts a potential $4,000 target for ETH if it mimics BTC’s pre-approval performance.
The Block

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Token.io Becomes Participant in SEPA Payment Account Access (SPAA) Schem

January 28, 2024 @ 9:19 pm By Omar Faridi
Account-to-account (A2A) payment infrastructure provider, Token.io, has announced it has become an official participant in the SEPA Payment Account Access (SPAA) scheme: a commercial API initiative that will enable greater innovation and unlock wider adoption of A2A payments in Europe.

Through leveraging open banking and instant payments, the SPAA scheme will directly support the establishment of “a competitive pan-European payment solution, which is a key pillar of the retail payment strategies of both the European Commission (EC) and European Central Bank (ECB).
Crowd Fund Insider

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As we kick off 2024, the focus on the unavailability of certain benchmarks continues on. To refresh, we have already seen the benchmark for US Dollars generally replaced with the Secured Overnight Financing rate as administered by the Federal Reserve Bank of New York, Sterling replaced with the Sterling Overnight Index Average as administered by the Bank of England and Swiss Francs replaced with the Swiss Average Rate Overnight as administered by the SIX Swiss Exchange AG. Looking ahead, we expect to see the cessation of additional benchmarks including, but not limited to, the Canadian Dollar Offered Rate (“CDOR”) and Singapore Interbank Offered Rates (“SIBOR”).  JD Supra

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Message from Isaac Today

Hello, hope all good the cc is today and I will post as soon as I have the info , but definitely today..  Isaac on Telegram

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IIAs are international treaties between two or more countries. They protect investors from one country (the investor’s home country) from unlawful interference with their investments in the other country (the host country).

The main purpose of these treaties is to mitigate political and legal risks associated with investing abroad by giving the investor the possibility to sue countries before impartial international arbitration tribunals.

IIAs could take the form of a bilateral investment treaty (BIT) between two countries, or they could be part of wider free trade agreement, such as Chapter 14 of the United States-Mexico-Canada Agreement (USMCA) or Chapter 11 of the North American Free Trade Agreement (NAFTA).

Investment treaty protections and the dispute settlement mechanisms they contain are only available to qualifying investors and investments.   JD Supra 

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Russia makes ditching the US dollar a top priority in 2024 - What a star-studded meeting!! |  Cryptopolitan

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Chainlink (LINK) Set to Connect Billions of People and Companies in Tokenization Market | CryptoNewsFlash

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Digital Assets Association launches to connect tradfi and tokenised real world assets | The Edge Singapore

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RIPPLE XRP🚨IT'S FINALLY GETTING APPROVED!🚨BRICS NEW FINANCIAL SYSTEM INCOMING | https://youtu.be/43aXwPFFZ1U?feature=shared

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Institutions Are About To Create MASSIVE DEMAND For XRP! AMM & Clawback Changes EVERYTHING For XRPL! | https://youtu.be/dwqtai2zO_s?feature=shared

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I will write about the changes coming to XRP tomorrow. You do not want to miss it.

© Goldilocks

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Goldilocks' Comments and Global Economic News Late Wednesday Evening 1-31-24

Goldilocks' Comments and Global Economic News Late Wednesday Evening 1-31-24

Good Evening Dinar Recaps,

Saudi Arabia Officially Becomes a BRICS Member
During its 2023 annual summit, it announced its first expansion effort since 2001, when it introduced South Africa. Specifically, the alliance had invited six different countries from across the globe.   1 hour ago     Watcher Guru

👆Uh Oh Dollar

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US Fed Meet Live Updates: Powell-led FOMC keeps key rates unchanged at 5.25-5.50% for 4th straight meeting.
Jerome Powell

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This week, history was made. When Saudi Arabia joined the BRICS System, we began the process of moving from a Petro Dollar to a Digital Dollar economy.
© Goldilocks

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FOMC Press Conference January 31, 2024

https://www.youtube.com/live/poHpPUUOfkg?feature=shared

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A Special Message from Goldilocks Late Wednesday Evening 1-31-24

 A Special Message from Goldilocks Late Wednesday Evening 1-31-24

Good evening, it is with a deeply sad heart that I have been moved to write to you tonight. Salty, a friend to so many of us on this journey has been affected the last few days by a group of people who are going around telling people in various rooms that they have to belong to their room or they will not be able to exchange and that the law will be coming after them.  
 
This threatens the emotional well-being of people and disturbs their souls, and this is why I am sending this message tonight.
 
Folks, we live in a world whereby free speech still exists. Even though various opinions may be out there in Dinarland we all don't agree with, it is important to have them for they touch people in different ways from people who care about others. It is important for us to move into a place of higher ground with each other.  

