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
Fraction multiplication as scaling examples
This right over here is an image from an exercise on Khan Academy, and it says compare using greater than, less than, or equal to. On the left, we have one fourth times five thousand, and we want to compare that to five thousand. On Khan Academy, you’d c…
Catching Big Tuna | Wicked Tuna | National Geographic
Beginning of the season. We’ve got to try to try something and just prospect a little bit, see what’s where. Go back to one of my old spots here. This is my old chart plotter right here. This is from the old boat. It’s black and white. But all these dots …
MARCUS AURELIUS PHILOSOPHY FOR BREAKUPS | STOICISM INSIGHTS
Did you know that the toughest experiences can be our greatest teachers? Today we are discussing something that, believe it or not, every single one of us will face at some point: the heart-wrenching turmoil of a breakup. Now you might be thinking, why fo…
Zhou, Qin and Han Dynasties | World History | Khan Academy
[Narrator] What I’m gonna do in this video is give us an overview of the first significant dynasties in Ancient and Imperial China. Now, in a previous video, we talk about the Xia dynasty, which we’re not sure whether it exists because we don’t have a l…
Thin-layer chromatography (TLC) | Intermolecular forces and properties | AP Chemistry | Khan Academy
So let’s say that I have a vial of some mystery liquid right over here, and I want to start figuring out what’s going on there. The first step is to think about, is it just one substance or is it a mixture of multiple substances? The focus of this video i…
Organelles in eukaryotic cells | The cellular basis of life | High school biology | Khan Academy
What we’re going to do in this video is give ourselves a little bit of a tour of eukaryotic cells. The first place to start is just to remind ourselves what it means for a cell to be eukaryotic. It means that the inside of the cell there are membrane-boun…