With recent decrease of the different reserve currencies of the world dating from 1450 to date we could see how the world adopted different currencies as their reserve currency for trading and other means of exchange. From the Portuguese currency in 1400’s to date with the American dollars.
It’s evident that reserve currencies have an average life span of about 100 years, but the American dollar has almost spent up-to that, which is, it is in its elasping period. For that reason is at the state of down turn, the purchasing power of the American dollars is turning down daily, for instance you bought a commodity at the rate of $10 50 years ago you would need over $1000 dollars or above to purchase same commodity on recent times.
In this case that the purchasing power of Fiat currencies used as reserve currency are turning down on daily basis. A quick and better solution to curb this menace that is already causing alot of discomfort, pain and suffering all over the world, a new type of reserve currency should be adopted and this time should be digitalized.
CENTRAL BANK DIGITAL RESERVE CURRENCY (CBDRC). Is a platform that the founder of the Inksnation DAO foundation had considered in developing a Crypto currency called PINKOIN.
Pinkoin is the first world reserve currency designed to end poverty in any country within 9 months, because it was designed to be a Token that its value isn’t determined by Market rate but Birth and Death rate. It’s consensus algorithm is built as a Prove Of Love (POL) and Prove Of Artificial Intelligence (POAL).
Pinkoin has a platform that has been designed to pay civil servants effectively and efficiently and also place every citizen of any country under a Monthly Universal Child Basic Income (UCBI) payment, that can relieve any government that adapts Pinkoin and its Inksledger Financial System (ISF).
You can click on the link below to watch the Inksnation DAO foundation founder teachings on this IFS platforms.
https://www.instagram.com/tv/CJWr8cBlBVL/?igshid=1hblz595gxy7i
Or chat up a Pinkoin exchanger via whatsapp +2348106361319
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