Proof of Right

On the future of stablecoins, DeFi, and cryptocurrencies.

On Quantitative Easing Pt. 2: The Tale of Ampleland

9 Mar 2021 12 minute read 9 comments 0xmattdonnelly

On Quantitative Easing Pt. 2: The Tale of Ampleland Modern currencies fall within two categories: either it must be inflationary with a rising supply or deflationary with a decreasing or hard capped supply. Both of these approaches have problems a...

On Quantitative Easing Pt. 1: A Response to Frances Coppola

3 Mar 2021 4 minute read 0 comments 0xmattdonnelly

In Frances Coppola's recent article on CoinDesk titled "Why Money Scarcity Means Someone Goes Hungry" explained why inflation is the solution to poor peoples' problems. Her argument follows as thus:A. Money is a store of valueB. Money is a medium of...