Congress letter to encourage the Treasury to utilize blockchain and DLT

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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

Visa Files Patent For Blockchain Digital Fiat Currency

Visa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. The filing is for a fiat-linked cryptocurrency system using a private distributed ledger technology (DLT).
Source:bitcoin.com

Zimbabwe ready to dump US dollar

Zimbabwe Must Revert to Using Own Currency, Ruling Party Says.
ZANU PF National spokesperson Christopher Mutsvangwa says the country will soon dump the American dollar in favor of the local currency, Zimdollar.
He said abolishing the multi-currency would help Zimbabweans get value for their money.
Sources: zwnews.com

Judy Shelton for Fed board, return to the gold standard

Senate banking panel to resume considering Judy Shelton for Fed board.
The nomination of Shelton appeared in jeopardy earlier this year as Republicans and Democrats on the banking panel expressed concerns over her views on the independence of the Fed from the White House, as well as her advocacy in the past for returning the United States to the gold standard.
Source: www.washingtonpost.com

What is the Rainbow Currency?

A rainbow currency is the real value!
The rainbow currency originates in NESARA law section 10:
Creates a new U.S. Treasury rainbow currency backed by gold, silver, and platinum precious metals, ending the bankruptcy of the United States initiated by Franklin Roosevelt in 1933.
A Rainbow Currency backed by precious metals has value unlike the actual US Dollar with no real support.
Sources:NESARA law, New Design

Russia-Turkey Switching to National Currencies statement

In Sochi, Erdogan met Putin to discuss the gas hub and grain deal.
Turkish President Recep Tayyip Erdogan's emphasis on switching to national currencies in bilateral trade during his discussions with Russian President Vladimir Putin signifies a notable shift in Turkey's economic and geopolitical strategy.
Erdogan: Switching to national currencies in bilateral trade is important.
The development of a natural gas hub within Turkey dovetails with this shift in economic strategy.
Putin also stated that Russia will soon deliver free grain to Africa.