MilitiaMan: Final Articles that Mention 2017 to delete the zeros. None found to deny it, yet. Keep in mind it also states lower denoms.. (one denarius ) Pretty sure they mean it after all the times it is mentioned.
Family the Final Articles are there….read them…their goal is to do this at the start of 2017 not later” ~Frank 26
I think around the first of June where they came out and said we are going to cancel all of this…but I tell you what…we are going to do this in the early part of 2017…we will pick up right where we left off….there were a lot of reasons…the Stability and Security of our country is horrible…we’ve been invaded by DAASH…and here is another thing…and this is the profound part….legally we can’t raise the value of our currency in the middle of a year…we will do it at the early part of 2017″ ~Frank26
Article #5
Central Bank: the deletion of zeros in early 2017
the Iraqi Central Bank Governor said the project to delete the zeros will be implemented in the beginning of 2017, indicating that the bank began to develop the first steps of theproject.
the Bank is working on mechanisms for the implementation of this project is expected to start at the beginning of 2017 , “noting that” the central bank began the first steps of the project through the selection of the designs , companies and the country that will be the currency printing. ”
Article #6
The governor of the Iraqi Central Bank on the Keywords that project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.
Keywords and said in a statement, said that « the goal of deleting three zeros from the Iraqi currency It is to support the Iraqi dinar and make it a competitor of foreign currency », pointing out that« this strategic project will serve the country ‘s economy if it will be inclusion of the Iraqi dinar in the global basket of currencies in the vital world exchanges ».
he added that the bank« working on mechanisms for the implementation of this project is expected to start with the beginning of the year 2017 », indicating that« the central bank began the first steps of the project through the selection of designs, companies and the country that will be the currency printing ».
ARTICLE #7
Between the Keywords in a statement that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this project is strategic It will serve as the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges. He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017.
ARTICLE #8
The reasons for deleting three zeros from the Iraqi dinar and what it means to delete the three zeroes from the Iraqi currency, the fact deleting three zeros from the Iraqi dinar, the official source at the Central Bank of Iraq, said that the beginning of the beginning of 2017, will the central Bey Iraqi deleting three zeros from the currency of Iraq, Finance Committee also announced in parliament that the central bank will start at the beginning of 2017 by deleting three zeros from the local currency, in other words, that the unity of the coin in 1000 dinars from the old currency will be replaced by only one denarius of the new currency, and so on.
Start procedures to delete three zeros from the currency in 2017
Going on in the minds of many Iraqis that the important question of whether to raise (the zeros from the Iraqi dinar) harm or benefit? Thus why do not we raise the zeros, the official source in the Iraqi Central Bank stressed that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the dinar, which will be a key reason for the return of Iraq’s economy again in January 2017, the step by Iraq intended to reform the local currency system based on the use of the currency too high denominations, which leads to difficulties in handling and in private transactions accounts, as well as higher prices resulting from the use of monetary units higher categories, which leads to a decline in the currency and declining purchasing power exchange rate the dinar in a big way.
Why delete the three zeroes from the Iraqi dinar
The aim of deleting three zeros from the currency of Iraq is one of the means to control the high inflation is monetary reform, coupled with a change in monetary policy by the old currency high Pfiadtha replacement of a new currency with lower categories so prices tend to decline, but does he have on inflation? The answer is no, because the elimination of inflation is required to follow state moderate monetary policy, an official at the Central Bank of Iraq and stressed that the Iraqi dinar will be the vital currency in global stock markets and the central bank is currently discussing the principles of starting the project and its laws on the beginning of the project of the year 2017 and stressed that the new currency will not have a significant impact on the major currencies, but will raise the Iraqi economy.
ARTICLE # 12
It was scheduled to be the project to delete the three zeroes in 2011 and did not perform (See Frank comments above)
and then postponed to 2013 .. then postponed to 2015 .. and now the decisions implementing the plan early in 2017
ARTICLE 23
Economic academic Dr. Essam Mahouelle called to be 2017 years to strengthen the dinar ‘s purchasing power and strengthens confidence in the national currency , which represents the sovereignty of Iraq, noting at the same time the need to restrict foreign business dealings only in dollars.
