Have you seen our White Paper? If not — now is a great time to give it a look, especially at the section titled “Backing up the GAUGECASH” where you’ll find a very interesting example!
The global GDP given by the World Bank is in the ballpark of 90 Trillion USD in 2020. If you throw the GDP’s total value into the Bitcoin Blockchain, its Market Cap will become 90 Trillion USD. One bitcoin will be worth 4.5 M USD and one Satoshi .45 USD cents.
Therefore bitcoin’s volatility would end, and it’s only purpose would be the one that its creator proposed, “an electronic peer-to-peer cash system.
After understanding the technology behind bitcoin, the world has unleashed a series of projects never possible before. In 2015, Ethereum became the first decentralized computer. In 2019, Libra, Facebook’s blockchain, and stable Coin projects were released. A competitive market is on the rise with new currencies, new blockchains, new Dapps.
Still, the world hasn’t seen the best stable coin using blockchain’s best tech available, backed up by the “blockchain asset class” itself… The GAUGECASH protocol will make it happen.
