Banks, love them or hate them, you use them, every day, every minute. Let’s go back a few hundred years, to a time when modern banking didn’t exist. Majority of the world transacted using the barter system, apart from the rich who used precious metals. All the people kept their precious metals with goldsmiths, as goldsmiths had huge, sturdy lockers where the precious metals were safe. The people depositing the precious metals, would get a receipt for the same. After a while, goldsmiths started noticing that very few of those people, actually came back for their gold.
People are smart, they thought “Oh hey, instead of withdrawing the gold, to pay Linda for the beer she sold to us, lets just give her the receipt for the gold and she can withdraw it whenever she wants to, until then it’ll be safe with the goldsmith.” Goldsmiths became the first modern banks in the world. Those receipts? That’s the Fait currency used by the world, the Dollar, Yen, Rupee etc.
AlloyCoin is doing the exact same thing within the cryptocurrency industry. The AlloyCoin (the receipt) is backed up by the Alloy Reserve (the gold). But wait, “isn’t USDT doing the same thing?” Well, yes, it is. The difference between the two, is the fundamental difference between traditional banking and modern banking. Traditional banking (USDT) is the secure store of value, period. Modern banking (AlloyCoin) is the secure store of value, with SUSTAINABLE GROWTH.
Due to the allocation of new AlloyCoins, to the current holders, as a mode of interest earned on the Alloy Reserve, AlloyCoin is truly one of the first, if not the first, modern Crypto-bank. You can store your value with it, you can transact with it and like another fundamental pillar of banking, iv been told they are considering venture capital or borrow/lend services. But that’s for the future, not as of now, so do not expect or demand it.
By my understanding, even though limited, AlloyCoin is on the path to create, not a company, but an empire. Its absolutely ridiculous, the scope at which these people think and work at. A brilliant, hardworking, interactive and large team of visionaries, all out together to solve the biggest problem in the half a trillion-dollar cryptocurrency industry. Watch out for these people and their empire, history is being made.
AlloyCoins website -
https://alloycoin.comAlloyCoins referral link-
https://alloycoin.com/bh/ae16eb58f7990a11960673ae409bd4b1
