______________________________________________________
Rob Cunningham | KUWL.show
@KuwlShow
ALL IN or NO Level Playing Field
Q: Could a globally interoperable DLT monetary system meeting ISO20022 and GENUIS ACT standards function as designed with fiat issued currencies lacking verifiable, sound, 1:1 collateral and be fair to all parties involved?
A: No.
A globally interoperable DLT monetary system cannot be fair to all parties if fiat lacking verified collateral is exchanged through atomic settlement.
Atomic settlement can guarantee that both sides exchange simultaneously. It cannot guarantee that the assets exchanged are honestly represented, equivalently sound, or fairly valued.
Unverified collateral breaks the fairness condition.
For the system to be fair, the value backing each monetary instrument must be transparent and verifiable so every participant knows what they are receiving and can freely price and accept – or reject – the exchange.
Atomic settlement guarantees e*******n.
Verified collateral enables truthful valuation.
Both are required for a fair monetary system.
Advertisement
______________________________________________________
Source(s):
• https://x.com/KuwlShow/status/2089151868446421317
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is an informational news aggregator. All content, including third-party reports and community commentary, is provided for educational purposes only. We do not provide financial, legal, or tax advice. We do not recommend the purchase or sale of any currency or investment. Please consult with a licensed professional before making any financial decisions.
Copyright © Dinar Chronicles
______________________________________________________
