The Starting Point
In order to understand the MMU thoroughly, we have to start at the very beginning – from the problem Anchor is trying to solve. If you look into our Whitepaper, you will see that our core target group is “everyone”. Let me elaborate on that.
Our core target audience, that “everyman” of ours is actually any individual, business, government, or entity that would benefit from the retention and appreciation of value over time, which is basically everyone who independently handles a certain amount of monetary resources. Any adult who would like to spend a certain part of those resources, and put the rest into savings that are guaranteed to maintain their purchasing power.
Considering the fact that this desired outcome is not perfectly available to everyone today, Anchor is trying to offer a solution to that problem. To create a currency that will not lose purchasing power over time.
Let’s Outline the Problems Anchor is Looking to Resolve
No fiat currency can adequately function as a stable store of value
Cryptocurrencies and stablecoins have addressed some of fiat issues, such as centralized control, but they failed to provide any semblance of stability.
The lack of a standard in the stablecoin market is causing chaos, so if the industry were to mature and drive mass adoption, we need a common, compliant standard for indexed stablecoins.
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