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
What Happens to Lasers Underwater? (Total internal reflection) - Smarter Every Day 219
Hey, it’s me, Destin. Welcome back to Smarter Every Day. If you can’t tell, I am on a kayak here. And we have a lot of the kayak. I guess it was a week ago I uploaded a video to the second channel. And we were trying to fish, right Trent? [Trent] Yeah. Oh…
Winner Winner Raccoon Dinner! | Dirty Rotten Survival
It’s Dick’s game of choice: a good old-fashioned roadkill barbecue. Smells pretty good! These guys want modern conveniences. I’m gonna give them their food in a birch bark serving tray, Allah the hillbilly hibachi! For this roadkill cook-off, the guys wil…
I Bought a Rain Forest, Part 1 | Nat Geo Live
I went on a journey and I went all over the Amazon to try and find out the truth about the Amazon. This idea of these nasty people destroying the Amazon, they’re not. They are just people trying to make a living. And what I saw was this endless poverty tr…
Submarine Diving in Deep-Sea Galápagos | Best Job Ever
Today’s office includes a submarine in the middle of the Galapagos. I would dare say that I have one of the coolest jobs in the world. Really, one animal that swims like that! I’m in the Galapagos with the National Geographic Pristine Seas team. We’re go…
Whoopi Golderg Wants Superheroes With Big Butts | StarTalk
Whoopi Goldberg: “Did you know she was a card-carrying geek? Well, let’s check some of that out. Here we go! I’m a woman of a certain age who’s always grown up with Superman and Batman and Supergirl and all, and all of the DC and Marvel Universes. There’…
The True Cost of the Royal Family Explained
Look at that! What a waste! That Queen living it off the government in her castles with her corgis and gin. Just how much does this cost to maintain? £40 million. That’s about 65p per person per year of tax money going to the royal family. Sure, it’s stil…