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New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
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New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Mon Apr 01, 2013 8:16 am
I am getting reports that this artcle is an April Fools Joke! Like I said below earlier today, it means "nothing!" Read the article posts in the article link at the bottom of this page. AJ
Iraq is planning to launch a new currency early next year, what's this mean for the RI/RV, nothing! But it could be everything! I do not believe this is when the RI/RV is going to take place. I believe they are going to RI/RV soon and remove the rest of the US dollars and the larger notes out of the market place and that will take a year. Then they will release this new Iraq Dinar they are talking about in this article.
AJ
New Iraqi Dinar to Change World Banking
Posted on 01 April 2013.
By Marc Snaid.
The Central Bank of Iraq (CBI) has announced that the introduction of the new Iraqi currency has been further delayed due to teething problems with the cutting-edge technology that it will employ.
Radical new functionality including fingerprint recognition and near-field communication (NFC) promises to create a world-leading new monetary system, which will be the envy of governments around the world.
Several years of collaboration between the CBI, the World Bank, and Goldman Sachs, has made it possible to create a database to track the location and ownership of each dinar note, making the monitoring of transactions much easier.
Professor John Frink, of Springfield Heights Institute of Technology, who worked on the program, explained:
“Each note already has its own serial number, so it is a simple matter to set up a database to record the location and movement of each note.
“Near-field communication, which is already used in contact-less credit and debit cards, allows the notes to communicate with your mobile phone [cellphone] and relay information to our computers.
“Touch-sensitive paper can even record the user’s fingerprint, for additional peace of mind.“
A spokesman for the CBI, Dr al-Jolson, added:
“This is a new paradigm in the management of money supply, and probably the biggest development since fractional reserve banking.
“Electronic money is easy to monitor – we get daily logs of every transaction – but up to now, cash transactions were the missing link.
“The new system will make it so much easier for people to pay their taxes, both in Iraq and abroad.“
To launch the new currency, the CBI is planning a major ceremony early next year, which will be held at the ruins of the ancient city of Babylon. All major world leaders are expected to attend.
Current dinars will cease to be valid three months after the launch of the new notes, but up to that time they can easily be exchanged in person at any bank within Iraq; identification will be required and fingerprints will be electronically recorded.
(Picture: Ishtar Gate, Babylon)
http://www.iraq-businessnews.com/2013/04/01/new-iraqi-dinar-to-change-world-banking/
Iraq is planning to launch a new currency early next year, what's this mean for the RI/RV, nothing! But it could be everything! I do not believe this is when the RI/RV is going to take place. I believe they are going to RI/RV soon and remove the rest of the US dollars and the larger notes out of the market place and that will take a year. Then they will release this new Iraq Dinar they are talking about in this article.
AJ
New Iraqi Dinar to Change World Banking
Posted on 01 April 2013.
By Marc Snaid.
The Central Bank of Iraq (CBI) has announced that the introduction of the new Iraqi currency has been further delayed due to teething problems with the cutting-edge technology that it will employ.
Radical new functionality including fingerprint recognition and near-field communication (NFC) promises to create a world-leading new monetary system, which will be the envy of governments around the world.
Several years of collaboration between the CBI, the World Bank, and Goldman Sachs, has made it possible to create a database to track the location and ownership of each dinar note, making the monitoring of transactions much easier.
Professor John Frink, of Springfield Heights Institute of Technology, who worked on the program, explained:
“Each note already has its own serial number, so it is a simple matter to set up a database to record the location and movement of each note.
“Near-field communication, which is already used in contact-less credit and debit cards, allows the notes to communicate with your mobile phone [cellphone] and relay information to our computers.
“Touch-sensitive paper can even record the user’s fingerprint, for additional peace of mind.“
A spokesman for the CBI, Dr al-Jolson, added:
“This is a new paradigm in the management of money supply, and probably the biggest development since fractional reserve banking.
“Electronic money is easy to monitor – we get daily logs of every transaction – but up to now, cash transactions were the missing link.
“The new system will make it so much easier for people to pay their taxes, both in Iraq and abroad.“
To launch the new currency, the CBI is planning a major ceremony early next year, which will be held at the ruins of the ancient city of Babylon. All major world leaders are expected to attend.
Current dinars will cease to be valid three months after the launch of the new notes, but up to that time they can easily be exchanged in person at any bank within Iraq; identification will be required and fingerprints will be electronically recorded.
(Picture: Ishtar Gate, Babylon)
http://www.iraq-businessnews.com/2013/04/01/new-iraqi-dinar-to-change-world-banking/
Last edited by AJAnderson on Mon Apr 01, 2013 2:15 pm; edited 3 times in total
Guest- Guest
Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Mon Apr 01, 2013 9:49 am
Awesome find AJ.
