Seeds of Wisdom RV and Economic Updates Thursday Evening 5-1-25

Good Evening Dinar Recaps,

HOUSE REPUBLICANS TO UNVEIL LANDMARK DRAFT DIGITAL ASSET BILL AHEAD OF KEY CRYPTO HEARING NEXT WEEK

▪️Top Republicans of the House Financial Services Committee alongside their counterparts in the House Agriculture Committee will be releasing a draft ahead of a May 6 hearing on the future of digital assets, sources told The Block
.
▪️The incoming version is set to be similar to one that passed out of the House last year called the Financial Innovation and Technology for the 21st Century Act

Key lawmakers are set to release a new discussion draft in the coming days that outlines a significant regulatory framework for digital assets, ahead of a major congressional hearing next week.

Top Republicans on the House Financial Services Committee — Reps. French Hill and Bryan Steil — along with their counterparts on the House Agriculture Committee — Reps. Glenn "GT" Thompson and Libertarian Dusty Johnson — will release the draft before a May 6 joint hearing on digital assets, a source familiar with the matter confirmed to The Block.

The hearing, titled “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century,” will be held at 10 a.m. ET and is expected to focus on long-awaited legislation to define crypto market structure in the United States.

The draft is expected to resemble last year’s Financial Innovation and Technology for the 21st Century Act (FIT 21), which passed the House. A staffer for the House Agriculture Committee also confirmed that the text would be released prior to the hearing.

Committees in the House and Senate have advanced bills focused on stablecoins, and legislation to regulate the crypto industry as a whole has been viewed as the next step. President Donald Trump has said that he wants to see a stablecoin bill on his desk by August, but some say the bills could be linked.  

Republicans have been mostly leading efforts on both bills and would need Democratic support to pass. Some Democrats, including crypto critic Rep. Brad Sherman of California, have said that "good crypto regulation" is needed, but Trump-backed crypto ventures could threaten any hope of bipartisanship.

Moving Onwards

The process for a market structure bill is moving quickly, said Ron Hammond, senior director of government relations at the Blockchain Association, as lawmakers could decide to hold another hearing or could go straight away to a markup — the process where lawmakers openly debate, amend, and vote on a bill.

Hammond said he had not seen a version of the discussion draft, but said he had been told it was 90% similar to FIT 21.

"Overall, it's still kind of a black box until we see the text of what actually got changed and what they intend to change after the discussion draft," Hammond said in an interview.

FIT 21 sets out to clarify when a digital asset would be regulated by the Securities and Exchange Commission, the Commodity Futures Trading Commission, or both. It would have ultimately granted more power and funding to the CFTC to oversee crypto spot markets and "digital commodities," particularly bitcoin, and set parameters for the Securities and Exchange Commission.

Meanwhile, the Senate is working on its version of a crypto market structure bill, Hammond said.

Stablecoins - market structure

Combining the two bills has been floated, but there are concerns of partisan divides as the midterms near in November 2026, Hammond said, while others say they should be separated and get stablecoin legislation signed into law first. Work on a stablecoin bill is seen as less complicated than trying to regulate the industry as a whole.

Hill told reporters in March that he views the bills as "linked," and Steil said he viewed the two as peanut butter and jelly.

However, Trump's foray into crypto could complicate crypto legislative efforts. Hill was asked in March about the Trump family's involvement in crypto, which includes a DeFi protocol under development as well as live and tradable memecoins and NFTs. World Liberty Financial, backed by Trump, also recently launched its own stablecoin.

Hill had said that Trump's memecoin and stablecoin involvement has complicated their work.

During congressional hearings over the past several weeks, Democrats have raised alarm bells over Trump's involvement. Top Democrat of the House Financial Services Committee, Maxine Waters of California, accused Trump of making himself richer through his crypto ventures during a hearing last month.

"The more the Trump family gets involved in the crypto realm, and World Liberty Financial gets involved, it just presents another angle of attack for Democrats to attack Trump," Hammond said. "So there is a concern that this will only worsen over time and sour a potential good bipartisan vote in the Senate."

