Gesara.news

Articles

Zimbabwe introduces a new gold-backed digital currency

Gesara.news » » Zimbabwe introduces a new gold-backed digital currency

Date: October 9, 2023

Zimbabwe has unveiled a groundbreaking digital currency called 'Zimbabwe Gold' (ZiG), backed by gold in milligrams.
This move is part of the country's de-dollarization strategy and efforts to combat inflation.
The Reserve Bank of Zimbabwe (RBZ) is offering ZiG for both individuals and corporations, providing a stable and versatile means of transacting.
By linking the digital currency to gold, Zimbabwe aims to restore confidence in its monetary system and attract investment, potentially setting an example for other nations facing similar economic challenges.
ZiG represents a significant step towards financial stability and innovation in Zimbabwe.

Russia is working on stablecoin pegged to gold

Russian gov't working on stablecoin settlement platform between friendly nations.
Russia's Finance Ministry has reportedly begun working with the governments of 'friendly' nations to establish a cross-border stablecoin-based payments platform.
'Stablecoins can be pegged to some generally recognized instrument, for example, gold, the value of which is clear and appreciable for all parties involved,' said Alexey Moiseev.
Sources: cointelegraph.com

Trump Calls on Biden to Resign

Trump short statement: It is time for Joe Biden to resign in disgrace for what he has allowed to happen to Afghanistan, along with the tremendous surge in COV ID, the Border catastrophe, the destruction of energy independence, and our crippled economy.
It shouldnt be a big deal, because he wasnt elected legitimately in the first place!
On Sunday, Taliban insurgents made their way into the capital city of Kabul, seizing control. Prior to the takeover, many, including Afghan President Ashraf Ghani, fled for fear of their lives.
The White House on Sunday tweeted a photo of Joe Biden sitting by himself as Afghanistan falls to the Taliban.
Sources: t.me/real_DonaldJTrump, www.newsmax.com

Next generation supersonic jet

Virgin released a few fantastic conceptual designs of the new supersonic commercial aircraft that would have the capacity for 9 to 19 people at an altitude above 60,000 feet.
The now-retired Concorde flew at average cruising speed around Mach 2, which would mean the Virgin aircraft could hit speeds over 2,300 mph, or about 50% faster.
Sources:liveandletsfly.com, www.zerohedge.com

FedNow Approved. Interoperability with private-sector ASAP

The Board of Governors of the Federal Reserve System (Board) has approved the FedNow Service.
The Federal Reserve is committed to using widely accepted standards in designing the FedNow Service to aid in accomplishing the key goals of achieving nationwide reach for instant payments and promoting interoperability with the existing private-sector service. To support these goals, the service will use the widely accepted ISO 20022 standard.
The Federal Reserve intends to launch the FedNow Service as soon as practicably possible. Although the target release date remains 2023 or 2024.
Sources:www.federalregister.gov, www.pymnts.com

CEOs resigning conspiracy theory

Over 24 hours the CEOs of Disney, MasterCard & Salesforce Resigned.
Over Past Month, CEOs of Hulu, LinkedIn, Uber Eats, MGM, IBM, etc. resigned.
Over the past year, 1300+ Global CEOs resigned.
Market Crash? Child Rink bust? Rapture?
Source:reuters.com

← Go Back