The financial sector, like all other aspects of the business, did not escape the penetration of IT technologies. Such technologies not only accelerated all transactions but also made them relatively cheap and instant. If earlier payments were mainly carried out by banks and other relevant structures only in traditional currencies, recently bitcoin and others have taken the place of the universal currency similar cryptocurrencies.

Is cryptocurrency non-inflationary money?

The statement that cryptocurrency is non-inflationary money in the modern reality of economic relations is not viable, debatable, since their release (emission, production) is technically limited. Even gold, only partially limited — the rarity and complexity of mining — at a certain stage in the global circulation of goods, could not satisfy the payment function in a gigantic, constantly functioning circulation of goods. It was the global circulation of goods that “squeezed” gold onto the side of commodity exchange. In general trade, gold was not enough. It was necessary to introduce the concept of abstract universal exchange of goods, the exchange of goods in general, and as a result, introduce the concept of abstract money, money as exchanging goods, money in general.

The role of abstract money

The role of abstract money was quite suitable for electronic records in banks, as a reflection of the real activities of enterprises in their material production and in their distribution services of this material production in society. With the expansion of production, there is a need to add new money to circulation, and such a mechanism is available through credit when a commercial bank borrows from the central bank, and the central bank issues new money or vice versa withdraws money from circulation when it is necessary to balance finances.

Thus, after the expansion of our activities, new money appears, as a reflection of the specified expansion of production.

If money is limited in its mass, then anti-inflation of this money appears — a rise in price against the background of the cheapening of a single commodity. It is necessary to infinitely crush a unit of money, as it used to be necessary to crush an ounce of gold into smaller parts. All this required the abandonment of gold in money and agrees that money is all exchanging goods in the form of the equivalent of this exchange. Already, one bitcoin is inconvenient when buying a cup of coffee. In practice, you give one Bitcoin for coffee, and they return you the change of $ 11,998 or 11,998/12,000 Bitcoin.

An equally urgent issue is that with a limited amount of currency, it will certainly be accumulated by a limited number of people, as a means of accumulation, making it difficult for an already problematic circulation. Modern humanity has no problem that part of the money falls out of circulation in the form of treasures. The central bank will always add money to circulation through a loan to a commercial bank and withdraw it when, suddenly, the treasures move into commodity circulation. Therefore, the cryptocurrency must be “inflationary”, have the ability to expand indefinitely in order to satisfy modern humanity, and this contradicts the main postulate of any cryptocurrency.

MTCore

Our goal is to solve the main existing problems in the crypto market.

➭ MTCore markets technology for the crypto market, accessible to all users, even those who have never heard talk about this market;

➭ MTCore offers the possibility to participate in a movement that until now was only possible to the millionaires.

The concept of BIDERATION

The concept of BIDERATION is a process accessible to all which consists of the acquisition of MTCore through an algorithm. The process of distribution and acquisition of MTCore is done through a software available on the MTCore wallet and BIDs that will give access to currencies.

BIDERATION solutions

The focus is to replace:

The unsustainable by sustainable

Speculation by the real economy

The investment asset by utility

Manipulation by democracy

The Lobbies for equality

The liquidity of the currency comes from the BIDs sale, 80% of the value of the BIDs sale is the equivalent of the currency, divided into two parts, EUR and USD and Investments.

Currency counter value is proof of exchange rate

The counter value of MTCore is based on the currency pairs 50% of the world’s most traded and 50% of the world’s currency does not suffer in exchange rate.