GAUGECASH
  • GAUGECASH
  • GAUGECASH
    • About GAUGECASH
    • GAUGECASH wallet user guide on desktop
      • How to CREATE your GAUGECASH Wallet
      • How to RECEIVE GAU, Matic and USDT in your GAUGECASH Wallet
      • How to GET GAU with your credit card
      • How to SWAP GAU<>USDT and MATIC <> USDT
      • How to SEND GAU
      • How to IMPORT your GAUGECASH Wallet into any device
    • GAUGECASH Wallet App user guide
      • How to CREATE your GAUGECASH Wallet on mobile
      • How to SEND Matic or USDT from your exchange to your GAUGECASH Wallet App
      • How to RECEIVE USDT and MATIC in your GAUGECASH Wallet App
      • How to GET GAU with your credit card in your GAUGECASH Wallet App
      • How to SWAP GAU<>USDT and MATIC<>USDT in GAUGECASH Wallet App
      • How to SEND GAU
      • How to IMPORT your GAUGECASH Wallet into any mobile
  • GAUGEFIELD
    • About GAUGEFIELD
    • How to acquire GAUGEFIELD (GAUI) on desktop
      • How to BUY GAUGEFIELD (GAUI) with Metamask
      • How to BUY GAUI on desktop browser using the GAUGECASH Wallet
    • How to acquire GAUGEFIELD (GAUI) with GAUGECASH Wallet App
    • How to SEND GAUI to the GAUGECASH Wallet App
    • How to add GAUI to Metamask or any other wallet? (Desktop)
  • WHITEPAPER
    • GAUGECASH: a decentralized monetary system
      • 1. Introduction and context
      • 2. Stability of fiat currencies
      • 3. GAUGECASH
      • 4. GAUGECASH backing
      • 5. GAUGEFIELD
      • 6. Market
      • 7. Yield approximation
      • 8. Core values
      • References
  • YELLOWPAPER
    • GAUGECASH: a decentralized monetary system
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  1. WHITEPAPER
  2. GAUGECASH: a decentralized monetary system

4. GAUGECASH backing

Instead of going backward, we can use the ​blockchain asset class to create what is called in economics a “Hard Monetary System.”

Let us take the Bitcoin blockchain to give a flavor of what this could look like for a money market in equilibrium. The global GDP provided by the World Bank is in the ballpark of 90 Trillion USD by 2022. If you throw the GDP's total value into the Bitcoin Blockchain, its Market Cap will become 90 Trillion USD. One bitcoin will be worth 4.5 M USD and one Satoshi .45 USD cents.

Therefore bitcoin's volatility would end, and its only purpose would be the one that his creator proposed, "an electronic peer-to-peer cash system." The GAUGECASH/GAUGEFIELD equilibrium depends on different levels of market adoption over time. Still, it can be calculated very accurately once GAUGECASH service for trading goods or as a store of wealth starts to grow.*

*We can disclose the inner workings of these relationships to interested parties at our discretion. We don't regard it as necessary for the general public because of its mathematical and technical complexity.

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