Tuesday Midnight Opinions - MST - 3/25/2025

[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 

 

 

3-25-2025   Militia Man  I've got a strong feeling that what we're seeing is the digitization of Iraq and its transformation is upon us.  Let's see what happens and see what they show us next!

3-25-2025   Clare  Article: "Iraq enters a new commercial era and approaches the "path of development" Quote: "Iraq will begin implementing a global transportation system next week, marking the beginning of a new era in logistics services and international trade...The report added that pilot operations have shown that this journey can be completed in less than a week, compared to a minimum of 14 days via the Red Sea, or 26 days if the ship has to go around Africa."

 

3-25-2025   Mnt Goat  The news today is all very good and still moving in the direction we need for the RV and reinstatement to happen.

 

3-25-2025   Frank26  Maliki...offers no value to the Iraqi citizens nor to the world nor to the Iranian citizens but he does offer a constant destruction of your country...that is why the whole world is against Iran's attitude because it is the same attitude that prevails in the parliament of Iraq...But..it will soon die under the leadership of Trump and Sudani.   This is the security and stability for the new exchange rate that IMO is so anxious to come out and present itself to you Iraqi citizens.

 

3-25-2025   Walkingstick  Why so many meetings?  Why so many times have they met with the Secretary Treasury under Trump's office?  Not once did they meet with Biden's Secretary of Treasury.  So many meetings.

 

3-25-2025   Sandy Ingram   Iraq's move toward a fully digital dinar represents a pivotal step in modernizing its financial landscape and aligning with international financial trends.  However, the success of this transformation will depend on how well the country adapts to the new digital era.  The introduction of Iraq's digital dinar could significantly impact foreigners who currently hold IQD, particularly those holding physical cash outside of Iraq.  Here's what to expect: 1.  Transition from physical to digital: Since the Central Bank of Iraq plans to gradually phase out paper currency, foreigners holding IQD bank notes may eventually need to convert them into the new digital format... traditional paper notes could become obsolete over time.  However, during the transition period physical dinars will likely remain valid until a formal deadline is set. [Post 1 of 2]

3-25-2025   Sandy Ingram   2. Foreign holders of physical dinars may find it more difficult to exchange their IQD bank notes. The central bank may require foreign investors to open an account within Iraq's banking system...to convert their banknotes into digital form. 3. If Iraq enforces a fixed exchange rate it could reduce speculation on the currency's future appreciation affecting those who hold dinars in hopes of an increase in value.  4. The big question is whether non-residents will be able to own and trade digital dinars freely...Iraq may limit digital dinar ownership to Iraqi residents. 5. If Iraq phases out paper dinars completely, foreigners holding physical IQD may need to exchange them within a set time frame before they become worthless. Foreigners holding IQD bank notes should monitor Iraq's central bank policies closely to see how they will be allowed to convert or exchange their physical dinar. [Post 2 of 2]

 

3-25-2025   Militia Man  Article quote: "Integration into global financial markets which will enhance the confidence of investors and International correspondents and position Iraq in a leading position within the regional and international financial system."  They're telling you they're going to be integrated into the global financial system and put themselves in a leading position...Doesn't that sound pretty powerful and strong?  Does 1310 sound strong?  Like they're going to be leading position?  I don't think so.

 

3-25-2025   Fnu Lnu   [Response to Militia Man's 3-23-2025 digital dinar post]  Iraq is NOT getting rid of the paper Dinar.  The folding Dinar will be used domestically, especially with the expansion of the tourist trade.  The three zero notes will be used as Intrabank transfers.  The digital Dinar will be used FOR INTERNATIONAL / CROSS-BORDER PAYMENTS!  Large sums transferred with little to no friction for pennies instead of thousands of dollars. The Dinar will be tokenized to facilitate real time payments. As reluctant as the citizenry is about using the banks, imagine trying to convince them to use digital money. NOT HAPPENING!

