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RE: Dogecoin Millionaire: Investment food for thought and the fascinating story of the emergence of the "Doge."

in #dogecoin7 years ago (edited)

Great article I enjoyed reading it quite a bit. While Dogecoin is indeed a tongue in cheek crypto currency, the coin actually has a use case even if it was unintentional. First and foremost Doge makes a wonderful micro payments system. I do not post on Reddit or many other social media sights for that matter, but having the ability to tip small amounts of money to other posters for content that you find meaningful is actually quite nice and Dogecoin works really beautifully like this.

Despite the coin's never ending supply and it's inflationary nature. Dogecoin is a very stable store of wealth; When you couple the fact that the coin has a very low volatility with small transfer fees and very fast transaction times. It is no mystery that many people take advantage of these features to shelter money they have made in the crypto sphere . I honestly think Doge is one of the most underrated currencies currently circulating and the coin intended as a practical joke really deserves a more serious look.

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Excellent points, man. Thanks for this.

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