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
Don’t Chase Happiness - Become Antifragile | Marcus Aurelius | Stoicism
We often think of strength as the ability to withstand enormous force without breaking. But true strength, as the Stoics taught us, isn’t just about enduring. It’s about thriving because of adversity, not in spite of it. This idea, known as anti-fragility…
They Call It "The Cupola" - Smarter Every Day 303
Hey, it’s me, Destin. Welcome back to Smarter Every Day. I’m very excited to share this video with you because it means a lot to me to see how it’s all played out. Years ago, I met a guy named Don Pettit. Don is an astronaut, and he is an incredibly curio…
Worked example: forming a slope field | AP Calculus AB | Khan Academy
In drawing the slope field for the differential equation, the derivative of y with respect to x is equal to y minus 2x. I would place short line segments at select points on the xy-plane. At the point (-1, 1), I would draw a short segment of slope blank.…
Indefinite integrals: sums & multiples | AP Calculus AB | Khan Academy
So we have listed here two significant properties of indefinite integrals, and we will see in the future that they are very, very powerful. All this is saying is the indefinite integral of the sum of two different functions is equal to the sum of the inde…
Running Water - Thaw Project | Life Below Zero
My nephew Jesse is coming in on the flight. I’m bringing the Young Gun in. “Hey Jesse, how’s it going? How are you doing? Thank you for helping me out.” Mhm, I am Jesse Moore, and I am from Fairbanks, Alaska. I’m here because, uh, my auntie happened to …
Warren Buffett Leaves the Audience SPEECHLESS (Inspiring Story)
These people had one thing in common. You know, they knew they had it in themselves. They knew they could be something beyond where they were. They were willing to put their time, their energies to better themselves. And behind them, as I saw when I got t…