Actually, the steadiness of Doge's dollar value is what makes it a really useful coin. You can use it to move money from exchange to exchange without really losing through fluctuations of price.
Having a steady value means it is more likely to be used as a currency than as an asset. If more online retailers accepted doge, I think it would be used more than bitcoin (people tend to hoard bitcoins).
Having a steady value means it is more likely to be used as a currency than as an asset. If more online retailers accepted doge, I think it would be used more than bitcoin (people tend to hoard bitcoins).
True. That is why I think that Dogecoin might become more useful for everyday payments than Bitcoin itself. Having the convenience of speed and price stability, would help the cryptocurrency become used in the mainstream world.
I can't imagine that one day, Dogecoin might become accepted at local shops and retailers, making cryptocurrencies mainstream. Because of Dogecoin's strong support from its community, and usability, I think that the DOGE will never die.
It serves as a great tool to teach others about cryptocurrencies, as well as, tipping others, and more. Just my opinion.
