International lender of last resort

LUXXFOLIO Launches Immersion Mining and Substantially Reduces Debt

Retrieved on: 
Thursday, August 11, 2022
Multimedia, Risk, International lender of last resort, Creditor, ASIC, Industry, Forward-looking statement, Legislation, Debt settlement, Phrase, Debt, YouTube, Immersion, Navajo Nation, Miner, Environment, Public expenditure, Company, View, The Company, Navajo, Telegraphy, CSE, Ownership, Mining, Security (finance), Cryptocurrency, Audit, BC

Under the Debt Settlement, the Company will reduce its debt by approximately USD$5.8mm (the "Debt") in exchange for a reduction to its current mining fleet by approximately 1900 machines (the "Miners").

Key Points: 
  • Under the Debt Settlement, the Company will reduce its debt by approximately USD$5.8mm (the "Debt") in exchange for a reduction to its current mining fleet by approximately 1900 machines (the "Miners").
  • The Debt represents the Company's entire obligation to the Lender and substantially all the Company's long-term debt.
  • LUXXFOLIO gains financial flexibility and capacity in our New Mexico site to aggressively pursue our immersion mining strategy.
  • LUXXFOLIO believes immersion is the future of mining and provides a risk-reduced business strategy for mining.

Webtel.mobi Describes Impassable Barriers to Proposed CBDC Creation – Already Transcended by Its TUV Digital Currency

Retrieved on: 
Friday, October 8, 2021
Person, Agitation, Community business development corporation, Central, Convertibility, ST, Central bank digital currency, International Monetary Fund, Artificial Intelligence System, Government debt, Digital, Digital currency, Fiat, UN Security Council Sanctions Committee on North Korea, TUV, SDR, Retail, United Nations Security Council, UN, Balance of payments, Virtual currency, Instability, Commercial bank, GLOBE, Tech, Failure, Population, Foreign exchange market, Public sector banks in India, International lender of last resort, CBDC, Tokenization, WM, Mastercard, Maintenance, Decision-making, Metastability, South Korean IMF (International Monetary Fund) Agreement,1997, Commercial, Global Exchange, Central bank, Knowledge, Tuv, Artificial intelligence systems integration, Element, Acquisition, CB Bank, Visa, Cryptocurrency, Bank

A primary question re: CBDC creation is therefore: what are its adherents trying to create and why because Central Bank Digital Money already exists?

Key Points: 
  • A primary question re: CBDC creation is therefore: what are its adherents trying to create and why because Central Bank Digital Money already exists?
  • The second variation is a Retail CBDC, which would be Central Bank issued Digital Money issued to, accessible to, and usable by the public.
  • WMs TUV Digital Currency has extreme security features built into it that are unique to each TUV.
  • WMs TUV provides full Global acquisition, storage, transfer, payment, Convertibility between currencies, convertibility back to a Fiat currency, return to bank accounts and various other essential requirements for a functional Global Digital Currency.