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
The Origin of Consciousness – How Unaware Things Became Aware
Consciousness is perhaps the biggest riddle in nature. Stripped to its core meaning, consciousness is what allows us to be aware both of our surroundings and of our own inner state. But thinking about consciousness has this habit of taking us round in cir…
How To QUIT Your Job With Passive Income (Step By Step)
What’s up, Grambids? Guys, here. So, some of you know I’ve been obsessed with the concept of passive income ever since I learned about the financial independence retire early community in my early 20s. Over those last 12 years, I have done everything poss…
What is Beautiful Deleveraging?
A number of people asked me, “What is a beautiful deleveraging?” Well, first let me start with what is the deleveraging. Sometimes there’s too much debt burden, which also means that somebody’s holding too many debt assets and they’re not going to get pai…
Updates for Startup School 2019 and Office Hours with Kevin Hale
Kevin Hale: Welcome to the podcast! Craig: Hi! Kevin Hale: You are running Startup School this year, me and Adora are hosting and the main instructors for Startup School. So many people know about Startup School; we’ve talked about it on the podcast bef…
Pythagorean theorem with right triangle
We’re asked to find the value of x in the isosceles triangle shown below. So that is the base of this triangle. So pause this video and see if you can figure that out. Well, the key realization to solve this is to realize that this altitude that they dro…
How to Use Khan Academy's Free Courses for Texas Teachers and Students
To share valuable free resources with you today that I believe will not only benefit your students but also lighten your load as you manage the many decisions and tasks that come along with teaching nowadays. I really truly appreciate everything that you …