The Crypto Yogi

🚨 $VELO // MUST READ!! 🚨 Could $VELO be the "clearing house" for Bitcoin transactions in Thailand? 🇹🇭 Let's dive in: Back in March 2024, several articles (admittedly under the radar) were released on #VELO and interoperability, all of which highlighted an integration with the #Bitcoin lightning network through their Orbit platform 1. prnewswire.com/in/news-relea… 2. techdogs.com/tech-news/pr-ne… A little later that year, the MOF of Thailand 🇹🇭 announced a pilot project for $BTC transactions in Phuket. As we know, $BTC can be both timely and costly, so how could it be used for everyday payments and transactions? This is where $VELO tech may come into play 🎮 By deploying a lightning chain-node and a full BTC-node via Orbit, $VELO has the power to streamline #BTC transactions, making both deposits and withdrawals more cost efficient with faster settlement. The idea of these BTC transactions is to be able to convert BTC (satoshis) into Thai Baht so individuals can spend with digital assets instead of cash. Firstly, Orbit's 'Scan-and-Go' model for P2P payments, combined with VELO's broader Web3+ ecosystem, supports seamless asset transfers, including fiat on/off ramps (via Nova Chain). Secondly, the overall infrastructure allows users to transfer #Bitcoin (via Lightning Network for speed and low fees) and convert it to Thai Baht through VELO's trusted partners or settlement networks (Lightnet), which connects to traditional financial systems and rails. As an example, a user could send #Bitcoin to a #VELO wallet (Universe $BTC UI?) and use the ecosystem to bridge to a fiat-compatible partner, then withdraw the Thai Baht to a local bank account. This integration paves the way for $VELO to potentially act as the ultimate settlement layer for $BTC transactions. This. Would. Be. Huge. 🤯

🔥 $VELO MUST READ! 🔥 The Lightnet connections into Hong Kong and China are mindblowing 😱 China > FISCO > WeBank > Thailand > SCBX > SCB > Lightnet Hong Kong > WeLab > SCBX > SCB > Lightnet (VELO) > Thailand WeBank of Hong Kong (founded by TenCent and other Chinese companies) recently launched project "POTOS" that operates on Chinas blockchain infrastructure (FISCO) to strengthen Hong Kong's Web3 ecosystem and future. The first phase of project POTOS includes a blockchain based framework to bridge "asset classes" and support cross chain "protocols" for atomic swaps for scalable digital transactions. We know a good protocol or two with some links here.. (just saying).. Another aim of this blockchain initiative is to focus on RWA tokenization in Hong Kong, something we know $VELO is already big on in Thailand. (bridging asset classes really caught my eye on this front) 🔗 The links 🔗 WeLab : Residence > Hong Kong. WeBank : Residence > Hong Kong. Thailand 🇹🇭 > Hong Kong 🇭🇰: WeLab = Lightnet partner. Together, they have applied for a virtual banking license in Thailand. If accepted, this would allow both Lightnet and WeLab the exposure and reach into their respected networks and digital presence. Thailand 🇹🇭 > China 🇨🇳: In January 2025, WeBank announced strategic expansion to bolster its WEB3 presence. SCBX of Thailand was an expansion partner. SCBX has many subsidiaries, such as SCB and SCB10X. SCBX's primary subsidiary = SCB. SCB, SCB10x (SCBX investment arm), Lightnet, and Fireblocks = Stablecoin project that has exited Thailands digital Sandbox for remittances and cross-border transactions. Seems like a little corridor via $VELO and Lightnet into China and Hong Kong that could have some huge impact ~ #NFA 👁

OH BOY 😱 ITS HAPPENING! 🚨 ...The Financial Revolution... Saville Row seems to have hit the nail on the head once again 👀 China rails! BRICS? mBridge? This is important for $VELO 👇 China has fully-launched their RMB Digital Cross-Border Payment Network 🇨🇳 De-dollarization efforts are in full effect. The age of dollar dominance is under threat The system has integrated into initiatives like "mBridge" and "Belt and Road," creating a "Digital Silk Road" Saville quoted: "Wealth is created by a few that see the road ahead before the road is built." Did he mean the Digital Silk Road of China? BRICS? The project spans over 200 countries, amassing 38% of global trade volume and connects to the 10 ASEAN plus 6 Middle-Eastern countries, handling $1.2T in settlements The settlement system runs on a "blockchain bridge" and is designed to destabilise SWIFT's network efforts with settlement in 7 seconds Thailand has already included the Digital Yuan into their foreign exchange reserves whilst testing pilot programs within the network for goods and commodities to reduce overall SWIFT dominance Let's not forget, recently, PromptPay also integrated with China's UnionPay for QR code payments between Thailand and China. The global battle for digital currency dominance has commenced.