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
Ecosystem dynamics: Clark’s nutcrackers and the white bark pine | Khan Academy
What’s that? That sound, that call, sounds like something a crow would make but not quite. That’s actually the call of a really interesting bird called Clark’s nutcracker. These birds are cousins of the American crow, which you might see and hear around …
Lecture 15 - How to Manage (Ben Horowitz)
So when Sam originally sent me an email to do this course, he said, “Ben, can you teach a 15-minute course on management?” And I immediately thought to myself, wow, I just wrote a 300-page book on management, so that book was entirely too long. And I, I d…
15 Ways To Make 1 Million Dollars
1,700 new millionaires are created every day; that’s over 620,000 new millionaires every year. How come so many people become millionaires, and why can’t you do the same? Well, it’s actually about positioning and how valuable you are in the marketplace. I…
Human Extinction
Hey, Vsauce. Michael here. Do you want to be infected with Ebola without having to leave your own home or deal with other people? Well, you might be in luck. You can already download an Ebola virus genome. Right here on the Internet, right now. And if you…
Exponential functions differentiation | Advanced derivatives | AP Calculus AB | Khan Academy
Let’s say that Y is equal to 7⁄2 the x squared minus X power. What is the derivative of Y, derivative of Y with respect to X? And like always, pause this video and see if you can figure it out. Well, based on how this has been color-coded ahead of time, …
Climbing Kilimanjaro - Smarter Every Day 302
Hey, it’s me, Destin. Welcome back to Smarter Every Day. Years ago, my buddy, Brady Haran, made the coolest video I’ve ever watched on the internet, or one of them, where he boiled water at different altitudes on his way up to base camp for Mount Everest.…