[Response to Digital Iraqi dinar posts from yesterday 1-1-2025 below] Question: “How do you see this impacting the physical dinar we hold?” The Iraqi Dinar will always be a paper currency needed…for domestic commerce. The Iraqi Dinar will be electronic at the same time just like the USD ie: credit cards, debit cards, however, there will be a necessity for cross-border payments and receipts. If Iraq wants to buy dates from Italy, they must pay for them but how? Cross border payment…Iraq is being schooled right now on digital currencies and how to use them ie: K2 and Wyman.
Above mentioned is below
Fnu Lnu It is no secret that banks world-wide are making the move to digital platforms…Iraq too, is moving towards a digital platform for its own digital currency. These are exciting times and indeed, as Bob Dylan said, “The times they are a changin” Article quote: “Al-Allaq…noted that Iraqi banks are undergoing major transformations, adopting internationally accredited financial systems to enhance cross-currency transactions and banking operations…“ They are trying to get Iraq moved into the 21st century with the modern FinTec options…They cannot survive being clunky and lazy and slow. They are getting a lot of help and they are talking about it.
