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
Why the Electoral College Exists | Nat Geo Explores
Every four years it happens again. All trying to convince you that one candidate above all the rest has the experience, has got the right mix of stuff. “Join me to lead America!” This is crazy! But no matter what name you’re bubbling in, you’re not actual…
Money Can Buy You Happiness. Here’s Why.
What’s up you guys? It’s Graham here. So let’s attempt to answer the age-old question: Can money actually buy you happiness? After all, it’s often touted as the simplest solution to every problem life throws your way. From the dead-end job that you hate,…
How To Think Like A High Achiever
There are two types of people in this world: those who get it and those who don’t. And there’s really only one thing that differentiates between the two; it’s the unwavering belief in your ability to shape your own future. There are a lot of people out th…
Feudal system during the Middle Ages | World History | Khan Academy
Talk about in other videos. The Middle Ages refers to that roughly 1,000 year period of time in Europe, from the end of the Western Roman Empire in 476 until we get to about a thousand years later, with the emergence of the Renaissance and the Age of Expl…
Examples finding the domain of functions
In this video, we’re going to do a few examples finding domains of functions. So, let’s say that we have the function f of x is equal to x plus 5 over x minus 2. What is going to be the domain of this function? Pause this video and try to figure that out.…
15 Routines That Grow Your Mindset
It’s easy to spot a red car in traffic if you’re looking for a red car, and that’s similar to how your perspective on life works. If you’re not looking for something specific, you won’t see it, even when it’s right under your nose. That’s why people with …