Arca first SEC regulated fund Ethereum based
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News Date: July 12, 2020
Asset management firm Arca has announced the first-ever products regulated under current SEC standards(U.S. Securities and Exchange Commission), adhering to the strictest investor protection laws globally.
Financial institutions could potentially use these digital assets for a wide range of use cases, including payments, lending, clearing and settlement, trading and treasury management.
Arca Labs, chose the Ethereum blockchain, one of the largest public blockchains, launching so-called digital securities ArCoin, which uses the ERC-1404 protocol.
Source: www.ar.ca
Fiat destruction. Crypto or gold?
The world stands on the threshold of monetary hyperinflation with the US dollar leading the way. The final months of fiat money are coming into view.The final solution is bound to be with central banks and government treasury departments retaining their control as issuers of money by the only means at their disposal: deploying their gold reserves to back their currencies, not as fiat, but as credible gold substitutes.
The crypto cohort is likely to have an important effect, in that it sparks an early realization in a growing part of the wider population about what government is doing with money. That is likely to speed up the collapse of fiat currencies compared to what would otherwise occur.
The flexibility in the supply of monetary gold and the stability of prices allows the original rate of interest to be both low and stable. It allows entrepreneurs to do business calculations with a high degree of certainty, knowing in terms of goods the value of money. And savers, who provide the monetary capital for future production can be confident of the future capital value of their savings when lending them for business investment purposes.
Sources: kingworldnews.com, www.zerohedge.com
Gold is real money, store of value, alternative to cash
Schiff: Because I think they are also underestimating just how much inflation global central banks are going to create - in particular the Federal Reserve - and how much value the US dollar is going to lose against other fiat currencies, but in particular against real money, which is gold.I don't even look at gold bullion as an investment. I look at it as a store of value - as an alternative to cash.
I think gold is going to make a much bigger rise against these fiat currencies. But as an investment, I think investors should be at gold mining stocks. Fed is not winning a long-term game. They continue to print money, devalue the currency, and continue to essentially run the American currency into the ground.
Peter responded saying that just because blockchain technology has value doesn't mean bitcoin itself does.
Sources:www.zerohedge.com
IRS Closing, Trump proposes eliminating payroll tax
IRS Quietly Closing Offices During COVID-19 Crisis, But Union Says It's Not Enough.Trump proposes eliminating payroll tax through the end of the year.
Remember NESARA Section 2. Abolishes the income tax.
Sources:nbcnews.com, forbes.com
American Sovereignty Restoration Bill
H.R.204 - American Sovereignty Restoration Act of 2019:This bill directs the President to terminate U.S. membership in the United Nations (U.N.) and all affiliated bodies. It also ends U.S. participation in all U.N. conventions and agreements.
Funds may be appropriated to facilitate U.S. withdrawal from the U.N. No funds may be made available for contribution to or paid to any U.N. body. No member of the U.S. Armed Forces may serve under U.N. command, and no funds may be used to support Armed Forces participation in U.N. military operations.
President Donald Trump spoke to the 74th session of the United Nations General Assembly. He said "The future does not belong to globalists, the future belongs to patriots."
Sources:www.congress.gov, www.youtube.com
White House is green. The endgame
St. Patrick was good. The white house is green. Know what I mean?Is it GO TIME for the ENDGAME (last stage) and time for the traitors.
This is about Revelation. The Beast to be exposed!
Sources: www.youtube.com