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Goldilocks and Seeds of Wisdom
Goldilocks posted comments and links:
As the decision on the debt ceiling looms today, market futures are currently pointing towards the red.
We have a lot of big investors who have gone into cash waiting to see what happens on this decision.
This makes for a volatile Market situation. As we have discussed before in this room, 70% of the market are investments made by the average consumer.
We are seeing people place their money inside investments such as gold and crypto to secure their money during this period of transition.
The mass adoption of digital/gold and other commodity assets are rapidly becoming the most profitable way forward.
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JUST IN: Chinese Yuan reaches record usage in global central banks swap lines in Q1 2023.
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“Unveiling G-7’s Pledge to Implement Crypto Norms: A New Era in Financial Regulation.”
The International Group of Seven is an intergovernmental political forum consisting of seven countries.
Stablecoins are high on this agenda and most likely will be for the next several years.
This does not mean we cannot move forward with the new digital asset-based trading system. Many stablecoins are already being utilized inside the economy as payment sources.
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The struggle is standardizing norms and protocol leadership guidance on these new payment mechanisms.
As you see, this has moved beyond the US Congressional level and onto the Global Economy.
We are not only transitioning a global economy. We are transitioning into a “shared global leadership economic model.”
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The Commodities Futures Trading Commission (CFTC) is finalizing their clarification of new roles in the new economy. This clarification will come by the end of May.
This new subcommittee will be overseeing and giving guidance on the new digital asset-based trading system that includes currency swaps, the derivative markets, gold standardization, and so much more.
This new subcommittee has been formulated to deal with the new global digital economy already underway.
https://www.cftc.gov/PressRoom/PressReleases/8703-23
Source: Dinar Recaps
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