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
The Tenth Amendment | The National Constitution Center | US government and civics | Khan Academy
Hi, this is Kim from Khan Academy, and today I’m learning about the Tenth Amendment to the Constitution, the last amendment in the Bill of Rights. The Bill of Rights was added in order to calm some of the fears held by those who felt that the new, stronge…
Generalizabilty of survey results example | Study design | AP Statistics | Khan Academy
First-year students at a certain large university are required to live on campus in one of the 24 available residence halls. After their first year, students have the option to live away from campus, but many choose to continue living in the residence hal…
Cats vs. Gravity | Science of Stupid
The internet is packed full of clips of people’s cats doing hilarious things, so we thought we’d put these wonders of the web to work and find out if cats are as clever as their smug little faces suggest, or are they as DED as the rest of us? Let’s jump …
Multiplying and dividing by powers of 10
In another video, we introduce ourselves to the idea of powers of 10. We saw that if I were to just say 10 to the first power, that means that we’re just really just going to take 1. If we have 10 to the second power, that means that we’re going to take …
Morgan DeBaun on Reaching 20M Millennials - With Kat Manalac at the Female Founders Conference
And now I’m really, really excited to introduce you to our next speaker, Morgan DeBon. She’s the founder of Blabbetty. So, Blabbetty has, you know, grown into the largest media company and lifestyle brand for Black Millennials. Morgan started Blabbetty in…
A collection of my best advice on meditation
I’m so glad that some of our conversations are on meditation. I have a number of questions that I get on meditation. Uh, what type? There are just many, many, many types of meditation, and I suppose they’re probably almost all good. I’ve only experienced…