How to Prosper From Inflation -VAULT Cryptocurrency Blockchain News #35

Investopedia defines inflation as:
“Inflation is the decline of purchasing power of a given currency over time. A quantitative estimate of the rate at which the decline in purchasing power occurs can be reflected in the increase of an average price level of a basket of selected goods and services in an economy over some period of time. The rise in the general level of prices, often expressed as a percentage, means that a unit of currency effectively buys less than it did in prior periods.”

The tweets below summarize this principle in terms of the purchasing power of the fiat dollar.

Inflation has become a problem for countries all around the world as fuel prices have increased, supply chains have ground to a halt and COVID restrictions have negatively impacted businesses.

Can inflation ever be good? Individuals who hold tangible assets that are priced in currency, like property, gold, stock commodities or cryptocurrencies, may like to see some inflation. Inflation raises the price of their assets, which they can then sell at a higher rate.

If these assets themselves are inflationary, then there is great potential for massive profits. Bitcoin has an inflation rate of 1.77%. This means that each year, the supply grows by 1.77%. If you have a mining farm, you could potentially profit from the increasing supply. If you invest in a proof of stake or a masternode cryptocurrency, then you can benefit from the coin’s inflation without investing in mining equipment.

VAULT has current inflation of ~23%. The price of VAULT is tied to Bitcoin with its Minimum Guaranteed Price feature. So as the purchasing power of Bitcoin increases against the dollar, holders of VAULT coin on VAULT platform get that benefit plus they are growing their bags by an extra ~23%.

VAULT Crypto News This Week

PGO updated to v3.2.0, all masternodes restarted https://my.vault.investments/coins/pgo/

Low Rewards on Pengolin (PGO)

We noticed that PGO rewards were low for the past 24 hours and 95% down on the last cycle.

This was reported to @CryptoVin [PGO] and their dev team and we have been informed that they have now resolved the issue.

There could be another lower than normal rewards distribution and then it should go back to normal.

This was related to PGO blockchain delivering low rewards and unrelated to any issues from VAULT platform.
Thanks

VAULT Coin’s Market Performance This Week

We finished out the week at $5.03, which is down from last week’s price of $5.44. We had a high of $5.51 on Sunday, and our low for the week was $4.90 on Friday.

We saw an average of $2,016.94 traded daily. This maintains us above the $2,000 daily level and is well above last week’s number of $1,549.89.

VAULT coin trades on SouthXchange and Hype Coin Exchange and we continue to see a majority of trading occurring on SouthXchange.

The Minimum Guaranteed Price buy wall of 800 VAULT at 10,500 Satoshi was maintained on SouthXchange.

VAULT’s current price average across all exchanges is 10,698 Satoshi (0.00010698 BTC).

In addition to the platform, products, use and demand, VAULT continues to benefit greatly from being tied to and backed by Bitcoin. This week we saw a mild dip of 0.9% in the Bitcoin price.

Bitcoin (BTC) Update

If you ask your favorite boomer what the best hedge against inflation is, then you will most likely hear gold and silver. If you ask the same question to a millennial, then they will most likely respond with Bitcoin or Ethereum.

Bitcoin and other cryptocurrencies have seen growth recently, partly because they are quickly becoming a favored hedge against growing inflation.

Inflation is essentially a tax on your income. You lose the purchasing power, and you lose the ability to buy the same amount of goods you did last year.

The lesson today is to be careful with your investments. The current inflation rate in the United States is 6.8%. If you are making 5% on your investments, then you are losing money. It’s wise to invest in things that earn more than the rate of inflation so that your portfolio will continue to grow.

Cryptocurrency News This Week

PARAGUAY TO REGULATE

MERCHANTS CAN MINT NFTS

REDDIT GOES PUBLIC

FED LEAVES RATES ALONE

BILLIONAIRES SHOULD PAY MORE

WHO WANTS A NFT INDEX FUND

83% OF MILLENNIAL MILLIONAIRES OWN CRYPTO

IMF WON’T BAN CRYPTO

DID YOU GET YOUR MELANIA NFT?

IS YOUR DOG SICK?

PAY ME IN BITCOIN SUCKER

VAULT Crypto Portfolio Tracker

I wanted to give you a running tally of what you could potentially be earning with VAULT. The example I’m using holds 1,000 VAULT, with 0.1 BTC invested in the BTC% program (check it out here).

I wanted to show you what kind of returns you could be earning weekly and cumulatively.

1,000 VAULT initial investment with current value of 1,173.18 VAULT at ~23% ROI generated 5.18 VAULT blockchain rewards this week, for a total of 1,178.18 VAULT over the past 36 weeks if you compounded your daily rewards with 100% reinvest on the VAULT platform. The total dollar value earned is $896.25 at VAULT’s current price of $5.03 (0.00010698 BTC). The total Bitcoin value earned at VAULT’s current price is 0.01904 BTC.

Placing 0.1 BTC in the BTC% program earns 11% APR, providing a weekly return of 0.00021089 BTC. Over the last 36 weeks, this would be worth 0.00759 BTC with a current value of $355.

The current total value of your potential returns over the past 36 weeks would be $1,251.50 or 0.02663 BTC.

We Are Here to Help You DYOR (Do Your Own Research)

I hope this update on how to prosper from inflation and the latest cryptocurrency and blockchain news has been helpful.

Consider investing the VAULT way and enjoy a seamless crypto experience!

VAULTility: https://vaultility.vault.investments/

VAULT Platform: https://my.vault.investments/dashboard/

Lifetime Affiliates: https://affiliates.vault.investments/

VAULT Discord: https://discord.gg/BEDSGCs

VAULT Twitter: https://twitter.com/VaultInvest

VAULT Telegram: https://t.me/vaultinvestments

Forever Innovating: https://vault.freshdesk.com/support/solutions

This is not financial advice. VAULT Investments provides a service to its clients and is not responsible for projects listed or featured in its platform or ecosystem. The views and opinions in this update are my views alone and are not necessarily those of VAULT investments or its administration. Users should always DYOR. Invest at your own risk.

About the Author:

My Discord handle is Bobtilladhun.

I’m a long-term crypto investor. I bought my first Bitcoin in 2016 for $700. I sold 1/2 my BTC when the price doubled to satisfy my wife that I wasn’t going to lose all our money and made my initial investment back. Since that time, I have used my remaining Bitcoin stack to HODL and invest in interesting projects. I am a founding investor in VAULT and have accumulated a significant number of VAULT coins through holding my coins in CRYO and taking advantage of the compounding interest VAULT provides.

I was asked by Ian and the VAULT team to provide a weekly update on VAULT’s performance and current issues in cryptocurrency.

I hope these updates provide you with a quick overview of what is happening with VAULT and in the world of cryptocurrency.

Please contact me on Discord if you have any comments or suggestions.

Bobtilladhun#8522

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