He said either the Iraqi currency was within the currency is convertible which can not be used for international settlements , but turning it into another currency, or to the dollar (Oogerh), and goes to Iraq to be paid the proceeds of the sale of oil to the US dollar and that the equivalent of the dinar to $ 3.32.
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Zerb: B I N G O TY WS! TODAY IS CRAZY 8’S……..
IMO PAY ATTENTION TO THIS type of info BEING LEAKED……..EMBEDDED IN THIS ARTICLE IS ONE OF THE FACTS TO THE KEY TO THE RV…….this is BChain being used in country….
When it it ready to go international or used on a public platform to the GENERAL PUBLIC…BANK TO BANK (for the little fisheees)…LIKE THE FOREX IS NOW BEING USED…….
BAM YOU WILL SEE WHICH BANKS WILL ADD VALUE TO YOUR AND THEIR BALANCE SHEETS VERY QUICKLY.THEY NEED TO TRACK EVERY TAXABLE TRANSACTION FROM THE MOMENT IT HITS THE SHIPPING PORTS INTO EVERY CONSUMERS HAND…….
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IMO IT’S ALL ABOUT TRADE AND ASSET BACKED CURRENCIES AND HOW A COUNTRY’S NET WORTH IS CALCULATED.
A GOOD RELATIONSHIP WITH SEVERAL BANKS WILL HOLD YOUR POSTION WITH THE UPPER HAND……..THINK BEFORE EXCHANGING ANY PAPER IMO.
YAHWEH BLESS!THANK YOU BACKDOC FOR YOUR SUPPORT……..DO YOU NOTICE MORE AND MORE ARTICLES ON THIS TOPIC?
Walkingstick: Activate the digital economy in Iraq through Zain Cash application of the new smart phones
Independent) .. Company “Zain Cash” launched a new electronic service to its subscribers, represented by the application of Zain Cash for smart phones, which is a leap Noaahvi the framework of its services chain, which aims to revitalize Alhmolalmala market Aldfalaketrona online shopping and mobile phone in Iraq, where aspiring Zain Cash through this application to gain access to a large segment of the mission and its customers, and provide an opportunity for them to Astkhaddamkavhkhaddmadtha of Khalalttbaiquahd.
Application Zain Cash Zain Cash and allow for all financial transactions in an easy way, such as the withdrawal and deposit money from the wallet and transfer funds between subscribers and the payment of invoices and electronic shopping online and shipping Zain Iraq lines and the purchase of electronic tags such as (ITunes, Google Play, Amazon, Xbox, Fastlink, and other ). The new application (which works on smart phones by Regular and Android (IOS and can be downloaded for free from my Apple store or Google play.
Some argue that the number of mobile users around the world continues to grow, due to the sophistication and diversity of mobile phone services and easily accessible, and in Aeraqublgt number of mobile phone used lines to 33.5 million Khtmstkhaddm according to the Central Bureau of Statistics, add to that the time spent by users of telephone rate Mobile continues to increase, making it a trading and money transfer by mobile phone pay step to develop and push the wheel of development of e-commerce and electronic payment market more broadly spread.
Zain Cash experiencing widespread because of the electronic financial solutions offered, in terms of facilitating the payment and receipt of customers and dealers alike process.
It is worth mentioning that Zain Cash and services the application up to a large segment of Zain Iraq subscribers, and with the growing new applications and facilities offered by the company, it is expected that e-commerce and shopping market is via the Internet in Iraq very active, especially as the number of Internet users in Iraq Halyaesal to nearly 11 million, according to user Hrkhapsos.
http://www.mustaqila.com/2017/…..D8%AA/
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Walkingstick: US needs to lead digital currency revolution, or other nations will
01/08/17
While the U.S. is consumed by understanding the Russian hacking into its presidential election, the other global power is claiming silent victory in a worldwide cryptocurrency competition.
