InvestorsHub Logo
Followers 1
Posts 109
Boards Moderated 0
Alias Born 04/18/2021

Re: xZx post# 1941

Sunday, 04/18/2021 2:23:12 PM

Sunday, April 18, 2021 2:23:12 PM

Post# of 26500
Keep in mind, however, that unlike a fiat currency, whereby some dude at a central bank goes, "hey let's print more money!", DOGE will only be mined if miners believe in the value and mining is cost effective Vis a Vis hardware and electricity prices.

In other words, the people get to decide.

So yes, it can be "diluted" but only if there is a demand for coins. and most importantly, it is already being used as currency, see the tipping phenomenon, which is the baseline goal of tokens regardless of technology. Remember?

So, no. Your warnings have been inverted by the blockchain and the peer to peer nature of crypto as well as the the early adapatation and use of DOGE as actual money. In other words, the enthusiasts are already using it in the market. Which is the point.

And we aren't talking about buying a Pizza in 2014.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent DOGEUSD News