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
Linear vs. exponential growth: from data (example 2) | High School Math | Khan Academy
The temperature of a glass of warm water after it’s put in a freezer is represented by the following table. So we have time in minutes and then we have the corresponding temperature at different times in minutes. Which model for C of T, the temperature of…
My Meditation Regimen
And usually, do you have a 20 minutes a day, twice a day? What is your regimen? Yeah, I try to do it twice a day for 20 minutes each time. Usually before breakfast and before dinner. Um, but I’m not perfect. You know, I would say probably a third of the …
Take a Ride on One of India's Legendary Mountain Railways | National Geographic
[Music] The rugged mountainous terrain of India contains unmatched adventure. Their three historic railways are grouped into a single World Heritage site known as the Mountain Railways of India. The Darjeeling Himalayan Railway, the Nilgiri Mountain Railw…
Why You Need To Find Significance
Hey there, Alexa, and welcome back to Honest Talks, a series where we talk about things that we find intriguing and you might as well. In this video, we’re going to talk about probably one of the most important problems that you as an individual have to s…
How to Flush $5,000,000,000 Down the Drain - A Netflix Original Documentary
[Music] So Netflix reported their Q1 2021 earnings on Tuesday, Tuesday, April 20th. Overall, their results weren’t too bad. Of course, we know Netflix makes money through selling subscriptions to their streaming service. Overall, their revenue was up, gre…
19 year old buys a private jet!
Hey Steve, Daddy’s finally agreed to let me buy my first check, but he’s only giving me a 50 million budget. 15 million, that’s not so bad. Come on, let’s go sit down and we can go look through some options. So how many people do you think you want to ca…