 

3-25-2025   Clare Article: "A new collapse hits the Iranian toman" Quote: "The Iranian currency recorded a new and unprecedented decline against the US dollar on Tuesday, exceeding the one million toman barrier to the dollar, amid growing fears of the repercussions of tightening US sanctions on Tehran."

 

3-25-2025   Frank26  Community comment: "I'm going to exchange my dinar at the casino at an international cruise line ship and I won't have pay any taxes."  Frank26:  Where do you get this garbage?  What's wrong with you?  Pay your taxes.  Throw it at Uncle Sam and then take what you got and invest it...Don't be greedy. [Note: At the appropriate time consult your tax and asset protection professional to determine the proper taxes for your unique situation.]

 

 

[screwball]

11 minutes ago, ronscarpa said:

3-25-2025   Sandy Ingram   Iraq's move toward a fully digital dinar represents a pivotal step in modernizing its financial landscape and aligning with international financial trends.  However, the success of this transformation will depend on how well the country adapts to the new digital era.  The introduction of Iraq's digital dinar could significantly impact foreigners who currently hold IQD, particularly those holding physical cash outside of Iraq.  Here's what to expect: 1.  Transition from physical to digital: Since the Central Bank of Iraq plans to gradually phase out paper currency, foreigners holding IQD bank notes may eventually need to convert them into the new digital format... traditional paper notes could become obsolete over time.  However, during the transition period physical dinars will likely remain valid until a formal deadline is set. [Post 1 of 2]

3-25-2025   Sandy Ingram   2. Foreign holders of physical dinars may find it more difficult to exchange their IQD bank notes. The central bank may require foreign investors to open an account within Iraq's banking system...to convert their banknotes into digital form. 3. If Iraq enforces a fixed exchange rate it could reduce speculation on the currency's future appreciation affecting those who hold dinars in hopes of an increase in value.  4. The big question is whether non-residents will be able to own and trade digital dinars freely...Iraq may limit digital dinar ownership to Iraqi residents. 5. If Iraq phases out paper dinars completely, foreigners holding physical IQD may need to exchange them within a set time frame before they become worthless. Foreigners holding IQD bank notes should monitor Iraq's central bank policies closely to see how they will be allowed to convert or exchange their physical dinar. [Post 2 of 2]

always a possibility........until that time comes we wait and watch for CBI instructions

[screwball]

eggs...basket???? diversify...coverall bases if you can

[hspotman]

6 hours ago, screwball said:

always a possibility........until that time comes we wait and watch for CBI instructions

I don't remember Sandy ever having a 'down' feeling about this thing, until the digital process began.

[MommaMia]

Digital currency is o believe the new world order of money which is not real money if that makes sense. Biblically speaking there will be no money in the end times. Digital currency is the beginning of this threat. The one in control of the digital system will have control over us all. Do as the say or your buying power is gone. Gold will not buy you nothing either. So my thinking is this is a very dangerous thing. This will be interesting as to how this transition works.
 

Here is a little insight on digital/crypto currencies:

While all cryptocurrencies are a type of digital currency, not all digital currencies are cryptocurrencies. Cryptocurrencies are a subset of digital currencies that use cryptography for secure transactions and operate on decentralized networks, while digital currency encompasses all forms of money that exist in digital form. 

 

Here's a more detailed breakdown: 

Digital Currency: 

• Definition:

  Refers to any currency, money, or money-like asset that is managed, stored, or exchanged digitally, especially over the internet. 

   

• Examples:

  Central Bank Digital Currencies (CBDCs), virtual currencies, stablecoins, and cryptocurrencies. 

   

• Centralized or Decentralized:

  Can be either centralized (like a digital version of fiat currency issued by a central bank) or decentralized (like cryptocurrencies). 

   

• Purpose:

  Can be used for various purposes, including payments, investments, and as a store of value. 

   

• Regulation:

  Can be regulated by governments or central banks (like CBDCs) or unregulated (like some cryptocurrencies). 

