yego.me
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.

Bird Flight - Deep Dive #2 - Smarter Every Day 61
A live message from Sal on school closures

More Articles

View All
Why Most People Will Never Be Able To Retire
Do you dream of the day when you can finally put your feet up, relax, and enjoy your golden years? Do you see yourself sitting on a comfy chair by the fireplace, reading stories to your grandkids? Well, tough luck, because most people in this generation w…
Order of operations introduction | 6th grade | Khan Academy
Every few months you’ll see an expression like this go viral on social media because it looks simple, but depending on how people interpret this expression, they often get different answers. So first, why don’t you pause this video and think about what yo…
Creativity break: what are some new ways of thinking about problem solving? | Khan Academy
[Music] We have the opportunity to work together with a variety of different voices, colleagues from all over the world who have different strengths that they bring, different perspectives that they bring about life and about how the world operates. Only …
Scaling perimeter and area example 1 | Transformational geometry | Grade 8 (TX) | Khan Academy
We’re told Pentagon A was dilated by a scale factor of three to create Pentagon B. Complete the missing measurements in the table below, so pause this video, have a go at this before we do this together. All right, now let’s work on this together. It’s r…
Desire Is a Contract You Make to Be Unhappy
Desire is a contract you make with yourself to be unhappy until you get what you want. You start becoming disturbed because you want something, and then you work really hard to get that thing. You’re miserable in the meantime, and then when you get that t…
You Don’t Lose People. You Return Them | Stoic Philosophy
In the Star Wars prequels, we see the romance between Jedi Knight Anakin Skywalker and Queen of Naboo Padmé Amidala and how the overly attached Anakin suffers from an extreme fear of losing Padmé. His attachment and fear are so strong that he’s willing to…