The ability to live in a place of coexistence through unconditional love is the place where a mature human is able to experience miracles. It is the place where transformations of the human heart become possible.  
I ask you to pray for my friend Salty and those who do not realize what they are doing to those around them in making the stress of this journey far more difficult than it has to be.  
 
My prayer tonight is "Father forgive them for they know not what they do." And watch over my friend Salty. You know she means so much to all of us.
 
© Goldilocks

Goldilocks' Comments and Global Economic News Wednesday AM 1-31-24

 Goldilocks' Comments and Global Economic News Wednesday AM 1-31-24

Good Morning Dinar Recaps,

Protocol 20 Update:
In response to ecosystem feedback about a bug discovered last week in Stellar Core v20.1.0 that could have impacted applications using fee bumps to sponsor Soroban transactions, Stellar network validators postponed the Protocol 20 upgrade vote.

As soon as a new version of Stellar Core is available — which should be February 2 — we will once again encourage the ecosystem to upgrade relevant software — in this case, that’s limited to Stellar Core, Horizon, and RPC — and, if they choose, to arm validators for a February 20 upgrade vote.

Here’s the new timeline for the Protocol 20 rollout…   Key dates:

February 2: Core 20.2 Release Candidate
February 6: Core 20.2 Stable Release and Testnet Reset + Upgrade
February 20: Target Vote on Protocol 20 Upgrade Vote + Phase 0

To ensure network performance and stability, smart contract functionality will be rolled out in phases. Initially, if and when validators approve the upgrade to Protocol 20, network resource limits will be too low to support production-level use. Validators will increase them based on feedback from network operators, then again based on feedback from smart contract developers, until finally, they are high enough to allow users to take full advantage of the new functionality.

Read about the decision (https://stellar.org/blog/developers/our-decision-to-disarm-validators-and-vote-to-postpone-the-protocol-20-upgrade) and get involved in the Discord (https://discord.com/channels/897514728459468821/1200432249594707998) and dev-mailing list  (https://groups.google.com/g/stellar-dev/c/-IOCsnqLLwI/m/h1TAg8A5CQAJ?pli=1)channels to keep up with the conversations.

For more info, see the blog post (https://stellar.org/blog/developers/the-stellar-network-s-phased-rollout-of-smart-contracts-the-road-to-mainnet) detailing the phased rollout plan.   Stellar Blog

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"OKX Ventures Announces Investment in bitSmiley, a Stablecoin Protocol in the Bitcoin Ecosystem"

Bitcoin is a store of value coin. On its own, it does not scale the new Quantum Financial System. This is why the BRC-20 protocol is necessary.

When a request is made for the use of a Bitcoin store of value, a fungible digital asset is created on the Bitcoin blockchain. Here, BITUSD coins are minted to fulfill transactions on the Bitcoin blockchain.

BitUSD coin is over collateralized due to the volatile nature of Bitcoin, and a person can buy lending insurance to cover the cost during the times of price volatility to keep their Bitcoin's price at a stable rate. This insurance keeps a situation from being necessary to liquidate a person's Bitcoin assets. Thus, this enables the use of Bitcoin as a stablecoin through BITUSD possible.

Bitcoin goes through bitSmiley, a company that provides comprehensive Bitcoin DeFi solutions for coins needing extra support in creating decentralized protocols on the new Web 3 application in financial functions for the QFS.

In other words, Bitcoin goes through the BRC-20 protocol to enable bitUSD to scale the Quantum Financial System as a stablecoin.

Ethereum has a similar setup. ERC-20 tokens are cryptocurrencies built on the Ethereum Blockchain. They are digital tokens representing shares in a company or virtual assets. 

So, here we have it. We have a stablecoin interface that can scale the QFS through Bitcoin and a smart contract program through Ethereum that can process the transaction.

Spot Ethereum ETF is currently in review for adoption in May of 2024. Each of these spot ETFs have several companies underneath them that connect to these protocols allowing the operation of our new Digital Asset Based Trading System to function.

© Goldilocks
FintechFutures 1
FintechFutures 2
Investopedia 1
Techopedia
Investopedia 2
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Did you ever think that you would see the day when Bitcoin would be used as a stablecoin for payments? It's here.

© Goldilocks

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What Are Stablecoins? | Back to Basics | https://youtu.be/PWvAINFwkbk?feature=shared

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Look for a stablecoins to come into the forefront on the new QFS. Stablecoins give each country's currency a value as a virtual asset on the new digital economy.

