yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

The Ideal Digital Coin?


less than 1m read
·Nov 8, 2024

If you want a digital currency, you have to deal with something different. I don't think that the stable coins are good, uh, uh, because then you're getting a fiat currency again. I think that what you really would, what would be best, is an inflation-linked, um, coin.

Right? In other words, something where basically you would say, okay, this is going to give me buying power. Because every individual wants—what do they want? They want to secure their buying power.

If you want to save now, if you put it in Bitcoin, it goes like this—who knows what happens? If you put it into something, the closest thing to that is an inflation index bond and so on.

But if you created a coin that says, okay, this is buying power, then I know I could save in and put my money, and over a period of time, and then I can transact anywhere. I think that that would be a good coin.

So, I think you're going to see probably the development of coins that you haven't seen that probably will end up being attractive, viable coins. I don't think Bitcoin is it.

More Articles

View All
Ask Sal Anything! Homeroom - Thursday August 27
Hi everyone, Sal here from Khan Academy. Welcome to the Homeroom live stream! Today, we’re going to be doing an ask me anything about anything. So, if you have your questions, start to put them in the message boards underneath this video on Facebook or Y…
What Is The Earth Worth?
Hey, Vsauce. Michael here. Earth only contains 1066 people. Earth, Texas. The only place on Earth officially named Earth. There are at least two places named Moon, but the Earth only has one astronomical Moon. Or does it? From September 2006 to June 2007,…
It Started: Housing Prices Are Collapsing
What’s up guys? It’s Graham here. So, we’ve got some bad news for the housing market, and unfortunately, it’s expected to get a lot worse. That’s because a new report just found that nearly 10 percent of homes purchased in the last nine months are now ups…
Fractions in context
In this video, we’re going to think about how fractions can be used to represent things in the real world. So, here we’re told that on the sharks dive team, there are three divers. In third grade, there are eight total divers on the team. What fraction of…
Life Below the Ocean Surface | StarTalk
So you know that’s a fish. Oh, that’s cool. He’s cute, or she. You can’t even tell. But what is that fish thinking? Is it like— is it nostalgia? Is it rage? Maybe I’m just projecting. But you can’t really tell what it’s thinking. It’s a mystery. It’s an e…
Consumer Startup Metrics | Startup School
[Music] Welcome to metrics for Consumer startups. In our video on metrics for B2B startups, we talked about net dollar retention and gross margin metrics that are most important for B2B companies. Now we’re going to dig into metrics that are particularly …