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September 09, 2022
⚠️Clif High - Panic! 2022!⚠️

(Dinarian Note: Something to think about: If the evil petro-dollar is on it's way out.. is any stablecoin pegged to it really a safe-haven? Or is it better to be in Cryptos and silver during the transformation? 👉Not financial advice, just something to be thinking about as we move forward.)

Remember! Deep, slow, breathing!

Panic, it turns the mouth into a dessert with the tongue a rough and scaly petrified log resting on the sand. It heats the throat, pressurizes the lungs, constricts the heart, and empties the bowels and bladder with force that feels like it is draining away your very life.

Panic! It’s the most powerful of our active emotional complexes.... the one that can destroy the mind and all reason, in an attempt to preserve the body during assault. Panic drives the body and mind into an intensity equaled by no other emotion. Panic! It’s designed by universe as the last employable strategy when your mind is saying that Life Itself is about to be lost.

Panic grabs all the millions of bundles of existing stress in your body into a rope, twisting until they all start screeching under the strain, demanding of the Mind and Will some form... any form of release from the pressure.

Panic! As with all emotions, it’s contagious.

Panic spreads rapidly. The speed of transmission through a population is a defining characteristic of panic. Panic jumps from person to person with the very spark of communication, faster than electricity, at nearly the speed of Thought. Panic spreads fast.

There is no panic like a banking panic. Especially for speed of transmission, though it is the depth of penetration of the panic that is remembered in history, not usually the rapidity of its spread, as banking panics always are followed by society changing periods that last for years.

The Panic of 1893 led to four hard years that nearly destroyed the middle class in the USA. This panic also prompted political changes that participated in the Anti-Masonic movement that produced the ‘anti-mason laws’, as well as two, new, national political parties, one of which would go on to take the Presidency in just 10 years time.

The Panic of 1893 took out 500 banks, over 15,000 businesses, 4 major railroads, the nascent steel industry, and nearly sent Washington State back to the status of Territory. The Panic struck just 4 short, exuberant years following statehood being granted to Washington. During those 4 years, Washington had the fastest growing population on the North American continent. Census figures record some areas growing 20 fold over those first four exciting years of statehood as men, machinery, and money, moved in to harvest the plentiful resources of timber, fish, and irrigation free (due to rainfall) farming. Washington was a ‘booming’ place.

In fact, it was so ‘booming’ that the sentiment became a sales slogan.

Seattle boosters called their city "the boomingest place on the earth," and British author Rudyard Kipling described Tacoma in 1889 as "literally staggering under a boom of the boomiest" (Kipling, 43). www.historylink.org/file/20874

Always, both booms and banks will fail, and the banking Panic of 1893 sparked across the minds of men, igniting the explosion of confidence that ruptured the Washington state, as well as national, confidence. First the capital flow into the state shrunk, then reversed sharply, until funding on any commercial venture could be characterized as ‘impossible to obtain’. Within just 18 months following the panic, Washington state, the fastest growing state in the Nation, began to see municipalities fail, the infrastructure crumble, and the population abandon the area. The effects of the Panic of 1893 on Washington were still being felt four decades later in the 1940s as the state was best known for being the home of ‘Ma and Pa Kettle’ of movie fame, the iconic example of the form of American ‘genteel poverty’ at the time.

The confidence in the banking system in 1893 was due for an implosion based purely on internal dynamics of rampant fraud, poor-to-no accounting, a corrupt judicial system that favored the ‘special interests’ (today called ‘TPTB’, or the Deep State), and no political will to tackle the problems.

Sound familiar?

These days we have the financial system delicately balanced around a dying currency. Conditions are ripe for another banking panic.

There are notable differences between banking panics, and banking manipulations that produce crashes. The Panic of 1893 was structurally unlike the Great Depression of the 1930s. We even memorialize them in history based on their key differences. While the Great Depression was an engineered financial system ‘conversion event’ in which the controllers of the fractional reserve fiat system were converting their interest based ‘gains’ within the system into physical goods such as farm lands, thus creating the waves of ‘farmer suicides’ in the Midwest of USA in the 1930s, the Panic of 1893 was an event exogenous to the financial system of the day.

