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.
I'll admit I'm salty for not buying in 5 days ago but this is going to dump hard when people start selling and I have no idea why nobody is selling yet.
Brody Perez
I knew about this coin when it was 1M and I ignored it because I didn't understand it now it is 64M and I am panic buying!! MOTHERFUCKER.... even if I missed out on 64x I will still be mega mega rich in the future
Lincoln Mitchell
>t.buffoon
Alexander Taylor
A lot of anons still don't realize that having a stablecoin backed by nothing is infinitely better than a stablecoin backed by fiat. I bought 3 months ago after reading the white paper. AMPL is fiat perfected and it will stomp stablecoins into the dirt.
Owen Brown
you what that means do you? A trillion dollar valuation, or what about 10 trillion dollar market cap?
Austin Reed
I keep trying to convince myself it can't possibly happen but I think it will. I've been thinking non-stop about this coin for 3 months straight and not posting on Zig Forums because I wanted it to stay hidden. Cat's out of the bag now. All you anons better have a suicide stack at least.
Because you are salty and aren’t thinking clearly.
Kevin Cook
>All you anons better have a suicide stack at least. How much of the supply do you hold? How much for a suicide stack?
Jacob Davis
It will be worth several billion. It won’t replace ALL stable coin market because theirs still value in a stable coin. However you need liquidity especially for finance which seems to be the future of crypto. This will be used by everyone. Also by 2021 if you can hold that long with the bullrun this will be insane. The thing the salty poster doesn’t understand is even though so many of us are in profit we understand the long term value of this and don’t want to give % for a few bucks here.
