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Charlie Echo

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About Charlie Echo

  • Birthday March 26

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  • Gender
    Male
  • Location
    TN

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  • Biography
    Commercial Insurance Agent/Farmer
  • Location
    TN
  • Interests
    Farming, Family
  • Occupation
    Risk Aversion

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  1. https://www.zerohedge.com/energy/iraq-seals-major-oil-deal-chinese-company
  2. https://x.com/CaptKylePatriot/status/1915928176313749848 https://x.com/i/status/1915928176313749848
  3. these were really better than I remembered. Cleaner than the cassettes I use to have. Good find.
  4. And you think they respect you and your belief... wakie, wakie liberal azz
  5. How to Exchange Paper Dinars in the U.S.: The exchange process depends entirely on guidance from the Central Bank of Iraq (CBI), which will likely provide instructions during coexistence period as paper and digital dinars operate side by side. U.S. banks, such as CitiBank or Chase etc. that exchange currency, which already handle international currency exchanges, are expected to partner with the CBI to facilitate this transition. They would integrate with the CBI’s system via an app or API, connecting to the CBI’s centralized blockchain DLT ledger. You’d take your paper dinars to a participating bank, where they’d verify the notes’ authenticity, checking for counterfeits. Once verified, the bank would deposit the paper dinars into the CBI’s digital ledger, and the equivalent value in digital dinars would be credited to a CBI-linked digital wallet. From there, you could hold the digital dinars for future use in Iraq or convert them to USD at the official rate of the CBI at that time. Compliance with U.S. regulations require KYC (Know Your Customer) verification, such as providing ID or proof of the dinars’ origin, to ensure they’re not tied to illicit activity. The CBI’s process is likely to mirror Nigeria’s eNaira model, which provides a clear example of how a central bank can manage a paper-to-digital currency transition When the eNaira launched in 2021, the Central Bank of Nigeria (CBN) partnered with local banks to facilitate the exchange of paper naira for digital eNaira. For the CBI, this model suggests U.S. banks would act as intermediaries, handling the paper-to-digital swap. Why Iraq needs a currency alongside the current 3-zero notes,the 1,000 IQD, the lowest commonly used note, for a revaluation (RV), especially since we now know they’re skipping new paper lower denomination notes and going fully digital with the dinar. The Iraqi dinar’s current denominations include 1,000, 5,000, 10,000 25,000 and 50,000 IQD notes, known as “3-zero notes” The 250 and 500 IQD notes exist but aren’t widely used, think of them like U.S. quarters, So, the 1,000 IQD note is effectively the smallest practical denomination in circulation just like our one dollar bills. At the official rate IQD/USD, a 1,000 IQD note is worth about $0.76, small enough for daily use now. But, if Iraq revalues its currency to, say, 1 IQD/USD, a rate some investors speculate, a 1,000 IQD note would suddenly be worth $1,000. That’s way too large for everyday transactions like buying a loaf of bread or paying for a taxi. So that is why historically, countries revaluing an redenominating introduce new lower denomination notes, like 1, 5, or 25 IQD, alongside the old ones during a transition, with a fix time for old notes to be removed, from circulation, as Turkey and Turkmenistan did as a examples. If not, they could not buy a cup of coffee...It would be chaos. Because the exchange process depends entirely on guidance from the Central Bank of Iraq (CBI), which will likely provide instructions. Until we get them, this looks like the path they may take...I do not work at the CBI this is just a guess of their next move, so do not yell at me lol Much Love, AJ BTW It's still here the Parallel Market rate On Sunday, the exchange rates оf the US Dollar against the Iraqi dinar edged lower in both Baghdad and Erbil markets. the dollar's rates dropped with the closure оf the central Al-Kifah and Al-Harithiya stock exchanges in Baghdad, settling at 147,250 dinars for every 100 dollars, while they recorded 147,300 dinars in the morning. The selling and buying rates at currency exchange stores in Baghdad were set at 148,250 IQD and 146,250 IQD per 100 USD, respectively. Erbil's selling price reached 147,150 dinars for every 100 dollars, and the buying price was 146,050. THAT IS A GOOD SIGN IT'S DROPPING IN PRICE https://x.com/ajsallen/status/1903968473044443562