The Great Depression, and subsequent World War 2, were engineered to create just the results that history witnessed. The only time there was real panic within the financial system in the 1930s was in 1933, when the engineered slow down of the flow rates intended to allow assets to be seized by the banksters came perilously close to unleashing the Central Bank Killer, aka “deflation” as the commercial and government bonds moved towards implosion. At that point there was Big Panic within the system that originated at the top, eventually even spilling out into small scale runs against regional banks. The fear of deflation resulted in the Banksters, via the Federal government ‘authority’ of the office of the Presidency, going to great lengths to seize gold, and to outlaw it’s use by the populace.

The Panic of 1893, in contrast, was a sudden event outside the control of the ‘special interests’, today called the ‘elites’. The Panic, unlike the 1930s, was not engineered, and was the result of a loss of confidence in a bank issued currency during conditions of naturally occurring deflation, amid a period of the stabilization of commercial and consumer demand rates, while the economy was digesting the influx of inflation from gold discoveries of the previous 5 decades. Specifically, the Baring Bank issued demand notes based on illusions of growth within the Argentine economy, which failed to materialize. The Baring Bank, so the history back story goes, then paid to foment a coup in Argentina to try to force conditions to support their demand note issuance. When the news of the failure of the coup reached North America, the inevitable loss of confidence precipitated a great cascading fault Panic against over 500 banks’ demand notes which all rolled back into confidence in the dollar. As the demand notes, and other, mostly fraudulent currencies were destroyed, deflation roared to life within the global banking system.

The Panic of 1893 was not named by history for the subsequent massive Depression that changed America, and the World far more than was observed during the Great Depression of the 1930s. The difference is that the depression years following the 1893 Panic, and banking system collapse, was a period of decentralized growth, whereas during the Great Depression, it was rebuilding within the same, flawed, fraudulent financial centralized system that had created the conditions.

THE basic difference was the existence of the American Central Bank, aka ‘the Federal Reserve Bank’, which is not part of the federal government, has no reserves, and is not a bank.

The Panic of 1893 changed the political landscape across America, and the subsequent depression altered the world with innovation and inventions. Think airplanes, automobiles, electric communications, asphalt roads, soda pop, vitamins, and many other inventions made the US & world patent offices very busy places from 1897 through into 1929. There was a boom in patents, both applied, and granted, not equaled since. All of this emerged during the depression following the Panic of 1893. It was noted by economic forecasters of those years that the Panic had a great and deep ‘cleansing’ effect on the economy, and the minds of the people, and that the resulting institutional ‘poverty’ was significant in removing barriers placed on the populace by those, mostly corrupt, institutions.

The pace of innovation withered following 1929 as invention and commercial creation was brought under control of the CBI (central bank infrastructure) of academic and corporate and government funded research centers. The Great Depression of 1930s merely hardened the control of the Deep State, and eliminated avenues of freedom for the populace as the fractional reserve banking system set out to conquer the planet.

Which it did, conquer the planet, that is. We are there now. Central banking owns the earth, and all its resources, including you. At least that’s what the banksters think, and say. Just go listen to any of the speeches at the World Economic Forum. You will hear them say it. And their corrupted courts will enforce that thinking on you.

The recovery from the Panic of 1893 was visible within a single year as the prompted political and systemic changes began to be backed by the populace. It took four years, until 1897, for the impacts of the Panic period to fully emerge, for the 15,000 businesses to go bust, for the 500 + banks to implode, for the people to resettle, but by then, efforts to rebuild through replacing flawed institutions, and thinking, were already being seen in both National, and international publications.

The recovery from the engineered Great Depression is arguably still on-going as the Central Banking powers granted by law during the early years of that depression are still in effect. We are still using the degraded, failed, flawed, and fraudulent Federal Reserve Note (aka ‘the dollar’), and the same political infrastructure is still in place, in fact, more entrenched, and more pervasive, than ever seen in past Ages.

