Re <<What? A BRICS currency partially backed by gold to be issued in August?
How did I miss it?>>
... C2, you were too busy, is all.
... the links of a few key currencies and Gold are givens, especially once permission on the Shanghai Gold Exchange, the largest physical gold exchange in the known galaxy, adding to the gold exchange of HK where HK$ is automatically permission-ed by definition, enables gold per neo-use-case.
Let me try best to focus your attention, and leave out the 'agnostic' word
Message 34259695 "the pandemic and the 'special' military operations both acted as accelerant to adoption of brand-new-old use-case of gold, and with wide and widening social following, that be 'money'"
Message 34311798 "10) Gold finds formal use-case w/ BRICS+19 as one trade clearing 'thing'"
Message 34218925 "The new currency should be able to become an “external money” storage of capital and reserves down the road, not just a settlement unit..."
Message 34310318 "Massive: Gold Closer to Centralized Clearing in BRICS Solution to SWIFT"
Message 34324996 "(9) Very interestingly, when he spoke about planetary debt levels, he asked me, remembering from 30+ years ago, "J, are you still saving in gold?". On the affirmative response, he told the Coconut to listen to dada."
I remind you Message 34081758 of circa November 15 2022
| To: Pogeu Mahone who wrote (193533) | 11/15/2022 9:17:45 PM | | From: TobagoJack | Read Replies (18) of 199717 | | | 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 |
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