@ampleforthorg
Deflationary assets make poor currencies.
When supply is fixed and demand grows, rational holders don't spend.
Why buy coffee today with something worth more tomorrow? HODL is just the logical response to deflation.
And when nobody spends, pricing breaks. Loans get risky. Contracts become a gamble.
AMPL solves this differently. Instead of fixing supply, it rebases daily.
When price drifts above or below its target, every wallet adjusts proportionally.
You always own the same % of the network.
Volatility moves from price to supply and contracts stay predictable.
That's what makes $AMPL usable as a unit of account.
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