Stablecoins are collateralized by gold and other assets to give them a stable value. This is how the Global Currency Reset is being done.

As we watch this process, you will notice how the next building phase of our digital economy is going to level the playing field inside a Global Currency Reset.

This phase of development on the QFS will take the digital economy and interface itself with the banking system through Basel 3 Capital requirements.

Things will begin to move much faster going forward as networks from around the world begin their process of connecting their Quantum Technologies together.

This is why Protocol 20 is so important to get right, and why, they're working on current bugs in the system. It is important that we keep in prayer the technological servants who are building this new Global Economic Network for us. Their groundbreaking discoveries and movements into the digital economy are literally efforts that are transforming the way we live.

© Goldilocks

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It is important to take time to express my deepest thanks to Freedom Fighter who listens to me go over what we talk about in this room each day.

He brings to you a voice and opportunity to interact with these concepts building the new Financial System in a way that is easier for you to understand.

And, I am very Lucky to have another friend who has been listening to me for some time since the beginning of putting this new Financial System together bore her with the details of its conception.

These reflective moments with my friends give me the opportunity to voice what I need to be heard, so you can get an understanding of where we are going.

Thank you my friends.

© Goldilocks

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Ethereum ETF Approval Expected in May, Standard Chartered Predicts | Bloomberg

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Transcript of January 2024 WEO Update Press Briefing | IMF

"So you put all of this together, and what we are seeing, and we are agreeing with that assessment, is central banks holding off on easing until maybe the second half of 2024. And then that's when we anticipate that the Federal Reserve, the European Central Bank, the Bank of England, and others might start easing. Including the South African Reserve Bank, by the way."
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Harvest Global Investment Shows Interest in HK Stablecoins, Spot BTC ETF: Reports | Coin Desk

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There may be one last chance to buy BTC at ‘bargain’ prices — Rekt Capital | Coin Telegraph

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Next Bitcoin Halving 2024 Date & Countdown [BTC Clock] | BuyBitcoinWorldwide

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Foreign Exchange Announcement:

"The United Arab Emirates' central bank marked a significant milestone by executing a $13.6 million cross-border digital dirham transfer to China via the mBridge central bank digital currency (CBDC) platform. Learn how this multinational collaborative effort is reshaping cross-border transactions."

mBridge (Multiple CBDC Bridge) is a multi-CBDC platform. It was developed to support real-time peer-to-peer, cross-border payments, and foreign exchange transactions using CBDCs.

This transfer of money from UAE to China took place on January 29th, 2024. It went through seamlessly and successfully digitally completing this transaction between two countries.

It was a significant amount of money being used in this transaction to test large transactions on the QFS.

The mBridge platform key has the ability to onboard multiple commercial banks from each in the network that is connected together.  Coinnounce

© Goldilocks

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Asia’s Prospects for A Soft Landing Have Improved | IMF

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Goldilocks' Comments and Global Economic News Tuesday Evening 1-30-24

Goldilocks' Comments and Global Economic News Tuesday Evening 1-30-24

Good Evening Dinar Recaps,

"China is rallying the Group of 77 developing countries to push for reform of the global governance system which – according to some leaders in Africa, Asia, and Latin America – disproportionately favours the West."

The IMF has a transformative role in our Global Economy. Do you remember all of the article fours that have been taking place since the pandemic began?

Each country around the world has been meeting with the IMF and preparing for a Global shift inside the new economy by getting prepared through Basel 3 requirements in their banking system.

The World Bank and IMF have a crucial role going forward in the implementation of a new BRETTON WOODS 3 agreement. 

Each country that has been meeting with the IMF have been working on creating a self-sustaining government supported by capital requirements and gold that will enable them to become a productive country on a Level Playing Field with the countries they trade with around them.

This will give them a competitive Global Currency Exchange rate capable of allowing them to trade with any country around the world. Modern Diplomacy Cryptopolitan
© Goldilocks
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"Today, the U.S. Department of the Treasury is using powerful tools to protect the Iraqi and international financial system from abuse by terrorist financiers, fraudsters, and money launderers."

The Office of Foreign Assets Control (OFAC) is currently involved with Iraq to make their electronic transactions safe and secure in order that the international banking system will develop a level of trust once again.

With the help of artificial intelligence, the US is currently capable of targeting people and institutions who are abusing the financial system in Iraq. The ability to sanction specific people and targets of interest through artificial intelligence takes us to a much different place than before in our ability to create a safe environment for exchanges in Iraq and those who trade with them.

These new mechanisms will be used all over the world to create specific tools targeting terrorist transactions going forward. We live in a different world my friends.   

