Ampleforth (AMPL) is a cryptocurrency built with an elastic supply that expands and contracts depending on demand. According to its co-founder Evan Kuo, the team was trying to learn from the failures of the gold standard and Bitcoin (BTC) to create a more flexible monetary system. Investors hoard Bitcoin & gold Although many in the crypto space perceive the finite inelastic supply of Bitcoin and gold as a major advantage over fiat, Kuo disagrees: “The only problem with gold arises when you start to use it as a base money or building block as part of a financial infrastructure.” Since Kuo perceives Bitcoin as ... (full story)