CBDC Currency Reset
 
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CBDC Currency Reset

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BlueJay
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https://u.today/xrp-ledger-transactions-can-now-be-initiated-offline-what-is-xpop#h20

No Internet needed for XRPL transfers According to a presentation demonstrated by XRPL Labs at Apex Developer Summit in Tallin, its team created a viable prototype of the system that allows users to initiate XRP transfers offline. Proudly showing xPoP, "Proof of Payments" as presented by Richard at the #ApexDevSummit (location: @XRPLF Tallinn, Estonia) xPoP generates an animated QR containing everything needed for *offline* (!) XRP Ledger transaction proof (vending/casino's/...) https://t.co/ATukow1cZU — XRPL Labs (@XRPLLabs) October 6, 2021 XRP Ledger's Proof of Payments protocol (xPoP) can be utilized by a variety of devices that are not connected to the Internet 24/7. For instance, it is compatible with vending machines and public transport. A device with xPoP integrated issues a QR-code on its display or on paper, while the holder of XRPL-based assets can repay it in an instant decentralized manner. XRPL Labs representatives are sure that this innovation can give a proper spin to XRPL retail adoption's flywheel: As XRPL Labs aims to solve the "chicken/egg problem", we started with 100% focus at end users & the ecosystem. We feel that it's time to start focussing on retail as well. xPoP is one of the useful developments for future retail adoption, and so: for the entire ecosystem. xPoP public beta is on its way to release XRPL Labs added that xPoP's intellectual property belongs to the XRP Ledger Foundation, a non-profit that coordinates community-driven initiatives from the XRP community. Thus, the source code for the new instrument will be published once its "public beta" version is ready for open testing.

https://www.bis.org/about/bisih/topics/cbdc/polaris/invitation.htm

Project Polaris - Invitation to a deep-dive event for offline CBDC solutions

Why this is important

  • The provision of offline functionality could be complex. There are many issues that will need to be addressed, yet there has not been enough discussion about what offline operations for CBDC mean in practise and its implications. This applies across the public and private sector ecosystem.

  • This deep dive will enable experts from the BIS IH to gain deeper insights into the range of solutions currently available and to have an open two-way dialogue on a range of topics that could improve central bank knowledge, strategies and investment decisions.

  • It could also help central banks, better articulate their expectations and therefore what could be required from the private sector in providing solutions suitable for CBDC, therefore potentially reducing any gaps or resolving assumptions.

  • Solution providers chosen to participate will play an important and influential role in this activity.


https://usa.visa.com/dam/VCOM/global/sites/visa-economic-empowerment-institute/documents/veei-secure-offline-cbdc.pdf

Insights • Many central banks that are exploring the creation of a central bank digital currency believe the ability to conduct a secure offline transaction is a requirement. • Offline transactions are not a given, and without finding a secure solution, CBDCs could open themselves up to digital counterfeiting. • Visa’s research and product teams have proposed the creation of a secure payment system protocol that can allow a user to make a digital payment in CBDC while both the sender and receiver are temporarily offline.

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BlueJay
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Delisting refers to the practice of removing the stock of a company from a stock exchange so that investors can no longer trade shares of the stock on that exchange. This typically occurs when a company goes out of business, declares bankruptcy, no longer satisfies the listing rules of the stock exchange, has become a private company, has become a subsidiary after a merger or acquisition, or wants to reduce regulatory reporting complexities and overhead, or if the stock volumes on the exchange from which it wishes to delist are not significant. Delisting does not necessarily mean a change in company's core strategy.[4] 

https://en.wikipedia.org/wiki/Listing_(finance )

I was just listening to a Japanese YouTuber who talked about “Delisting” done by Rothschild during the Great Depression. The “delisting” by Rothschild became the dagger to the heart of the global market post the crash of 1929. 

I found the following essay by Paul Solomon, sounds like Ashkenzai Jew, to debunk the delisting as a Rothschild conspiracy; however, the history is about to repeat according to the YouTuber.

https://paulsalmons.associates/blog/conspiracy-theories  

Let’s all watch what the ghetto dwellers from Germany are about to repeat with the world market. Note: Johnny SS Azov Chief, aka Lying King sucks up to the creatures in the City of London.

The "delisting" may apply not only to stocks but also to other assets such as cryptos.

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BlueJay
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https://www.youtube.com/watch?v=T5EnlG6izDc

Message to the Bank of Japan: It's Impossible to Unwind a Ponzi. [43:56 min video]

Kazuo Ueda has been appointed as the new governor of the Bank of Japan (BOJ), taking over from Haruhiko Kuroda. Ueda, a former BOJ official who served from 2008 to 2015, will be tasked with unwinding roughly 23 years of quantitative easing and reducing Japan’s $5tn balance sheet. One reason Ueda was appointed was that Kishida’s first choice, deputy BOJ governor Masayoshi Amamiya, refused the position.

 

Dear Mike & Mario,

The ponzi started in the UK, so it needs to stop there first, don't you think?  PM Kishida will be replaced shortly, or so I am hearing. 

Please also address to the incompetent leaderships ( an oxymoron) in the UK and US that Japan is not responsible for the fact that your countries are not able to build fighter jets that can compete with those produced in Russia. 

Also, please note the Article 9 of Japanese Constitution was imposed by the Anglo Axis post WWII. 

https://www.aljazeera.com/news/2022/12/9/japan-uk-and-italy-to-collaborate-on-fighter-jet-project  

https://en.wikipedia.org/wiki/Article_9_of_the_Japanese_Constitution

Thank you.

