Post
Topic
Board Speculation
Re: Bitcoin trending down. Dogecoin trending up.
by
pungopete468
on 17/02/2014, 05:49:04 UTC

Ask yourself this; what problem does Bitcoin solve that Dogecoin does not?

I can answer that quickly...



I'll ask again. What problem does *Bitcoin* solve that Doge does not?

I guess I need to simplify.

Bitcoin can be psychologically accepted by people who wish to solve the problem we are trying to solve. Bitcoin potentially has the tools to solve this problem and the ideologically motivated workers to accomplish this goal.

Dogecoin has a built in psychological wall around itself that can never be breached. Dogecoin has the same tools but without the ideologically motivated workers to utilize them. They're all turned off because it's just a joke.

Dogecoin can never solve the problem that Bitcoin hopes to solve because it will always be a joke which fundamentally repels legitimate business and the "store of wealth" property of a currency...

I hope this is a more satisfactory answer.