@ Newshounds News™
Source:  The Block

~~~~~~~~~

AUSTRALIAN ELECTION WILL BRING PRO-CRYPTO LAWS EITHER WAY

No matter who wins Saturday's election in Australia, crypto legislation developed with the industry is set to finally happen this year.

Despite reports in February suggesting that 2 million pro-crypto voters could decide the outcome of this week’s Australian Federal Election, crypto has barely rated a mention during the campaign.

“I think it’s a missed opportunity,” Independent Reserve founder Adrian Przelozny told Cointelegraph. “Neither side has made crypto a headline issue because they’re wary of polarizing voters or sounding too niche.”

But the good news is that after more than a decade of inaction, both the ruling Australian Labor Party (ALP) and the opposition Liberal Party are promising to enact crypto regulations developed in consultation with the industry.

In April, Shadow Treasurer Angus Taylor promised to release draft crypto regulations within the first 100 days after taking office, while the Treasury itself has draft bills on “regulating digital asset platforms” and “payments system modernization” scheduled for release this quarter.

Amy-Rose Goodey, CEO of the Digital Economy Council of Australia, said that both parties “are equally invested in getting this draft legislation across the line.”

“Irrespective of who gets in, we’re in a better position than we were about a year ago.” Pro-crypto voters have choices in the Senate, too, with the Libertarian Party issuing a 23-page Bitcoin policy in March — calling for the creation of a national Bitcoin Reserve and the acceptance of Bitcoin as legal tender.

The minor party is fielding five Senate candidates in different states, including former Liberal MP Craig Kelly, but doesn’t currently have anyone in the Senate.

The progressive left-wing Greens party has not outlined a position on crypto, while the conservative right-wing One Nation party has campaigned against debanking and CBDCs.

More Than A Decade Of Inaction On Crypto

Australia’s first parliamentary inquiry into digital assets was held back in 2014, but there’s been more than a decade of regulatory inaction since. The industry says this has led to stagnation and a brain drain of talent to jurisdictions like Singapore and the UAE.

The former Liberal Government was considering the landmark Digital Services Act, based on the 2021 Senate Committee’s crypto recommendations, when it lost office in 2022. Despite ongoing consultations since, the ALP government, led by Prime Minister Anthony Albanese, hasn’t put forward any legislation to parliament.

But there has definitely been a vibe shift from the ALP recently, with Treasurer Jim Chalmers telling Cointelegraph that digital assets “represent big opportunities for our economy.”

”We want to seize these opportunities and encourage innovation at the same time as making sure Australians can use and invest in digital assets safely and securely with appropriate regulation.”

His office said exposure draft legislation would be released “in 2025” for consultation, introduced into Parliament “once that feedback has been considered” with the subsequent reforms “phased in over time to minimize disruptions to existing businesses.”

The shadow assistant treasurer, Luke Howarth, said the ALP has been slow to act because it didn’t have a blockchain policy when it was elected.

“It wasn’t until the FTX collapse that they acknowledged the need for regulation,” he told Cointelegraph. “The Albanese government initially promised it would put in place regulation by 2023 but have failed to draft legislation or give a clear time-frame for action. After three years, all that was offered to industry was a six-page placeholder document.”

He’s referring to Treasury’s March statement “on developing an innovative Australian digital asset industry.” It provides for the licensing of Digital Asset Platforms (DAPS), a framework for payment stablecoins and a review of Australia’s Enhanced Regulatory Sandbox.

While short on detail, those aims are broadly similar to the crypto regulation priorities that Howarth outlines to Cointelegraph — the big difference being that the opposition has committed to a faster time frame.

Przelozny praised the 100-day promise as “exactly the kind of urgency we need.”

If elected, the Liberal Party’s legislation is expected to take some of its cues from Senator Andrew Bragg’s private members bill in 2023 and some from the more recent work done by the Treasury.

The government steps up efforts

The Treasury has been quietly drafting legislation this year, which Goodey understands is “almost complete.”

“There’s been prioritization within Treasury, and I know that their team has almost doubled — the digital asset team — for writing that draft legislation. So, there has been an investment in that over the past six months.”

Przelozny characterizes the ALP’s approach as “cautious and methodical, but it’s been slow,” prioritizing consumer protection and risk management.

BTC Markets CEO Caroline Bowler said the election of a pro-crypto Trump administration and the UK’s draft regulations (released this week) likely forced both sides of politics to finally get serious.

”Australia has ground to make up, and I would anticipate this also being a factor in the savvy move by both parties,” she said.

Stand With Crypto campaign and ASIC

The Stand With Crypto campaign is active in Australia but has been fairly low-key during the campaign, with a focus on debanking.

Coinbase managing director for APAC John O’Loghlen called on whoever wins the election to launch a “Crypto-Asset Taskforce (CATF) within the first 100 days.” This would include industry and consumer representatives to finally get crypto regulations over the line.

“If Australia doesn’t move now, we risk falling even further behind,” he told Cointelegraph.

“The next government must move beyond consultation and into legislation.”

The Australian Securities and Investments Commission (ASIC) is the local equivalent of the US Securities Exchange Commission (SEC). It released its own crypto regulatory proposals in December.

Joy Lam, Binance’s head of global regulatory and APAC legal, told Cointelegraph she doesn’t expect ASIC to suddenly change direction if a new government comes in, as the SEC did.

“ASIC doesn’t make the law,” she said. “I don’t expect a complete kind of 180 because ASIC, it is independent, and it does have its own mandate, but it obviously operates within the legislative framework that the government is going to be setting.”

Who should single-issue crypto voters back?

In February, a poll by YouGov and Swyftx found that 59% of crypto users would vote for a pro-crypto candidate in the federal election above all other issues. That equates to around 2 million Australians and would be enough to determine the outcome of the election one way.

But the similarities between the major parties on crypto regulation are much greater than the differences. Goodey said both sides of politics have genuinely engaged with the industry about its concerns and priorities.

“You can see in some of the language with their media releases that they both released in March, April this year, that they are in agreement on what the industry issues are,” she said.

Owing to Senator Bragg’s campaigning on crypto, the industry sees the Liberal Party as more enthusiastic about digital assets, but after three years in government, the ALP looks to have arrived at roughly the same place.

Recent YouGov and Resolve polls suggest the government is likely to be reelected.

While internal Liberal polling suggests an ALP minority government is a genuine possibility, the major parties would have enough votes between them to pass bipartisan crypto legislation.

