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
What Could Survive An Atomic Bomb?
According to popular myth, cockroaches would inherit a post-nuclear disaster world. But it looks like the real winners might actually be fungi. In 1999, fungi were found to be thriving in highly radioactive conditions inside the Chernobyl reactor. These f…
Continental Drift 101 | National Geographic
Talk about the ultimate breakup. Europe and Africa have been splitting apart from the American continents for millions of years at a rate of approximately 2.5 cm per year. The continents are moving about as fast as our fingernails grow. As they continue t…
Geometric distribution mean and standard deviation | AP Statistics | Khan Academy
So let’s say we’re going to play a game where on each person’s turn they’re going to keep rolling this fair six-sided die until we get a one, and we just want to see how many rolls does it take. So let’s say we define some random variable, let’s call it X…
Introduction to utility | APⓇ Microeconomics | Khan Academy
We are now going to introduce ourselves to the idea of utility in economics. Now, in everyday language, if someone says, “What’s the utility of that?” they’re usually saying, “What’s the usefulness of doing that?” Utility in economics takes that view of …
Solving equations and inequalities through substitution example 3
Joey is training for a hot dog eating contest. The person who eats the most hot dogs in 10 minutes is the winner. If r is the number of hot dogs that Joey can eat in a minute and n is the total number of hot dogs he eats in the contest, we can write the f…
Saving One of the Most Pristine Wetlands on Earth | National Geographic
The Aqua Bengal Delta, one of the most vibrant wetlands on the planet, could be in danger of disappearing. From deep in the my humble forest highlands of Angola flow the surface water that feeds the Cuiúto and Cubango rivers. These vital waterways, flowin…