MarkZ  

[via PDK]   Article:  “IRAQ CONFRONTS ECONOMIC CRISES WITH THE “DIGITAL DINAR. THE PARALLEL MARKET IS THREATENED WITH “EXTINCTION.” …When they talk about the digital dinar, it is backed by a physical measure of gold mixed with a basket of currencies from the region and oil or petrochemicals….this is a gold and asset backed digital currency. They will still have cash…physical dinar notes but it will be represented by the digital…they told us exactly what they are doing.