Central Bank digital currencies Competition

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News Date: August 22, 2020

China CBDC Pilot Program Beats West to the Punch.
Chinas Ministry of Commerce has announced the pilot run of the country's central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau.
Bitcoin and Facebooks Libra cryptocurrency may eventually be in competition with central bank digital currencies.
Source:www.securities.io, www.forbes.com

Gold's Central Bank Buying and Possible Revaluation

Jim Grant is writing about Gold again: The press infatuation with pronouncing Gold dead, Central Bank purchases and history, Gold's performance in 2022 as inflation hedge (not so good), the potential for European Central Bank revaluations.
Also, The Governor of the Dutch central bank stated the gold revaluation account ensures the solvency of his central bank in an interview on television about prospective losses.
Sources: vblgoldfix, gesara.news

Q phones are coming. Say goodbye to old phones

Q-Phones are already developed and manufactured in Germany, the United Kingdom with a final software upgrade in the United States.
This smartphone is 3 dimensional and of the highest quality.
It will become one of the main tools for direct credit and expenditures in daily life for consumer retail and business commerce domestically and internationally.
This is a five hundred billion dollar manufacturing operation in three countries.
Cost may increase as seven billion Q-phones will be disbursed to all people on earth.
The QFS will create its own Internet that will work off its trinary code and perhaps a G8 network for SATCOM.
Sources: t.me/ITandTechnologies

The Kraken is a Cray XT5 supercomputer to Break Petascale

The University of Tennessee supercomputer, Kraken, has broken a major barrier to become the worlds first academic supercomputer to enter the petascale, performing more than 1 thousand trillion operations per second, a landmark achievement.
The Kraken Cray XT5 supercomputer at the National Institute for Computational Sciences (NICS) has been upgraded to become the first academic computer in the world to exceed one petaflop of calculation power.
Sources: news.utk.edu, news.softpedia.com

Countries normalizing relations with Israel

Israeli estimates indicate that there are Arab and Islamic countries on their way to sign an agreement with Tel Aviv, before the end of the term of the current US President, Donald Trump, on the twentieth of next January. This comes after the Moroccan monarch announced, yesterday, Thursday, the resumption of official bilateral contacts and diplomatic relations with Israel, shortly after the announcement by the outgoing US President Donald Trump on Twitter in which he confirmed that "Israel and the Kingdom of Morocco have agreed to establish full diplomatic relations between them."
Sources: twitter.com, search4dinar.wordpress.com

Dutch Central Bank Preparing for the Gold Standard

Update from November 18, 2023:
The Dutch Central Bank (DNB) disclosed in a recent interview that it has modified its gold reserves to bring them into line with those of other nations within and outside the eurozone.
Motivated by political factors, this policy seeks to maintain strength and balance in reserves in relation to GDP.
Additionally, DNB proposed that during a financial crisis, an increase in the price of gold might make it possible to utilize official gold reserves as a stabilizing mechanism to uphold or create a new gold standard.
News from November 3, 2022:
Dutch Central Bank discussing Gold Revaluation
The DUTCH government openly discussed canceling debt by revaluation of the Gold price.
The Governor of the Dutch Central Bank stated the gold revaluation account ensures the solvency of his central bank in an interview on television about prospective losses.
Sources: gainesvillecoins