Whatever happens, 2025 looks like the year Australia will finally provide the crypto industry with the certainty it needs.

“For industry, the timing is really quite critical now because obviously it’s something that has been discussed and kicked around for quite a few years,” Lam said.

“I would say that we are cautiously optimistic.”

@ Newshounds News™
Source:  CoinTelegraph

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

BREAKING: Vietnam China Russia Loas Cambodia Vietnam's End of War Celebration w/U.S.

BREAKING: Vietnam China Russia Loas Cambodia Vietnam's End of War Celebration w/U.S.

Edu Matrix:  5-1-2025

BREAKING: Vietnam, China, Russia, Laos, Cambodia in Vietnam's End of War Celebration with U.S. VND Rate - It’s been 50 years since the Vietnam War ended, and Vietnam is commemorating this historic milestone with massive celebrations in Ho Chi Minh City.

This video takes a closer look at the country’s evolution since the war, from reunification to rapid economic reform, and what it means for today’s VND (Vietnamese đồng) investors.

 Explore how the VND has depreciated from under 1 per USD in 1983 to over 23,000 in 2023, and what experts say about its outlook in 2025.

 With analysts forecasting a potential slide to 26,000 VND per USD, many still see opportunity in holding the VND, especially as Vietnam attracts major foreign manufacturers fleeing China.

https://www.youtube.com/watch?v=5fYMjf67S4E

Welcome To The Unknown Zone By Dr. Dinar

From Recaps Archives:  Well- here's to all of us who are frustrated, depressed and wondering if we are all idiots for believing in the RV/GCR........Maybe a little humor will help today . 

Welcome To The Unknown Zone  By Dr. Dinar

How on Earth can we still be here? And by "here", I mean on this journey. This journey to a place no one has ever been. To a destination that doesn't exist on any map. At least not on a map that we can purchase. Certainly not at our pay grade anyway.

Nope. Whatever is (or isn't) going on here, either in front of or behind the scenes, is rated GCRCO (Global Currency Reset Committee Only). Yep, like it or not, the GCR Committee has cranked up the Parental Controls to full on "No Peeking - No Speaking" mode.

Strictly a "need to know" basis and apparently, there must be a bit of confusion because for some strange reason, they're under the impression we don't need to know. Oh, if they only knew how wrong they are, I just know they'd change their minds. Well, I'd like to think so anyway.

As we eek into the supposed final stretch of this far too long, get rich not all that quickly, not quite overnight journey, all of the so-called "Sources" have basically clammed up. Shut down, zipped their lips, gone the way of the NDA and I must admit; the silence is deafening. And if left unchecked, a bit disheartening as well.

Sure, we continue to hear that everything's done, the Bank's are on RED alert, security is in place and this thing could pop at any minute. One minute it won't be; and the next minute, it will be.

That "suddenly", without notice, all of a sudden everything will change. That those of us fortunate enough to be aware of the GCR/RV opportunity will go from the "have not's" to the "have plenty's". But just how often can we continue to hear that same ol' stuff and still believe it.

Have we all been duped? Including the Banks! They've been hearing it for years, just like we have. At some point even those of us with the strongest of foundations wouldn't be frowned upon for at some point questioning our own thoughts. Our own beliefs. Our own foundations.

Yes, we did our due diligence, our own research. Otherwise why on Earth would we still be involved. But that alone can only be relied on for so long.

When I first jumped on board, even though we didn't know it at the time, things were oh so much easier. And by easier, I mean there were quite a few less "thing's" we had to keep our eyes on.

Back then the name of the game was RV. Simple as that. The RV of the IQD. All RV... all Iraq... all the time. That was it. Even the VND was just a faint rumor at best. Nothing worth paying any attention to.

All they had to do was oust Maliki, keep Sadr from following through on his dastardly deeds, let Shabibi take the reins, release them from the "Program" rate, pop their "deenar" up to the new rate and BOOM, we were done. Pretty simple, huh?

And when we saw the first hint of the sanctions against Iraq being lifted late in 2010, we just knew we were there. Next thing would be the removal of Iraq from the OFAC List. Add them to the WTO. Presto change-o, post it in the Gazette, declare their new fangled currency Internationally tradeable and we were done. On the bus and off to the Bank we would go.

But hang on there Dinarland, not so fast. Best to keep your hands, feet, as well as your camel in the corral. At least until this ride comes to a complete stop. Turns out there were still a couple more steps to complete before we reached the Station.

That was confirmed at the end of June, 2011, when all of Shabibi's promises went down the drain and we all hunkered down in the knowing that this thing was likely to drag out just a bit further.

Sure, we'd heard rumors of another train runnin' down the tracks. Luckily it was a different train, on a different set of tracks. Something called The Marshall Plan. But no worries. Once again, just another rumor. A rumor that we were assured wouldn't affect us. Stay focused, it's nothing we need to pay attention to.

After all, rumors were our bread and butter. We lived on 'em... we thrived on 'em. We'd already heard plenty of stuff from the "Sandbox" and all the Contractors in the "Green Zone" getting paid the "RV Rate", so we were quite accustomed to rumors never panning out. Good or bad.

Still we were told to fold our trays and return our seats to an upright position because we'd be landing very soon. And although the plane was continually circling, it was bound to land at some point in the very near future.

I mean a plane's fuel tank is only so large, so logically it can only remain in the air for so long. Problem is they somehow forgot to mention the plane was continually being refueled by a Tanker circling very nearby.

The rumors of another set of tracks began to increase, getting louder with every "Chug" of the train. Those "tracks", although they were initially running parallel to our track to prosperity, to paying it forward, to living the lives we all dreamed of, surely would never affect our track to the RV. Or would they.

Unfortunately we can all see now just how that original "plan" worked out. It didn't. And it was at that point that most of us began to pay more attention to all those GCR rumors and to the impact they could possibly have on us reaching our goal of a simple RV of the IQD any time soon. Maybe there was more to this thing after all.

While some of us might have originally taken this leap of faith, risking our entire everything, our future's, our relationships with family and friends, even our own sanity by jumping on board the Insane Train, with little to not a whole lot of prior research, that would be completely understandable.

After all, I would have to believe that when many of us first became aware of this here RV thing, we only had two weeks before it was going to "pop" and it could take a week or more just to receive our currency. So it was kind of a now or never, believe or don't believe, get in at your own risk kind of thing.

And so we jumped in, phone's always on, alarm clocks set for two weeks, readier than ready. But as the months and weeks continued to tick by, we began to do more and more of our own due diligence. Anything to prove, even if only to ourselves, that this thing was indeed real. And was really going to happen.

