Doge Coins Rise as The Peoples currency

in WallStreetBets-Steem3 years ago (edited)

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i want to take a moment and say i legitimately and genuinely do believe that dogecoin can rest as the future of the earth's currency. however it can not take the place of currencies like bitcoin or ethereum because they are build for holding calue however dogecoin is built with a soft deflation. (read more about this here https://rb.gy/xillk7) every minute or so 10k more doge is produced however over time thats slowling down and will evenatually be a store of value aswell and with that beaing said alot like the dollar it needs the ability to have more produced for specific reasons to even things out what if the entire economy is at a hault everyones money is tied up more can be distributed just an example anyway i think doge being at 6 cents right now is a perfect time to put some money in and hold for the playing feild to be leveled out as it stands doge is on a rise and a steady gradual one at that over the last weeks is has slowly gone up when elon tweeted about it it did have a big push but after that it slowing but surely kept rising and because of that i do think 1 $ is in the near future for soge the market cap is already at around 7 billion and that measn there is alot of money in it and its not going anywhere any time soon and like elon said its most likely that the most ironic thing is to happen the fundamentals arwe there for this to truly happen even tho its a joke meme coin doesnt mean the people who built it didnt put the real effort in to make it worth useing it has the ability to be used on a daily level with transactions per second and its soft deflation and the dog is mans best friend. by the way doge already has one of the biggest communities and already has good implimentation of tipping people through twitter discord telegram and now that it has people actually looking at its underbelley looking at it with some sort of a realistic logicial thought process its not going to take the place of bitcoin but it does have the ability to make payments and transfers over the web easier and its built from a fork of bitcoins original code so its built to work anyway thats all for now im darren you can find me over on facebook at crypto payments or on the gaming side of things as itzK1ll5w17ch i do plan to invest more time learning and bringing you all my thoughts and getting better at this liek grammer and punctuations and such . however love you all and see you next time

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