RATE Group | LISTEN: Pegging Cryptocurrency to the Global Economy Growth?
68132
post-template-default,single,single-post,postid-68132,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

LISTEN: Pegging Cryptocurrency to the Global Economy Growth?

10 Nov LISTEN: Pegging Cryptocurrency to the Global Economy Growth?

Posted at 02:09h in Cryptocurrency News by

[ad_1]

Key Highlights

  • There is a huge demand [for stablecoins] out there. When we look at the global economy, we’re suffering as a result of the US-China trade wars. The trade fluctuations this year have been defined by this growing tension between the US and China. Stablecoins are something that people inevitably will look at.
  • We’ve created a currency that is pegged to global economic growth, which has been growing for the last 30 and more years. And not only has it been constantly growing, but it is bypassing inflation, and it has a growth average of 0.4-0.5% for the last 30 years.
  • We created an index that’s very similar to the index of IMF. The only difference is the IMF created the index I think in the 1960s, and it’s not available to the world. It’s only available to a few member countries of the IMF. We created a similar index and we called the index the monetary measurement unit (MMU), which indicates and gives us, pretty much, a unit of measure [for money], just like any…

[ad_2]

Source link

Tags:
, , , , ,