Altcoins News
By Steven Anderson
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Litecoin (LTC) the Sound Money To Be
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Sound Money is something that is not subject to sudden appreciation of depreciation. The purchasing power of the money is helped by several self-correcting mechanisms which…
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When looking at something called money, the Central Banks “Ostensibly” manipulate the money with a motivation to stabilize the goals for the economy of the particular country.
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There is sometimes a negative impact created by the control of the Central Banks between the money supply and the demand for money.
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The stability of the purchasing power of money at hand is affected. Sound money in reality is supposed to be authentic real wealth and not the purchasing power given by the…
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What is called money today is very far away from what sound money is really meant to be. There is a folly of lot of politicians and financial experts in the process.
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To make cryptocurrency work like sound money lot of work is to be done and this is why Charlie Lee, Creator of Litecoin in the past tweeted: “Fungibility is the only property of…
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Fungibility brings in mutual interchangeability. The important thing to note is that from the days of the barter system – mutual interchangeability was not 100% possible,…
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