Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Thursday Evening 3-06-25

Good Evening Dinar Recaps,

U.S. CRYPTO RESERVE NEWS: DONALD TRUMP TO REVEAL BITCOIN STRATEGY TOMORROW!

After doubts over Bitcoin reserve plans and fading sentiment, the market is buzzing again as Trump prepares to unveil a Bitcoin Strategic Reserve at the White House Crypto Summit on March 7

Commerce Secretary Howard Lutnick confirmed a national crypto strategy is in the works, sparking speculation on whether the U.S. will buy more Bitcoin or hold its 200,000 BTC. Bitcoin has reacted strongly, rebounding to $90K after dropping to $ 82 K.

Good Evening Dinar Recaps,

U.S. CRYPTO RESERVE NEWS: DONALD TRUMP TO REVEAL BITCOIN STRATEGY TOMORROW!

After doubts over Bitcoin reserve plans and fading sentiment, the market is buzzing again as Trump prepares to unveil a Bitcoin Strategic Reserve at the White House Crypto Summit on March 7

Commerce Secretary Howard Lutnick confirmed a national crypto strategy is in the works, sparking speculation on whether the U.S. will buy more Bitcoin or hold its 200,000 BTC. Bitcoin has reacted strongly, rebounding to $90K after dropping to $ 82 K.

Let’s dive into the Altcoin Daily analysis on Trump’s Bitcoin Strategic Reserve and what it means for you.

A National Crypto Reserve in the Making

Trump’s announcement has ignited speculation that the reserve may extend beyond Bitcoin. A Truth Social post hinted at a broader “National Crypto Reserve,” fueling discussions that Ethereum, Solana, XRP, and Cardano could be included.

While it’s uncertain if the government will buy these altcoins, speculation is growing that they might be accepted through donations. This could pave the way for major crypto firms to contribute assets in exchange for regulatory clarity and potential future advantages.

Crypto Leaders Gather at the White House

The White House Crypto Summit boasts a star-studded lineup, highlighting the weight of Trump’s initiative. Confirmed attendees include Ripple CEO Brad Garlinghouse, MicroStrategy’s Michael Saylor, Bitcoin Magazine’s David Bailey, and Chainlink’s Sergey Nazarov, along with CEOs from Coinbase, Kraken, Robinhood, and Crypto.com

Key government officials, including acting SEC and CFTC chairs, will also be present. Unconfirmed reports hint at appearances from Solana’s Anatoly YakovenkoCardano’s Charles Hoskinson, and Ethereum’s Vitalik Buterin. The event’s high-profile nature underscores a serious move toward shaping the U.S. crypto strategy.

How Will the U.S. Fund This Move?
Michael Saylor, in a recent interview, suggested that while Trump could issue an executive order to set the framework, actual purchases might require congressional approval. However, an alternative strategy exists. The Federal Reserve holds gold certificates valued at 1970s prices.

 By selling these and converting the proceeds into Bitcoin at current market rates, the U.S. could accumulate a significant BTC reserve without new spending.

A Turning Point for Crypto Regulation?

Altcoin Daily analyst suggests that Trump’s upcoming announcement could shake up the entire crypto market. Just before Trump’s statements, a trader made a massive $200 million bet on crypto and has also named himself March 7, raising questions about whether they had inside information.

While the announcement might not reveal the full plan, analysts believe it could give a clearer picture of how the U.S. government plans to deal with crypto in the future. At this point, it’s not about whether the U.S. will create a Bitcoin reserve—it’s about whether it will focus only on Bitcoin or include other cryptocurrencies as well.

On the flip side, Solana co-founder Anatoly Yakovenko dismissed the idea of an SOL reserve, warning that government control would undermine decentralization. However, he reassured the Solana community, stating that if there’s a goal to achieve, the ecosystem will rise to the challenge.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

INDIA OFFICIALLY DISMISSES BRICS CURRENCY, PRAISES THE US DOLLAR

The Modi government is placing a ledge on the de-dollarization ideals and making way for the US dollar to thrive. BRICS member India has once again rejected the prospects of a new currency and praised the US dollar for maintaining global stability. India’s Foreign Minister S. Jaishankar spoke in favor of the US dollar sidelining the idea of launching a new currency on the global stage.

India is the only country in the bloc that is moving away from the formation of a new common currency. BRICS members Russia, China, and Iran are aggressively pursuing the agenda to topple the US dollar from the world’s reserve currency status. 

The alliance is now divided as India is stepping aside and Brazil also revealed that they plan to drop the idea of a BRICS currency.

India Wants the US Dollar & Not BRICS Currency

Speaking at a session titled ‘India’s Rise and Role in the World’ in London, Jaishankar confirmed that they’re not interested in BRICS currency“I don’t think there’s any policy on our part to replace the US dollar. As I said, at the end of the day, the dollar as the reserve currency is the source of international economic stability. And right now, what we want in the world is more economic stability, not less,” he said.

The statement from Jaishankar is at odds with what Russia, China, and Iran intend to streamline the alliance. India is on a different path and has openly embraced the US dollar rejecting the prospects of a BRICS currency. The move will make it tougher to launch a common currency as the decisions of the bloc are based.

The formation of a new BRICS currency could take longer than expected due to the ongoing divisions. In conclusion, the de-dollarization agenda might not take off in the coming years making the US dollar reign supreme for longer.