The conditions we face now are remarkably similar to those in existence prior to 1893 in character, though greatly magnified by population size, and thus economic, as well as financial activity. The pressures on the financial system, now, from popular culture, capital flows, government stability, banking controller actions are all much more resembling those of the late 1880s than the 1920s.

In spite of the very large, and very public, levels of social engineering by the Central Banks of the world, trying to cause yet another Great Depression, and follow on World War, 👉it is my opinion that we will instead witness a Banking Panic erupt.

👉The Panic that will erupt will be a ‘central’ banking panic. This panic, as in 1893 (and previous banking panics) will be at the level of ‘confidence in the currency’…at the level of the Federal Reserve itself. That is, like the Panic of 1893, the coming Great Panic of 2022 (or maybe 2023, though personally it seems unlikely that they can hold it together that long), will be all about faith and confidence in central bank issued currencies.

👉This Great Panic of 2022 will destroy the ‘full faith and credit’ of the US Federal Government. And its institutions. This will lead to the period that was labeled as Secrets Revealed within my ALTA reports.

👉The Secrets Revealed period will emerge due to the failure of the petrodollar financial structure that causes the Deep State to no longer have effective ways to bribe people at all levels of the ‘corruption career ladder’. This in turn leads to a great outpouring of Secrets, both large and small. The Secrets being revealed create an environment of ‘disclosure’ that was shown in my work to alter our concept of ‘transparency’, as well as ‘government’.

👉Deflation is again here, though caused this time by the covid scam and subsequent die-off from the vaccines. The ill, dying, and dead people from covid don’t make many demands on our consumer society. The failed war of NATO versus Russia in the Ukraine occupies the place of the failed coup in Argentina in 1893. When the reality of the failure becomes visible 👉due to some singular event, some example that can be discussed by the populace as a meme illustrative of the emerging failure, 👉then will the Panic of 2022 manifest.

👉There is not enough Xanax on this planet to calm a banking Panic.

👉As the Panic of 2022 unfolds, there will be mass histrionics, much from government, and banking ‘officials’ (most of whom will be gone from their positions within the next 12 months), as well as hysterics, and bad reactions within the populace.

People you know will go batshit crazy. The important thing to know when you see your relatives, friends, and neighbors acting out inappropriately, is that likely no one will remember the small incidents such your sister-in-law crying while shaking her nude fiddly bits in public.

👉So breathe deep and slow and remember that we are all going to be in it in a serious way, but that a cleansing Panic is a hell of a lot better than the alternative!

https://clifhigh.substack.com/p/panic-2022

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🇺🇸 One year ago today in Butler, Pennsylvania 🇺🇸

Today marks one year since the shocking assassination attempt on President Donald Trump—a moment that sent waves of concern and reflection throughout the nation and the world. On this day in 2024, the country witnessed a stark reminder of the volatility and intensity that can surround political life.

Thankfully, President Trump survived the attempt, and his resilience became a symbol of strength for many Americans. The event sparked renewed discussions about security, civil discourse, and the importance of unity in turbulent times.

As we look back, let us remember the importance of peaceful dialogue, and the enduring spirit that guides us through adversity.

00:00:08
👀CEO OF SBI HOLDINGS YOSHITAKA KITAO: AFTER THE SEC CASE ENDS, XRP WILL BE A VERY HIGH PRI👀

"Related products, and then crypto assets, um, Ripple’s XRP. Well, regarding Ripple’s XRP, when I looked at the statement from their CEO the other day…

It seems he thinks that a court decision will come out in a few weeks.

If the decision is made and Ripple’s XRP is recognized as a coin, I think this will have a huge impact on the price. Since we are the main external shareholders, if we sell, we would realize significant capital gains, but even if we don’t sell, it would still be quite substantial in terms of valuation, I believe it will immediately move toward a public stock offering."

Translated via AI ~ Crypto Michael ⚡The Dinarian

00:01:10
🚀 Bitcoin Hits New All-Time High – What’s Next?

Bitcoin reached a new peak of $118,254 on July 11, 2025, driven by institutional demand, favorable macro conditions, and supportive crypto regulations. With a 100%+ year-over-year surge, what's next for BTC?

