/biz/ - Business & Finance

Ok, Im going to try and explain the genius behind this coin for everyone. For one moment put down your preconceived notions and just read, think and understand.

1. Growing economies need inflation.
2. The US had to get off of the gold standard because its economy was growing at a rate a gold back dollar was no longer feasible.
3. Now the FED generates new capital and distills it to banks to lend out.

Lets look at crypto world.
1. The crypto world is still in its infancy but it is growing. It is a growing economy.
2. We have seen the implementation of stable coins because of their use, etc.
3. However there is a problem. The growing crypto economy is going to very very soon out grow the stable coins. WHY? Because they have to be backed.
4. The crypto economy is going to desperately need INFLATION very soon. However it currently CANNOT reliably create inflation since stable coins are backed.


Insert the genius of AMPL.
Because it works way back to $1 it provides some level stability of value without having to be backed by other assets. Its value is trust in the contract just like the USD is now. Trust in the US Gov.
Its supply can increase to create liquidity/inflation into the growing crypto economy.

Simply put AMPL = FED. However in this case unlike the FED which is privately owned AMPL is publicly owned and the "printing" goes to the owners instead of the bankers.