Yup, Dogecoin is basically CBDCs done right - steady inflation rate to keep up with economic/population growth and no government control that screws things up. Also reasonably quick transaction times and low fees. Dog muny = best muny
People need to be reminded that Doge currently has a lower inflation rate than the dollar and it’s 100% guaranteed to decrease every year. The same obviously can’t be said for the dollar.
True but not nearly enough people use doge so if theirs a ton of coins being made with not enough users inflation will rise tell doge is worth under a penny again
Aye, that is well written. I’d like to think that most of what is explained is obvious, but the arguments I’ve had with people seem to suggest too many are oblivious to how money works at all.
Yup, Dogecoin is basically CBDCs done right - steady inflation rate to keep up with economic/population growth and no government control that screws things up. Also reasonably quick transaction times and low fees. Dog muny = best muny
People need to be reminded that Doge currently has a lower inflation rate than the dollar and it’s 100% guaranteed to decrease every year. The same obviously can’t be said for the dollar.
True but not nearly enough people use doge so if theirs a ton of coins being made with not enough users inflation will rise tell doge is worth under a penny again
Aye, that is well written. I’d like to think that most of what is explained is obvious, but the arguments I’ve had with people seem to suggest too many are oblivious to how money works at all.
Agreed. Not to mention that's also basically how Ethereum works as well.