Jews To Create "Paper Diamonds"

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Wade Hampton III
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Joined: Fri Oct 18, 2013 10:40 pm
Location: Pontiac, SC

Jews To Create "Paper Diamonds"

Post by Wade Hampton III » Thu Jan 31, 2019 2:05 pm

From Russia Today...

Israel's diamond exchange launches digital coins mostly backed by paper gems!
The Israeli diamond exchange, one of the largest in the world, has announced
the release of a cryptocurrency that is partially secured by diamonds, various
news agencies report. The goal is to make the market, which still prefers cash
to plastic, more transparent. Current transactions are “often carried out
anonymously, with the shake of a hand and minimal documentation,” Israel’s
Justice Ministry recently stated. The exchange will issue two coins: one called
'carat,' which is targeted at a wide range of investors; and one called 'cut,'
which is intended to be used for settlements between professional traders in
the diamond market. Only 25 percent of the value of the 'carat' will be backed
by physical diamonds traded on the exchange, its Managing Director Eli Avidar
told the Times of Israel. The move is expected to reassure investors, he added.

According to Reuters, the new cryptocurrencies will not be government-controlled.
The creators of the project say it is a comfortable way to invest in the diamond
market without taking possession of physical diamonds. “We are creating a way
for people to invest in the market without actually buying and selling diamonds,”
said Avishai Shoushan, CEO of the year-old CARAT.IO, which created the digital
coins for the exchange. Shoushan said that quarter of the market value of both
‘cut’ and ‘carat’ will, however, be backed by physical diamonds held by a third
party. It should make the coins “much less volatile compared to any other
cryptocurrency,” he said.
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Paper Diamond
Paper Diamond
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Jim Mathias
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Joined: Mon Jun 13, 2016 8:48 pm

Re: Jews To Create "Paper Diamonds"

Post by Jim Mathias » Fri Feb 01, 2019 12:37 am

Another fraudulent endeavor in the making! Or should I say "printing??"

My only question is, who will be the first Shylock to swindle someone using this sort of paper?
Activism materials available! ===> Contact me via PM to obtain quantities of the "Send Them Back", "NA Health Warning #1 +#2+#3" stickers, and any fliers listed in the Alliance website's flier webpage.

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