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
Media Illusions Shaping Your World
Once upon a time, there was a wild pig and a sea cow. The two were best friends who enjoyed racing against each other. One day, the sea cow got injured and couldn’t race any longer. So, the wild pig carried him down to the sea, where they could race forev…
America Inside Out with Katie Couric - First Look | National Geographic
KATIE COURIC (VOICEOVER): Is shifting before our eyes. Race you to the top, Mike. (VOICEOVER) Big changes– Hi, Henry. HENRY: Hi, Katie. KATIE COURIC (VOICEOVER): –big challenges– I hate to admit it, but I probably am prejudiced. KATIE COURIC (VOICEOV…
Chasing Microbes: The Secret Superheroes of Our Planet | National Geographic
There are places all over the world where methane is coming out of the seafloor. This is kind of concerning because methane is a very strong greenhouse gas. We think a lot about carbon dioxide heating up the planet, but methane is about 25 times worse. An…
Is This the End of Cathie Wood? | ARKK Fund Collapsing
One of the new stars in the investment world over the past few years has been Kathy Wood. She has had a successful and established career on Wall Street but really became a household name relatively recently with the company she founded, Arkhanvest, and i…
Biggest Money Myths (Debunked)
Not everything you’ve heard about money is true. Actually, most of the mainstream narrative around money has been disproven by modern developed society time and time again. Watch this video until the end, and you’ll be smarter than all your friends who re…
Motion along a curve: finding velocity magnitude | AP Calculus BC | Khan Academy
A particle moves along the curve (xy = 16) so that the y-coordinate is increasing. We underline this: the y-coordinate is increasing at a constant rate of two units per minute. That means that the rate of change of y with respect to t is equal to two. Wh…