Currently, China is the biggest entity mining bitcoins, claiming 70 percent of all mining equipment globally. Computers, known as “miners”, solve complicated mathematical algorithms, provide hashing power, keep record of transactions and get awarded by a bitcoin.
The miners are rewarded with bitcoins for solving challenging cryptographic problems that verify other bitcoin transactions worldwide. At the beginning of the blockchain revolution, bitcoin mining was easier; algorithms were less complicated.
Over time, algorithms become more complicated and soon there will barely be any algorithms to solve. Each time an algorithm is solved, “blocks” are added to the “blockchain”, which ensures authenticity of every transaction.
Miners can be located anywhere in the world, but given that it can take lot of electricity and computing power, mining can be an expensive undertaking. Miners in China strongly believe that China will soon become the leading cryptocurrency power.
The digital currency market has grown exponentially in just four years. With a market cap close to $19 billion dollars, digital currency and its underlying technology —blockchain — introduced a new way for people to exchange value.
Cryptocurrency is produced by computers and held electronically online; it is not backed up or controlled by governments.
According to Bitcoin.com, the U.S. hosts the highest number of cryptocurrency users and bitcoin trading volumes in the world. For the first years of cryptocurrency existence, the U.S. lead the way.
Recently, other countries, like China, Estonia, and South Korea, have made significant investment and progress in blockchain technology. Cost-effective hydroelectricity and computing infrastructure are driving China’s bitcoin mining dominance.
This provides China with more control and influence on forks and direction of development, allowing for the creation of a cryptocurrency oligopoly. In addition, China’s central bank has hinted at the launch of digital currency backed by the central government to reduce circulation costs and boost financial transparency.
On the other side of the world, Emiratis are investing in multiple cryptocurrency initiatives, including the establishment of the Global Blockchain Council, a public-private partnership uniting local businesses, government agencies and startups.
Dubai’s largest bank, Emirates NBD, is working to improve and advance remittance and financing by using blockchain technology. The government of Dubai has also announced plans to use blockchain for all public documents by 2020.
Cryptocurrency and blockchain technology should be embraced with open arms to strengthen the digital U.S. economy. Lawmakers and regulators in the U.S. should increase efforts to attract and stimulate innovative fintech startups to the country.
The next administration should embrace this emerging technology and take steps to ensure the U.S. leads in global cryptocurrency by:
I. Providing different regulatory environment: The U.S. should not let yesterday’s regulations manage next generation innovation.
Streamlined and well-clarified regulations will be a great offer for startups to understand and adopt regulations. Currently, the financial regulatory environment in the U.S. requires financial companies to acquire a different license in every state. That is pricey and time consuming.
A different approach should be taken for blockchain-driven financial businesses.
II. Partnering and investing: Launch more investments and grants focused on fintech startups and provide technology to solve government problems. The U.S. is leading the world in government-funded research & development to encourage innovation.
More government funds should be set aside for inventing more efficient ways to mine digital currencies.
III. Improving transparency and accountability through blockchain technology: The U.S. should adopt blockchain technology to, in part, prevent abuse of public funds.
For instance, issued digital programs (backed by blockchain technology) could be encoded by using smart contracts that could only be spent at approved vendors. Payments, such as food stamps and subsidies, could be managed more efficiently by the government.
Blockchain technology can be applied to collect taxes. As soon as payment is made to a vendor, a tax would be deducted and transferred to the IRS.
Blockchain is already transforming the financial and, to some extent, health care systems. The U.S. should be in the forefront of the blockchain revolution and improve access to digital assets.
Nations and businesses that are prepared for this shift will lead globally and benefit from new opportunities digital currencies and blockchain technology present.
In the meantime, many countries in the world are seeking U.S. leadership in defining blockchain technology, along with its regulation and further development.
http://thehill.com
