Backed by the Diamond Foundation and an array of price stability mechanisms and professional services, long term valuable digital currency DMD’s team believes in the potential of cryptocurrency for wealth creation worldwide. DMD recently celebrated its second birthday.
The digital currency industry – while met with controversy in both the governmental and financial sector – has grown rapidly since Bitcoin was first created by Satoshi Nakamoto. Unlike fiat money cryptocurrency is not produced by banks and controlled by governments. It is cheap to transfer and can be protected against inflation. Cryptocurrencies may invoke a paradigm shift to the people’s advantage, especially in countries with restricted finances, as well as to aid the millions of unbanked worldwide.
Cryptocurrencies have two ways of controlling how many coins should exist; ‘Proof-of-Work’, and