🔮 Bitcoin Outlook

📆 Short Term (6–12 Months)

  • Expect volatility post-ATH
  • Spot BTC ETFs attract significant capital
  • Potential range: $95K–$135K

🕰 Medium Term (1–3 Years)

  • 2024 halving impact continues
  • More institutions may adopt BTC as reserve/collateral
  • Global regulatory clarity boosts confidence
  • Potential range: $120K–$200K+

🌐 Long Term (5–10+ Years)

  • BTC may solidify as digital gold
  • Used in cross-border settlements and emerging markets
  • Scarcity (21M cap) drives value
  • Bullish case: $250K–$1M+
  • Bearish case: $20K–$50K (if tech/regulatory risks rise)

📌 Key Drivers

  • Institutional adoption
  • Spot ETF flows
  • Crypto regulations
  • Fed interest rate policy
  • Lightning Network & Layer 2 scaling
  • Geopolitical uncertainty

💬 TL;DR:
Bitcoin’s $118K breakout ...

00:00:07
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading
No Cash Society By 2032-33 👀
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🚨 Banks Could Roll Out XRP-Powered Payment Systems in Just Weeks, Experts Say 🚨

Banks worldwide are on the verge of a major payments revolution, with experts indicating that XRP-powered payment systems could be deployed in a matter of weeks—pending final regulatory approvals. This rapid rollout is set to transform cross-border transactions and modernize global banking infrastructure.

🔹 Why XRP?

  • Speed: XRP enables payments to settle in as little as three seconds, with near-zero failure rates, making it a top choice for international payments.

  • Cost Efficiency: By eliminating the need for pre-funding accounts in foreign countries, banks can free up capital and reduce operational costs.

  • Interoperability: Ripple’s infrastructure allows seamless connectivity between different banks’ ledgers, streamlining cross-border transfers.

🔹 How Fast Can Banks Integrate XRP?

  • Implementation Timeline: Experts say full integration, including onboarding and technical setup, can take as little as three weeks, with most banks completing the process within two to three months once regulations are...
‼️THE FED’S ISO BIG BANG ON MONDAY IS A MASSIVE UPGRADE FOR THE ENTIRE PAYMENT INDUSTRY—“THE BIGGEST EVENT TO HAPPEN IN PAYMENTS”‼️

The U.S. Federal Reserve is set to implement a sweeping upgrade to its Fedwire Funds Service, requiring all financial institutions to use the ISO 20022 messaging standard for electronic payments starting July 14, 2025. This transition aligns the U.S. with more than seventy countries already using ISO 20022 for modern, efficient, and data-rich payment processing.

🤔 What’s Changing?

🔹 Banks and credit unions sending payments through Fedwire must use the ISO 20022 standard, replacing the legacy Fedwire Application Interface Manual (FAIM).

🔹 The upgrade is a “big bang conversion,” meaning the switch happens all at once, not gradually.

🔹 The ISO 20022 format allows for more structured, detailed data in each transaction, improving transparency, efficiency, and compliance.

🔎 Why ISO 20022 Matters

🔹 Enables seamless global transactions by harmonizing data and messaging with international payment systems.

🔹 Reduces errors and manual processing, making payments faster and ...

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Musk Turns On Starlink to Save Iranians from Regime’s Internet Crackdown

Elon Musk, the world’s richest man and a visionary behind SpaceX, has flipped the switch on Starlink, delivering internet to Iranians amid a brutal regime crackdown.

This move comes on the heels of Israeli strikes targeting Iran’s nuclear facilities, as the Islamic Republic cuts off online access.

The former Department of Government Efficiency chief activated Starlink satellite internet service for Iranians on Saturday following the Islamic Republic's decision to impose nationwide internet restrictions.

As the Jerusalem Post reports, that the Islamic Republic’s Communications Ministry announced the move, stating, "In view of the special conditions of the country, temporary restrictions have been imposed on the country’s internet."

This action followed a series of Israeli attacks on Iranian targets.

