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.

RFS: LLMs for manual back office processes in legacy enterprises

Watch Famous Ponies Swim in Chincoteague Island Tradition | National Geographic

View All

What are some things you’ve had to unlearn?

You’d be surprised at how many Founders that we talked to will tell you that nothing they did in their job translates at all to their startup. It’s because you have so much infrastructure inside of Google or Facebook to do your job, and they have their ow…

Lecture 13 - How to be a Great Founder (Reid Hoffman)

Thank you, Sam. So, when I look through the syllabus of this class and thought about what I could possibly add that would be useful in addition to the very skills, one of the things that I’ve been thinking about has been how do you think about yourself as…

You Don’t Deserve What You Want | Stoic Philosophy

In the ancient city of Rome, a man named Tiberius approached the Stoic philosopher Epictetus, who was getting ready for his journey to Greece. “Master Epictetus,” he cried, “Before you leave, please listen to me. I’ve lost everything! A fire destroyed my …

Mohnish Pabrai: How to Invest in an Overvalued Market (2021)

I never focus on what is happening in markets and, uh, you know, macro events and all of that. I think at the end of the day what matters is how does a particular business do over a long period of time. I think the important thing in investing is can I te…

Jacobian prerequisite knowledge

Hello everyone. So, in these next few videos, I’m going to be talking about something called the Jacobian and more specifically, it’s the Jacobian matrix or sometimes the associated determinant. Here, I just want to talk about some of the background know…

15 Leadership Decisions That Can Make or Break Your Future

Are you a leader in your life? Leadership isn’t just about making bold moves in the boardroom. Okay, you might have a vision for your financial goals, your mental and physical health, your relationships, your education, and just your overall lifestyle. Bu…

The Ideal Digital Coin?

More Articles