@ Newshounds News™

Source:  Watcher Guru

~~~~~~~~~

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More News, Rumors and Opinions Thursday PM 3-6-2025

Ariel:   March Madness

Iraq now says it is waiting on Kurdistan to give them the go. Now that they are a few days away from leaving the control of Iran over their energy sector by March 8th.

 They have become much more confident that their 2025 budget will benefit their economy since all revenue will now be counted in their domestic currency.

Which will give their currency more value. And they will become a economic powerhouse.

 Not to mention Turkey confirmed Ceyhan Port is ready; and pipeline inspections are now completed and ready for operational usage.

Ariel:   March Madness

Iraq now says it is waiting on Kurdistan to give them the go. Now that they are a few days away from leaving the control of Iran over their energy sector by March 8th.

 They have become much more confident that their 2025 budget will benefit their economy since all revenue will now be counted in their domestic currency.

Which will give their currency more value. And they will become a economic powerhouse.

 Not to mention Turkey confirmed Ceyhan Port is ready; and pipeline inspections are now completed and ready for operational usage.

And it was already stated that KRG must transfer oil to SOMO under new budget amendments. So we now know they are ready to go international at any time now. Forex market is about to get a new member on the trading block.

https://dinarchronicles.com/2025/03/05/ariel-prolotario1-march-madness/

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  The Development Road project has global support and that is clear as day to me.  What we see today, Iraq is ready for their revaluation of their currency.  Why...?  Inflation levels - low.  Interest rates high globally, which is good, key.  Economic performance of their GDP, which they're going to grow, which is huge. Foreign investment and government policies in place for investors.  And overall market sentiment.  A countries currency is revalued when its economic strength is perceived right.

Frank26   Look at the 8 oil companies that do not want to start the flow of the oil.  Ask yourself, why?  IMO the answer is because the new exchange rate has not been revealed to them yet.  Sudani protects it until he is ready...If and when the oil starts flowing, it should be with the same new exchange rate that is in the budget...This oil cannot flow at 1310.  It's literally impossible mathematically let alone financially...

************

KTFA:

Clare:  Owner of a "fake" exchange office arrested in Basra with about a quarter of a million dollars in his possession

3/6/2025

Basra Police Command announced on Thursday the arrest of the owner of a "fake" exchange office who smuggles dollars through remittances.

The command said in a statement received by Shafaq News Agency, "The arrest of the accused came after forming a specialized work team and setting up a tight ambush for him. A sum of money amounting to 235 thousand and 470 dollars, 112 million Iraqi dinars, and two phones containing details of the transfers were seized from him."

She added, "The necessary legal measures were taken against him to complete his investigation papers." LINK

BREAKING: The Demand for the IQD is Increasing Here's Why

Edu Matrix:  3-6-2025

BREAKING: The Demand for the IQD is Increasing Here's Why #iqd Iraq’s Development Road Project is set to revolutionize trade and boost the Iraqi Dinar (IQD) by increasing demand for the currency.

This $17 billion infrastructure project will connect the Gulf to Turkey and Europe, creating a faster, more cost-effective alternative to the Suez Canal.

As international businesses use the IQD for shipping and trade payments, its value is expected to rise due to the scarcity formula. Learn how this massive initiative will strengthen Iraq’s economy, attract foreign investment, and impact the future of the IQD.

https://www.youtube.com/watch?v=5PxwWD902vk

Gold Strong as US Crypto Reserve Sparks Fear of Rigged Markets

Taylor Kenny:  3-6-2025

The U.S. Crypto Reserve was supposed to signal innovation—but instead, nearly half a trillion dollars vanished from the market.

 "This looks like an intentional wealth transfer," warns Taylor Kenney, as fears of manipulation grow. With debt skyrocketing and trust in fiat crumbling, where are investors turning?

https://www.youtube.com/watch?v=fvrw4LgO9io

 

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Economics, Gold and Silver, News DINARRECAPS8 Economics, Gold and Silver, News DINARRECAPS8

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 3-06-25

Good Afternoon Dinar Recaps,

ESMA ACCUSED OF OVERREACH RE NON-EU CRYPTO PROVIDER GUIDANCE

Last Thursday Europe’s Target2 (T2) and Target2 Securities (T2S) interbank payment systems went down throughout normal business hours.

The European Central Bank (ECB) extended operating hours until midnight, as the system only came back online at 18:00, when the real time gross settlement (RTGS) would usually be taking its last instructions. It’s a relatively rare failure, but not unheard off – another outage of similar scale happened in October 2020.

Good Afternoon Dinar Recaps,

ESMA ACCUSED OF OVERREACH RE NON-EU CRYPTO PROVIDER GUIDANCE

Last Thursday Europe’s Target2 (T2) and Target2 Securities (T2S) interbank payment systems went down throughout normal business hours.

The European Central Bank (ECB) extended operating hours until midnight, as the system only came back online at 18:00, when the real time gross settlement (RTGS) would usually be taking its last instructions. It’s a relatively rare failure, but not unheard off – another outage of similar scale happened in October 2020.

There was one critical difference. The 2020 outage was on a slow Friday afternoon. This year’s was the day before month end, a busy time for both mainstream payments and securities settlement.

If there were a wholesale central bank digital currency (wCBDC) system, similar to the Banque de France’s DL3S, would that help to provide redundancy? At this stage our analysis is only ‘maybe’ and it will take a while.

Database failures and blockchain redundancy

At first the ECB identified a database error. Hence, it initially thought it couldn’t switch to the failover location because it was corruptedLate in the day it found the problem was “an infrastructure component,” which we’d assume means a hardware failure. Hence, the database was switched to the failover location and the system was restarted after checks.

Without using blockchain, it’s possible to replicate databases in real timeThat’s the way most large internet systems workAnd from the description, we believe T2 does this.

Until recently, the approach used to be referred to as a master and slave database, which while politically incorrect, describes the relationship more clearly than primary and secondary.

If the primary database has been corrupted in some way, the replicated database is a copy that’s in exactly the same state. However, if one can identify a point (or transaction) where the problem starts, it’s often possible to roll back a few transactions on the replica, and get up and running from there.

By contrast, a blockchain works differentlyLike database replications, there are multiple nodes

But it provides redundancy because in the case of validating nodes (which can write to the ledger), each node’s ledger contents are not just copied from the primary ledger, they’re independently created based on transaction verifications. A bogus transaction can get approved by all nodes, but is likely to be deliberate.

The two bucket metaphor

An imperfect analogy is havings two taps, each with a bucket. In the replicated database case, one bucket has a flow of water and reaches a certain level.

The second bucket then has a tap that automatically switches on and aims to get to the same level. By then, the first tap is already filling up further.

In the blockchain case, the taps would drip water into their respective buckets in a synchronized fashion at the same rate.

However, blockchains aren’t really designed for situations where just one party (the central bank) writes transactions. If the sole purpose is redundancy, it’s a significant overhead to run a blockchain system that has to arrive at a consensus between nodes in order to write to multiple separate databases.

On the other hand, if there’s another purpose, such as enabling atomic settlement for securities transactions and programmability, then it might just be worth it.

The ECB has other redundancies

The ECB already has multiple strategies for T2 redundancy. In addition to the failover location, there’s also the Enhanced Contingency Solution II (ECONS II). However, it does not have the same level of functionality as T2, so it was only used for foreign exchange payments to CLS and margin calls by central counterparties (CCPs).

If something like France’s wCBDC had been in production, it would still need to tokenize money transferred from the RTGS (or escrowed) in order to function. 

So in the first instance, if T2 was down, the wCBDC might also be out of action. If ECONS II were allowed to be used for banks  to top up their wCBDC balances, then banks could potentially make some settlements that way. But ECONS II often requires additional collateral from banks.

There’s a much bigger reason why a wCBDC – in the early stages – is unlikely to help with redundancywCBDC systems are not designed to clone the functionality of an RTGS.

They usually have specific purposes targeted at the settlement of transactions relating to tokenized assets, whether that’s a digital bond or the interbank settlement of tokenized deposits. Hence, their integration with commercial bank systems will be focused on these functionalities alone.

That said, if there were a tokenized deposit system that was up and running with most banks onboarded, in a crisis it might be possible to switch to tokenized deposits and wCBDC as a primary solution for payments. But we’re currently a way off from that happening.

@ Newshounds News™

Source:  Ledger Insights

~~~~~~~~~

ECB CUTS INTEREST RATES TO 2.65% – WHAT IT MEANS FOR MARKETS & CRYPTO

The European Central Bank has reduced key interest rates to 2.65% to stimulate economic growth.

