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
Waste Not, Want Not | The Great Human Race
Whoa! What is that? Look at the bottom of that slope. I see it! Is that an animal? Huh! It’s a baby bushbuck! Look, something attacked this. Oh, look at these marks! It definitely was! Definitely something bit it. It’s bloated. It is bloated. We might no…
Bridge of Terror | Wicked Tuna: Outer Banks
I gotta worry about navigating the boat through the bridge without the shrine. This bridge is the reason why you know people are afraid to go fishing here. It’s our 16th day in the water; we’ve only caught one fish and that was on our first day. We’re des…
Every Lie You Believe In
Tim Cook of Apple, Sundar Pichai of Google, Elon Musk, Jeff Bezos, the president of the United States—when you think of the people controlling the world, these names come to mind. But the truth is, while these people have a significant influence over our …
The Hidden Science of Fireworks
This is the biggest… hottest… and most explosive— Oh my god. Video on fireworks ever, covering everything from the invention of gunpowder to how fire can burn underwater, how fireworks are made, the colors, shapes, fuses. To how they’re launched. We’l…
15 Valuable Lessons You Learn After Your First Big Win
You know, everyone always talks about lessons you learn from failures and how important they are. But if all you have are failures, then maybe those lessons are incomplete. Today we’re going over 15 valuable lessons you only learned after your first win. …
Dilating triangles: find the error | Performing transformations | Geometry | Khan Academy
We are told triangle A’B’C’ is the image of triangle ABC under a dilation whose center is P and scale factor is three-fourths. Which figure correctly shows triangle A’B’C’ using the solid line? So pause this video and see if you can figure this out on you…