China testing digital yuan in four cities

Gesara.news » News » China testing digital yuan in four cities

Share via:

News Date: May 5, 2020

The app is available for download in four cities selected for the initial trial: Shenzhen, Chengdu, Suzhou and Xiongan. She highlights the inclusion of Xiongan, a new metropolis located on the outskirts of Beijing
Source:coindesk.com

The long awaited Gold Standard is here

Zimbabwe will start issuing digital currency next month that is backed by gold.
On May 8, the public will be able to purchase a digital currency backed by gold from Zimbabwe's central bank.
Additionally, RBZ introduced smaller gold coins in weights of tenths of an ounce, quarters of an ounce, and half of an ounce.
The smallest coin weighs just over 3.11 grams and costs US$188.48 or its equivalent in local currency at the interbank rate.

Gold is the Real Safe Haven Asset

Gold is finally outperforming the way one would imagine. It's not always about the absolute performance as it is about the relative performance.
As Bitcoin surged from March 2020 through 2021, the market was convinced that Bitcoin was the "new" digital gold, the new store of value asset.
As Bitcoin surged to new highs at each passing day, this became a self-fulfilling prophecy.
Gold was seen as the stepchild, given no attention whatsoever as traders chased the greed and FOMO 100%+ returns in crypto assets.
Year to date, Gold is now up 6% vs. Bitcoin down 25%.
Source: thestreet.com

China trials cross-border settlement involving CBDC

China trials cross-border settlement involving cenbank digital currencies.
The bridge test was developed by the Bank for International Settlements.
A central bank digital currency trial focused on cross-border transactions has been completed, BIS said, with Chinese state-owned banks participating as Beijing tries to internationalize its digital yuan.
Sources: reuters

TR-3B USAF experimental anti-gravity craft. Proofs

It does not exist officially. It uses highly pressured mercury accelerated by nuclear energy to produce a plasma that creates a field of anti-gravity around the ship. Conventional thrusters located at the tips of the craft allow it to perform all manner of rapid high speed maneuvers along all three axes. Interestingly, the plasma generated also reduces radar signature significantly. So it is almost invisible on radar & remain undetected. This literally means that it can go to any country it likes without being detected by air traffic control & air defence systems.
Alien conspiracy theorists, who also believe world leaders capture flying saucers and reverse engineer them before creating their own hi-tech space craft, claim a mysterious US Air Force TR-3B may have been filmed flying over Enfield, north London.
Sources:newsinstact.com, www.military.com, www.express.co.uk

Craft using an inertial mass reduction device Patent US10144532B2

Craft using an inertial mass reduction device comprises of an inner resonant cavity wall, an outer resonant cavity, and microwave emitters.
The electrically charged outer resonant cavity wall and the electrically insulated inner resonant cavity wall form a resonant cavity. The microwave emitters create high frequency electromagnetic waves throughout the resonant cavity causing the resonant cavity to vibrate in an accelerated mode and create a local polarized vacuum outside the outer resonant cavity wall.
Sources:patents.google.com