Post on 24-Oct-2021
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In the opening slide: a physical representation of our digital token ARES.
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If a commodity [or an instrument] is available that assures all parties entering into a transaction that the same value is given up as is received, then such commodity [or instrument] could be readily adopted as unit of account. Previsibility becomes essential and in that sense stability is a sufficient condition. Contracts, be it for immediate or future delivery, can then be easily expressed if a unit of account is available. This combination of factors is what leads to the general acceptance of such commodity [or instrument] as a medium of exchange. In other words, the stage when it has the highest subjective probability of trade amongst all the economic goods available to society.
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1 Qualified investors can request a copy of our demand projections.
To know more about our initiative
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