Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.7 Available
How do you secure the network if you cap the coin? How many new successful coins are capped these days?
In the short run Bitcoin & Litecoin has a higher supply inflation rate that Doge.
Dogecoin Bitcoin Litecoin
2015 5.26% 10% 33.33%
2016 5% 9.09% 12.5%
2017 4.76% 4.1% 11.11%
2018 4.54% 4% 10%
2019 4.35% 3.85% 9.09%
2020 4.2% 3.7% 4.1%
Bitcoin = capped - This will take many many years.
LTC = capped - This will take many many years.
DOGE = dead
Network will be just fine with capping and merging.... also your coins will be special. Right now your coins are just a diluted piece of dogeshit.
The inflationary supply of Dogecoin is what makes Dogecoin special.
Bitcoin might be good for savings and buying things like cars and houses. But Dogecoin is good for purchasing everyday things.
Most people do not like dealing with decimals when spending money. This is fact.
Bitcoin is like Gold. Dogecoin is like $
One of Bitcoin's biggest problem is being solved with Dogecoin.
Can Bitcoin survive on transactions fees alone? Will these transaction fees be controlled by a few mass mining operations. Like banks of today? This seems very centralized to me.
I've been a Bitcoin supporter for many years. But we aren't limited to one currency. Many Crypto-currenies will have purposes that will offer different uses in the future.
Dogecoin has done a good Job reaching the masses. This is key. This means the coin is not going away anytime soon.