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 "Open Letter to Dave 'the Douchebag' Schmidt" by D.Devaroe, PHD  7/13/17 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

"Open Letter to Dave 'the Douchebag' Schmidt" by D.Devaroe, PHD 7/13/17

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Post by Ssmith on Thu Jul 13, 2017 4:12 pm

Dave,

I strongly suggest you do some research on International Currency laws. I tried to explain to you the 'factual status' of the IQD regarding its sovereignty in my last email. The IQD does not have to be internationally traded on the forex for it to be considered a 'sovereign' or 'official' currency.

The CBI, GOI, UN, IMF, WB, BIS, FRB, UST, as well as ALL nations recognize the IQD as the 'official' 'sovereign' currency of Iraq. This is 100% FACT!!! If Iraq ever decides to de-monetize the 2003 issue notes and remove them from circulation, by International law they must give public notice, then for a pre-set time frame, they will collect the notes, giving credit at whatever the current market rate is, minus the spread fee of usually 20%

ALL IQD currency holders will be allowed plenty of time to contact whoever they purchased their currency from and return/sell back the currency for CMR minus 20%.

An easy example is: paid $1,000 = 1,000,000 IQD sell back: $800 (roughly 20% loss)

Of course if you wait past the announced deadline to turn in the old notes, then you could find the notes without value.

Just between you and I,.. as a public figure, you have a large following and you wield measurable influence on this group. It could become problematic for you if someone were to experience a loss or negative outcome based on your influence or suggestions. <= free legal advise ;-)

D.Devaroe, PHD
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Post by Sam I Am on Thu Jul 13, 2017 5:20 pm

Who is D. Devaroe?

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Post by Ssmith on Thu Jul 13, 2017 8:00 pm

Don't know.  This was published at Intel Dinar Chronicles.
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Post by Ethel Biscuit on Fri Jul 14, 2017 2:30 am

@Sam I Am wrote:Who is D. Devaroe?

He's a "PHD" apparently. Not sure what that is. A "PHUDD" maybe? I know what a Ph.D is, with lower-case "h".

Whatever he is, he's clearly the sort of intellectual lightweight or insecure person who thanks that putting some letters after his name gives his arguments more weight and will impress people.

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Post by Oldtimer61 on Mon Jul 17, 2017 9:10 am

I agree with his statement that there will be negative outcomes or a vigilante party towards all the scumbags who sold and pumped and strung along all the mindless sheep who listen to these scumbags. Most of the scumbags have made it so easy to find them like Cockroach Admin Bill, douchebag Dave, scumbag ray rat. When the dinar becomes even more worthless do you really think the scumbag currency dealers like treasury vault, will buy back worthless dinar? If you think that you're an idiot. The only chance you have of taking only a 20% loss is to sell it back now before the iqd rds. Once it rds or lops you'll lose 100% of what you paid. Goooo rv! Lmao

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Post by Red Panda on Mon Jul 17, 2017 11:23 am

These gurus are in the business of hopium.  If one scenario is fading away, they will come up with something else to keep the dream alive.  Dave Schmidt has now declared the Dinar and the Zim done.  He is advising to sell Dinar and buy Dong and/or crypto currencies.  Even though no one has made a dime as a result of his advice, they still pay him $99 or more to listen to his latest stories at his workshops.  

Despite all his high level, tangible sources that he claims are working to free humanity from financial slavery, the only one making $$ in the Dave Schmidt camp is Dave Schmidt.

His ongoing stories are adding insult to injury or adding salt to the wounds of Dinarians and they continue to pay him more in the hopes that someday the money will flow to them instead of away from them.

In this regard Dave is playing the same schtick as ZAP - keep paying my bills and my sources will eventually come through with the $$$ for you.  All the while he keeps repeating this was never meant to make you and me rich, it is about humanitarian projects and releasing folks from financial slavery.

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