I dug deep and when I began to discover names like Haliburton being granted huge contracts, Citibank being offered the first Bank Charter, China signing contracts to build thousands of homes, and a huge laundry list of "biggies" all chomping at the bit to get a piece of Iraq, for reasons both known and unknown, I was convinced that this thing was real.

If "they" were so eager to pay to play, I knew I really wanted to be a part of it as well. Never having to look back and wonder "What if?"

As time went by I also began to realize that although the original intention of this whole RV deal was indeed a "behind the scenes", get rich quick scheme for the "Big Boys Club" as it were, that wasn't going to stop me from wanting a piece of the pie as well. In fact, it only added to my motivation.

Upon seeing that their plan wasn't working out as they'd hoped, yet they weren't in any hurry to "cash out" and walk away, further convinced me to stay. Oh no, they were in it for the long haul. Therefore, so was I. Right to the bitter end. As long as I still held one note, I'd be in it to win it.

If at some point I came to the realization that I no longer believed in what I've spent the past "far too long" believing in, then chances are very good I'd already be hanging out with Elvis, outside some random building somewhere East of the Las Vegas Strip wondering how I could've been so wrong. Questioning every thought I ever had pertaining to the validity of this RV/GCR thing.

But I'm not hangin' with The King. Not yet anyway. Nope, I'm still right here, right now. And hopefully I'll continue to be until I reach the finish line. Wherever and whenever that may be.

Okay, so yes, maybe the Banks have been told to be ready so they don't have to get ready to be ready for going on, I don't even know how many years now. So long in fact that I've basically lost count, which is a good thing.

And while I'd like to think that's all part of their "Boy who cried wolf until he was old enough to be put into an Assisted Living facility" Plan, chances are there was no plan after all and they are simply "wingin' it", making up the rules as they go along. Up against something so huge that there is absolutely no way to put a "date" on this moving target. And it has nothing to do with us whatsoever.

And while they might have timelines, deadlines, and "windows", not a one of them are cast in stone. Therefore they can all be stepped over, crossed and broken as needed. I have the distinct feeling they flip their own script quite often.

Either way, I don't think we're ever going to know for sure. In the old days I wanted nothing more than to know (after the fact) what was truly going on behind the scenes this entire time. When we thought they were "zigging", were they actually "zagging", and were they ever truly in control of the situation or was it just uncontrolled chaos at its finest.

Mellowing with wisdom gained through time and research, at this point I'm much more content to leave the unknown alone, looking forward to the future as opposed to deciphering the past. Any thoughts of Dinarland and this journey will happily be left in my rear view mirror. And might I add, not a minute too soon.

I'm more than anxious to be done and movin' on, getting my new life in gear. I have quite a bit of paying it forward I'd like to accomplish and there's no time like the present to get started.

They always said it would get crazy near the end. Well, the crazy part has been going on for over a decade, so I'm not too sure about when the crazy part actually started. Or when it will officially end.

They also mentioned that as we got closer, everything would go quiet. Not a peep, not a sound. I'm not so sure they thought that "sound of silence" would be NDA induced but whatever. I tend to believe that's our current stage.

It seems as if lips are zipped and not a word can be heard from in front of, nor from behind the scenes. Which, when you think about it, as agonizing as it may be, makes total cents. Ooops, I mean sense.

So, if at all possible, please do your best to enjoy the silence. I know it's not easy but relish the unknown. The middle ground between the not yet and the RV/GCR, between back screens and Teller screens, between the pit of rumors and the summit of fruition.

This is the dimension of imagination, the place we've dreamed of reaching for far too long. The time when all of our thoughts, our beliefs, our faith in our own due diligence will truly be tested like never before. It is an area which I affectionately call, The Unknown Zone.

All my best,

Dr. Dinar

Disclaimer; I'm not a Wealth Manager, Financial Advisor, CPA, Tax Attorney, RV/GCR Committee member, nor am I a time traveler from the Twilight Zone. I'm simply someone that chooses to believe in the power of positive thinking and on the odd chance this thing truly is real, I want to make sure I'm there at the finish line to enjoy it.

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 5-1-25

Good Afternoon Dinar Recaps,

US BLOCKCHAIN FIRMS URGE SEC TO CLARIFY CRYPTO STAKING RULES

The Council warns that overly strict staking rules could stymie innovation and impede market growth.

A coalition of US blockchain firms has urged the Securities and Exchange Commission (SEC) to provide clear regulatory guidance on crypto staking.

The coalition, led by the Crypto Council for Innovation, requested in an April 30 open letter that the agency treat staking with the same clarity it recently applied to proof-of-work mining.

Staked tokens are not a security

The Council argued that staking is a core technical process for maintaining blockchain networks, not an investment contract.

It stated:

“The benefits of staking to a PoS network and its participants are clear: base layer actors are incentivized to contribute to the security of the network, minimize the risk of manipulative activity, ensure data integrity, and bolster community trust in the network.”

It stressed that staking allows users to validate transactions, secure the network, and help produce new blocks. In return, participants receive token-based rewards. These rewards are determined by each network’s protocol, not by a centralized authority or profit-sharing agreement.

The Council also pointed to the SEC Division of Corporation Finance’s March 2025 statement on PoW mining. In that statement, the SEC clarified that mining on decentralized networks is not a securities transaction.

The Council asserted that this reasoning should also apply to staking, as miners and stakers engage in administrative functions to support blockchain infrastructure and receive protocol-defined rewards.

Meanwhile, the letter acknowledged that some risks exist, such as the possibility of slashing, where stakers lose tokens for violating protocol rules.

However, it noted that slashing is uncommon and not a defining feature of staking’s economic model. Therefore, the Council maintains that staking should not be classified under securities laws.

Why is clarity needed?

The Crypto Council believes that formal guidance from the SEC would benefit many stakeholders, including developers, service providers, and end-users.

They argued that such clarity would remove uncertainties for platforms that offer staking, especially those connected to crypto exchange-traded funds (ETFs).

The Council further stressed that regulatory clarity would help the US stay competitive with other global jurisdictions, which are moving faster to support innovation in the digital asset space.

However, they cautioned against overly rigid rules that could limit innovation or reinforce outdated market practices.

@ Newshounds News™
Read more:  CryptoSlate