▪While lower rates may boost markets, inflation remains a concern, and bond market volatility suggests potential instability.


Geopolitical factors and internal ECB divisions make future rate cut timelines and impacts unpredictable.

The European Central Bank (ECB) has cut interest rates to 2.65%, down from its previous peak of 4.5%. This move follows a global trend where central banks are easing financial policies to support economic growth. In the U.S., traders expect at least three rate cuts from the Federal Reserve in 2025, while Germany and China are using government spending to keep their economies stable.

ECB’s Rate Cut: What Changed?

According to the ECB’s statement, key interest rates have been reduced by 0.25 percentage pointsThe deposit facility rate is now 2.50%, the main refinancing rate 2.65%, and the marginal lending rate 2.90%These changes take effect on March 12, 2025.

Lower interest rates typically increase the flow of money, which can boost stock markets and riskier assets like cryptocurrencies. Analysts believe this easing cycle could push crypto prices higher, despite concerns over slowing economic growth. However, some worry that cutting rates too aggressively could cause long-term issues, especially since inflation in Europe is still above the ECB’s 2% target.

Bond Markets in Chaos

The bond market has already respondedGermany’s 10-year government bond yield has surged to 2.8%, its highest level in over a decade. This has narrowed the gap between German and U.S. bond yields, putting downward pressure on the U.S. dollar. The situation is similar to market shifts seen during Donald Trump’s first term, when global financial changes impacted currency values.

Meanwhile, U.K. bond yields have also risen, now surpassing those of the U.S. In Japan, the country’s 10-year bond yield has reached 1.5%, its highest in 17 years. The Bank of Japan, which recently raised interest rates after years of keeping them low, is now struggling to keep inflation in check.

Will Crypto Benefit From Lower Rates?

While the ECB’s rate cut may provide short-term relief, financial markets remain uncertain. If bond market volatility continues, investors might be more cautious with riskier assets like cryptocurrencies. While lower interest rates usually benefit crypto, sudden market changes could still bring instability.

Uncertainty Ahead: Inflation, Politics, and Growth Risks

Market analyst Max Wienke notes that while the ECB is expected to cut rates further, the outlook remains unclear. Inflation in the Eurozone has dropped slightly to 2.4%, which supports more rate cuts. However, unpredictable factors—such as Trump’s trade policies and the ongoing Ukraine war—add complexity. Divisions within the ECB are also growing, making it harder to predict the pace of future cuts.

The key concern is balancing inflation control with economic growth: aggressive easing could fuel inflation, while slow cuts might weaken recovery.

@ Newshounds News™

Source:  Coinpedia

Twitter 1

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BREAKING: TEXAS SENATE PASSES BITCOIN RESERVE BILL

This marks a major breakthrough for state-level SBR bills that so far have struggled to gain traction.

The Texas Senate has just voted in favor of a strategic Bitcoin reserve bill (SBR). The bill (SB21) has passed in a 25-5 voteThis marks a significant breakthrough for state-level SBR bills after some other states rejected them in quick succession.        

Senator Charles Schwertner has stated that Bitcoin has proven itself to be "the most preferred because of its limited supply and adaptability."

The SB21 bill, which was originally filed on Feb. 12, stipulates that the reserve would be funded from appropriations, revenues as well as donationsIt does not set a specific investment limit. 

It allows investing in Bitcoin or an altcoin that has a market capitalization of at least $500 billion.  Overall, more than 20 states have already introduced state-level SBR bills.