  6. Everything Will Be Tracked On Blockchain What does that mean for you? 1. XRP unleashed. Ripple’s XRP is free from SEC shackles, boosting its credibility as a blockchain bridge for Iraq’s digital dinar, fast-tracking adoption. 2. Gold-Backed Legitimacy. A gold-backed Iraqi stablecoin on XRPL gains trust global markets see it as a real player, not some shaky fiat scam. 3. Parallel Market Gutted. As it should be. Why? Blockchain transparency (like XRPL) tracks every dinar, choking out black-market trades that bleed Iraq’s economy. 4. Corruption in government & banking will be crushed. Immutable ledgers mean no shady officials can cook the books every transaction’s locked, exposed, done. 5. Revaluation rocket launch. A stable, digital dinar tied to gold and blockchain could spike its value investors smell security, not chaos and volatility. 6. The Stablecoin blueprint. Ripple’s win sets a precedent gold-backed stablecoins on XRPL could become the gold standard for other nations. 7. The speed alone kills SWIFT. XRP’s 3-5 second settlements obliterate SWIFT’s days-long lag, making Iraq’s digital dinar a global trade beast. 8. Security will be locked in. Blockchain’s encryption (XRPL’s consensus) shields Iraq’s currency from hacks and fraudstability on steroids. 9. Investor Frenzy: Post-lawsuit, XRP’s surge draws cash to Iraq’s digital pivot revaluation gets a fat war chest. 10. Which means no more middlemen. Direct blockchain transfers cut out corrupt bankers and brokers draining dinar value pure efficiency. 11. This will have global recognition. Ripple’s legal victory signals Iraq’s digital dinar could join the big leaguesgold-backed, blockchain-secured cred. 12. Stablecoin is stability & security along with transparency. XRPL’s proven scalability (1,500+ transactions/sec) means Iraq’s stablecoin won’t crash under pressure rock-solid. 13. The parallel economy dies automatically. Because real-time tracking on blockchain starves out illegal dinar hoarding official rate rules supreme. 14. This is corruption’s endgame people. Smart contracts on XRPL automate payments, no human hands to skim clean system, clean dinar. 15. Iraq’s new era. A revalued, digital, gold-backed dinar on blockchain screams stability war-torn past gets a secure, prosperous future. They branded me a traitor. History will call me a hero. Stay in the know: https://t.me/EdwardSnowden (https://t.me/EdwardSnowdenTG)
  7. It is in Rumors section... .. I just found it..
  8. https://x.com/EXIT_FIAT/status/1902853919199597004 Video saying it's official....
  9. just moving info for your opinions.... Mike Bara : the IRAQ RV is bound by international treaties signed under the Biden Administration. Drop dead date for Iraq in that agreement is March 31st 2025. Default triggers huge penalties for Iraq and other 3 letter agencies ( think IMF BIS WTO etc ) https://x.com/argosaki/status/1901848848026542464 just noticed the CBD Gurus in top of video.... mind altering... I call BS
  10. https://x.com/CryptoHulk19/status/1876110786671910913 Iraq and Ripple https://x.com/CryptoHulk19/status/1885171120946766291
  11. https://x.com/CryptoHulk19/status/1754242225880596943 Ripple Turkey. Iraq is using with Euros
  12. MASSIVE ECONOMIC SHIFT: RV GCR IGNITES, IRAQ’S FINANCIAL REFORMS ACCELERATE, QFS INTEGRATION UNDERWAY – GLOBAL CURRENCY RESET IN MOTION https://amg-news.com/boom-massive-economic-shift-rv-gcr-ignites-iraqs-financial-reforms-accelerate-qfs-integration-underway-global-currency-reset-in-motion/
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