~~~~~~~~~

BRICS DRIVING A NEW US DOLLAR DOWN CYCLE OR PUSHING IT TO COLLAPSE?

The United States’ global relations have been at the forefront of geopolitical affairs throughout this month. Amid an influx of America-first trade policies, several global collectives have warned over the protectionist approach. Now, the BRICS bloc is positioning itself, alongside US policy, to either drive a new dollar down cycle or push the currency closer to collapse.

At the start of his return to the White House, US President Donald Trump had assured the importance of the greenback’s global status. Indeed, he said that the dollar’s loss of status as a global reserve currency would be akin to “losing a war.” Now, his administration is being confronted with a weakening currency and an influx of global policies to help facilitate its struggle.

US Dollar in Concerning Predicament as BRICS & United States Policy Drive It Down

Just one week ago, Goldman Sachs gave a gloomy prediction for the future of the US dollar. Indeed, the bank aligned with the prevailing belief that the global reserve asset could be on its way toward a concerning position. Not only has it faced pressure from growing de-dollarization efforts, but it has now felt the ire of nations challenged by US tariff plans.

That has provided a key question for both the Western nation and its global south opposition. Is BRICS driving the US dollar to a notable down cycle or pushing it closer to collapse? The economic alliance has, for the last several years, remained at the forefront of alternative currency promotion and development. That could only fast-track this year.

The US dollar DXY Index has recently fallen to a three-year low. Moreover, the greenback has struggled amid a concerning first 100 days for US President Trump. Additionally, a report from The Hill notes that “foreign investors appear to be reappraising the role of US Treasury securities as a global haven asset” amid the administration’s actions in recent months.

So What’s Next?

With US fiscal net interest payments on its debt reaching $949 billion and surpassing its defense spending, there is even more reason to worry. Historian Barry Eichenberg told the publication that Trump “should be promoting financial stability, limiting the use of tariffs, and strengthening America’s geopolitical alliances.”

That has not taken place. In fact, the opposite has. Subsequently, there is reason to believe the BRICS bloc is playing a key role in helping the US decimate the value of its dollar. Since 2024, it has sought to limit its exposure to the currency. A key reason has been its weaponization.

Moreover, it shifted its attention to gold. Indeed, many nations in the alliance have ramped up their purchasing of the metal with eye on a continued de-dollarization approach. With gold surging, there should be a reason for the United States to emphasize a shift in philosophy. That is, before a US dollar downcycle becomes a full-blown collapse.

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's Podcast Link

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Subscribe to Seeds of Wisdom Team™ Newsletter

Thank you Dinar Recaps

This Trifecta of Market Declines is Rare… And Not Good

This Trifecta of Market Declines is Rare… And Not Good

Notes From the Field By James Hickman (Simon Black)  April 30, 2025

 In today’s podcast, we explore the rare phenomenon of simultaneous declines in the stock market, bond market, and currency market—a powerful signal of capital flight out of the US.

 We talk about when and where this has happened before, and why the Federal Reserve’s diminishing control over interest rates won’t fix it.

 We also discuss what higher rates mean for the commercial real estate market, and how that reverberates through the banking system.

 And we answer the question: is gold overbought, and inching towards a correction?

 The podcast also covers:

• Why gold, not Bitcoin, remains the ultimate safe haven for central banks.

• Why the US dollar's dominance is fading—and what comes next.

• The case for gold stocks over physical gold in today’s environment.

Give it a listen here.

CLICK HERE to listen to today’s podcast.

(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/this-trifecta-of-market-declines-is-rare-and-not-good-152715/?inf_contact_key=9208cbe90b3b1fba0e934d8d0d4741c056374244ed3079802af78ca168e4c2a0

News, Rumors and Opinions Thursday 5-1-2025

IQD Flips First, XRP Follows

589bull:   5-1-2025

Iraq just passed Resolution No. 294 — authorizing the Ministry of Finance to pull over 3 trillion IQD from dormant tax accounts and inject it into the Central Bank of Iraq to cover salaries.

Old funds.
New movement.
Right before the budget flips.

This isn’t routine. They’re not just covering payroll — they’re positioning liquidity inside the CBI. You don’t unlock trillions in dormant escrow just to patch a gap. You do it to prime the system before something big resets.

Abu snwe:  At the time of the Sudanese preparation for the Arab summit The Iraqi government announces its bankruptcy and authorizes the Minister of Finance, a Sami spectrum to withdraw the tax trusts of more than 3 trillion to pay the salaries of the month of April.

Everyone keeps asking: What moves first — IQD or XRP?

Answer: IQD flips first. XRP follows. Fast.

Iraq’s revaluation is the event — the trigger. It resets regional liquidity, realigns trade, and floods the system with pressure.

That pressure needs rails. Fast, neutral, compliant rails. That’s when XRP ignites.

IQD is the fuse.
XRP is the ignition.

Classic damage control.

If everything was “normal,” they wouldn’t need to say it. You don’t withdraw 3+ trillion IQD from dormant tax accounts unless you’re prepping for something outside the norm — like a rate shift or system switch.

