“BitcoinBunny”, your arguments are fully analogous to a SHIB bagholder telling me to “have fun staying poor”. OK.

Quote from: philipma1957 on Today at 02:21:20 AM

Quote from: death_wish on Today at 02:03:54 AM

Doge has some potential due to the shrinking inflationary technique it is using . Not my idea but a year or so Ago a wo poster explained the idea that doge is doing may have some value.

year 1 = x
year 2 = 2x oh my god 100% inflation
year 10 = 10x
year 11 = 11x only 10% inflation
year 50 = 50x coins
year 51 = 51x coins only 2% inflation
year 100 = 100 x coins
year 101 = 101 x coins only 1% inflation

doge meets in the middle when compared to $ or BTC

I am anti pos and hate eth even don’t like ltc much

but doge’s shrinking inflation rate is still interesting to me.

I am not categorically against all use of inflationary currency; and I don’t actually hate Dogecoin. I make fun of Dogecoin, because it’s—well, it’s asking for it. I switched my rhetoric to SHIB, because Dogecoin does not deserve to be compared to PHP.

In the abstract, I think that there is space for a deflationary currency (Bitcoin), and perhaps an inflationary thing with certain uses (not DOGE), in tandem with a price-stable currency. I’ll omit details here, for such a general economic discussion is off-topic for WO. Suffice it here to say, the above-quoted argument would seem much more sensible to me if any non-Keynesian explanation were given of why DOGE should inflate at all. Are people just that dumb? No, wait: Don’t answer that.

On another note, Elon Musk was either stupid or malicious to call DOGE a better currency than BTC (!). Given that he not only jumped on the “too much energy” bandwagon near the same time, but even gave it a push to launch it, I know which of that “either” I will guess.

Newbie warning: DOGE development is (or when I checked last year: was) in such a shambles as had me worried: “People are entrusting billions of dollars in value to that thing?” I was afraid that one catastrophic failure could crash the whole market, and blow FUD back onto Bitcoin. My Evil Hat(TM) was also wondering what would happen if the flimsy, ill-maintained DOGE contraption had an exploitable security flaw.

Sure, DOGE was started as a joke. Very funny. Hahah. It’s still a joke. Do not entrust Dogecoin with anything other than toy money!

Quote from: philipma1957 on Today at 02:21:20 AM

SHIB is a joke.

I do agree with that.

Imagine that SHIB is a programming language. The picture in your mind is PHP.

Now, behold the prospect of someone bizarrely attacking me in WO because I called SHIB what it is.

Sad.