Webtel.mobi publishes a detailed article on why the US Dollar is now no longer under threat as World Reserve Currency, nor a consideration for World Monetary Reform, Industry News

Webtel.mobi publishes a detailed article on why the US Dollar is now no longer under threat as World Reserve Forex, nor a consideration for World Monetary Reform GlobeNewswire March 28, 2024

NEW YORK and LONDON, March 28, 2024 (GLOBE NEWSWIRE) —

World Telephony Provider Webtel.mobi has published a detailed article describing the accurate pain and solution for achieving Global Financial Reform, required to end the unusual “Boom and Bust” cycles.

Additionally, a public version of the article follows below

Hypothesis about the potential end of the US Dollar’s reign as the world’s reserve currency – or the necessity of such an end – are both misplaced, according to the World Telecommunications Company Webtel.mobi. This is, it says, because it is no longer a World Currency (any one of them) that creates global imbalances, weighted advantages, or potential reform options. It is, in fact, the World System over which all currencies are transacted that creates all global imbalances, weighted advantages, or potential reform options.

The fresh World Intention is rather younger. It came into being after the stay of World Struggle Two, and became as soon as offered to the enviornment (or imposed on the enviornment – reckoning on level of view) by the major victorious energy of that battle. As such, it’s now no longer merely the geographic unit denominations (i.e. currencies) at some level of the World Intention that carry out imbalances or weighted advantages.

These outcomes are unilaterally determined by the participants and entities up to the designation of the World System – the owners/controllers of which unilaterally determine the level of desire or aversion / advantages or disadvantages of any particular geographic forms of exchange (currencies), or other System Rules that are (also unilaterally) applied or altered. Through these decisions, so-called Reserve Currencies, Illiquid Currencies, Exchange Rates, Forex Flows, Forex Trade and all other aspects of the World Financial and Monetary System are determined.

Since the provision/imposition of this System on the environment after WW2, the System has been unilaterally used to permanently favor the owners and their allies/satellites, and disfavor all others. This bias is – and will be – impossible to change without reform of the World Monetary System.

The World Monetary System functions like a railway network, with:

• A Network Owner (i.e. major financial entities),

• A System of Railway Tracks on which all Carriages (i.e. Nationwide Systems and Currencies) must run, with Centralized Indicators Monitoring and recording (i.e. SWIFT – and Fedwire, IBAN, CHIPS and many others, all of which connect to SWIFT – and over which all funds / transactions must flow, and which inform all connected parties of / record all transactions),

• Licensors for the several subdivided Native Railway Line Network Operators, with Centralized Ticket Volume, Worth/Pricing and Issuing Planning and Terms oversight (i.e. the Management Crew representing the Network Owners, that authorize and support oversight of Nationwide / Regional Currencies’ flow, volume and payment for the World Monetary System – being the Basel Committee and Basel Consultative Group as directed by their GHOS Committee),

• Subdivided Native Railway Line Network Operators that attain Ticket Gross sales and Distribution for their piece of subdivided Network (i.e. Nation / Forex), and offer the Railway Carriages on their Subdivided piece of Railway Network (i.e. the Commercial Banks in international locations that carry out “retail money” by issuing credit ranking – which most folks regard as “money” – and by providing retail banking companies, basically in expose to present / distribute this credit ranking),

• Centrally-organized Network Logistics, Repairs and Relief Services and products (i.e. the CLS Neighborhood, TCH, CME, LCH, CHIPSand other identical entities, that provide total RTGS, FX Conversion, Liquidity, Processing, Clearing and other make stronger companies to your total community),

• Subdivided Native Network Logistics, Repairs and Relief Services and products (i.e. de-facto white-label middleman entities – from first to tenth middleman stage), that provide local access to the local and/or user versions of the Centrally-organized Network Logistics, Repairs and Relief Services and products (i.e. a good deal of national FX Conversion entities, Payment Services entitiesPayment Card entities and related companies – all of which are in fact white-label intermediaries for the major entities, as are over 95% of all entities within the Financial Sector worldwide).

Despite having many sub-components, this methodology is an entirely closed system, in which each and every component is controlled by its Owners. Therefore, despite the fact that the Subdivided Native Railway Network Operators may appear to have A or B advantages over one another (and despite the fact that one’s pricing – or currency value / strength – may appear to be, or be, better than another’s), this is all due to the structuring of the Owners of the entire Railway Network System. Moreover, this – as can every other component of the System – can be altered at the Owners’ discretion. This is because, regardless of any currency’s or currencies’ rise or fall – or any other variation between Native Networks (i.e. Countries or Currencies), the true Owners and the key Major Participant Network Provider Suppliers will continue to generate exactly the same revenue and profits, because they buy and sell all currencies, commodities and instruments and therefore earn the same margins, always, regardless of the financial / currency / economic conditions, strengths or weaknesses of any economic cycle, in any country or countries.

