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
Calculating kinetic energy | Modeling energy | High school physics | Khan Academy
In this video, we’re going to talk about kinetic energy, and we’re also going to think about how to calculate it. So, you can already imagine, based on the word “kinetic,” which is referring to motion, that this is the energy that an object has by virtue …
Shelter From a Snowstorm | Primal Survivor
MAN (VOICEOVER): But even here, there’s no escape from the storm. I have to get out of this freezing wind. Best I can do is just find a quick shelter behind the wind shadow of these trees. [wind howling] I dig down through the snow at the base of a spru…
How to have the best summer of your life
We all want to have a good time this summer. I personally look forward to the summertime every single year because I live in British Columbia and 90% of the year is overcast, rainy, gloomy, cloudy. It’s not a fun time. When the weather starts to get good,…
Human migration: sub-Saharan Africa and the Pacific | World History | Khan Academy
In this video, I want to explore the question of what impact does the environment have on human migration. We have a couple of specific examples here, and before we dig into those, I want to make a few broader points about the environment as a historical …
Using probability to make fair decisions
We’re told that Roberto and Jocelyn decide to roll a pair of fair six-sided dice to determine who has to dust their apartment. If the sum is seven, then Roberto will dust. If the sum is 10 or 11, then Jocelyn will dust. If the sum is anything else, they’l…
Creating The First 3D Scan of an Endangered Species | Explorers In The Field
[Music] Things are disappearing at an increasing rate, both animals and cultural sites. 3D scanning is a way to digitally capture the world and make a copy of something. My personal mission is to build technologies to help explore the worlds and the disap…