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Parent Post: China Said The Quiet Part Out Loud.
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In Reply To
rick
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4/5/2026, 2:52:26 PM
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As I said before I think the U.S. will integrate into the system at some level. There are vaults and there is auditing which I do not see a purpose in changing so I can not come up with a better way to audit. I think that the decision between two entities to do business or not will primarily be based on something other than auditing. Again nobody has to reinvent the wheel. The ecosystem may already exist.  As does the audit process. 
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hyokkim
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4/5/2026, 5:35:39 PM
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There is no audit, but audit in name only; the gold standard without the audit is doomed to fail. There is no transparency, no accountability. ''I think that the decision between two entities to do business or not will primarily be based on something other than auditing.'' That is not possible under gold standard without real audit, not fake audit. That is possible only under fiat money standard where nations can clearly see the products/serviced they demand.
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