Goldilocks’ Comments and Global Economic News Friday 3-15-2024
Good Evening
Much of our transition taking place around the world has to do with the movement from a World Reserve Asset such as the Dollar to sharing this privilege with many Currencies around the world.
This changes economic policies in countries around the world, and it sets forth the need for new guidelines and protocols inside banking systems and marketplaces.
Laws have to be changed, Banking and Trading Protocols are changed, trading exchange rate percentages have to be changed, and more. On top of all of this, it has to be digitized.
The new Digital Financial System creates new standardized protocols that are backed by gold and other commodities. Everything has to run smoothly and with real values going forward. The QFS runs on precise measures enabling artificial intelligence to come in and carve out new pathways into our future we have never seen before. BIS
© Goldilocks
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Stablecoin Announcement:
“Cardano (ADA), a prominent blockchain platform for smart contracts similar to Ethereum is set to introduce its premier fiat-backed stablecoin, USDM, in the United States on March 16th. This launch marks a key moment for the Cardano ecosystem, providing users with a reliable stablecoin pegged to the US dollar and enhancing accessibility to the platform’s features.”
USDM coin lunches tomorrow from the Cardano Network. This coin will work well with Ethereum ERC20 smart contracts ensuring funds available on both sides of a trade.
USDM will be “coined” as a leading fiat-backed Stablecoin. It will start in 19 States inside America, and it will begin to move across the rest of them upon availability. Coin Speaker
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“MiCA is a milestone in the cryptocurrency market since it is the first comprehensive regulation for the still-emerging technology. The framework defines the assets that fall under its jurisdiction, who can offer related products and services, and who has the authority to regulate and enforce the legislation.” Jan 10, 2024
MiCA is not expected to be fully complete until December, but the Stablecoin regulation portion of this comprehensive crypto regulation is expected to be done by the summer.
Stablecoins will allow the movement of our Tokenized Assets to be bought and sold across various Digital Networks. As we have said before, 90% of the global economy is expected to be tokenized by the end of the year.
The Bitcoin halving on April the 18th through the 22nd will be the takeoff point for many of these new Tokenized Assets to begin their steady climb, adoption, and integration into our new digital asset-based trading system.
At that time, we will see the Digital Economy begin to take our new Financial System into real values. This is expected to create price pressures across all sectors of the market which includes Forex.
The full revaluation of many of these assets will not be seen until early next year, but a new free floating economic system based upon supply and demand is about to transform our Financial World and transition us into a new economy. Coin Gape Investopedia
© Goldilocks
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In a previous article, Europe stated that they would be finished with their comprehensive cryptocurrency guidelines called MICA by the end of May.
Today, we read that they would be finished with the Stablecoin section by the end of June. This will allow our cryptocurrency Market to accelerate. We also read that their comprehensive cryptocurrency would be finished by December.
After April, our cryptocurrencies will begin to move into a real value. This will put price pressures on currencies on all levels going forward to move into a real value. What remains to be seen is whether or not paper currencies will be invited into this process.
Currently, the full movement of cryptocurrency valuations has not completely started, but they have been released to begin correlating their Market values to new digital platforms being liquidated by people who have money to move the market.
Institutional money is about to change all of that after the Bitcoin halving. As our cryptocurrencies are currently decoupling themselves from predetermined prices, it is important for us to prepare ourselves for new changes that will take place in a rapid fashion after April the 22nd inside our new digital asset-based economy.
These events are layered on top of each other, and the cryptocurrency revaluation will be a major catalyst that will move money into our paper currencies.
© Goldilocks
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Bitcoin DeFi App Sovryn Is Expanding to Ethereum—Here’s How – Decrypt
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What the PPI is Telling us: Disinflation in “Core Goods,” a Hefty Counterweight to Hot Services Inflation, May be Over | Wolf Street
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ETNs are bonds issued by financial institutions tracking the performance of underlying assets – in this case crypto assets.
In a separate statement, the LSE said on Monday it would accept applications for the admission of bitcoin and ether ETNs from the second quarter of this year. This is Money
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From tariffs on high carbon goods to technical regulations that set emissions targets, well-designed trade policy is critical to deliver Net Zero. But there is growing debate over whether such measures are compatible with international law. JD Supra
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How the ECB’s new operational framework could impact bank liquidity and funding | articles | ING Think
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Gold & Silver supply shortage imminent? Feat. Rob Kientz | YouTube
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Haiti’s Currency Drops Here’s What Happened | YouTube
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Stablecoin Sector Sees $3.26 Billion Growth Spurt; Tether Nears $100B Milestone, USDE Supply Swells by 374% – Altcoins Bitcoin News
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Here’s a full list of ISO 20022 coins and tokens:
XRP (XRP)
Cardano (ADA)
Quant (QNT)
Algorand (ALGO)
Stellar (XLM)
Hedera HashGraph (HBAR)
IOTA (MIOTA)
XDC Network (XDC)
Coin Codex
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The paper game is DONE | YouTube Shorts
👆 This short video is talking about the paper game in Comex. The Comex paper Gold and paper Silver trades are over.
Look for new physical silver and physical gold prices to emerge.