PS, Please also remember that Japan is a Deep State vassal state that is occupied by the US (an extension of the UK), so Japanese people are shackled in chains. When the slave Japanese politicians refuse to be docile puppets, we are hit with major earthquakes like Turkey and Syria just did. 

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BlueJay
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https://blog.digital-euro-association.de/en/en/digital-euro-association-partners-with-ripple-0  

Digital Euro Association partners with Ripple

Feb 11, 2022 11:34:00 AM / by Digital Euro Association

The Digital Euro Association (DEA) is delighted to announce its partnership with Ripple as a supporting partner to jointly work on central bank digital currencies (CBDCs). Ripple, one of the leading providers of enterprise blockchain and crypto solutions for cross-border payments, has recently developed a blockchain-based infrastructure to support CBDCs and is engaged with Bhutan’s central bank, amongst others, to help execute their CBDC pilot. Ripple is also a member of the Digital Pound Foundation and continues to extend its efforts around CBDCs worldwide. The DEA partnership with Ripple includes, amongst others, joint educational efforts around digital currencies and knowledge exchange.

"We are thrilled that, due to the partnership with Ripple, we can extend the technological expertise of the DEA community. As more and more CBDC projects worldwide reach advanced stages, technological design of a CBDC will play a key role for policy-makers in the near future, while previous years focused primarily on research",

said Jonas Gross, Chairman of the Digital Euro Association.

 We are excited to join the Digital Euro Association as a supporting partner to further develop our work in the CBDC area. The DEA is working across Europe and global markets to drive the development and growth of CBDCs and, specifically, the Digital Euro. Ripple has invested significantly in the CBDC world, with a team of around 40 people globally, helping develop and deliver solutions for CBDCs and stablecoins. We look forward to working with the DEA to further our work on CBDCs over the next few months”

said James Wallis, VP of Central Bank Engagements, Ripple.

 About the DEA 

The Digital Euro Association (DEA) is a think tank specializing in central bank digital currencies (CBDCs), stablecoins, crypto assets, and other forms of digital money based in Frankfurt, Germany. In particular, it focuses on the digital euro. It is the DEA's mission to contribute to the public and political discourse through research, education, and by providing a platform and community for policy-makers, technologists, and economists to discuss digital money-related topics. The DEA is committed to independence and excellence, aiming to set the agenda and to shape policy by encouraging new ideas and forward-thinking in the field of digital money.

 

About Ripple

Ripple is one of the leading providers of enterprise blockchain and crypto solutions for cross-border payments. Ripple’s long-term vision is to enable the Internet of Value, where the world moves value like information moves today. Through RippleX, Ripple contributes to accelerating the Internet of Value by participating in a community of developers  and inspiring members to build solutions that use the XRP Ledger, its native digital asset XRP, and related technologies.

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BlueJay
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In contrast:

The Bitcoin Delusion

COMMENT: Mr. Armstrong, Now with Switzerland outlawing a cashless society, I understand your point that cryptocurrency is really a dead end. Without power, it cannot exist and as you said in times of war, you take down the power grid and they can do that with an EPM pulse. These Bitcoin zealots are clueless about history and humanity. It’s just another way to separate a fool from his money.

Thank you for the education

BH

REPLY: The whole blockchain was the perfect creation of a totalitarian state. They can trace everything. How would you bribe politicians? It would all have to revert to barter. Do this and I will give you that – off the grid. This is why people are still buying real estate, precious metals, ancient coins, art, collectibles, and various things that are tangible and are thus off the grid.

Having funds in any cryptocurrency is still on the grid. When I was one of the three top market-makers in gold back in the ’70s, the IRS walked in and said they declared me to be a bank. Thus, I was supposed to report every transaction of $10,000 or more. They acknowledged I did not realize I was a bank, so they waived the fines. They seized all my records and went off to audit over 3,000 clients. They claimed that gold was not DEMONETIZED as money, just suspended for a while. I retired because I was supposed to report customers but not everyone else in the field. My lawyers said I could fight it. It would take years. My model warned that gold would decline for 19 years anyway so I choose to retire. The clients still wanted the research and thus Princeton Economics was spun off separately.

To read more:

https://www.armstrongeconomics.com/world-news/cryptocurrency/the-bitcoin-delusion/

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Vlastimil
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@bluejay Smart thinking -

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Vlastimil
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Definitely Russians world - which is BRICS and associates will seek ASSET BASED CURRENCIES FOR INTERNATIONAL TRADE, West seeks DIGITAL ETHEAR like a vapour of real wealth. West has no other choice. They can not redeem what they created they can kick the can only down the road and there waits only DIGITAL SCAM....diversion of reality. BRICS will build world on REALITY while West is left to MIRRORING of reality...or a shadow.

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BlueJay
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https://www.gulf-insider.com/switzerland-the-first-country-to-outlaw-a-cashless-society/

As in neighbouring Germany and Austria, cash is still king in Switzerland albeit a much diminished one. But the Swiss will soon have the chance to vote on whether to preserve notes and coins indefinitely.  

A Swiss pressure group with libertarian leanings called the Swiss Freedom Movement (FBS) announced it had collected enough signatures (111,000) to trigger a national vote on preserving cash for posterity. If passed, the initiative would require the federal government to ensure that coins and banknotes are always available in sufficient quantities. What’s more, any attempt to replace the Swiss Franc with another currency — quite possibly a reference to a central bank digital currency — would also have to be put to popular vote.

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