Part 11/16:
The speaker introduces the concept of meta-currencies—stable denominators that aggregate the value of all tokens in a user’s wallet, akin to an index fund or a global currency. Such a currency would not be tradable itself but would serve as a reference point for value across various cryptocurrencies, much like how indices in traditional markets aggregate multiple stocks.
This abstraction could remove the need to constantly watch exchange rates, focusing instead on the relative purchasing power. It’s a step toward creating a unified, global sense of value detached from individual cryptos.