Blog Archives

Central Banks Are Preparing To Regulate and Dominate Blockchain (with their Cryptocurrency & Data Harvesting offsprings) Technology

Beware of regulations, mandates, and policy enforcement.
The Bank of England (“BoE” is the UK’s Central Bank) published a press release in July 2017 revealing they now allow a new generation of non-bank payment service providers eligibility for a settlement account in the BoE’s real-time gross settlement (RTGS) system with direct access to the UK’s sterling payment systems that settle in sterling central bank money, including Faster Payments, Bacs, CHAPS, LINK, Visa, and the new digital cheque imaging system.
This appears to me that the banking cartel is preparing the path for FINTECH and blockchain developers!

If you do not read the full text, then remember these key points:
” Digital wallets draw funds from payment cards or bank accounts. Marketplace loans most often depend on loan origination by a bank partner. And payment innovations often “settle up” over legacy payment rails, like the automated clearinghouse system.(While Bitcoin is a notable exception, many consumers still rely on connecting their bank accounts with Bitcoin exchanges to convert their fiat currency to virtual currency and vice-versa.)”
[…]
“As envisioned by the OCC, obtaining a special purpose charter would have the practical effect of allowing certain fintech companies to potentially bypass the need for connecting to a bank for certain purposes in favor of becoming licensed as banks themselves. The OCC’s proposal raises interpretive and policy issues for the Federal Reserve regarding whether charter recipients would become Federal Reserve members or have access to Federal Reserve accounts and services, such as direct access to payment systems.”
[…]
“In the European Union, beginning in 2018, member states will be required to start implementing the European Parliament’s revised Payment Services Directive (PSD2).” -Governor Lael Brainard

Advertisements
Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Freedom-Expressed

Oh-oh, Goldman Sachs Has A Cryptocurrency Patent!

Is this a digital battlefield for the “reset”, the next century of debt-bondage in the worldwide digital monetary system?

Shouldn’t blockchain programmers and executives discuss the coming battles?
Ignoring this is inviting danger.

Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Freedom-Expressed

The Naked U.S. Economy Exposed

The U.S. economy is worse than the statistics suggests and as the officials cook-the-books, they fail to hide the awful truth.

Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Freedom-Expressed

China’s & Swiss’ Secret is Now Revealed…

Switzerland will receive a quota of RMB50 billion (CHF7 billion) to establish itself as a so-called RMB Qualified Foreign Institutional Investor, or RQFII, according to an announcement from the Swiss National Bank (SNB). Switzerland’s status as a “renminbi hub“ will give Swiss commercial traders the ability to make and clear direct trades with their Chinese counterparts in China.

Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in Freedom-Expressed

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 370 other followers

The Worldwide Awakening
Peaceful Awareness & Knowledge Based TransitionSeptember 11th, 2017
Exercise freedom and creativity for all Earth’s inhabitants to explore ready breakthroughs in Self Organizing Communities, economics, and technology. This is a D.I.Y. project
State Sponsored Terror
The Big Day ReportMarch 30th, 2018
Institutions of crime Big days have come, gone, and come again (Manipulations: Market Exchanges crash, wars, government Elections, and Taxation). Search for what is hidden and for what is not spoken. What secrets are hidden in Antarctica? Be Aware of the next big Day for fraudulent institutions.
RonMamita
Peace Today

Peace Today

RonMamita’s Blog
August 2019
S M T W T F S
« Jun    
 123
45678910
11121314151617
18192021222324
25262728293031
All posts here
Whole-Community
Audio coming soon!