The fact that the Parliamentary Finance Committee had to come out and calm people down tells you one thing:

This wasn’t routine.
This was strategic liquidity repositioning.

They’re staging cash where it needs to be before the public feels the shift — likely to smooth salary transitions and avoid panic right before the flip.

Source(s):
https://x.com/589bull10000/status/1917586572301721638
https://x.com/589bull10000/status/1917621269450707386
https://x.com/589bull10000/status/1917622313908068612

https://dinarchronicles.com/2025/05/01/589bull-iqd-flips-first-xrp-follows/

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

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

Mnt Goat  ...Iraq is excited and so should we be... the dinar situation can change very suddenly once the right policies are effective. This process is not going to take months or years more.

Militia Man  What we have seen so far in the news is...all positive, nothing that's considered to be worrisome as far as I can see.  The tone from Washington has been positive.  They've been talking about support...for Iraq's monetary reforms by the largest financial institutions in the world - United States Treasury, Federal Reserve, International Monetary Fund, World Bank, IFC.  The focus has been about security, stability, sustainability, partnerships with the public and private sectors, investment opportunities...  

Planned Demolition Of The Banking System | David Morgan

Liberty and Finance:  4-30-2025

David Morgan outlines the global banking hierarchy and highlights how real power resides not with governments but with elite financial institutions, steering the world toward a centralized digital monetary system diminishing national financial sovereignty.

 Two key points he emphasizes are that the destruction of the current banking system is a planned demolition, not a natural failure, and that this collapse is designed to usher in a new, more authoritarian financial regime rooted in AI-driven control and digital currencies.

Morgan warns that such a system will eliminate human discretion and embed surveillance into every transaction, reducing people to programmable nodes in a technocratic grid. He concludes that unless more people resist, we risk entering a future where convenience masks total economic and personal subjugation.

INTERVIEW TIMELINE:

0:00 Intro

 1:30 Who's running the show?

 8:23 Globalism

13:50 The Fed's real purpose

18:00 Banking system planned demolition

33:40 Rules, laws, and accountability

https://www.youtube.com/watch?v=ToVXpYsTI6s

Thursday Coffee with MarkZ. 05/01/2025

Thursday Coffee with MarkZ. 05/01/2025

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: Good Morning and Happy May Day Mark and Family

Member: Welcome to a new month…….Do you have any good RV news today Mark?

MZ: I am really enjoying this event in Florida with Charlie Ward and others. Zester and I will talk this afternoon. Just know I am using a mobile set up…so cannot see chats or show articles like usual.

Member: Mark-  have you lost enthusiasm that this will go soon?

MZ: Absolutely not ……I am still full of enthusiasm. I do not know the exact time but everything happening points that it will be soon.

MZ: Bond contacts are confirming that late last night.  They say they are making great progress and heading towards conclusion. They will not share the timing though.

MZ: I still have one that has the paperwork stating bank wires have been initiated . I think today we may find out one way or another.

Member:  MZ, since you received confirmation of bond movement,  I hope we get to exchange in the next week or so?

MZ: If bond folks are receiving spendable money… we would be in that time scale. I will give a quick update as soon as I get that confirmation.

Member: MARKZ. What do you think about Iraq possibly filing bankruptcy on the 29th

MZ: that’s a rumor I have not heard from anyone I know.

Member: Iraq took money from a delinquent tax account to pay salaries. $3T dinar. No bankruptcy.

Member: The Iraq bankruptcy thing isn’t just one person, it’s all over the boards!!! Most saying it’s just like Kuwait! Has to do with pulling over 1 Tril IQD to oay salaries!

​​MemberL if iraq declared bankruptcy it would be all over the main stream financial news

Member: That’s just a rumor I think MM mention something about that last night and he said it was just a rumor

Member: ​​I wonder if the Iraqi "bankruptcy" rumor is about the same thing as Kuwait saying "it's going to be another year" then went same day..... just a thought

MZ: The articles coming out of Iraq do remind me of articles in Kuwait leading up to their revaluation. Budget scares, concerns and suddenly BAM……RV and it is all fixed.

Member: "Myles Caggins- Kurdistan Oil Industry Corp. (APICOR), says that member companies are ready to resume exporting Kurdistan Region oil, but only if they are guaranteed payment."

Member: I continue to hope the RV appointments happen before the Forex. Less chaos

Member: Mike Bara and Wolvie had a good show last night

Member: (From Dinar Guru) Mnt Goat  ...Iraq is excited and so should we be... the dinar situation can change very suddenly once the right policies are effective. This process is not going to take months or years more.

MZ: I agree with that comment. Things can turn on a dime. There are a lot of historic examples of resets that happen suddenly.

MZ: Will try to do a podcast tonight….not exactly sure when though.

Member: Mark...enjoy your time there and don't worry about us, have fun.

Mod: MARK IS PLANNING AN EVENING PODCAST. HE WILL LET US KNOW WHAT TIME. WILL POST IN THE INTEL ROOM

INTEL INFO ROOM: Link: https://t.me/+K_GNVfTI0gFkZWYx

Member: Note: Ppl, remember - Mark is super busy the rest of the week thru the weekend..... Do Not Email Him Unless It Is Life or Death.... that is what Mark requested of us.....

Member: MarkZ I hope you and Zester have a fantastic time at your conference….. get lots of pictures lol. Have a great day everyone.