In this total system, the numerous currencies are identical only to the assorted ticket forms that the Subdivided Native Railway Network Operators are allowed (by the Network’s Owners) to use. Furthermore, the currencies’ (tickets’) varying values / strengths / advantages / disadvantages are fully dependent on the desires of the total Network’s Owners, as thereafter utilized by their Management Crew (overseen by GHOS), with other factors playing only a rather minor role.

As such, substituting one currency (ticket) for another would have absolutely no reform or balancing effect on the total current System at all, and it never would. It would be like deciding to ride on one Native Network’s specific carriage or buy one Native Network’s specific ticket instead of another. It is continuously pointless and futile to do so in respect of Network Reform issues. Rather, if one wants to accomplish reform, one wants to first reform the entire System – not merely a (small and inappropriate) part thereof, just like one currency.

Nonetheless, simply attempting to reform the System by creating yet another System per the same structures, processes and ingredients also has no likelihood of success. It is because, just as an existing Railway Network already has all of its railway tracks and other infrastructure in place – with actually no room for a duplicate to be constructed next to it – to copy it would require building a duplicate Railway Network with Stations on a strengthened elevated metal and concrete platform above it for its entire size. These enormous construction requirements and costs would be replicated in any attempt to reconstruct any aspects of the current World Monetary System in its current structure. Not only would the costs of this be prohibitive (or must be passed onto users / customers), this process would potentially also cause service disruptions and consequent chaos for the current users of the System.

Better, as an illustration, would be lawful to make a Centrally Managed high-trail solar-powered monorail, raised on a mono-platform using contemporary, more considerable and exponentially more payment-efficient materials, alongside a fresh Network Route. Not finest would this be payment-doable, it would be ready to scoot to now no longer lawful the total Cities that the Present Network covered, and likewise all of the fresh Towns and Villages that the Extinct Network’s usual feeble route now missed (and offer many more, and more indispensable, on-board companies). AI-Assisted and streamlined Centralized Management of all facets would render your total Unique Network design more efficient, more fast, and safer than the Extinct one. It is miles because Centralized AI-curated Maintain an eye on of all processes would permit removing of the 95% of intermediaries that are now no longer vital for operations or users / customers. This would due to this truth decrease Intention working fees and passenger fees exponentially.

By doing this, one employs a specific approach, yet achieves the same (or a better) outcome that benefits all parties. This is similar in some ways to what Uber did when transforming urban transportation—such as lowering costs, increasing accessibility and service reliability, improving service quality, using environmentally friendly vehicles, and democratizing a truly essential service. It would also allow for the addition of several extra layers of significant safety.

There might be certainly be no level in replicating all of or section of the Extinct Intention by simply applying the same worn methodologies, structures or processes. That is because to accomplish so would result merely in replicating a variation of the Extinct Intention’s same worn, out of date and monopolistic system, and these are hopelessly out of date because they trail off a combination of (the identical of) 19^th and 20^th Century Railway Tracks and Signal Systems. True replication – within the same structure – of the Extinct Intention would require applying these out of date methodologies, structures and processes, because the opposite ingredients of the Intention (i.e. the Supporting Entities) – in their entirety – are also structured to characteristic off and from these worn 19^th and 20^th Century infrastructural pillars, in expose so that you can suit in and characteristic with the (fresh) Extinct Intention.

To this point, however, efforts to reform the Extinct Intention have focused on forms of replication based on its current structures and processes. Nevertheless, when confronted with the reality of the exponential cost and logistical challenges required merely to replicate aspects of something that already exists, the realization sets in that these are insurmountable barriers, and stagnation and paralysis regarding reform result and persist. Consequently, the so-called ‘new’ or ‘modern’ aspects of the Extinct Intention that could be, and are, periodically rolled out are merely superficial and/or cosmetic ‘innovations’. These superficial and cosmetic ‘innovations’, for the most part, consist of simply adding new-looking railroad carriages to outdated tracks, or modernizing the interiors of old carriages so that one can access Wi-Fi while traveling. Although these are superficial cosmetic changes, they cannot and do not modernize or strengthen the Extinct Intention (and its corresponding severe barriers, very high costs, very slow speeds, and most critical security risks; or risks of abuse).

Consequently, if one desires to try to lift about any style of balancing of the sizzling imbalanced World Monetary Intention – be this in appreciate of the inevitable, unusual “Enhance to Bust” financial cycles precipitated (and, certainly, required) by the sizzling Intention’s structure, or unusual inevitable bouts of Inflation, Deflation, Forex Depreciations, Forex Imbalances, or one thing else (with their associated consequences of periodic tidy-scale unemployment, deindustrialization, lack of commercial prosperity, and heaps others), the requirements are as follows:

• To Reform your total World Monetary Intention
• By making a Unique Intention, using fit-for-aim 21^st century structures and processes,
• By an entity applying 21^st Century capacities and capabilities – ideally alongside with AI-curated processes integration,
• In an economical design, to make it possible and to avoid passing on creation fees to users or customers,
• That provides safer, faster and exponentially cheaper (or free) services to users or customers,
• By eliminating the 95% of Intermediaries that are non-vital for accessibility, functionality and security,
• And enforcing design more stringent AI-curated Security and Controls to beef up user safety and security,
• Initially established functioning simultaneously with the Extinct Intention, to permit a neat voluntary transition to the Unique Intention,
• Structured to not conflict with the Extinct Intention during the transition, to avoid causing chaos for users / customers,
• And to first have it tested globally in operations – for not less than a decade – to be certain it is accurate and fit for purpose.

