Citing Russian publication Vedomosti, cryptocurrency outlet Coin Telegraph reports that Iran and Russia are working together to develop a “token of the Persian Gulf region” that would act as a payment method in foreign trade.
Alexander Brazhnikov, executive director of the Russian Association of Crypto Industry and Blockchain, said that this token will be released in the form of a stablecoin backed by gold.
The purpose, according to the report, is ‘to enable cross-border transactions instead of fiat currencies’ like the U.S. Dollar, Russian Ruble, or the Iranian Rial. This cryptocurrency would be used ‘in a special economic zone in Astrakhan, where Russia started to accept Iranian cargo shipments,’ Coin Telegraph explains.
Iran and Russia have already been cracking down on cryptos and banning transactions of popular coins like Bitcoin and other stablecoins like Tether, but have already been working to integrate some form of digital currency for trade.
Coin Telegraph wrote: ‘Russian lawmaker Anton Tkachev, a member of the Committee on Information Policy, Information Technology and Communications, stressed that a joint stablecoin project would only be possible once the digital asset market is fully regulated in Russia. After multiple delays, the Russian lower house of parliament once again promised to start regulating crypto transactions in 2023.’
Russia has already been working to get far away from the dollar, previously stating that the “De-dollarization” of Russia is imperative moving forward.
Last week during the World Economic Forum summit meeting in Davos, Switzerland, officials from Saudi Arabia has openly expressed that they are open to transacting in other currencies than the dollar, which would inadvertently undercut the established petrodollar framework that has dominated the world economy for decades.
AUTHOR COMMENTARY
The dollar was already on borrowed time, and now it is on the precipice of hitting rock bottom as more and more nations look to rid themselves of this currency, and realign themselves with new currencies they control.
Since gold is actual money, this currency will have actual intrinsic value. Other digital currencies like China’s Yuan are also speculated to be backed by gold, too. Therefore, the price and trading value of gold and other precious metals will explode in value if these central banks go through with this – assuming the banks don’t artificially nix the price of it.
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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ITS ALL MAKE BELIEVE – THE WIZARD OF OZ IS EVERYWHERE – https://ia904707.us.archive.org/35/items/ucc-all-dun-bradstreet-uk-world/UCC – ALL_DUN_%26_BRADSTREET_UK_%26_WORLD.pdf
The creation of the petro-dollar, the US dollar as the world currency, was a Vatican project worked through her court Jews & the Craft. Both the Soviet Union & China, with their convenient & obscuring cloaking/occulting Iron & Bamboo Curtains behind which idolatrous humanist antichrist corporatists were able to experiment at will, erasing truth & evidence with their sorceries & ‘cleansing’ inquisitions & initiating of cronies & dupes into their occult & evil gnosis ….were all of the same…..and so is this.
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Rome ‘West’ and Rome ‘East’ connect into the same body, and at its core are the same male sodomite elites running the ‘show’ w/ their lesby feminist & effeminate consorts & courtesans as always: according to the spirit they serve. He deceives…and he devours….but God is neither mocked nor caught off guard, nor out of sovereign control over the whole mess so that all things work together for good to them that love God, to them who are the called according to his purpose.
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This has been part of the plan since the gold began disappearing from US vaults, & a huge part of the reason for 9-11, & the betrayals & wars following, was the gold in one of those tower’s basements. Where do you think it is? And who do you think Rome will join her gold to & with?
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Shaping up for Gog-Magog, no doubt, seeing the ‘sides’ lining up. Wicked, bloody, cunning & crafty, filthy & drunken Rome riding & steering the whole deal while yet only managing to fulfill the scriptures foretelling her own destiny & earned judgment & inheritance. Not surprised.