Unfortunately must happen for the next phase to begin
Clarity and Genius to be made effective to bring in new buyers and cut costs
Then the uno-reverse happens when BRICS unit drops and the sovereign debt market implodes
Which finally puts restraint on Congress to cut to a balanced budget since they can no longer sell the debt
Meanwhile Fed notes hyper inflate to buy up the debt and we all settle in new units
Sucks that it takes a collapse to swap out this mess but thatโs what it is
All of us will suffer longer and then finally start to rebuild
None of the Richers standard of living will be affected at all
Today, Mastercard, @OndoFinance, Kinexys by @JPMorgan, and @Ripple successfully completed a landmark transaction connecting a public blockchain with interbank settlement rails.
Together, weโre laying the groundwork for 24/7 global markets that never close.
๐ฟ๐ฆ SOUTH AFRICA PROPOSES INSANE CRYPTO CONTROLS, POSSIBLE FORCED SALES
South Africa National Treasury and South African Reserve Bank have introduced draft Capital Flow Management Regulations that could dramatically restrict crypto use.
The proposal would require disclosure of crypto holdings above an unspecified threshold and could allow the government to force holders to sell assets for rand.
Under the draft, investors may not buy, sell, lend, or transfer crypto above the threshold without permission, except through approved providers.
Transactions would require a stated purpose, and using funds outside that purpose could trigger mandatory resale.
Cross-border transfers and payments using crypto would be banned without approval.
Authorities would also gain powers to search individuals, demand declarations, and seize assets suspected of violating the rules.
Critics say the changes raise serious constitutional concerns around privacy, property rights, and freedom of association, calling them among the most aggressive updates to South Africaโs decades-old exchange control system.
WHAT THE FUGGGGGGGGGGGGGGG
THE FEDERAL RESERVE JUST ANNOUNCED THEY'RE NOW PARTNERED WITH 1,700 ENTITIES
THE SAME NUMBER OF NDAs REPORTED IN THE RIPPLE LAWSUIT
๐๐๐๐๐๐๐๐๐๐๐๐๐๐