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
Logistic growth versus exponential growth | Ecology | AP Biology | Khan Academy
Let’s now think a little bit more about how we might model population growth. As we do so, we’re going to become a little bit more familiar with the types of formulas that you might see in AP Biology formula sheet. In a previous video, we introduced the …
Top 5 Stocks the Super Investors Keep Buying!
Well, here we are back again. It’s that time of the year! The first NF filings have been released, so in this video we’re going to look at the top 10, top 10, but really the top five stocks the best investors in the world were buying leading into 2023. Th…
There is no axiomatic proof of property rights
Uh, to avoid confusion, I’ll preface this by saying that, um, I’m personally strongly in favor of property rights and their enforcement. So if you’re new to my channel, please bear that in mind. Uh, Stefan Molyneux made a video a while back attempting to…
Connecting limits and graphical behavior | Limits and continuity | AP Calculus AB | Khan Academy
So, we have the graph of y is equal to g of x right over here, and I want to think about what is the limit as x approaches 5 of g of x. Well, we’ve done this multiple times. Let’s think about what g of x approaches as x approaches 5. From the left, g of …
I, Phone
Thinking of your phone as an extension of yourself isn’t crazy. To say that your phone knows more about you than you know about you isn’t an exaggeration; it’s a statement of fact. Do you remember your location every minute of every day? Do you remember w…
The Season of Twilight | National Geographic
The best photographs keep something from us, and there’s no better time for mystery than the Twilight hour. Much of my work as a photographer takes me to the Arctic, but I really haven’t spent much time in Canada in the winter. Shorter days allow me to ca…