Topic: The future of bitcoin and independent money - page 2. (Read 1042 times)
the love story will continue... fiat still backs-up crypto in some ways
they are still interrelated as of now.. nothing much can be done unless all countries acknowledge bitcoin as a legal tender.
Very intriguing concept imo ever since I heard about them. I see lots of potential and even though they are not technically a stablecoin, they're generally lumped in with them. I like that they're backed by True Ventures and Pantera. Also, the team is stellar (all from Google and Uber)
I have to say that I do not have such knowledge as you have about who supports whom, because it seems to me that today this is a very intriguing situation that will seem very sad. In any case, today BTC is developing and will do it.you should look into ampleforth. good stuff. wish there was a video out there about them
yup very stealth project with not a lot of info out there about them. Hopefully they push out some content soon
So we all know bitcoin has a fixed supply. The store of value is there. However when it comes to trading and everyday transactions, we all know we can't use bitcoin sustainably. I've been really exploring stablecoins lately and I'm not really into fiat coins. I think they go against crypto period.
Has anyone looked into Ampleforth (formerly Fragments)? Instead of having a store of wealth, they'r every much like bitcoin where they focus on store of value, BUT they also included the unit of account. Essentially they maintain a price target and uses a protocol to inflate/deflate "amples" proportionally to the market change. So you will always have the same value in your wallet, but the quantity of "amples" can change
Thoughts on this??
Has anyone looked into Ampleforth (formerly Fragments)? Instead of having a store of wealth, they'r every much like bitcoin where they focus on store of value, BUT they also included the unit of account. Essentially they maintain a price target and uses a protocol to inflate/deflate "amples" proportionally to the market change. So you will always have the same value in your wallet, but the quantity of "amples" can change
Thoughts on this??
Bitcoin has prospects to be used as a full payment instrument in the future. But now this is far from the case. Whales are manipulating prices for this cryptocurrency. This makes it impossible to use Bitcoin as a full payment instrument.
That's right, if bitcoin continues to grow and can do that, it could become a money-maker, but that path is far away. I find it doesn't matter who holds Bitcoin, which direction is important in the future, I have not seen any signs of it
I do not think that there will be a coin that can compete with Bitcoin, even if it happens, it will not be very soon!
I don't think the future will be our society using just one coin. I think bitcoin is here to stay but more as a store of value. What we need for mass adoption is a coin that can be used everyday and fights volatility
crypto has a lot of contradictions and this makes me even more brave enough to understand that crypto has the potential to develop and have a good existence but because its existence threatens fiat or other systems, statements and strategies are made to cripple crypto. I remain optimistic that crypto will continue to grow and provide many benefits
I do not think that there will be a coin that can compete with Bitcoin, even if it happens, it will not be very soon!
I don't think the future will be our society using just one coin. I think bitcoin is here to stay but more as a store of value. What we need for mass adoption is a coin that can be used everyday and fights volatility
I do not think that there will be a coin that can compete with Bitcoin, even if it happens, it will not be very soon!
I don't think the future will be our society using just one coin. I think bitcoin is here to stay but more as a store of value. What we need for mass adoption is a coin that can be used everyday and fights volatility
I do not think that there will be a coin that can compete with Bitcoin, even if it happens, it will not be very soon!
The word Ampleforth is kind of new to me. But for Fragment, I have come across it before. From your analysis here, it seems to me that it is an altcoin which is based on Bitcoin model but instead of increasing in face value it increases in quantity as demand increases. It is a welcome idea. Let's see how far it will go.
yup. I like their concept too. it's based off of the character in george orwell's 1984. this is about the rename - https://www.cryptoninjas.net/2018/12/06/fragments-rebrands-to-ampleforth-and-introduces-non-collateralized-stablecoin/
The word Ampleforth is kind of new to me. But for Fragment, I have come across it before. From your analysis here, it seems to me that it is an altcoin which is based on Bitcoin model but instead of increasing in face value it increases in quantity as demand increases. It is a welcome idea. Let's see how far it will go.
did you guys see this? https://www.coindesk.com/the-true-crypto-alternative-to-government-money
It is until you lunch your coin o exchange before you can conclude I'd it is truly stable on not. Until a coin is exposed to trading, the act of buying and selling, which also translates to demand and supply, before you can make your conclusion.
I think what needs to happen is that we need to start reclassifying our currencies. For ex. fiat coins vs other stablecoins.
Looks like ampleforth is a exactly what you think it is: independent money
Looks like ampleforth is a exactly what you think it is: independent money
the future will be independent money, whether that's a stablecoin or not. I do have my sights set on ampleforth though
Very intriguing concept imo ever since I heard about them. I see lots of potential and even though they are not technically a stablecoin, they're generally lumped in with them. I like that they're backed by True Ventures and Pantera. Also, the team is stellar (all from Google and Uber)
I have to say that I do not have such knowledge as you have about who supports whom, because it seems to me that today this is a very intriguing situation that will seem very sad. In any case, today BTC is developing and will do it.you should look into ampleforth. good stuff. wish there was a video out there about them
yup very stealth project with not a lot of info out there about them. Hopefully they push out some content soon
Very intriguing concept imo ever since I heard about them. I see lots of potential and even though they are not technically a stablecoin, they're generally lumped in with them. I like that they're backed by True Ventures and Pantera. Also, the team is stellar (all from Google and Uber)
I have to say that I do not have such knowledge as you have about who supports whom, because it seems to me that today this is a very intriguing situation that will seem very sad. In any case, today BTC is developing and will do it.you should look into ampleforth. good stuff. wish there was a video out there about them
Very intriguing concept imo ever since I heard about them. I see lots of potential and even though they are not technically a stablecoin, they're generally lumped in with them. I like that they're backed by True Ventures and Pantera. Also, the team is stellar (all from Google and Uber)
I have to say that I do not have such knowledge as you have about who supports whom, because it seems to me that today this is a very intriguing situation that will seem very sad. In any case, today BTC is developing and will do it.
I think it's perfectly fine to differentiate between bitcoin and independent money. All of these can coexist and be meant for different functions.
ampleforth has a unique approach which solves both short and long term
ampleforth has a unique approach which solves both short and long term
I'm with this concept. and we have to manage our money/wealth independently. So, I think stablecoins are just a way to do it. But, IMOP, Stablecoins are not all created equal. I think, the best way to have less volatility and good ecosystem is by backing crypto-assets with precious metals, like Gold and Silver ..these have global stable prices. Gigzi is an ongoing project that uses this precious metals price backing concept and I think will help to make independent money/wealth management.
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