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
How The Housing Crash Will Happen
What’s up kids, it’s Dad here! Okay, there we go, I said it. Anyway, I think it’s time we address a topic that I’m sure a lot of people have considered recently, and that would be the next real estate crash. After all, I think it’s no surprise that in the…
Introduction to sustainability| Land and water use| AP Environmental science| Khan Academy
Let’s talk about sustainability. You’ve probably come across the word “sustainable” at some point in your life. If I decided to continue to talk for the rest of this video without taking a breath, you might tell me, “Mia, that’s just not sustainable.” In …
The Ponzi Factor: Banned on Quora
The first fallacy, when I believe the most fundamental falsehood that leads to other false ideas, is the notion that stocks are equity instruments that represent ownership. Finance professionals will argue the stock market can’t be a Ponzi scheme because …
The Gig Economy is Terrible: Here's Why
Meet Abraham. He’s trying to pay off the lease on his new Lincoln. He got it to stand out in the fleet of other Uber vehicles. He drives for hours every day to try and make a living from what was once a lucrative job. Now, Abraham is barely making it from…
See Why These Cute Little Goats Are the Latest Yoga Craze | Short Film Showcase
So I have six goats: Anel and Adams, because I’m a photographer, so that seemed fitting for my first two goats. They are all mini goats, but Dodger—that’s who I got next—and he’s a B goat. He was going to go in someone’s freezer; he’s a huge pain. Then I …
What VCs Look for When Investing in Bio and Healthcare
Right, so welcome back. In this next panel features bio and Healthcare investors from Andreessen Horowitz, Coastal Adventures, and Ben Rock. They are some of the most respected firms out there. So, before we bring them up on stage, I wanted to introduce y…