Alright, let me see if I have this global CBDC system straight in my head...
Right now, all the legislative / regulatory focus is on stablecoins. Because they will form the foundation of every payment system and prevent something like what happened to FTX ever happening again.
Factionalized to 8 dp, it will allow for a high definition of transactional ability. So the treasury system will function on stablecoins.
On top of that, XRP on ripple will facilitate inter-bank transactions and provide the on-demand liquidity needed via the XRP tokens. So each institutional and central bank will be holding XRP derived from the treasury stablecoin baskets to burn whenever they run a transaction.
Blockshain's too slow and inefficient, so it's going to be a hashgraph world, and right now, HBAR is the only contender for the mainstream retail banking, POS market.
Did I miss anything in the architecture?
That's exactly the kind of thing a robot would say 🤨. Or a politician 😂
Any recommendations on the best / cheapest way to transfer funds from a bank account in one country to a bank account in another?
Haven't done this in a few years, but interbank transfers like that are expensive. Last time I did this, I used a 3rd party that facilitated it via the currency markets but it was rather convoluted to get it all set up.
Is there a more modern way folks can recommend?
Quick demo showing how insane nutzaps are.
A brand new user on #olas getting and receiving zaps; no connecting wallets, no installing and pairing some other thing. No fuzz.
It just works.
Stick the same nsec in `nak` and the money just shows up. Go to chachi? The money is there. Go to Shopstr? The money is there. Just like your profile, your contacts and your shitposts.
Just data on relays.
https://blossom.f7z.io/2978946ff91c304ab7ab715a15aa49225fbb2e645e1a98b71ca3aef7dc5116fb.mp4
#nutzaps

There is a guy who doesn't live very far from me, who was a professional NHL player. He was an expert skater.
He was at the outdoor rink with his young kids, just standing there on the ice and lost his balance. Cracked his head on the ice and now has permanent brain damage. His personality is even different.
He spends his time talking to folks about the importance of head protection, because it has nothing to do with your skating ability.
Congratulations! That takes some guts.
I suffered a spinal injury some years back, and the thought of falling onto hard ice and returning to that hell scape of pain is terrifying.
I just bought a new dishwasher and had it delivered. This is the standard experience for those who haven't been through this before...
Me: "Ah great, a new dishwasher, let's plug it in. Where is the cable?"
Samsung: "Fuck off. Get your own bloody cable."
Me: "OK, well, how does it connect to the mains?"
Samsung: "Don't ask me, it's your cable."
Me: "Alright, let's try the water inlet connection. Where is the hose?"
Samsung: "Fuck off. Get your own bloody hose."
Me: "OK, I have a hose. Now where do I connect it?"
Samsung: "At the back. Use the 90 degree hose adapter to join the hose to our non-standard inlet."
Me: "OK now we're getting somewhere! Where is this adapter you speak of?"
Samsung: "Ha! Got you. fuck off and buy your own one."
Me: "Ah you got me Samsung. OK I see you provided a drain hose. Let's do that."
Samsung: "Sure no problem. Just connect it to your plumbing stack and you're good to go!".
Me: "Um... your drain hose end doesn't even come close to the dimension I need to connect to the plumbing stack."
Samsung: "Sucks to be you. You can't seem to get anything right can you? BTW would you like to do our customer satisfaction survey?"
Me: "I sure would, Samsung. How do I do that?"
Samsung: "Just enter this url or use the nifty QR code on the installation instructions sheet".
Me: "Alright then! Here We go..."
Samsung: "Error 404: Page not Found"
Partially freeze the fat, cut it into pieces and then run it through a grinder so you have tiny pieces.
Then render with water., skimming out the bits as you go.
You won't get the cracklings because the pieces are too small, but the process is much faster.
I watched the movie "Snowdon" on netflix recently.
It was good IMO because it reminded me of the extent that the NSA was up to which I had forgotten.
I suspect it was a protective mechanism in my mind that I forgot so much.
Julian is a similar case. What he exposed was just so extreme that it manifested a kind of amnesia. Like a spell cast by the apprentice resulting in unexpected results.
I'm in zone 3. Just getting ready with the heat mats and grow lights.
I built an offline community focused on food security, so other folks are starting my peppers.
My responsibility is on getting the tobacco going.
Yeah I'm starting to get in the groove here.
No high octane -ve energy being pumped into my feed. It's a breath of fresh air.
Yeah I get it.
This system is so broken that it can't even give you that information until it hits the border.
Nobody can do business with a supply chain like that.
I was talking to an old client the other day. His business is import / export automation so folks don't have to pay all that money for a customs broker.
He was saying this tariff business is monkey wrenching an already dysfunctional process.
It's a disaster under the hood, believe me.
I see your art, and raise you a raygun:
Dead naming the gulf or not, depending on the audience 🤣
I was using the McAfee bot as a simple example. It's not what that bot is intended to actually do. Imagine a bot like that which appears to be a perfect replica of McAfee, such that it would seem he was uploaded into the machine.
That is the technology I'm talking about. And what scares me is how fast this technology is coming to the workplace.
Folks are about to get bounced out of their jobs for good and they have no clue it's right on their doorstep.
History shows us what happens when large populations are displaced from their traditional work.
What scares me is how the average Joe is going to react, because unlike last time, they have very little skills or ability to adapt.
Desperate and entitled people are dangerous, unpredictable people.
I'm still in the tech space, but kind of hiding out. Some of the tech is scaring the heck out of me.
For example, you might be aware of that John McAfee AI bot. Now imagine a more sophisticated version that mimics an employee in a company and then self optimizes to follow best operational practice. Now have one for every employee.
Employees may come and go, but those agents never will.
This is happening right now. I know because I advise an AI startup in this space.






