PayPal, Venmo to Roll Out Crypto Buying and Selling

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News Date: June 23, 2020

Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.
Currently, PayPal can be used as an alternative means for withdrawing funds from exchanges such as Coinbase, but this would be a first in terms of offering direct sales of crypto.
Source:coindesk.com

Former FED chairman: gold is currency

Alan Greenspan served five terms as chairman of the Board of Governors of the Federal Reserve System.
Greenspan once said: I view gold as the primary global currency.
It is the only currency, along with silver, that does not require a counterparty signature.
Gold, however, has always been far more valuable per ounce than silver.
Gold is still, by all evidence, a premier currency, where no fiat currency, including the dollar, can match it.
Sources: cmi-gold-silver

Trump Purges 11 Leading Advisors From Defense Policy Board

Several members of the top federal advisory committee to the U.S. Department of Defense have been suddenly pushed out, multiple U.S. officials told Foreign Policy, in what appears to be the outgoing Trump administrations parting shot at scions of the foreign-policy establishment.
The directive removes 11 high-profile advisors from the Defense Policy Board, including former Secretaries of State Henry Kissinger and Madeleine Albright; retired Adm. Gary Roughead, who served as chief of naval operations; and a onetime ranking member of the House Intelligence Committee, Jane Harman. Rudy De Leon, a former chief operating officer at the Pentagon once considered by then-Defense Secretary James Mattis for a high-level policy role, will also be ousted.
Sources: twitter.com, foreignpolicy.com

China astounding Gold reserves to be revealed in CDBC announcement

China hoarded an enormous amount of the precious metal.
China Gold reserves to be revealed in Central Bank Digital Currency announcement that threatens U.S. currency hegemony.
It is expected a major announcement of Chinese gold holdings that would astound most analysts would probably be accompanied with any Central Bank Digital Currency release and mention of gold backing.
Source: asiamarkets

Hong Kong to Become International Gold Trading Hub

John Lee, Chief Executive of the Hong Kong Special Administrative Region, announced plans to develop Hong Kong into an international gold trading center during his third policy address.
He emphasized that Hong Kong is already one of the largest gold import and export markets by volume.
Given the current geopolitical complexities, Lee highlighted Hong Kong's advantages in security and stability, making it an attractive location for gold investors.
This move is expected to boost related activities such as gold trading, settlement, and delivery.
"This will spur development of the related industry chain, ranging from investment transactions, derivatives, insurance, storage, to trading and logistic services," Lee said.

Stephen Miller: DOGE Dividends to Be Settled in Congress

February 20, 2025:
Stephen Miller, White House Deputy Chief of Staff, on DOGE dividend checks:
"It's all going to be worked on through the reconciliation process with Congress."
February 19, 2025:
President Donald Trump speaks at FII Institute's Priority Summit in Miami:
"There's even under consideration a new concept where we give 20% of the DOGE savings to American citizens".

Elon Musk is reportedly considering a bold plan to distribute $5,000 checks to every American, funded by savings generated through the Department of Government Efficiency (DOGE).
Dubbed the 'DOGE dividend,' the initiative aims to return value to taxpayers following significant budget cuts and reforms.
The proposal suggests that taxpayers have long felt their hard-earned money was misused by previous administrations. By compensating them directly, the plan seeks to boost tax morale and restore confidence that their contributions are being used effectively.
Musk's idea draws inspiration from past government stimulus efforts, such as the checks issued under the Trump administration, which provided crucial support to millions.
If implemented, the DOGE dividend could mark a new chapter in government accountability and efficiency, reflecting Musk's vision of streamlining operations while ensuring citizens benefit directly from fiscal improvements.
Details on how the plan would be funded and executed are still emerging, but the proposal has already sparked widespread discussion about the role of government spending and taxpayer value.