   

Cryptocurrency: 

• Definition:

  A type of digital currency that uses cryptography for secure transactions and operates on a decentralized network using blockchain technology. 

   

• Examples:

  Bitcoin, Ethereum, and other digital assets that use blockchain technology. 

   

• Decentralized:

  Cryptocurrencies are not issued or backed by a central authority like a government or bank, but rather by a decentralized network. 

   

• Purpose:

  Primarily used as a medium of exchange, a store of value, and an investment asset. 

   

• Regulation:

  Cryptocurrencies are generally unregulated, though regulatory frameworks are evolving in many jurisdictions. 

 

[MommaMia]

7 hours ago, screwball said:

always a possibility........until that time comes we wait and watch for CBI instructions

It would be interesting as to what Adam Montana knows and thinks of this since he also deals in cryptocurrency?? You out there Adam?

[MommaMia]

Where is Adam Montana he should be weighing in on this since he also deals with crypto currency and if RV ever takes place is to notify us where to go to cash in.

 

[ronscarpa]

41 minutes ago, MommaMia said:

Where is Adam Montana he should be weighing in on this since he also deals with crypto currency and if RV ever takes place is to notify us where to go to cash in.

 

 

He's moved on to other interests. He's just collecting revenue from ads on the site and anyone still paying for VIP. JMHO..!

[MommaMia]

Ahh, well then we were taken/lied too. That means we are up a creek as far as depending on his stating he would guide us to the correct places to exchange our dinars if RV were to happen. Thanks for info.

[Shedagal]

27 minutes ago, ronscarpa said:

 

He's moved on to other interests. He's just collecting revenue from ads on the site and anyone still paying for VIP!" rel="">VIP. JMHO..!

Agree.  I do think most people who have VIP have already paid for that.  And I don't regret that - so much learned there with crypto that got me well ahead of the game.  

 

Last communications from Adam have said he will contact VIPers post RV.  Time will tell.

[lmb4321]

9 minutes ago, Shedagal said:

Agree.  I do think most people who have VIP!" rel="">VIP have already paid for that.  And I don't regret that - so much learned there with crypto that got me well ahead of the game.  

 

Last communications from Adam have said he will contact VIPers post RV.  Time will tell.

I think Adam posted something in the OSI thread ....last week....

[Longtimelurker]

3 hours ago, hspotman said:

I don't remember Sandy ever having a 'down' feeling about this thing, until the digital process began.

 

I believe Iraqs digital currency will fail with the central bank as planned by the white hats.. we may need to move quickly if the ri happens during the fall of the cabal 

[umbertino]

1 hour ago, ronscarpa said:

 

He's moved on to other interests. He's just collecting revenue from ads on the site and anyone still paying for VIP!" rel="">VIP. JMHO..!

 

 

I'd tend to agree....With all the due respect of course......

[BETTYBOOP]

Yip I think he is long gone. Never to be seen or heard from again

[hspotman]

2 hours ago, Longtimelurker said:

 

I believe Iraqs digital currency will fail with the central bank as planned by the white hats.. we may need to move quickly if the ri happens during the fall of the cabal 

Hope that is a problem we have....

[screwball]

i think people need to remember that all currency is digital, electronic banking when you transfer from one account lets not loose focus when we know they are no good at translating....digital also refers to swift and xrp....used for large bank transfers they still need cash, gold and in ground assets to back their currency whether digital or not. 

[screwball]

at the end of the day it comes down to rate, and when and where we can cash this we wont know until the day....all the rest is bullshit, propaganda and speculation. i see so much on Instagram people posting about safeguarding crpto with a qfs ledger???? guess what no such this exists! don't be fooled.....best way is cold storage wallet to protect you crypto i just bought one!

 

https://trezor.io/  this is what i recommend if you can afford it....i bought the bundle deal and will split my crypto....

[wealthhound]

18 hours ago, BETTYBOOP said:

Yip I think he is long gone. Never to be seen or heard from again

I think he will show up when things hit, IMO!