[ANN] IHC - Inflation Hedging Coin | $10 Million Within 30 Seconds [ANN]
by
Mikelius
on 04/10/2021, 08:31:41 UTC
The World of Decentralized Finance is at a Crossroads.
Retain Purchasing Power Hedge more effectively against inflation with a groundbreaking new token based BinanceSmartChain and Ethereum.
Inflation Hedging Coin (IHC) is not another speculative cryptocurrency without any solutions or backing. IHC burns itself from its total market capitalization annually at the US inflation rate to store value — and will continue to do so until its total market capitalization is equal to the number of tokens the total number of token holders hold. (Store of Value Concept)
IHC will incur a high transaction fee of 5%. Fees will accumulate and get redistributed to all token holders regularly, excluding the founders and their team. The high transaction fee incentivizes the token holders to save their tokens instead of trading them, bringing price stability in this volatile space of crypto-currency.
Through our on-chain wallet application, IHC token holders will receive financial services, such as lending and yield-farming their tokens.
IHC ON-CHAIN WALLET COMING SOON The IHC native wallet app integrates with your favorite decentralized exchange to enable:
•SWAPPING Make conversions between cryptocurrencies without an intermediary!
•YIELD - FARMING Use smart contract-powered technology to generate capital in the way established lenders do and cut out the middle-man!
Inflation is the perpetual rise in the prices of consumer goods and services over time. As these prices surge higher, the total amount of goods and services purchased with a single dollar decreases. Inflation is not a new trend or phenomenon - $1 in 1913 is equivalent in purchasing power to about $27.58 today.
What’s pertinent today is the Fed’s exuberant money-printing, or quantitative easing (QE) drive, to increase the liquidity of US banks in the face of the COVID-19 pandemic. By the summer of 2020, the Fed was purchasing $80 billion a month in Treasuries and $40 billion in mortgage-backed securities (MBS). As a result, the Fed’s balance sheet now stands at over $8 trillion!
OUR POSITIONING ON INFLATION HEDGING COIN
Market Positioning IHC is a rebel coin. A rebel is an archetype that fights against inequality and injustice. IHC keeps big money, government, federal banks in check to ensure equal opportunities for the regular Joes and Joys (a touch of the Caregiver: IHC looks to empower the powerless)
Today, we no longer have to be captives of fiat currency and central banks. Our money is truly ours now, no longer at the mercy of controlled interest rates, bank commissions, and most importantly, at the mercy of inflation. In essence, our question is why your money should become less valuable over time. The way fine wine ages, why shouldn’t the value of our money increase over time? IHC is the answer to this question.
Audience Positioning IHC is not a rebel without a cause. IHC is an activist rebel. IHC believes in the power of the people to affect change on a fundamental level. In that sense, IHC is not a lone rebel.
ΔLEADERSHIP • Expertise • Experience • Trust
ΔTRANSPARENCY • Technology • Dev. team • Blockchain
ΔVALUE • Liberty • Store of Value • Creation of Security
ΔCOMMUNITY • Sense of Connectivity • Equality & Equity • Diversity
Booming demand caused by the US economy reopening after the Covid-19 shutdown is expected to push up consumer prices even further in the near future. Consumer Price Index in the past 12 months ended in July 2020 remained at 5.4%, a 20 year high.
Many economists and analysts forecast even higher inflation rates caused by the non-stop asset purchases by the central bank. As quantitative easing ballooned the Fed's balance sheet, bank excess reserves have plunged sharply downward, making hyper-inflation a real possibility.