Tuesday, March 4, 2025

TIDBIT FROM PIMPY, 4 MARCH

 Pimpy  

What does [a digital Iraqi dinar] mean for those of us who have the paper IQD

 The truth of the matter is they hadn't said one way or another. 

 If they go 100% digital what you have to pay attention to is, does the digital only work for the people within Iraq?

  So it makes it okay for people outside of Iraq to hold paper currency because if they go 100% digital then that means we're going to have to give up our IQD. 

 We're going to have to turn it in.  Either we have to sell it back or we're going to have to figure out how to get a digital version of it at the current exchange rate.  I don't know if that's going to be possible.  The odds are they're going to force people to sell the dinar...

What does that mean for speculators?  ...We're going to have to wait and see...

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