About Hayek Money, Concurrent Private Currencies and Ampleforth

I published an article summarizing Ametrano’s idea of Hayek Money and illustrating why the AMPL token can be seen as a successfully operating Hayek Money.

I hope this article helps community members to better understand:

  • why the Ampleforth protocol does not eliminate volatility
  • why the broader crypto ecosystem should aim to provide many concurrent currencies
  • which ideas influenced the Ampleforth genesis team leading to the creation of AMPL
  • why only monetary policy is able to ensure price stability

Link to article: Ampleforth is Hayek Money