@ Newshounds News™

Source:  U Today

~~~~~~~~~

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Newshound's News Telegram Room Link

Q & A Classroom Link  

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The Latest Bad Premise Could Be a Disaster for the US Dollar

The Latest Bad Premise Could Be a Disaster for the US Dollar

Notes From the Field By James Hickman (Simon Black) February 27, 2025

On October 20, 2022, Liz Truss resigned as UK prime minister after just 44 days in office—the shortest tenure in British history.

She was brought down not by a no-confidence vote or a party coup, but by a full-scale bond market rebellion.

Her government’s proposed mini-budget, featuring sweeping tax cuts, triggered a historic sell-off in UK government bonds (gilts), sending yields soaring and the pound crashing.

The Latest Bad Premise Could Be a Disaster for the US Dollar

Notes From the Field By James Hickman (Simon Black) February 27, 2025

On October 20, 2022, Liz Truss resigned as UK prime minister after just 44 days in office—the shortest tenure in British history.

She was brought down not by a no-confidence vote or a party coup, but by a full-scale bond market rebellion.

Her government’s proposed mini-budget, featuring sweeping tax cuts, triggered a historic sell-off in UK government bonds (gilts), sending yields soaring and the pound crashing.

As panic spread, the Bank of England was forced to intervene to prevent a financial meltdown, and with markets, party members, and the public losing faith, Truss’s premiership collapsed.

Such is the fate of governments when they don’t control the global reserve currency.

The US government should heed this warning.

But it seems more likely to barrel ahead with the false premise: America will always remain THE dominant global superpower that can do whatever it wants.

That’s the subject of today’s podcast.

We discuss these types of false premises— Iraq has weapons of mass destruction, it will take just two weeks to stop the spread of COVID— mistakes that over and over cost the US trillions of dollars.

And nowhere is this more egregious today than in the idea that the US dollar will remain the reserve currency, whatever the US does to push other countries away.

We talk about how a series of laws has escalated the weaponization of the US dollar, starting with the PATRIOT Act in 2001, then FATCA in 2010, and the freezing of Russia’s US assets in 2022.

Now, the Mar-A-Lago Accord is being floated, which includes an idea to strong-arm US allies into swapping their US Treasuries for 100-year, non-tradeable, zero-coupon bonds.

After all, the argument goes, the US provides defense for much of the world, it is only right that other nations should pay for it in some way.

But we discuss why this is such a bad idea, and how it will only push countries into finding alternatives for the US dollar, robbing the US of its power to influence global affairs with the currency, and stripping the US dollar of much of its demand, and therefore value.

You can listen to the full podcast here.

(For the audio-only version, check out our online post here.)

To your freedom,  James Hickman  Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/podcast/the-latest-bad-premise-could-be-a-disaster-for-the-us-dollar-podcast-152145/

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The Public Debt Explosion and What it means for Markets

The Public Debt Explosion and What it means for Markets

Kinesis Money:  3-6-2025

The world is drowning in debt. This isn’t breaking news, but the sheer scale and potential consequences of the ongoing public debt explosion are increasingly demanding attention.

In a recent episode of Kinesis Money’s “Talking Trades,” market analysts Patrick Karim and Kevin Wadsworth delved deep into this issue, exploring what runaway debt actually means for markets and investors.

So, what does this debt explosion entail? Simply put, it’s the rapid increase in the amount of money governments owe to individuals, businesses, and other countries.

The Public Debt Explosion and What it means for Markets

Kinesis Money:  3-6-2025

The world is drowning in debt. This isn’t breaking news, but the sheer scale and potential consequences of the ongoing public debt explosion are increasingly demanding attention.

In a recent episode of Kinesis Money’s “Talking Trades,” market analysts Patrick Karim and Kevin Wadsworth delved deep into this issue, exploring what runaway debt actually means for markets and investors.

So, what does this debt explosion entail? Simply put, it’s the rapid increase in the amount of money governments owe to individuals, businesses, and other countries.

This debt accumulates when governments spend more than they collect in revenue, forcing them to borrow to cover the shortfall.

The discussion also explored the implications for specific markets. Karim and Wadsworth pointed out that assets perceived as safe havens, like gold and silver, tend to perform well in environments of high debt and currency debasement.

 They also emphasized the importance of carefully analyzing individual companies’ debt levels and financial health, as those with high debt burdens may be particularly vulnerable to rising interest rates and economic downturns.

The growing public debt explosion presents a complex and multifaceted challenge for markets and investors. While the exact timing and magnitude of its impact remain uncertain, the potential consequences are significant.

The key takeaway from Karim and Wadsworth’s analysis is the need for vigilance and informed decision-making. Investors should consider diversifying their portfolios, allocating assets to safe havens, and carefully evaluating the debt levels of the companies they invest in.

By understanding the potential risks and opportunities associated with the public debt explosion, investors can better navigate the turbulent waters ahead and protect their wealth.

https://youtu.be/JQ-luZivnqg

 

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“Coffee With MarkZ” Thursday Morning Chat 3-6-2025

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Gooood morning Mark, mods and fellow RV’ers!

Member: Happy Thursday! I hope it is a good one.

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Gooood morning Mark, mods and fellow RV’ers!

Member: Happy Thursday! I hope it is a good one.

Member: Any bond or RV news today Mark?

MZ: There are many stories of people who have been processing throughout the week. They are being told they plan to have them all done by the 17th or 18th of March. So IMO we can go at anytime between now and then.

MZ: I do have somebody who expects to keep their appoint to change their currency late this afternoon. , I think they may be premature. I should know by tonight if they are allowed to or not….it may be a banker who was optimistic and set the appointment. They have not yet canceled it.

MZ: It would make my day if they got to exchange. Even if the bank jumped the gun.

Member: I have heard that the Tier 1 ( Bonds) goes first, and provides liquidity for Tier 2 through Dubai 1, and each Tier provides liquidity for the next... .

Member: Mtn Goat posted that until Iran was broken completely and out of Iraq’s business that the US would never allow the dinar to be released. What are your thoughts?

MZ: I think Iran is now pretty much out of Iraq.

MZ: “Tomorrow : the end of the US “manhunt” for exporting Iranian gas to Iraq”  this is part of removing the Iranian influence. Many say this is the last step on severing this tie.

Member: US has 500 spec ops soldiers that will be doing militia cleanup this weekend assisting Iraqi forces

Member: The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Tuesday, that there are 20 Iraqi banks that practice direct transfer operations in 8 foreign currencies.

MZ: And they are getting ready to add other banks.

MZ: “After a stalemate of several weeks- parliament plans a Saturday session”  Even though it is Ramadan…they are having a session.

Member: Keep in mind... Kuwait RV'd during Ramadan...!

MZ: “ The minister of oil announces the imminent activation of the export file through the Turkish port of Ceyhan”  In the next couple days they tell us oil will be pumping freely.

MZ: “Sudani issues directives on the development of electronic banking systems and the promotion of digital transactions”  They have to have an business bank account in an Iraqi bank. This is part of the new monetary reforms.

MZ: There are a couple of new currencies: “Nambia’s new currency series set for June”

MZ: The Caribbean gildor is expected March 31st. Many countries are doing the same thing. Iraq is one of them. Vietnam is talking about new bills and currency. Worldwide many are talking about new bills and new currency.

Member: We got all new bills in the UAE this year and last

​​Member: Everyone is moving to stable gold backed currency

Member: I wonder- will all these new currencies have to be in place for us to RV?

Member: Bo Polny says the prophets say crash of the DOLLAR to bring out the new gold-backed dollar, expected next week

Member: Hmm gotta ask ourselves why new currencies coming out....makes me warm and fuzzy

Member: Trump's currency parity seems to imply each currency should be at least dollar to dollar

Member: Namibia. huge oil deposit there.

Member: Since we have been waiting so long-Will the two inches of dust on our currency and bonds affect the Delarue machines?

MZ: Just dust them off…lol

Member: Could a government shutdown trigger the RV?

MZ: It sure could.

Member: I don’t care who flips the switch…as long as it gets flipped

MZ: 99.9% of us agree with you.

Member: Chase bank story-my brothers friend called St Louis Chase bank last week, Asked teller about currency exchange, teller knew about it and transferred him to a wealth manager immediately

Member: I asked a personal banker “ where would I go if I had some foreign currency that needed to be exchanged?” She told me to make an appointment and they could do it at that branch… Wells Fargo.

Member: How do they know who to send emails to? Other than recaps, how would anyone know I have exchangeables?

Member: According to Mark and other Gurus, if you have purchased any currency from legit sites, they know.

Soooo what"s the plan? The day "you" Mark, go to exchange...you will wear your gold attire?

Member: I know this will happen. This has taken so long but the reset is necessary for the GCR.

Member: could we see the light in the end of the tunnel this month?

Member: Dear God- I hope so.

Member: Always said we will see green on St Patrick's Day!

Member: Hope springs eternal. Everyone have a good day.

StacieZ joins the stream today. Please listen to the replay for her information

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

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

 ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL  TUESDAY THROUGH THURSDAY EVENINGS FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!  FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:     https://www.youtube.com/watch?v=mnd_AlOxdiI

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News, Rumors and Opinions Thursday 3-6-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 6 March 2025

Compiled Thurs. 6 March 2025 12:01 am EST by Judy Byington

Wed. 5 March 2025: GLOBAL CURRENCY RESET: THE MOMENT HAS ARRIVED …Nesara Gesara on Telegram

Mon. 3 March 2025 – This is it: The world is shifting before our eyes.

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Thurs. 6 March 2025

Compiled Thurs. 6 March 2025 12:01 am EST by Judy Byington

Wed. 5 March 2025: GLOBAL CURRENCY RESET: THE MOMENT HAS ARRIVED …Nesara Gesara on Telegram

Mon. 3 March 2025 – This is it: The world is shifting before our eyes.

Trump’s SOTU-style address is expected to change everything. NESARA/GESARA, the New Republic, the end of fiat, and the Global Currency Reset—all signs point to MAJOR announcements.

Bondholders are (allegedly)  getting paid, confirmations are rolling in. Private sector transactions are (allegedly) 100% confirmed. Sources say Trump (allegedly) signed off on the RV days ago. The moment of activation is NOW.

Trigger groups are (allegedly) starting TODAY. Notifications could go out at ANY MOMENT. Spendable money is coming—stay alert. Paymasters and banks are on HIGH ALERT.

Redemption centers set to open for a month—THIS IS NOT A DRILL. Exchanges have (allegedly) been scheduled at major banks. High-level sources confirm financial realignments are IMMINENT.

March 3, 2025: US Inc. DISSOLVED. The Fiat monetary system is (allegedly) OVER. The privately-owned Federal Reserve and IRS are (allegedly) SHUTTING DOWN. BlackRock—the Cabal’s financial arm—is BANKRUPT.

All non-Basel III compliant banks WILL CLOSE. The era of free, manipulated money is OVER. Gold-backed currency is here.

NESARA/GESARA ACTIVATED. The Quantum Financial System (QFS) is (allegedly) live, bringing the greatest wealth transfer in history. 134 nations are (allegedly) abandoning fiat dollars—gold-backed currencies are the new reality.

The new U.S. Republic(allegedly)  begins its fiscal year under a gold-backed US Note. The Global Currency Reset is now a REALITY.