© Goldilocks
https://home.treasury.gov/news/press-releases/jy2053

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The Central Bank of Iraq revealed that the US Treasury Department imposed sanctions on Al-Huda Bank of Iraq, attributing the reason to its activities in 2022.

The Central Bank of Iraq stated that the bank did not participate in the foreign currency buying and selling window during the year 2023, stressing that it is continuing to provide its services. Banking without dealing in US dollars and is allowed to deal in other foreign currencies.

Central Bank of Iraq  Information Office   30 -  CBI:  https://cbi.iq/news/view/2509

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The stage is being set. Protections for Iraq to have a "suitable environment for entry into the Global Economy" are continuing to develop.

Do you remember when the CBI said these words? We are bearing witness to them having been said long ago.  These were the words that were said to let us know when they were planning to move back into the international stage.  History is coming full circle and revealing itself to us in so many ways.

© Goldilocks

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BRICS & BITCOIN: THE DUO SET TO DETHRONE THE DOLLAR IN 2024 – MORGAN STANLEY   |   Cryptopolitan

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VeChain, a blockchain industry leader, has set its sights on using Distributed Ledger Technology (DLT) to transform global supply chains. As highlighted in a recent Crypto News Flash YouTube video, VeChain, which specializes in supply chain management systems, uses blockchain technology to provide decentralization, immutability, automation, and transparency to industries throughout the world.
CryptoNewsFlash Link

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In the realm of digital payments, India has witnessed a monumental shift, spearheaded by the Unified Payments Interface (UPI). As of December 2023, UPI recorded a staggering 857 million transactions in the current financial year, a testament to its dominant role in India’s digital payment landscape, commanding an impressive 62 percent market share in FY 2022-23. This surge in UPI transactions is a clear indicator of the country’s move towards a digitalized economy.  Jamaica Observer

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"Futures positioning indicates investors have started to buy China stocks" |  Investing
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BRICS vs G7 Iraq's Position #iqd Exchange Rate | https://youtu.be/fCwYLa0pgmA?feature=shared

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SEC likely to approve spot Ethereum ETFs on May 23: Standard Chartered | The Block

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Goldilocks' Comments and Global Economic News Tuesday AM 1-30-24

Goldilocks' Comments and Global Economic News Tuesday AM 1-30-24

Good Morning Dinar Recaps,

"Today, the U.S. Department of the Treasury is using powerful tools to protect the Iraqi and international financial system from abuse by terrorist financiers, fraudsters, and money launderers."

The Office of Foreign Assets Control (OFAC) is currently involved with Iraq to make their electronic transactions safe and secure in order that the international banking system will develop a level of trust once again.

With the help of artificial intelligence, the US is currently capable of targeting people and institutions who are abusing the financial system in Iraq. The ability to sanction specific people and targets of interest through artificial intelligence takes us to a much different place than before in our ability to create a safe environment for exchanges in Iraq and those who trade with them.

These new mechanisms will be used all over the world to create specific tools targeting terrorist transactions going forward. We live in a different world my friends.    

© Goldilocks

https://home.treasury.gov/news/press-releases/jy2053

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CHICAGO--(BUSINESS WIRE)--Federal Reserve Financial Services today announced the launch of FedDetect Anomaly Notification for FedACH® Services, a new risk management service that helps financial institutions identify anomalous activity and supplement their fraud detection and alerting tools. This new addition to FedACH Risk® Management Services allows financial institutions to receive notifications via secure email when anomalous FedACH activity is detected.

“This service will put timely information into the hands of financial institutions about anomalies that arise in day-to-day FedACH transactions,” said Mark Gould, FRFS chief payments executive. “We know our customers are increasing their investment in risk management tools, and we’re excited to offer another solution at no additional cost that helps them quickly address potential fraud and improve operational efficiency.”  BusinessWire

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A Paradigm Shift in Estate Planning: The Fully Decentralized Blockchain Trust™ - Newstrail

In a groundbreaking leap forward, the Blockchain Trust™ has transitioned from a visionary concept to a fully Decentralized reality, ushering in a new era of estate planning and asset protection. This innovative platform blends the timeless principles of a traditional trust with the cutting-edge capabilities of blockchain technology, presenting a secure, adaptable, and private solution for managing estates in the digital age.

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What Is Digital Asset Trading? Digital assets are anything created and stored virtually, which are perceived to have value. Powered by blockchain technology, digital assets include cryptocurrencies, non-fungible tokens (NFTs), asset-backed tokens and tokenized real estate.Nov 17, 2022  |  Caleb & Brown

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