I would laugh my balls off if Dogecoin became the defacto stable coin used for getting in and out of other coins. What a complete FU to the world that would be.
hahaha, same. His words will make DOGE more popular
Well.. if a coin such as DOGE becomes a stablecoin, then that can mean only one thing - something is seriously wrong with the current state of cryptocurrency market. How can a coin that was created just for joke become a stablecoin, with more than $100 million in market cap? And this is happening when a number of really good coins are going down in the market.
certainly not be interesting if the doge becomes a stable coin, of course it will be more difficult to find profits from market fluctuations. I think with the reputation of a doge with low costs in transactions, it can attract people to use their products, so they are interested in investing, to develop this project.
that will never happen and you should not worry about that. Doge will always still remain the same as doge coin that offers very cheap fees as the main feature. People are only using doge right now for the transaction purpose only and no more. With the inflation of doge and it's impossible for them to consider doge as an investment.