~~~~~~~~~~~~~

Wed. 5 March 2025 Quantum Financial System …QFS on Telegram

QFS Functions and Characteristics: (allegedly)

No fiat currency is legal in QFS. Banks are no longer in control. Banks are now obsolete!

QFS puts an end to corruption, and manipulation within the banking system and Central Banking system.

QFS is completely independent from existing centralized banking systems; makes all other transfer systems obsolete.

QFS is not crypto-currency. After REVAL (re-evaluation) all sovereign currencies will be asset-backed.

QFS activation ends “Central Banking System” that perpetuates what some refer to as “Debt Slavery.”

QFS is alive with controllable Artificial Intelligence that creates financial security and transparency.

A country’s sovereign currency will have the same value as another country’s sovereign currency.

Each QFS account throughout the world will be solely owned by the account holder, not owned by banks or governments.

QFS replaces SWIFT with new transparent CIPS (Cross-Border Interbank Payment System).

QFS runs on a new Photonic Computer – based on 24 GPS orbiting satellites (protected by the new U.S. Space Force). All funds are GPS traceable forever.

~~~~~~~~~~~~

Alliance Plan

NESARA/GESARA Debt Forgiveness implementation

QFS implemented

Federal Reserve dead, IRS under new US Treasury

New tax system where there is only a 14% tax on new items bought only, no tax on food or medicine, wages, etc.

Read full post here:  https://dinarchronicles.com/2025/03/06/restored-republic-via-a-gcr-update-as-of-march-6-2025/

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Sandy Ingram  Changes are happening in Iraq.  We can only hope this means an increase, even a small increase, in the value of the currency is on the agenda further down the road.  We have reason to believe the value of the currency will automatically push up once the Development Road Project is in place...

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:It appears to us there was no auction on Monday.  We don't see anything on the television and the news like usual.  We don't see it... FRANK:  We noticed that too that there were no auctions.  I really don't care...The auctions are no longer important to us but I'd like to see the flow of money, of cash money, I don't know if this is Sudani's way of continuing to hide information from Parliament.  That's the only reason I can come up with... 

************

Gold/Silver Price Suppression Failing? | Andy Schectman

Liberty and finance:  3-5-2025

Andy Schectman, CEO of Miles Franklin Precious Metals, discussed key developments in the precious metals market, particularly gold and silver.

He emphasized the increasing resilience of precious metals, noting the unusual rise in standing deliveries on COMEX, signaling significant interest from sophisticated traders, nation-states, and central banks.

Schectman highlighted the massive delivery of silver and gold, particularly noting the shift in bullion from major commercial banks to non-bullion entities, which may involve sovereign wealth funds.

He also discussed the growing uncertainty in global markets, with major investors like Warren Buffett holding substantial cash reserves and treasury bonds. Schectman warned of a potential shift in the financial landscape, urging viewers to pay attention to these developments as they signal a possible coming crisis in the precious metals markets.

INTERVIEW TIMELINE:

 0:00 Intro

1:46 Gold's rebound

 10:00 Insider stock selling

 20:00 LBMA & COMEX

33:31 Silver vs gold

https://www.youtube.com/watch?v=p5By-qTjh1o

 

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Iraq Economic News and Points to Ponder Thursday AM  3-6-25

Iraq Increases Its Gold Reserves By 10 Tons

Money and business   Economy News – Baghdad  The World Gold Council announced on Wednesday that Iraq has increased its reserves of the precious metal by 10 tons.

According to the latest schedule published by the Council in March, which was reviewed by Al-Eqtisad News, “Iraq increased its gold holdings by 10 tons, bringing its holdings to 162.7 tons, after it was 152.7 tons last month, which represents 13.6% of its remaining reserves.”

Iraq Increases Its Gold Reserves By 10 Tons

Money and business   Economy News – Baghdad  The World Gold Council announced on Wednesday that Iraq has increased its reserves of the precious metal by 10 tons.

According to the latest schedule published by the Council in March, which was reviewed by Al-Eqtisad News, “Iraq increased its gold holdings by 10 tons, bringing its holdings to 162.7 tons, after it was 152.7 tons last month, which represents 13.6% of its remaining reserves.”

He added, "Iraq reached the 28th rank on the list out of 100 countries included in the table," indicating that "Iraq came in fourth place in the Arab world after Saudi Arabia, Lebanon and Algeria."

The Council pointed out that "the United States of America tops the list of countries with the largest gold holdings in the world, with 8,133 thousand tons, followed by Germany with 3,351 thousand tons, then Italy with 2,451 thousand tons, while Iceland came in last with 2 tons."

Increasing gold reserves means increasing the amount of gold held by the state or the central bank as a financial reserve, in order to enhance financial security and the ability to confront economic or financial crises.

The World Gold Council is headquartered in the United Kingdom, has extensive experience and deep knowledge of the factors that cause market change, and its members consist of the largest and most advanced gold mining companies in the world.  https://economy-news.net/content.php?id=53153

Oil: Negotiations With An American Company To Develop The Oil Side Of The Nahr Bin Omar Field

Energy  Economy News – Baghdad  The Ministry of Oil announced, on Wednesday, that there are negotiations with the American company Halliburton to develop the Nahr Bin Omar field in Basra.

The Undersecretary of the Ministry of Oil for Extraction Affairs, Basem Mohammed Khader, said in a statement reported by the official news agency, and seen by "Al-Eqtisad News", that "the Nahr Bin Omar field is an oil and gas field, as the contract for the gas was signed and the contracting company began its work."

He pointed out that "there are negotiations with the American company Halliburton to develop the oil side of the field, in line with the gas investment project in the Bin Omar River."

He explained that "the gas project aims to produce about 300 million standard cubic feet per day, in two phases," stressing that "the establishment of gas facilities requires a long time, and the minimum period for their establishment and operation is estimated at about three years." https://economy-news.net/content.php?id=53161

Basra Oil Falls By More Than 2%

Wednesday 05 March 2025 09:12 | Economic Number of readings: 266  Baghdad / NINA / The prices of Basra heavy and medium crude oils continued to decline by more than 2%.

The prices of Basra heavy crude fell by $2.11, equivalent to 2.96%, to reach $79, while the prices of Basra medium crude fell by $2.11, equivalent to 2.84%, to reach $72.12.

Brent crude today recorded a decrease of 31 cents and reached $70.076 per barrel, and the US Texas crude also recorded a decrease of 64 cents to reach $67.63 per barrel. / End https://ninanews.com/Website/News/Details?key=1190089

Government Advisor: Iraq Development Fund Targeted 6 Key Sectors

Mohammed Al-Najjar  Construction and reconstruction   Economy News – Baghdad  On Wednesday, the Prime Minister's Advisor for Investment Affairs, Mohammed Al-Najjar, explained the strategy adopted by the Iraq Development Fund to ensure the implementation of projects efficiently and transparently, while pointing to the role of international auditing companies in this context.

Al-Najjar said in a statement reported by the official news agency, and reviewed by "Economy News", that "the Iraq Development Fund targeted 6 main sectors in its investments, and these sectors were chosen because they represent Iraq's crises, as we invest in housing, education, digital transformation, smart industry, smart agriculture, and the environment, and each unit of them is a major crisis, and the fund turns this crisis into commercial and economic opportunities that investors benefit from to help us find sustainable solutions to it."

He added, "Every project launched by the Fund looks at a set of criteria. The first criterion is the amount of employment created by these projects, and there are two types of employment: employment during implementation and employment after operation."

“As for industry, we expect 30 to 40 percent of the materials that will be used to be locally made,” he continued, explaining that “now we can provide part of the iron and a large percentage of the cement locally, while most of the remaining materials are imported.

