Tuesday Night Opinions @ 10:13 PM CST - 12/13/2022

[ronscarpa]

Remember, no one really  knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt...  RON 

 

 

Sandy Ingram  Breaking news out of Iraq. This is what we've been waiting on - Insight into Iraq's plans. Article: "First Iraqi Bank Announces Iraq's Fully Digital Bank, Gears for a Cashless Economy in the Country" ...Each customer will be assigned an IBAN (International Bank Account Number) to allow cross-border transactions...the article did not mention an RV...the key question is will you need to be an Iraqi citizen or have Iraqi identification to open up a bank account. I don't know yet...BUT.....

 

Militia Man  Article: "Blue to Debut a Fintech Super App for Iraq and the Middle East" This news out is massive. Iraq is going international before our very eyes....They tell us they will be able to top up accounts in the Bluepay app on mobile phones. Trade USA Listed Stocks and all approved by the Central Bank of Iraq. They can do that with both the USD and the IQD and then exchange their balances with 10 other countries. Wow...Multi - currency capabilities with the USD, the Yaun, IRAQ DINAR, etc, etc.. Soon to be Saudi Arabia too. For those that have been on the fence about Iraq ever going international, you can rest assured now we have been spot on. 

 

Walkingstick  The budget is voted into law in parliament. Then it sent to the president of the republic for his John Hancock...then ta-da it's official. But if it's not sent to the president...then what happens? It becomes law automatically without the signature of the president of the republic within 15 days of receipt...

 

 

[cjdavid]

Thanks Ron. Maybe I will still be alive when this happens. 🤷🏻‍♂️

Edited December 14, 2022 by cjdavid

[rvmydinar]

8 hours ago, ronscarpa said:

Sandy Ingram the key question is will you need to be an Iraqi citizen or have Iraqi identification to open up a bank account. 

Dinar holders who ever opened bank accounts in Warka Bank before should know the answer.

[Luigi1]

Nothing but good news.  We may just very well see this RV-RI in Jan at the rate progress is being made in Iraq.  Go RV.