What is it? There are people in this picture Spot is a store of value that is inflation resistant. There are people in this picture Spot was created by the Ampleforth team to create a safer and more resilient financial system that doesn't rely on centralized custodians. There are people in this picture What distinguishes a spot from other assets? SPOT can be turned off and on. Spot does not react to the market. There is no reliance on the last resort of bailing out. Independent moneys don't have a backing state who can step in. There was no reliance on continual growth. SPOT is not subject to bank runs. Risk can be properly priced if it's transparent.