We hope that by launching these major projects, they will be transformed and there will be a great need to establish these factories, and we, as a fund, are now supporting the establishment of a ceramic factory, a brick factory, factories that support our industry, and factories for school trips, among others.”

He pointed out that "the fund is audited in three aspects, including the presence of a body that submits separate reports from the executive management to the board of directors, and this process is managed by an international company, and there is another company that audits the fund's operations, which is like accounting, and this is also another company different from the first, and thirdly, there is the Financial Control Bureau that conducts the local audit of what we do."

He pointed out that "the fund works within global standards and governance, the aim of which is to find or create a fund capable of being a repository for foreign investments when they enter Iraq,"

 noting that "Iraq's previous and current laws do not qualify it to bring direct investments into state departments and so on because they are not compatible with the world, and in the fund, its establishment and governance, we made them compatible with the laws of the world." https://economy-news.net/content.php?id=53163

The Annual Inflation In Iraq Decreased To 2.8%
 
Economics  Shafaq News/ The Central Bank of Iraq announced today, Wednesday, the decrease in the country's annual inflation to 2.8%. The bank said in a statement received by Shafaq News, that 

"the annual inflation decreased in Iraq from 4% to the fourth semester of 2023 to 2.8% for the same semester of 2024." He added that
 
"the basic inflation also decreased from 4.5% for the fourth semester of 2023 to 2.5% for the same semester of 2024." He pointed out that
 
"general and basic inflation falls at acceptable rates, and
 
this reflects the price stability and the success of monetary policy in Iraq."
 
Iraq witnessed fluctuations in inflation rates during the past years.
 
Future expectations vary; Where reports in October 2024 reported the expectations of the International Monetary Fund, a slight increase in the inflation index in Iraq to 3.5% in 2025, with a decrease to 3% by 2029.
 
The low inflation means a decrease in the increase in the annual price of goods and services, which enhances the purchasing power of citizens and reflects economic stability.     https://shafaq.com/ar/اقتصـاد/انخفاض-التضخم-السنوي-في-العراق-لى-2-8  

 

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

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Seeds of Wisdom RV and Economic Updates Thursday Morning 3-06-25

Good Morning Dinar Recaps,

WHITE HOUSE CRYPTO SUMMIT 2025: EVERYTHING IMPORTANT YOU NEED TO KNOW

The White House Crypto Summit on March 7 will bring together crypto industry leaders and regulators for a night that many believe could shed more light on President Trump’s plans for crypto in the U.S. Here’s what you need to know
.

According to FOX Business journalist, Eleanor Terrett, the summit will be a gathering of around 20 to 25 people at a roundtable setting hosted at the White House.

Good Morning Dinar Recaps,

WHITE HOUSE CRYPTO SUMMIT 2025: EVERYTHING IMPORTANT YOU NEED TO KNOW

The White House Crypto Summit on March 7 will bring together crypto industry leaders and regulators for a night that many believe could shed more light on President Trump’s plans for crypto in the U.S. Here’s what you need to know
.

According to FOX Business journalist, Eleanor Terrett, the summit will be a gathering of around 20 to 25 people at a roundtable setting hosted at the White House.

The White House Crypto Summit guest list, according to insiders, will be smaller than expected, but includes major crypto industry leaders and regulators from relevant government bodies. Sources claim attendees will receive official invites from the White House via email.

Earlier this month, AI and crypto czar David Sacks shared the news on his X account, saying that the White House is gearing up to host the first crypto-focused summit on March 7.

Attendees will include prominent founders, CEOs, and investors from the crypto industry. Look forward to seeing everyone there!” said Sacks in his post.

Due to the limited list of attendees, Terret said that a “larger, invite-only reception” will be held following the meeting for those not invited to the smaller round-table meeting but still considered relevant for the development of the crypto space in the U.S.

“This is all happening in real time with plans not 100% finalized so things could change but that’s what I’m hearing at this hour,” said Terret in her post.

A number of White House officials have also confirmed their attendanceincluding Executive Director of Presidential Council on Digital Assets Bo HinesAI and crypto czar David SacksSEC Chair Mark Uyeda, and CFTC Chair Caroline Pham.

Meanwhile Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Attorney General Pam Bondi have yet to confirm their attendance at the White House Crypto Summit.

So far, around 15 crypto industry leaders from major firms like Strategy, Gemini, Coinbase, Robinhood, Ripple XRP and Crypto.com have confirmed that they will be attending the White House Crypto Summit.

On the other hand, crypto journalist Laura Shin claimed that sources say Cardano Founder Charles Hoskinson has not been invited to attend the summitNot only that, Solana founder Anatoly Yakovenko also has not confirmed his attendance.

Here’s what we know so far about the upcoming White House Crypto Summit.

Who will be attending the White House Crypto Summit, and who will not?

According to Eleanor Terrett, the list of attendees will include prominent figures from the crypto industry, which includes Strategy Chair Michael Saylor, Paradigm co-founder Matt Huang, CEO of Exodus J.P Richardson, Robinhood CEO Vlad Tenev and Gemini co-founders Tyler Winklevoss and Cameron Winklevoss.

The White House Crypto Summit will also reportedly host major industry players such as Coinbase Base CEO Brian Armstrong, Kraken CEO Arjun Sethi, Bitcoin Magazine David Bailey, Chainlink co-founder Sergey Nazarov, Crypto.com CEO Kris Marszalek, Managing partner at Multicoin Capital Kyle Samani and World Liberty Financial co-founder Zach Witkoff.

Ripple CEO Brad Garlinghouse had been one of the first figures to confirm his attendance, not long after Sacks’ post about the summit.

“I will certainly continue to champion this while in Washington at the end of this week,” Garlinghouse had written in his March 2 post.

According to an Unchained report, inside sources claimed that Garlinghouse had been the one to convince President Trump to include Solana in the crypto reserve in order to make the inclusion of XRP in the reserve “seem more legitimate.

When asked about the rumor, a Ripple spokesperson did not confirm nor deny it. Instead, he referred to Garlinghouse’s earlier post praising Trump’s crypto vision and emphasizing the importance of cooperation between crypto firms in reaching the industry’s goals.

However at press time, Solana founder Anatoly Yakovenko has not officially confirmed his attendance at the summit. Other crypto figureheads whose attendance status is still unclear include ARK Invest CEO Cathie Wood,  Ethereum co-founder Vitalik Buterin and Andreessen Horowitz co-founder Marc Andreessen.
 
Stablecoin firm leaders Tether CEO Paolo Ardoino and Circle USDC CEO Jeremy Allaire have also stayed quiet about the White House Crypto Summit, despite stablecoin being a major element in U.S. crypto-related policy in recent months.

Moreover, according to Unchained, a White House source claimed Cardano founder Charles Hoskinson will not be invited to the White House Crypto SummitMany traders found this odd considering ADA is among the tokens Trump listed in his plans for the U.S. Crypto Reserve.

In a video posted on his account, Hoskinson said that he was initially unaware of ADA’s inclusion in Trump’s crypto reserve until the announcement came out.

What will be discussed at the White House Crypto Summit?

The upcoming White House Crypto Summit is set to be a discussion forum where policymakers and industry experts come together to talk about the future of crypto regulations and the U.S. crypto reserve. However, while the event is symbolically important, it may not deliver instant policy changes or a major market turnaround.

As previously reported by crypto.news, Commerce Secretary Howard Lutnick hinted that Trump will talk more about how the Bitcoin strategic reserve will be executed at the White House Crypto Summit on March. 7.

Moreover, the highly-anticipated White House Crypto Summit is expected to provide clarity on the Trump administration’s regulatory plans regarding the advancement of cryptocurrency in the U.S., which could further influence the wider global landscape.

@ Newshounds News™

Source:  CryptoNews