Starlink, a SpaceX-developed satellite constellation, provides high-speed internet to regions with limited connectivity, such as remote areas or conflict zones.

Elizabeth MacDonald, a Fox News contributor, highlighted its impact, noting, "Elon Musk turning on Starlink for Iran in 2022 was a game changer. Starlink connects directly to SpaceX satellites, bypassing Iran’s ground infrastructure. That means even during government-imposed shutdowns or censorship, users can still get online, and reportedly more than 100,000 inside Iran are doing that."

During the 2022 "Woman, Life, Freedom" protests, Starlink enabled Iranians to communicate and share footage globally despite network blackouts," she added.

MacDonald also mentioned ongoing tests of "direct-to-cell" capabilities, which could allow smartphone connections without a dish, potentially expanding access and supporting free expression and protest coordination.

Musk confirmed the activation, noting on Saturday, "The beams are on."

This follows the regime’s internet shutdowns, which were triggered by Israeli military actions.

Adding to the tension, Israeli Prime Minister Benjamin Netanyahu addressed the Iranian people on Friday, urging resistance against the regime.

"Israel's fight is not against the Iranian people. Our fight is against the murderous Islamic regime that oppresses and impoverishes you,” he said.

Meanwhile, Reza Pahlavi, the exiled son of Iran’s last monarch, called on military and security forces to abandon the regime, accusing Supreme Leader Ayatollah Ali Khamenei in a Persian-language social media post of forcing Iranians into an unwanted war.

Starlink has been a beacon in other crises. Beyond Iran, Musk has leveraged Starlink to assist people during natural disasters and conflicts.

In the wake of hurricanes and earthquakes, Starlink has provided critical internet access to affected communities, enabling emergency communications and coordination.

Similarly, during the Ukraine-Russia conflict, Musk activated Starlink to support Ukrainian forces and civilians, ensuring they could maintain contact and access vital information under dire circumstances.

The genius entrepreneur, is throwing a lifeline to the oppressed in Iran, and the libs can’t stand it.

Conservative talk show host Mark Levin praised Musk’s action, reposting a message stating that Starlink would "reconnect the Iranian people with the internet and put the final nail in the coffin of the Iranian regime."

"God bless you, Elon. The Starlink beams are on in Iran!" Levin wrote.

Musk, who recently stepped down from leading the DOGE in the Trump administration, has apologized to President Trump for past criticisms, including his stance on the One Big Beautiful Bill.

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GENIUS Act lets State banks conduct some business nationwide. Regulators object

The Senate passed the GENIUS Act for stablecoins last week, but significant work remains before it becomes law. The House has a different bill, the STABLE Act, with notable differences that must be reconciled. State banking regulators have raised strong objections to a provision in the GENIUS Act that would allow state banks to operate nationwide without authorization from host states or a federal regulator.

The controversial clause permits a state bank with a regulated stablecoin subsidiary to provide money transmitter and custodial services in any other state. While host states can impose consumer protection laws, they cannot require the usual authorization and oversight typically needed for out-of-state banking operations.

The Conference of State Bank Supervisors welcomed some changes in the GENIUS Act but remains adamantly opposed to this particular provision. In a statement, CSBS said:

“Critical changes must be made during House consideration of the legislation to prevent unintended consequences and further mitigate financial stability risks. CSBS remains concerned with the dramatic and unsupported expansion of the authority of uninsured banks to conduct money transmission or custody activities nationwide without the approval or oversight of host state supervisors (Sec. 16(d)).”

The National Conference of State Legislatures expressed similar concerns in early June, stating:

“We urge you to oppose Section 16(d) and support state authority to regulate financial services in a manner that reflects local conditions, priorities and risk tolerances. Preserving the dual banking system and respecting state autonomy is essential to the safety, soundness and diversity of our nation’s financial sector.”

Evolution of nationwide authorization

Section 16 addresses several issues beyond stablecoins, including preventing a recurrence of the SEC’s SAB 121, which forced crypto assets held in custody onto balance sheets. However, the nationwide authorization subsection was added after the legislation cleared the Senate Banking Committee, with two significant modifications since then.

