$MWG and $Pria are the first currencies to ensure the constant circulation of the supply while maintaining their deflationary nature. Foundational currencies that have no mechanisms to encourage circulation suffer from prolonged “depressions” that result in widespread poverty.

$MWG and $Pria force users to make at least 1 txn every 35 days to ensure circulation lest their tokens be sold or burned. To explain why this is necessary, I will refer to the problems seen by the gold standard in the early 1900s because it did not have enough elasticity.

The frequent bank panics and the great depression highlight the shortcomings of the gold standard. People hoarded gold instead of putting it in banks, which created a gold shortage, and resulted in a halt in circulation.

With no way to force circulation, the economy was left in a stand still which destroyed peoples livelihoods. The solution the government turned to in order to fix this issue was inflationary elasticity via. fiat currency.

However, this gives a great deal of control to central banks which can print money at will, making fiat prone to abuse, which also destroys livelihoods. $MWG fixes both of these issues by being value backed like the gold standard, elastic like fiat, and decentralized.

By having min. txn. requirements, $MWG ensures that in the event of a negative shock to the markets, the currency will never stop circulating. This means that the $MWG ecosystem will continue adding value via the gold reserve and token burns, which will speed up its recovery.

@elliotrades @SpencerKSchiff @ChainLinkGod @LordCatoshi @beincrypto

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