~~~~~~~~~

CRYPTO NEWS: CARDANO’S HOSKINSON SNUBBED FOR WHITE HOUSE CRYPTO SUMMIT, RIPPLE CEO ON THE LIST

Trump’s White House Crypto Summit Set for March 7 – Key crypto leaders to attend, but Cardano’s Charles Hoskinson is left out.

▪U.S. Crypto Strategy Unfolds – Bitcoin prioritized over altcoins; Trump’s AI & crypto czar David Sacks to lead the discussions.


Anticipation is growing in the crypto world ahead of the White House Crypto Summit set for Friday, March 7, 2025. This first-of-its-kind event is expected to play a crucial role in the future of U.S. crypto policy, possibly launching a U.S. strategic crypto reserve. Several key figures in the industry, including members of former President Donald Trump’s crypto task force, are expected to attend.

However, as the guest list has started to take shape, one notable name is missing:

Cardano co-founder Charles HoskinsonAccording to Unchained, a White House source confirmed that Charles Hoskinson was not invited to the summit, nor has Cardano been involved in any policy discussions or meetings with the administration.

“They are running around town trying to push their own sort of narrative. They are not involved in anything about trying to influence policy and they are not invited to Friday’s summit,” the White House source told Unchained.

Hoskinson’s absence is particularly surprising given recent comments from President Donald Trump. On Sunday, Trump mentioned that Cardano’s ADA, would be part of a crypto reserve, which led many to expect Hoskinson’s attendance at the event.

Confirmed Guests for the Summit

Despite the exclusion of Hoskinson, several high-profile crypto industry leaders will be in attendance. The confirmed guest list includes:

▪Brad Garlinghouse – CEO of Ripple
▪Michael Saylor – Founder of MicroStrategy
▪David Bailey – CEO of Bitcoin Magazine
▪Matt Huang – Co-founder of Paradigm
▪JP Richardson – CEO of Exodus
▪Kyle Samani – Managing Partner at Multicoin Capital
▪Zach Witkoff – Co-founder of World Liberty Financial
▪Sergey Nazarov – Co-founder of Chainlink
▪Brian Armstrong – CEO of Coinbase
▪Vlad Tenev – CEO of Robinhood
▪Arjun Sethi – CEO of Kraken
▪Kris Marszalek – CEO of Crypto.com

Hoskinson had previously hinted that he might attend a fundraising dinner for the pro-crypto PAC MAGA Inc., but the White House confirmed that he was not invited to that event either.

Key Focus of the Summit

The summit is set to run from 1:30 p.m. to 5 p.m. ET on March 7 and will be led by David Sacks, President Trump’s appointed AI and crypto czar. One of the main points of discussion will be the handling of Bitcoin and other cryptocurrencies.

Commerce Secretary Howard Lutnick stated in a recent interview that Bitcoin would be treated differently than other altcoins, as it is a significant part of President Trump’s crypto strategy.

@ Newshounds News™

Source:  Coinpedia

~~~~~~~~~

SOLANA CO-FOUNDER SAYS A FEDERALLY CONTROLLED CRYPTO RESERVE WILL HARM DECENTRALIZATION ETHOS, PROPOSES STATES CONTROL THEIR OWN RESERVES

Anatoly Yakovenko, the co-founder of the Solana SOL/USD ecosystemargued against a federal government-controlled cryptocurrency reserve Wednesday, citing a threat to decentralization.

What Happened: In an X post, Yakovenko outlined his order of preference for a potential cryptocurrency reserve.

No reserve, because if you want decentralization to fail, you'd put the government in charge of it,” he stated as his first and the most ideal choice.

However, if reserves must be set upYakovenko said they should be managed by states as a “hedge” against the Federal Reserve making a mistake.

In the case of a federally administered reserve, Yakovenko proposed basing it on “objectively measurable requirements.

“I don't care what they are, they can even be constructed such that only Bitcoin satisfies them right now, they just must be objectively measurable and rationally justified,” he explained his point.

When questioned if this was an indirect confirmation that no one from Solana pitched SOL for inclusion in the recently announced U.S. cryptocurrency reserve, Yakovenko stated, “No one asked me, and I didn’t pitch it.

@ Newshounds News™

Source: Benzinga

~~~~~~~~~

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“Tidbits From TNT” Thursday Morning 3-6-2025

TNT:

Tishwash:  Inflation's freefall: Iraq hits 2.8%, economic hopes soar

Iraq’s annual inflation rate has dropped to 2.8% in the fourth quarter of 2024, down from 4% a year earlier, the central bank (CBI) announced on Wednesday.

