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
How to sell private jets to billionaires
So Steve, tell me, what’s the biggest lesson you’ve ever learned in business? Couple things. One, no doesn’t necessarily always mean no. Never give up, never give up no matter what. And you have to set a target in order to reach one. How old were you wh…
Science Fair – Trailer | National Geographic
The winner in the category of Medicine, making it ties—that’s like the big thing. You kind of had that status of being in, like, the group I would say that a lot of people are jealous of. On deadlines, I’m awful. I wait until the deadline to start workin…
Impact of changes to trophic pyramids | High school biology | Khan Academy
What we see here is known as a trophic pyramid, and the word “trophic” in a biology context is referring to food relationships. So, one way to think about this is that it tells us who is eating whom and who is producing energy, and then who is able to lev…
LearnStorm Growth Mindset: Teacher leader on his career journey
I’m Paul Clifton. I’m 30 years old. I am a sixth-grade teacher leader, and my salary is about $60,000. I’m a new teacher leader, and so I get to coach other teachers, fellow math teachers, and work on a team. I get to observe teachers teach, co-teach with…
Warren Buffett's Inflation WARNING for 2021
From raw material purchases by Berkshire subsidiaries, are you seeing signs of inflation beginning to increase? We’re seeing very substantial inflation. It’s very interesting. I mean, we’re raising prices, people are raising prices to us, and it’s being …
Pictures of the Year 2022 | Podcast | Overheard at National Geographic
Foreign [Music] I had just arrived and so I and I’m breathing hard. 17,500 feet is no joke. I mean, I had gotten sick; all of us had kind of gotten sick on the way up. I’d gotten particularly sick. I can barely get my breath. That’s Sadie Courier; she’s …