Congress letter to encourage the Treasury to utilize blockchain and DLT
Gesara.news » News » Congress letter to encourage the Treasury to utilize blockchain and DLT
News Date: May 5, 2020
Eleven members of Congress are calling on the U.S. Treasury Department to look at new technologies, including blockchain and distributed ledger technology (DLT), to help streamline how cash and supplies are distributed under a federal law trying to boost the economy during the COVID-19 crisis.
Source:coindesk.com
Countries Repatriating their Gold
In recent years we have seen the likes of Germany, Austria, Belgium, Venezuela, and the Netherlands each repatriate their gold from various locations.Hungarian National Bank is set to repatriate 100,000 ounces of gold from England.
The pace does appear to have been picking up since Venezuela decided to repatriate its 180 tonnes of gold in 2011.
Also Inspired by Polish example, Slovakia considers repatriating gold from the UK.
Serbia, later on, joined Slovakia in this Sudden Eastern European Gold Repatriation trend.
Countries across the globe are trying to shake off their dependence on the dollar by buying up yellow metal.
Countries around the world are looking for precious metal to cure their dollar dependence.
The main switches are China and Russia. But Eastern Europe is now joining in for its own reasons like many.
Source: youtube.com
Quantum Financial System QFS and the BlockChain
Old Fiat Currency is false money supported by the Central Bank, banking system of debt slavery.QFS has no comparison to anything that has ever been presented to the world before. It is like an antigravity machine compared to a car. There is no real basis to understand this technology.
Now if we discuss about the Quantum Financial System and its interrelation with Blockchain and future banking then we came to know that QFS is dealing in blockchain, shared ledgers and distributed ledger technologies, cryptocurrencies, virtual currencies and digital currencies. QFS is stored and operate on the satellite-based servers based on Quantum Computing. The reason is Quantum Computing is more secure and advance, because of its pattern of processing, the quantum computing uses two or more quantum states together to create another state by firing electrons through semiconductors using configurable pulse of light which results fastest state of speed. That's why Quantum Computers store far more information requiring less energy and deliver more speed than current state computers.
Quantum Financial System is the future of the banks because it provides methods to perform everyday tasks better than a traditional computer. This technology will replace blockchain and cryptography within a period of ten years.
Sources:inteldinarchronicles.blogspot.com, dinartimes.com, dinartube.com
Trump announces historic deal between Serbia and Kosovo
Serbia and Kosovo have agreed to normalize economic relations, following U.S.-brokered talks that include Serbia moving its Israeli embassy to Jerusalem and Kosovo formally recognizing Israel.U.S. President Donald Trump made the announcement Friday, after meeting with Kosovo Prime Minister Avdullah Hoti and Serbian President Aleksandar Vucic in the Oval Office earlier in the day.
Sources:twitter.com/WhiteHouse, www.voanews.com
US Rep Calls for Abolishing Income Tax
Rep. Thomas Massie posted on February 24 that the federal income tax was unconstitutional for much of U.S. history and called for its repeal.Massie: "The federal income tax was unconstitutional for most of our countyâ??s existence.
The founders of this country would have never agreed to it.
We should repeal it."
The largest Tax Relief Package in Florida
Florida governor announces new Florida tax holidays and exemptions.Ron DeSantis Signed the Largest Tax Relief Package in Florida History.
Florida tax relief bill focuses on saving money for families with young children.
The tax relief bill will save Floridians an estimated $1.1 billion.
Sources: fox35orlando.com