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
Fall of the Roman Empire | World History | Khan Academy
[Instructor] In the last video, we talked about the first 200 years of Rome being an official empire, starting with Augustus in 27 BCE, going all the way to Marcus Aurelius. That time period is referred to as Pax Romana, Roman Peace. It’s a relatively sta…
Why I don't spend money.
What’s up you guys? It’s Graham here. So, for those of you that have watched the channel for a while, or for those of you that know me in person, you know that I’m pretty frugal. Honestly, that might even be pretty generous to say—how about extremely thri…
The Poor Man's Rolex? | Kevin & Teddy Baldassarre Tudor Watches
It’s a bit of a funky look. It is. Well, you have to hand it to Tudor; they’ve really, really focused on great dials, great value. If there was ever a brand that could encroach on a Rolex, it would be Tudor. Absolutely, it’s its own standalone brand. This…
The Debt Limit Explained
The debt limit is kind of a financial weapon of mass destruction chained to the United States government by the United States government. Confused? Then it’s time for The United States debt limit Explained. To understand the debt limit, you need to know …
Your Mass is NOT From the Higgs Boson
Twenty-one grams. That is the mass of all of the electrons in your body if, like me, you weigh about 70 kilograms. Now, all of the mass comes from the Higgs mechanism, which means that as your electrons are traveling through space time, they interact with…
The World on the Ocean Floor | Sea of Hope: America's Underwater Treasures
[music playing] MAN (OVER RADIO): [inaudible] 200 meters. Pisces V, K OK, do you copy? Roger, hatch is shut, ready to dive, dive, dive, over. MAN (OVER RADIO): Roger, hatch is shut, ready to dive, dive, dive. NARRATOR: Sylvia last dived here nearly fou…