FWIW, following top to Message 34081758 circa 2022 11 15
blockchain enabled by crypto definitely have use-cases, and I had lunch with a fellow this past Sunday, and got some guidance (1) HK shall regulate but legalise crypto trading (a known-known) (2) alongside central bank digital currencies exchanging (another known-known) (3) initially starting with a few nation-state partners (not widely if at all known) (4) after which shall roll across the map (logical deduction) (5) I confirmed with him 'but if HK allows this that would mean the allowed cryptos shall be useful for many things', and he nodded, and I laughed (I love it) (6) I asked 'why?' as in why the initiative, and how does the FTX affect rollout, and he said FTX is a non-issue, and the matter is of strategic import. Am told to guess that SWIFT shall be past best-use-by date within 48 months from now, and am being conservative / polite. Let's see. If such be the case, we can start 48 months countdown.
Recommendation: GetMoreGold I update, re (1), well underway, and now talents gathering as legislations more done than not
re (2), reiterate forward guidance
re (3) initial partners be China, Hong Kong, Thailand, and UAE
re (4) BRICS, and BRICS+, as national crypto readied at least for physical trade / commerce / investment purposes
re (5) looking good, especially as ~500 corporate securities shall be made available for instant-settlement / no-daylight trading in the approved CBDC and digital asset pairs, in Hong Kong and other centres (think Moscow Stock Exchange, same again in Saudi Arabia and UAE, etc etc - in other words, planetoid trading of stuff and assets, over time
re (6) the strategic imperative more so than ever, and the goal is to have trades done in foreign trade derived CBDCs (easily identifiable), and the funding able to go into cross-border assets, and ... (drum roll) ... gold
My counterparty was sandbagging me, says he reckons 36 months from last November, meaning
Am told to guess that SWIFT shall be past best-use-by date within 36 months from now, and am being conservative / polite. Let's see. If such be the case, we can start 36 months countdown. 30-months sets the date ~start-2026, smack dab close-enough for government-work TeoTwawKi, flushing the system towards 2032 Darkest Interregnum.
I dunno, am habitually agnostic, but sure looking like we have the what, how, and when, as well as the who's |