Post From Peoples Dinar
Millionday News Time 8-2-16 Part 1 of 2
Welcome to News Time with Millionday!
Millionday GREAT HERE WE GO
FIRST WE ARE GOING TO TALK ABOUT THE ELEPHANT IN THE ROOM AND THEN READ ABOUT IT
ELEPHANT ======= E-CURRENCY OF THE DINAR
FIRST WHAT IS E-CURRENCY?
Millionday a type of currency in electronic form that is designed especially for paying for goods and services bought on the internet: E-Currency allows the purchase of internet goods and services at lightning speed and most importantly with a high level of security.
Millionday SO I THINK WE CAN AGREE THAT TO GO GLOBAL INTO THE MARKET THESE DAYS OF TECHNICAL ADVANCEMENT --
IT IS NOT OUT OF THE QUESTION TO EXPECT THIS SITUATION IN IRAQ TO REQUIRE A FORM OF E-CURRENCY TO DO TRADE ON-LINE WITH THE GLOBE
IT ALSO IMO AND MANY OTHERS IS VERY IMPORTANT TO HAVE COMPLETED THE GLOBAL PRICING CALCULATION /EQUATION ---- OBVIOUSLY
FAIR TRADE IS AN EXPECTATION WHICH IS WHY I AM HERE LOL
NOW LETS LOOK AT THE REPORT BRB WITH IT
HERE WE GO
Received a seminar « the introduction of the electronic currency trading and cash deal» the economic importance of direct and semantic interest group of business and finance experts and economists and interacted with the event organized by the progress of policy development institute and
Millionday NOTE -- THE COMMERCE LAWS ON THE INTERNET ARE REFERRED TO AS "LACKING" -- I AGREE --
BUT THE E-CURRENCY OBVIOUSLY NEEDS LEGISLATION -- TO KNOW IF THIS IS DONE AND ON THE SHELF IS LIKE GUESSING --
HOWEVER --- THIS NEXT PART LETS US KNOW THAT IT IS PART OF THE ECONOMIC REFORM AND I CAN ASSUME THAT IT IS READY --
as usual in the selection of sensitive topics related to seek the requirements of economic reform
efforts by the Central Bank of Iraq on the path of preparation to announce the date of implementation of this advanced program in the world for the daily market transactions where the Governor of the Central Bank announced the date of the implementation of the program during 2017.
NOTE -- CBI IS EXPECTING THE E-CURRENCY TO BE COMPLETED IN 2017 FOR ON-LINE PURCHASING -- OBVIOUSLY FROM EXPERIENCE WE KNOW THERE ARE MANY WAYS TO BUY ON-LINE
Central Bank for its part in full readiness, what the expected challenges facing this ambitious program?
perhaps it is useful to note that the success of implementation depends on the arms of the main in Alo'hai banks and financial companies implementation, how many are willing Central subsidy to the success of his ambition?
NOTE -- OBVIOUSLY THE GLOBAL BANKS DOING BUSINESS WITH E-CURRENCY DINAR MUST HAVE AGREEMENT /TRUST/ ETC
eight this exact system which envisaged the central bank in dealing with the risks of relying on international companies working advanced international standards, how much time you need beneficiaries of government departments and institutions to respond to and interact with this program should lead to the implementation to the fullest.
Millionday NOTE -- HAVING QUICK RESPONSE AND ALL BUMPS IN THE ROAD IRONED OUT WILL BE FULL IMPLEMENTATION –
SO THEY NEED BANKS TO INTERACT AND RECORDS OF WHAT BANKS ARE INTERACTING ETC -- ALOT OF RED TAPE FOR THE PROCESS IMO –
-HOWEVER -- THIS IS VERY SOON TO EXPECT E-CURRENCY DINAR IN THE POSITION THEY ARE RIGHT NOW -- SO THIS IS GREAT NEWS – IMO
as this system has the property of not less important than its predecessors and related leave dealing Balmachi or instruments and carry cash and risks of theft and damage to the large use also allow the citizen Banhaz dealings with all the comfort and pleasure without Reviews and grim Mngsh hustle and the expiration of the time things routine.
Millionday NOTE -- THEY MEAN THERE ARE RISKS BUT THE SYSTEM IS GREAT FOR CITIZENS TO HAVE IN PLACE SO THEY CAN SHOP IN COMFORT AND BUSINESSES AS WELL ETC
Millionday This only benefits deserve attention certainly so I said in the vertical Introduction The seminar drew the attention of the elites and specialists, what is required to ensure the success of this program?
Starting to be deepening the culture of dealing electronic currency and the central bank and the ministries the task of civil society organizations of an economic issue, especially the Association of Banks.,
Millionday NOTE -- THE ASSOCIATION OF BANKS WILL MONITOR THE SYSTEM AS IT IS DEPOSITED /WITHDRAWN ETC AS BUSINESS IS DONE
Said the biggest economic task borne by media devices via deepen this culture either pens or Alvdhayah programs and all media outlets believe in the importance of rescuing the economy as well as the lack of adoption of the statements that are trying to put a spoke in the wheel except that there is no possibility of implementation thanks to the efforts of the good.
SO THE SMUGGLING AND CORRUPTION IS SLOWING THINGS DOWN FOR EVERYONE ELSE -- WE ALL SUFFER FROM IT -- THIEVES RAISE PRICES AND ID IS STOLEN ETC –
SO THEY ARE HOPING SECURITY EFFORTS WILL RESULT IN A MORE STABLE ECONOMY THROUGH THE BEST AND MOST ADVANCED SYSTEMS AVAILABLE IN ALL AVENUES -- TRADE HUB AND TESTING GROUND IT LOOKS LIKE IN MANY AREAS
END OF REPORT ANY ?? COMMENTS ETC
BEACH GO HUN
Beachrider do You think e-currency dinar going live in 2017 will have any impact on the expected revaluation of the dinar in the near future of 2016?
Millionday IMO FOR THE EXPECTATION TO BE IN 2017 FOR THE E-CURRENCY -- AND THIS IS PART OF THE ECONOMIC REFORM -- MY OPINION IS THAT THIS IS ONE OF THE LAST THINGS PUT IN PLACE
swann1 Thanks MD. I was going to say they're going to need an exchange rate 1st
Chickadee all ready answered thx