Saturday Early-Afternoon Opinions @ 2:50 PM CDT - 3/09/2024

[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 

 

 

Pimpy    We're staying grounded...about the possibility of getting a huge payday.  Remember it's only a possibility, just like there's a possibility they could re-denominate before they change the exchange rate...Re-denomination has nothing to do with the exchange rate.  We want the exchange rate to change, not the Iraqi currency to delete the zeros.  We don't want that to happen...Stop rooting for the deletion of the zeros.  You don't want that to happen.

 

MarkZ   Bank Story via Simply Linn:  In a nutshell - a guy (Already sounds made-up) goes to a chase bank and they know nothing…. He goes to another and sits down with a personal banker who asked him what assets he had… and the guy says he has foreign currency…dinar and dong…they bring in a wealth manager… Whose eyes light up and the wealth manager shared some serious details about exchanging and the QFS...they suggested to him to exchange out of his area for anonymity and security and to avoid local tellers talking about his exchange.   [Post 1 of 2] Everyone has to have a bank story now - Frankie really started something.

MarkZ  Simply Linn: I thought this was brilliant, and I plan on doing that as well. Not exchanging in my town. Anonymity is a good thing to have. He also mentioned our funds go into special accounts...When the man asked if it was the QFS - the lady (I suppose she was the wealth manager) smiled and nodded and said it was account that no one else can see it…even tellers will not be able to see it. Very safe. ...they also said they do now know “when” but know it’s coming soon and they have been preparing for it and equipped to exchange it right in front of your eyes…and there will be armed guards while you do the exchange. This was a fantastic bank story. [Post 2 of 2]

 

[ronscarpa]

NOTE:  There are no such things as a QFS bank account...! Above is made up:

 

The Quantum Financial System (QFS) is:  a theoretical financial system that uses quantum computing and artificial intelligence (AI) to challenge the current banking system.The QFS is based on the principles of quantum physics, and uses quantum bits, or "qubits", instead of the conventional binary system of 0 and 1.

 

The Quantum financial system (QFS) represents a comprehensive transformation of our global financial systems involving central banks and major financial institutions. It is a modern, worldwide monetary framework that employs blockchain technology and quantum computing for financial transactions on a global scale. (Oct 6, 2023)

 

 

Which banks are using the quantum financial system?

What banks use the Quantum Financial System? No bank uses the Quantum Financial System at the moment. However, it might be worth noting that large banks like JPMorgan (JPM) and Goldman Sachs (GS) are piloting the use of quantum computers for advanced financial models.(Jan 10, 2024)