Webtel.mobi has accomplished this, and accomplished all of the above targets and goals. It has brought about the accurate, perfect and completely operational model – despite the incontrovertible truth that mighty improved, design more efficient and design more extensive-reaching because of the capacities of 21^st Century AI-driven capabilities – of John Maynard Keynes’ “Global Clearing Union”, alongside with its “Banking” World Unit of Alternate; in an already-functioning and operational Unique World Financial Intention.

The use of a combination of traditional industry practices and financial structuring and tips – coupled with what are recognized as Radically Transformative AI (RTAI) ingredients – the Webtel.mobi Intention has accomplished and surpassed all of the above benchmarks and requirements, and more. Moreover, none of this entails or comprises any aspirations, or future-based hope or hypothesis. It comprises, rather, already-existing, tested, due diligenced, proven and fully operational truth, worldwide, which is furthermore available in over 100 languages to facilitate full world accessibility and use.

The Webtel.mobi Intention has been tested in discreet, however full, World Operations for over a decade, during which it has passed through 60+ rigorous external reviews and due diligences – some of which lasted several years – by global corporations of Attorneys and IT Experts, Leading Macroeconomic Research Entities, Leading Macroeconomists, Multidisciplinary Consulting firms and other Sector-Leading entities worldwide. It has also been authoritatively commented on by world-leading consultants in these fields, after their comprehensive reviews of the Intention in its entirety.

Its “Bancor”-identical World Unit of Fable (the “TUV”), furthermore achieves and surpasses all requirements insofar as establishing parity amongst currencies internationally and making a balancing produce amongst currencies and economies – and without interfering with any States’ or Monetary Authorities’ authority, sovereignty or policy, or creating any possible destabilization.

All of this was, however, only made possible by building a Unique Intention first and only thereafter structuring the World Unit of Fable (i.e. what is being sought by means of replacing the US Dollar as the World Reserve Currency) thereafter – not vice versa. This is the essential – and only possible – sequence.

Webtel.mobi has furthermore accomplished this from within the Telecommunications Sector – not the Financial Services Sector. All of Webtel.mobi’s products and services stem from, and are based on, a World Telecommunications Intention basis.

This too is merely a continuation of pure progression. All phases of innovation at some level of the World Monetary Intention have always been basically Conversation / Telecommunication-based. From hand-delivered financial couriers, to stagecoach financial couriers, to horseback financial couriers, to financial Telegraph Communications (for “Telegraphic Transfers”), to SWIFT’s Monetary Telecommunications (SWIFT is also a Telecommunications Sector entity) – the ideal design that such systems can and do function is by means of efficient Communications / Telecommunications. Monetary Services entities are, in comparison, merely the worker-bees, that perform the subordinate logistical support functions connected to Monetary Communications / Telecommunications.

The effects of Webtel.mobi’s 10+ years of discreet – however completely operational – world discovering out and proving furthermore resulted in it deciding to pre-emptively rebuild its total Intention’s Platform (from its Platform 1 to its enhanced Platform 2) sooner than its initiation of Unrestricted World Operations. This became as soon as accomplished to consist of non-vital however Most interesting Practice / Particular person-Friendly facets, identified as doable-to-notice at some level of its world operations. This became as soon as accomplished to guarantee that the Webtel.mobi Intention will now no longer need extra upgrades or modifications in expose to stay the World Chief on this field for now no longer lower than the following 50 years.

It is for this reason that Webtel.mobi has already received requests for internships and/or guidance and feedback from Central Banks and other Top-Tier global Financial Entities worldwide, regarding their learning from Webtel.mobi’s experience.

Currently, Webtel.mobi is—having completed the upgrade of its enhanced Platform 2—preparing for the resumption of unrestricted World Operations at the start of Q3 2024, while simultaneously maintaining discussions with some States that have indicated their possible interest in adopting the Intention.

As such, forthcoming reform of the World Monetary Intention is at hand, however now no longer by design of the replacement of finest one FIAT Forex with yet every other, that is also merely a section of the same total Intention. Somewhat, it’s a long way by design of the world provision of an absolutely fresh, 21^st Century and fit-for-aim corpulent World Monetary Intention, that now no longer finest replicates, in a decrease-payment, more fast and more accurate design, all facets and ingredients of the sizzling World Monetary Intention, however, furthermore, surpasses them.

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Cut Lambert: [email protected]

Photographs accompanying this announcement are available at:
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