StacieZ joins the stream at the end Please listen to replay for her information and opinions

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=KCNEVvnDpn4

MilitiaMan & Crew: Iraq Dinar News-Global ASYCUDA System & International Company-Linking National Banks-USA Banks

MilitiaMan & Crew: Iraq Dinar News-Global ASYCUDA System & International Company-Linking National Banks-USA Banks

4-30-2025

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=QYaRcBuhvBY

Iraq Economic News And Points To Ponder Thursday Morning 5-1-25

The Rise In The Value Of The National Currency Has Local And International Causes
 
Economic 04/27/2025  Baghdad: Hussein Thaghab   The Iraqi dinar's exchange rate against the US dollar has witnessed a  significant improvement over the current period, supported by a number of internal and external factors.
 

Most notably, the
 
     country's large financial reserves, the
     prudent monetary policies pursued by the Central Bank of Iraq, and
     signs of a thaw in US-Iranian relations have
 
combined to boost the value of the national currency.
 
Deputy Governor of the Central Bank of Iraq, Dr. Ammar Hamad, said that the
improvement in the Iraqi dinar's exchange rate against the dollar in local markets
is due to the central bank's recent policy. He added that
 
Financial Reserves
 
the country's massive financial reserves are one of the main reasons
behind the improvement in the value of the dinar against the dollar, and
 
we expect the dinar's value to continue to improve in the coming period. He pointed out that
 
the Central Bank of Iraq is working to consolidate the national currency
by adopting policies that are consistent with Iraq's
 
     financial capabilities and the
     requirements of the national economy.
 
Dollar Flow
 
Dr. Nabil Al-Abadi said:
 
“The past few days have witnessed a significant improvement in the exchange rate of the dinar against the dollar,
which is the result of a combination of internal and external factors.
 
On the monetary policy side, the Central Bank has taken strict measures, including
 
     restricting the flow of dollars through auction platforms and
     imposing strict oversight on banks. It has also
     raised the interest rate on dinar deposits,
     which has stimulated the transfer of some cash liquidity.
 

External Factors, such as the
 
     improvement in oil prices and the
     accompanying increase in foreign reserves,
 
have also contributed to this improvement.”  He added that
 
Stabilization
 
these measures, while effective in achieving short-term stability, remain subject to several risks.
 
The Iraqi economy's dependence on oil revenues makes it hostage to global market fluctuations.
 
Furthermore, some austerity measures, such as
import restrictions,
could negatively impact citizens' purchasing power
if they are not accompanied by policies that support local production. He stated that
 
Productive Sectors
 
ensuring the sustainability of this improvement requires structural reforms,
starting with
     diversifying the economic base and
     reducing dependence on oil, through
     developing productive sectors such as agriculture and industry.
 
This also requires
 
     a comprehensive overhaul of the banking system and
     simplifying customs procedures to boost non-oil exports, as well as
     enhancing investment confidence through stabilizing legislative policies. He stated that
 
improving the exchange rate is not an end in itself,
but rather must be a starting point for deeper economic reform.
 
International experience demonstrates that
sustainable monetary stability can only be achieved
through a productive economy capable of confronting external shocks.

Global Pressure
 
Financial expert Dr. Mustafa Akram emphasized that
 
while there is a reason for the
gap between the official exchange rate and the parallel exchange rate of the dinar against the dollar,
the gap has its causes. He pointed out that the
 
opening up between the United States and the Islamic Republic has eased global pressure on remittances to Iran,
 
     reducing demand for the dollar in local markets and
     strengthening the value of the national currency.
 
This coincides with ample supply from the Central Bank in the form of remittances and
other forms of financing, which necessitates strengthening this phase. He pointed out the
 
Electronic Card
 
importance of the Central Bank of Iraq taking action to
 
     reach an agreement with the United States and
     establish an official platform for transactions by
     creating an electronic payment card for use in Iran, Russia, and other sanctioned countries.
 
This would reduce demand for dollars, he noted, noting that
 
this would
 
     serve small traders and travelers,
     address many problems,
     reduce smuggling and illegal trade, and
     increase the value of the local currency.    
  
https://alsabaah.iq/113508-.html    

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

Seeds of Wisdom RV and Economic Updates Thursday Morning 5-1-25

Good Morning Dinar Recaps,

COULD THE SEC SETTLE WITH RIPPLE LAWSUIT USING XRP?

▪️John Squire suggests SEC might settle Ripple case by accepting XRP instead of cash.

▪️Delaying XRP ETF approval could help SEC avoid rising prices before settlement deal.

▪️June 17 ETF delay might be part of SEC’s calculated move, says Squire.

A surprising idea is gaining attention in the crypto world as social media influencer John Squire suggests that the U.S. Securities and Exchange Commission (SEC) could be planning to settle its lawsuit with Ripple by accepting XRP tokens instead of cash.

Will the SEC truly accept XRP as a payment? Let’s find out!

Delaying ETF Could Be a Strategic Move

In a recent tweet that’s now widely shared, John Squire suggests that the SEC could be delaying the approval of XRP spot ETFs on purpose. Because if they plan to settle the Ripple lawsuit using XRP, they wouldn’t want the price of XRP to shoot up too early.

And that’s exactly what could happen if a spot ETF is approved right now. Unlike a futures ETF, a spot ETF buys XRP directly. That demand would send the price soaring, possibly making XRP too expensive for a favorable government settlement.

Therefore, to keep XRP’s price lower, there has been a delay in the settlement process.

If XRP Is Used as Payment

The theory comes after journalist Eleanor Terrett confirmed that the SEC had delayed its decision on Franklin Templeton’s XRP spot ETF until June 17. Squire argues that this delay is not a coincidence but part of a broader strategy.

Squire says that if the SEC accepts XRP as payment, it would show they no longer see it as illegal. He also points out it wouldn’t make sense for the U.S. government to take payment in something they say is not allowed.

