# PMC Coin

PMC Coin **is a decentralized cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity you can buy, sell and exchange directly, without an intermediary like a bank** and thus removing the need for third-party involvement in financial transactions total supply is capped at 12million coins and no more will ever be minted leading to a scarce and appreciating in value asset.

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### &#x20;PMC demonstrates attributes for a currency,  its main source of value lies in its restricted supply and increasing demand. Supply is (capped at 12million)

* Currencies have value because they can function as a store of value and a unit of exchange. They also demonstrate attributes to enable their use in an economy.
* The definition of value in a currency has changed over centuries from physical attributes to the velocity of its use in an economy.
* The coin will be used as a currency / store of value with send and receive features&#x20;

## Can you turn **PMC** coin into cash?

The main avenue to convert PMC to cash and ultimately move it to a bank account, you can **use a third-party exchange broker**.
