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 Reasons You are Behind in Life
Sometimes you’re behind in life for reasons that were initially out of your control. Sometimes you’re behind because of poor decisions you made when you had little life experience. But if you’re watching this video right now, then you’re self-aware enough…
15 Steps to Become a Billionaire (From Scratch)
You are watching the Sunday motivational video, “15 Steps to Become a Billionaire from Scratch.” Welcome to a Luxe Calm, the place where future billionaires come to get inspired. Halloway Luxor’s and welcome back! This is a very special Sunday motivationa…
The 5 WORST Money Mistakes To Avoid In Your 20’s
What’s up you guys? It’s Graham here. So, I recently came across a video by Phil Town’s number one rule in—no, wait, Phil Town’s rule number one in investing. I think that’s it. Anyway, I digress. He made a great video about the six money traps that you s…
15 Ways To Think About Money
What if we told you that most of you were thinking about money in the wrong way? The average person has no idea what money really is and how to leverage it for a life filled with freedom. They use it to pay bills, buy food, and acquire things that they us…
Mad Brad | Wicked Tuna
All right, we’re going to haul up now and come in. Weird fishing, there’s fish around. There’s a couple bites; you don’t mark that many. It’s just very strange. There’s a ton of boats out here; everybody’s trying to get their last licks in before the end …
Office Hours at Startup School 2013 with Paul Graham and Sam Altman
We have to sit up straight. We have lower, since this is not right. Admiral Rickover would not stand for this. Um, okay. Uh, George, Nick, what are you working on? So we are building a multiplayer programming game for teaching people how to code. So lik…