Originally, the provision applied only to special bank charters like Wyoming’s Special Purpose Depository Institutions or Connecticut’s Innovation Banks. Examples include crypto-focused Custodia Bank and crypto exchange Kraken in Wyoming, plus traditional finance player Fnality US in Connecticut. Recently the scope was expanded to cover most state chartered banks with stablecoin subsidiaries, possibly due to concerns about competitive advantages.

Simultaneously, the clause was substantially tightened. The initial version allowed state chartered banks to provide money transmission and custody services nationwide for any type of asset, which would include cryptocurrencies. Now these activities can only be conducted by the stablecoin subsidiary, and while Section 16(d) doesn’t explicitly limit services to stablecoins, the GENIUS Act currently restricts issuers to stablecoin related activities.

However, the House STABLE Act takes a more permissive approach, allowing regulators to decide which non-stablecoin activities are permitted. If the House version prevails in reconciliation, it could result in a significant expansion of allowed nationwide banking activities beyond stablecoins.

Is it that bad?

As originally drafted, the clause seemed overly permissive.

The amended clause makes sense for stablecoin issuers. They want to have a single regulator and be able to provide the stablecoin services throughout the United States. But it also leans into the perception outside of crypto that this is just another form of regulatory arbitrage.

The controversy over Section 16(d) reflects concerns about creating a regulatory gap that allows banks to operate interstate without the oversight typically required from either federal or state authorities. As the two Congressional chambers work toward reconciliation, lawmakers must decide whether stablecoin legislation should include provisions that effectively reduce traditional banking oversight requirements.

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If you find value in my content, consider showing your support via:

💳 PayPal: 
1) Simply scan the QR code below 📲
2) or visit https://www.paypal.me/thedinarian

🔗 Crypto – Support via Coinbase Wallet to: [email protected]

Or Buy me a coffee: https://buymeacoffee.com/thedinarian

Your generosity keeps this mission alive, for all! Namasté 🙏 Crypto Michael ⚡  The Dinarian

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Dubai regulator VARA classifies RWA issuance as licensed activity
Virtual Asset Regulatory Authority (VARA) leads global regulatory framework - makes RWA issuance licensed activity in Dubai.

Real-world assets (RWAs) issuance is now licensed activity in Dubai.

~ Actual law.
~ Not a legal gray zone.
~ Not a whitepaper fantasy.

RWA issuance and listing on secondary markets is defined under binding crypto regulation.

It’s execution by Dubai.

Irina Heaver explained:

“RWA issuance is no longer theoretical. It’s now a regulatory reality.”

VARA defined:

- RWAs are classified as Asset-Referenced Virtual Assets (ARVAs)

- Secondary market trading is permitted under VARA license

- Issuers need capital, audits, and legal disclosures

- Regulated broker-dealers and exchanges can now onboard and trade them

This closes the gap that killed STOs in 2018.

No more tokenization without venues.
No more assets without liquidity.

UAE is doing what Switzerland, Singapore, and Europe still haven’t:

Creating enforceable frameworks for RWA tokenization that actually work.

Matthew White, CEO of VARA, said it perfectly:

“Tokenization will redefine global finance in 2025.”

He’s not exaggerating.

$500B+ market predicted next year.

And the UAE just gave it legal rails.

~Real estate.
~Private credit.
~Shariah-compliant products.

Everything is in play.

This is how you turn hype into infrastructure.

What Dubai is doing now is 3 years ahead of everyone else.

Founders, investors, ecosystem builders:

You want to build real-world assets onchain.

Don’t waste another year waiting for clarity.

Come to Dubai.

It’s already here.

 

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🙏 Donations Accepted 🙏

If you find value in my content, consider showing your support via:

💳 PayPal: 
1) Simply scan the QR code below 📲
2) or visit https://www.paypal.me/thedinarian

🔗 Crypto – Support via Coinbase Wallet to: [email protected]

Or Buy me a coffee: https://buymeacoffee.com/thedinarian

Your generosity keeps this mission alive, for all! Namasté 🙏 Crypto Michael ⚡  The Dinarian

 

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