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 old is a private jet owner?
The average age of a buyer of an airplane, like the CEO of a company or an entrepreneurial lead business, has drastically changed. Not just in the last couple of years, really over the course of the last 20 years. Twenty to thirty years ago, the average …
The rise of industrial capitalism | AP US History | Khan Academy
[Instructor] The period from the end of the Civil War to the start of the 20th Century was one of incredible economic transformation in the United States. In 1865, the United States was the 4th largest industrial economy in the world. By the 1890s, it had…
This Thing is Crazy Fast - Kodak Part 3- Smarter Every Day 286
Hey, it’s me, Destin. Welcome back to Smarter Every Day. This… [KA-CHUNK, KA CHUNK] [JET ENGINE NOISES] [CHU-KUH, CHU-KUH] [KER-FLOP] [DING!] is at the Kodak Film Factory in Rochester, New York. The fact that we get to film in the plant is amazing. This i…
Frozen In Time | Continent 7: Antarctica
You ready? Get ready. Are you ready? Yeah. NARRATOR: Barbara Bollard-Breen and her team are here to create a virtual version of a historic hut that’s over 100 years old, in order to help protect it. Here we go. NARRATOR: And she’s about to step inside f…
Geometric constructions: parallel line | Congruence | High school geometry | Khan Academy
Let’s say that we have a line. I’m drawing it right over there, and our goal is to construct another line that is parallel to this line that goes through this point. How would we do that? Well, the way that we can approach it is by creating what will even…
Exponential functions differentiation intro | Advanced derivatives | AP Calculus AB | Khan Academy
What I want to do in this video is explore taking the derivatives of exponential functions. So we’ve already seen that the derivative with respect to x of e to the x is equal to e to the x, which is a pretty amazing thing. One of the many things that make…