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KRISHNINFLATION is simply black inflation. this is the second, and darker way in which the krishna coin operates. with the discussion on white inflation, you saw how threshold coin value appreciation is contained within the exchange, while inflation is passed along to the fiat. with the black variety, there is no waiting. therefore, these are releases that are not backed by any appreciation, let alone a reserve. it is our privilege as devotees in holding the leaves of mother tulsi dearer than gold itself, that positions us to quickly remediate persecution situations.

does this mean we will now have a coin offering pegged to the dirty iranian state, that – after killing away our ancestors, DOES not recognize the remainder of our existence? NO – there is always a smarter way. we can always place pressure on its partners to get our objectives in order. we have two of them listed on our exchange via their fiats. 

krishninflation, aka black inflation is for extreme use cases, such as when we do not have time on our hands. or when a statement needs to be made. such as, the day before ayatollah scorned Maharaj and the Domain, BOTH – in return for the latter’s help with trafficked Iranian students.

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why do we get to do krishninflation or black inflation, when other “stable coins” must maintain reserves, such as tether ofcourse and as bhakti exchange itself does with mahamantra for example? because we are not, NOT MAINTAINING, reserves. we are. our coins are smart enough to be pegged to stuff that extremists or missionaries should have no use for such as leaves, and dust, and the water in our rivers. pagan craft. we will always keep those reserves to back all our mint. however admittedly yes – Maharaj has included provisions for graded release of such reserves.
 
may krishna preserve our intellect, good senses and our resolve to struggle always
toyam पत्रं पुष्पं फलं तोयं यो मे भक्त्या प्रयच्छति तदहं भक्त्युपहृतमश्नामि प्रयतात्मन 26 (1)

it just so happens that we exchange a patricle of dust for Prabhupada, a conch full of Mother Ganga’s elixir, or for that matter a leaf that has fallen off of Mother Vrindavaneshwari – for a respective currency unit. it is our right and we shall continue to do so. just as a barrel of oil (which our exchange shall soon also issue stablecoins for). perhaps another first.

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