Such a settlement could also lead to regulatory clarity for XRP, encourage institutional investment, and possibly mark the beginning of a new bull run for the token.

XRP Price Outlook

As of now, XRP is trading around $2.20, reflecting a drop of 0.63%, with a market cap hitting $129.13 billion.  However, the 1-day chart suggests that if XRP goes above $2.40, it could start a strong upward trend toward $2.60 or even $2.90. But if it falls below $2, it might trigger more big sell-offs.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

NORTH CAROLINA HOUSE PASSES STATE CRYPTO INVESTMENT BILL

North Carolina’s House passed a bill to allow the state treasurer to invest government funds in approved cryptocurrencies with a 71 to 44 vote.

North Carolina’s House of Representatives has passed a bill allowing the state’s treasurer to invest public funds in approved cryptocurrencies, which will now head to the Senate.

The House passed the Digital Assets Investment Act, or House Bill 92, on its third reading on April 30 by a vote of 71 to 44.

Republican House Speaker Destin Hall introduced the bill in February, which would allow the treasurer to allocate 5% of the state’s investments into designated digital assets.

The investments can only be made after obtaining an independent third-party assessment confirming that the crypto holdings are maintained with a secure custody solution and risk oversight and regulatory compliance standards are met.

New amendments allow the treasurer to examine the feasibility of allowing members of retirement and deferred compensation plans to elect to invest in digital assets held as exchange-traded products (ETPs).

The House also passed a related bill, the State Investment Modernization Act, or HB 506, with little discussion on April 30, in a 110 to 3 vote.

The bill aims to create the North Carolina Investment Authority (NCIA) to take over investment management from the treasurer.

If passed into law, the authority to invest in digital assets would transfer from the treasurer to NICA, and approval would be required from its board of directors based on third-party assessments to make crypto investments.

Local news outlet NC Newsline reported that Treasurer Brad Briner supports both bills.

Arizona leads the crypto bill race

North Carolina is second to Arizona in the state-level race to approve legislation allowing local governments to invest in cryptocurrencies.

On April 28, Arizona’s House approved two bills, SB 1025 and SB 1373, proposing different methods for the state to establish a crypto reserve.

Arizona is the only state whose House and Senate have passed crypto-related bills, which are both awaiting Governor Katie Hobbs’ decision.

@ Newshounds News™
Source:  CoinTelegraph

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

Newshound's News Telegram Room Link

Q & A Classroom Link  

Follow the Roadmap

Follow the Timeline 

Seeds of Wisdom Team™ Website

Thank you Dinar Recaps

“Bits and Pieces” in Dinarland Thursday AM 5-1-2025

SWIFT Just Said the Quiet Part out Loud

589bull:  5-1-2025

SWIFT just said the quiet part out loud:

“Tokens allow messaging and settlement to be collapsed into one.”

Translation? The old financial system just admitted it’s cooked.

For decades, banks played a game.

First they’d send a message (SWIFT). Then — hours or even days later — they’d move the money. Two separate layers. Two sets of fees. Two opportunities to stall, skim, and manipulate.

That game’s over.

With tokenized value? There’s no delay, no middleman, no second layer.

When the message is sent — the value moves with it. No waiting. No clearing house. No FX trap.

It’s one move. One strike. Final.

This is exactly what XRP was designed for. Same with XDC and QNT.

Real-time settlement. Frictionless. Immutable. And now SWIFT’s basically admitting they’re switching to that model — after fighting it for years.

Funny how that works.

Now Iraq.

They’ve got a locked-up budget, a brand new CBI headquarters, and a digital banking system syncing up as we speak.

You think they’re doing all that for another decade of 1,300-to-1 rates?

Come on.

This isn’t just about payments. It’s about control.

Once settlement and messaging collapse into one, the middlemen collapse too. That means real money moves start happening without IMF approval, without central bank delays, and without SWIFT’s gatekeeping.

This is how the reset happens.

Not with an announcement.
Not with a press release.

It happens when the plumbing flips behind the scenes… And they start talking like the new system is already live.

SWIFT just did.

Watch liquidity.
Watch corridors.
Watch Iraq.

Because when they say “collapsed into one”, what they’re really saying is:

The storm’s not coming. You’re standing in it.

Source(s):
https://x.com/589bull10000/status/1917533399968866435

https://dinarchronicles.com/2025/05/01/589bull-swift-just-said-the-quiet-part-out-loud/

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

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

Sandy Ingram   As you know the Iraqi Foreign Minister Fuad Hussein left for Washington D.C. to meet with Secretary of State Marco Rubio on Thursday.  But what you many not know is the huge request the Iraqi Foreign Minister had for the United States...The visit signals a deepening partnership between the two nations, which is a good thing for IQD investors.  But the interesting factor that was finally revealed about the meetings was Iraq's request.  Iraq asked the US to reconsider travel warnings ...A move that could make it easier for investors to travel freely to the country...   [Post 1 of 2...stay tuned]

Sandy Ingram  Hussein stressed that the current "Level 4 - Do Not Travel" advisory is hurting Iraq's chances of attracting American businesses and investment.  He explained Iraq's situation has improved significantly and continuing to label Iraq as highly dangerous just doesn't reflect the new reality on the ground anymore...Hussein pointed out some European countries have already updated their travel advisories for Iraq...As of now, it's unclear whether the Untied States will agree to remove or lower the travel warning...If Washington does choose to reconsider it would mark a major step toward opening Iraq's doors wider to American investors and businesses.  Guys this is major!   [Post 2 of 2]

Mike Bara:  Special Non-Florida Live News/Discussion with Special Guest Wolverine!

4-30-2025

https://www.youtube.com/watch?v=MM1xWF430oc