Post
Topic
Board Altcoin Discussion
Re: Dogecoin (DOGE)
by
nutildah
on 23/03/2024, 13:36:49 UTC
On the other hand, Dogecoin is inflationary and currently holds the title as the most important currency because those above it in market capitalization are either value reserves or will become so, or they aren't decentralized.

Since the rest of meme coins are neither inflationary nor decentralized but rather tokens, I don't see any currency currently that can compete with Dogecoin as the internet money. Expect it to be in X, and then the rest of internet companies will adopt it

All good reasons that make it a superior cryptocurrency... My only quip with it is 10k coins generated every single minute is a bit much. I would be OK with 5k. But it is what it it is, and its still my favorite crypto (probably).

Other coins I see suited as actual currencies include Litecoin, Monero, and occasionally Bitcoin Cash will work in a pinch, if you need to move funds off an exchange and don't want to pay an exorbitant fee. Admittedly I've also used XRP for that purpose, but I would never hold any as an investment.