Declaration for Global Peace and Prosperity

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News Date: September 6, 2021

The Declaration of the People of the United States for Global Peace and Prosperity was introduced today by Simon Parkes on his website.
The statement is about the QFS, RV, and Spiritual revolution. It has been written by the good guys of this planet.
Anyone should be interested to read it.
Sources: simonparkes.org

Federal Reserve Endorses Ethereum-Backed Alternative To Libor

Jerome Powell, the current Chair of the US Federal Reserve, recently stated that an Ethereum-backed blockchain project operating as a reference rate called AMERIBOR could serve as a potential replacement to LIBOR.
Goldman Sachs-backed crypto finance startup Circle has published the latest third-party audit of its USD-pegged stablecoin, USD Coin (USDC). USD Coin is on the Ethereum blockchain. The execution of issuing and redeeming USDC tokens is ensured with ERC-20 smart contract.
Source: forbes.com
A district court in China has reportedly ruled that Ethereum's cryptocurrency is legal property with economic value.
While cryptocurrency is not legal tender in China, people can hold and transfer them like property.
Source: bitcoin.com

Saudi Arabia to End Petrodollar Pact

In June 2024, Saudi Arabia is expected to announce that it will cease all oil sales in US dollars, marking the end of the 50-year Petrodollar Pact signed on June 6, 1974, which expires on June 9, 2024.
The decision not to renew this pact stems from Saudi Arabia's recent invitation to BRICS and its move towards dedollarization.
Crown Prince Mohammed bin Salman has informed the Saudi government that the country will no longer accept US dollars for oil transactions.
This shift includes considerations to accept other currencies, such as the Chinese yuan, for oil sales, as reported by the Wall Street Journal on March 15, 2022.

Gold and Rubles Exchanged in Digital Form

Digital Gold Traded for Digital Rubles by Russia's Rosbank.
Rosbank has brokered Russia's first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble.
Source: bitcoin.com

Fed to print 9.5 trillion and buy all the gold in the world

To test the value of the printed money, I suggest that the Fed prints $9.5 trillion and buys all the gold in the world, including jewelry, of 170,000 tonnes at the current price of $55.6 million per tonne. If they don't understand what will happen, I can tell them. They would have real problems getting hold of 1 tone of physical gold at that price. By the time they buy the second tonne, the market will value the dollar at its intrinsic value of ZERO, and gold measured in worthless dollars will go to infinity.
Source:goldswitzerland.com

Quantum computing to crack cryptocurrency in 8 years

Ripple CTO David Schwartz says quantum computing poses a serious threat to the future of cryptocurrency.
Schwartz says he thinks developers have at least eight years until the technology, which leverages the properties of quantum physics to perform fast calculations, becomes sophisticated enough to crack cryptocurrency.
Source:www.crypto-news-flash.com