In an official statement, CBI confirmed that core inflation, which excludes volatile food and energy prices, had also declined to 2.5% from 4.5% in the same period of 2023.

“Both headline and core inflation remain within acceptable levels, reflecting price stability and the effectiveness of Iraq’s monetary policy,” the statement read.

TNT:

Tishwash:  Inflation's freefall: Iraq hits 2.8%, economic hopes soar

Iraq’s annual inflation rate has dropped to 2.8% in the fourth quarter of 2024, down from 4% a year earlier, the central bank (CBI) announced on Wednesday.

In an official statement, CBI confirmed that core inflation, which excludes volatile food and energy prices, had also declined to 2.5% from 4.5% in the same period of 2023.

“Both headline and core inflation remain within acceptable levels, reflecting price stability and the effectiveness of Iraq’s monetary policy,” the statement read.

The latest figures point to a slower rise in consumer prices, strengthening purchasing power and reinforcing economic stability.

Notably, Iraq has experienced inflation swings in recent years. The annual rate stood at 5% in 2022 before climbing to 6.6% in 2023, driven by currency fluctuations and the impact of the Russia-Ukraine war.

Projections for the coming years remain mixed. An International Monetary Fund report in October 2024 forecast a slight increase to 3.5% in 2025, before easing to 3% by 2029.  link

Tishwash:  Prime Minister's Advisor Explains Details of "Bridge Borrowing"

 Prime Minister's Advisor Explains Details of "Bridge Borrowing"

 The Prime Minister's Advisor, Mazhar Muhammad Salih, explained today, Thursday, the details of "bridge borrowing", while indicating that more than 50% of the domestic debt is concentrated in the investment portfolio of the Central Bank.

Saleh told the Iraqi News Agency (INA): "Historically, government borrowing through treasury transfers is a type of short-term borrowing from the banking market that British public finance has adopted since the reign of Queen Victoria."

He added that "this type of borrowing was done for limited periods not exceeding weeks or financial quarters, and is known as (bridge borrowing), as it aims to bridge the temporary deficit gap resulting from the slowdown in revenues compared to actual expenditures."

He pointed out that "due to monthly financial obligations, public finance may resort to issuing treasury transfers as a financing tool to bridge the temporary deficit in the budget until cash flow stabilizes in the next period of the fiscal year."

 He added that "in light of the fluctuations in the oil revenue cycle on the general budget over the past ten years, the government was forced to borrow multiple and accumulated, which led to an increase in expenditures in three stages: the first during the war on ISIS terrorism, the second due to the economic closure caused by the pandemic, and finally the increase in expenditures in the areas of reconstruction and implementation of suspended projects."

He added that "these circumstances resulted in the accumulation of domestic public debt, part of which was borne by government banks, as more than half of it was deducted from the Central Bank of Iraq through open market operations."

He stressed that "this necessitated a complementary monetary issuance that led to a significant increase in the monetary mass, especially since the domestic public debt, amounting to 82 trillion dinars, is still mostly within the government financial and banking system, more than 50% of this debt is concentrated in the investment portfolio of the Central Bank."

He added, "On the positive side, this debt is covered by foreign currency by more than 100%, which reflects a high level of monetary stability, as the annual inflation growth rate did not exceed 3%."

He added that "despite these challenges, both the monetary and fiscal authorities seek continuous consultation in order to gradually extinguish the domestic debt," stressing that "the government relies on enhancing financial sustainability by reducing the public debt balance annually and reducing the annual budget deficit to a percentage not exceeding 3% of the gross domestic product."

He concluded that "this approach is part of a fiscal policy aimed at providing financing and protecting economic activity, which contributes to achieving stability and sustainable economic growth through coordination between fiscal and monetary policies."  link

************

Tishwash:  nothing we are interested is on the agenda but at least they are saying they are going to work  but we shall see

Confirming to Shafaq News.. The Iraqi Parliament sets Saturday as the date to resume its sessions

The Iraqi Parliament has set next Saturday, March 8, as the date to resume its sessions, according to what the media department of the parliament reported.

According to the session agenda issued by the media department, and received by Shafaq News Agency, the session will witness voting on the draft law amending the fourth law of industrial investment for the private and mixed sectors, in addition to voting on a decision to recommend the Ministry of Education to reinstate the trial system. The interim parliamentary committee will also discuss its report on preserving state property.

The first reading of the draft law to cancel the ratification of the agreement exempting holders of diplomatic and service passports from entry visas between the governments of Iraq and Cyprus will also be presented during the session, in addition to the first reading of the proposed law to amend the second law of the Mukhtars, and the report and discussion of the proposed fourth amendment to the law of medical and health professionals.

Earlier, a parliamentary source reported that the parliament presidency decided to suspend the sessions and resume them next Saturday.

The source told Shafaq News Agency that the Council Presidency informed the representatives that there would be no session this week, and that the session would be held on Saturday evening after breakfast.

For his part, member of the Parliamentary Legal Committee, Mohammed Anouz, revealed to Shafaq News Agency that Parliament sessions during the month of Ramadan will be in the evening after breakfast, to ensure the continuation of legislative work before the end of the current session.

It is noteworthy that the current session of the Iraqi Council of Representatives began on January 9, 2022, and is scheduled to last for four years, ending on January 8, 2026.

No: Voting on the draft law amending the fourth amendment to the Industrial Investment Law for the private and mixed sectors No. (20) of 1998. (Economy, Industry and Trade Committee, Investment and Development Committee), (9) articles).

Anya: Voting on a decision to recommend to the Ministry of Education to reinstate the trial system.

Third: Report of the interim parliamentary committee to follow up on the preservation of state property.

Fourth: The first reading of the draft law to cancel the law ratifying the agreement exempting holders of diplomatic and service passports from entry visas between the Government of the Republic of Iraq and the Government of the Republic of Cyprus No. 26 of 2023. Foreign Relations Committee, (2) Articles.

Parliament

Fifth: The first reading of the proposed law amending the second law of the Mukhtars Law No. 13 of 2011. The Committee of Regions and Governorates Not Organized in a Region, the Security and Defense Committee, the Finance Committee, the Legal Committee, (8) articles. Rajuma Ni Nowina

Sixth: Report and discussion of the second reading of the proposed law amending the fourth amendment to the Law on the Progression of Medical and Health Professionals No. (1) of 2000. (Health and Environment Committee), (13) articles.

The session begins at one o'clock in the afternoon  link  

Mot:  . Soooooo true!!! 

Mot: . Yet another ""Awareness Tip"" frum ole ""Mot"" 

 

 

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MilitiaMan & Crew-Iraq Dinar News-Ready for Revaluation-Digital Currency-Oil-Salaries-All on the table-Reasoning

MilitiaMan & Crew-Iraq Dinar News-Ready for Revaluation-Digital Currency-Oil-Salaries-All on the table-Reasoning

3-5-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

MilitiaMan & Crew-Iraq Dinar News-Ready for Revaluation-Digital Currency-Oil-Salaries-All on the table-Reasoning

3-5-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=69Rf547kwzw

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