The more I contemplate Doge, the less egregious it seems. I mean, I would never, ever, buy it, BUT, that Tyler Winklevoss tweet has a point. Doge is disinflationary, eventually it will have a lower stock-to-flow than gold. What are the arguments against it? Sure, DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L is concerning, but ultimately we're trusting that Satoshi won't ever move the ~1M BTC he is believed to hold. I was concerned about BCH or BSV trading for 3 figures long before I got worried when Doge broke a dime. I mean, Doge is basically LTC with a dog logo. I'm not a BTC maximalist but from my perspective, unit bias has long been the cause of money flowing into dubious projects - XRP was the #3 coin for years because it seems "cheaper" than BTC.
The more I contemplate Doge, the less egregious it seems. I mean, I would never, ever, buy it, BUT, that Tyler Winklevoss tweet has a point. Doge is disinflationary, eventually it will have a lower stock-to-flow than gold. What are the arguments against it? Sure, DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L is concerning, but ultimately we're trusting that Satoshi won't ever move the ~1M BTC he is believed to hold. I was concerned about BCH or BSV trading for 3 figures long before I got worried when Doge broke a dime. I mean, Doge is basically LTC with a dog logo. I'm not a BTC maximalist but from my perspective, unit bias has long been the cause of money flowing into dubious projects - XRP was the #3 coin for years because it seems "cheaper" than BTC.