MarkZ
[via PDK]
Article: “IRAQ CONFRONTS ECONOMIC CRISES WITH THE “DIGITAL DINAR.” THE PARALLEL MARKET IS THREATENED WITH “EXTINCTION.”
...When they talk about the digital dinar, it is backed by a physical measure of gold mixed with a basket of currencies from the region and oil or petrochemicals....
this is a gold and asset backed digital currency.
They will still have cash…physical dinar notes but it will be represented by the digital...
they told us exactly what they are doing.