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
15 Things You Should Learn from the Greatest Empires’ Mistakes
These Empires conquered, and these Empires fell. Just like we learned from their success stories, yesterday we can learn from their failures today. Every move they made can be scaled down from a rule that reached hundreds of thousands of people across the…
What is the BEST Stock Market Investing Strategy?
Well guys, it’s day four of the new money advent calendar and I’m already struggling. I’m recording this at 9:30 at night. I am in my pajamas; I’m like the classic news anchor right now. You know, got my good shirt on up top and then just wearing my pajam…
The Physics of Lightsabers | StarTalk
[Applause] Star Talk, we’re back featuring my interview with the British physicist Brian Cox. So I had to bring up the fact that he and I had, like, a Twitter argument over the physics of lightsabers. Aha, yeah! And I just had to bring it up and just ope…
Embracing Nihilism: What do we do when there's nothing?
God is dead. God remains dead, and we have killed him. How shall we comfort ourselves, the murderers of all murderers? What was holiest and mightiest of all that the world has yet owned has bled to death under our knives. Who will wipe this blood off of u…
15 Life Traps That Keep You Stuck
Life is full of traps, some more obvious than others, and when people find themselves stuck, it’s usually because they fell into a trap they didn’t even see coming. So you need to be smart about it. Here are 15 traps that keep you stuck in life. Welcome t…
Biases in algorithms | Intro to CS - Python | Khan Academy
Algorithms increasingly control many areas of our everyday lives, from loan applications to dating apps to hospital waiting lists. As responsible consumers and now creators of algorithms, we need to think critically about how the success of an algorithm g…