Guest- Guest
yep
by clayf Mon Apr 01, 2013 10:12 am
“
Current dinars will cease to be valid three months after the launch of the new notes, but up to that time they can easily be exchanged in person at any bank within Iraq; identification will be required and fingerprints will be electronically recorded. Watch "em" play it that way
http://www.iraq-businessnews.com/2013/04/01/new-iraqi-dinar-to-change-world-banking/[/quote]
Current dinars will cease to be valid three months after the launch of the new notes, but up to that time they can easily be exchanged in person at any bank within Iraq; identification will be required and fingerprints will be electronically recorded. Watch "em" play it that way
http://www.iraq-businessnews.com/2013/04/01/new-iraqi-dinar-to-change-world-banking/[/quote]
Last edited by clayf on Mon Apr 01, 2013 10:13 am; edited 1 time in total (Reason for editing : color change)
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Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Mon Apr 01, 2013 10:43 am
[/quote]clayf wrote:“
Current dinars will cease to be valid three months after the launch of the new notes, but up to that time they can easily be exchanged in person at any bank within Iraq; identification will be required and fingerprints will be electronically recorded. Watch "em" play it that way
http://www.iraq-businessnews.com/2013/04/01/new-iraqi-dinar-to-change-world-banking/
Wow, are the rules now changing?
Guest- Guest
Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by clayf Mon Apr 01, 2013 10:45 am
Anyone with any insight on this, bring to any bank inside Iraq statement bring em on in and we will change them out.Probably after the expiration period of that 3 months to turn in then they will RI...That would be away to keep from getting so many cashed in?
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Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by clayf Mon Apr 01, 2013 10:51 am
Great! going to Iraq early 2014??? go figure
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Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Kevind53 Mon Apr 01, 2013 10:55 am
“Each note already has its
own serial number, so it is a simple matter to set up a database to
record the location and movement of each note.
“Near-field
communication, which is already used in contact-less credit and debit
cards, allows the notes to communicate with your mobile phone
[cellphone] and relay information to our computers.
“Touch-sensitive paper can even record the user’s fingerprint, for additional peace of mind.“
A spokesman for the CBI, Dr al-Jolson, added:
“This
is a new paradigm in the management of money supply, and probably the
biggest development since fractional reserve banking.
Interesting development. Especially in light of the prophecies in the book of Revelation.
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
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Age : 24
Location : Umm right here!
Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Mon Apr 01, 2013 11:03 am
Yes, that was my thought as well!Kevind53 wrote:“Each note already has its
own serial number, so it is a simple matter to set up a database to
record the location and movement of each note.
“Near-field
communication, which is already used in contact-less credit and debit
cards, allows the notes to communicate with your mobile phone
[cellphone] and relay information to our computers.
“Touch-sensitive paper can even record the user’s fingerprint, for additional peace of mind.“
A spokesman for the CBI, Dr al-Jolson, added:
“This
is a new paradigm in the management of money supply, and probably the
biggest development since fractional reserve banking.
Interesting development. Especially in light of the prophecies in the book of Revelation.
Guest- Guest
Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Mon Apr 01, 2013 11:06 am
punisher wrote:clayf wrote:“
Current dinars will cease to be valid three months after the launch of the new notes, but up to that time they can easily be exchanged in person at any bank within Iraq; identification will be required and fingerprints will be electronically recorded. Watch "em" play it that way
[/quote]
Wow, are the rules now changing?[/quote]
No, i do not think at this time the rules are changing as long as we do our cashins before that time or place what we do not cashin in a dinar bank account.
Guest- Guest
Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Mon Apr 01, 2013 11:19 am
clayf wrote:Great! going to Iraq early 2014??? go figure
I don't think we will have to go to IRAQ, lol. I hope not.
Guest- Guest
Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by clayf Mon Apr 01, 2013 11:33 am
sorry but I just always look at how they might try to get around having to come up with some huge payday for all of the dinarians
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Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Mon Apr 01, 2013 12:41 pm
clayf, it is good to always be open minded...
Guest- Guest
Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Mon Apr 01, 2013 1:56 pm
I am getting reports that this artcle is an April Fools Joke!
Guest- Guest
Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Mon Apr 01, 2013 2:13 pm
Wow! Silly people.
Guest- Guest
Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Kevind53 Mon Apr 01, 2013 2:18 pm
Well the thumbprint seemed a little odd, but the chip is entirely possible.
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
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Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Mon Apr 01, 2013 2:33 pm
Wonder what other news from today is a joke???
Guest- Guest
Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Mon Apr 01, 2013 3:03 pm
punisher wrote:Wonder what other news from today is a joke???
Maybe all of it, maybe some of it, But Iraq will still move forward until one day they have some Peace!
Guest- Guest
Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Mon Apr 01, 2013 5:05 pm
True AJ, true.
Guest- Guest
yep
by clayf Mon Apr 01, 2013 10:42 pm
Thanx Punisherpunisher wrote:clayf, it is good to always be open minded...
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yep
by clayf Mon Apr 01, 2013 10:47 pm
and yes The IBN! it now says april fools.....good!!!!clayf wrote:Thanx Punisherpunisher wrote:clayf, it is good to always be open minded...
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Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Terbo56 Mon Apr 01, 2013 11:04 pm
The way things are going and have been going, I really believe this whole dinar speculation think is a JOKE-
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Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Tue Apr 02, 2013 12:11 am
clayf wrote:and yes The IBN! it now says april fools.....good!!!!clayf wrote:Thanx Punisherpunisher wrote:clayf, it is good to always be open minded...
ARGH!
Guest- Guest
Re: New Dinar in early 2014 (I am getting reports that this is an April Fools Joke)
by Guest Tue Apr 02, 2013 8:46 am
Sick frigg'en Joke IBN! For a business you should be ashamed of your selves!
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