Okay, so you know that governments that print too much money reduce its value? That can cause huge problems for you as a citizen. Your savings can disappear overnight – or worse yet, erode over time so you don’t notice it until it’s too late. And some cryptocurrencies have tried to tackle these problems, but they’ve become so volatile, that you may be afraid to use them. But what if there were an effective solution?
Well, now there is! Introducing The Monetary Coin protocol-The cryptocurrency that combines Nobel Prize winning theory with blockchain technology. If your country reliably reports GDP and issues a national currency, it will soon have its own Monetary Coin.
Here is how it works:
The total number of Monetary Coins is limited in each county to about 1% of that country’s money, measured on the date of launch. Once the limit is reached you will only be able to mine as many coins as permitted by the percentage growth in the economy, multiplied by the coins outstanding. That’s the Nobel Prize winning part.
Owning coins creates mining power. If you set aside coins for mining, you earn a fixed rate, multiplied by your percentage of ownership in the network, and then multiplied again by the coins available for mining in that period. Got it? It means the more you own the more you can mine, and no special mining gear required.
The MonetaryCoin can satisfy know-your-customer rules for anti-money laundering. You can turn the feature on and show identity, or leave the feature off and remain anonymous. The so called "AML-KYC" data are not visible on the blockchain to any party other than the intended recipient.
All of that in a single blockchain protocol.
So what are you waiting for?
Join the initial distribution for the first two Monetary Coins today at www.monetarycoin.org
