52 Video: Elon Musk Explains What Is Dogecoin At SNL - The Cryptocurrency Falls Over 20% Immediately (redstatenation.com) posted 3 years ago by conservativeamerica 3 years ago by conservativeamerica +52 / -0 25 comments share 25 comments share save hide report block hide replies
Dogecoin is a hustle. He is trolling by promoting it. Normies eat it up and pump the price. They don't get that Doge was created as a joke.
Yep. It's a fiat crypto with no cap. Mining-rigs go brrrr. (There are lots of cheap, even free, coins without this limitation.)
Actually, it's going to take until 2025 for the amount of Doge to become more then the amount of federal reserve notes. This leave plenty of time to update Doge and set a cap like you had with Ethereum.
"This leave plenty of time to update Doge" -- Sure, and they could include an ounce of real gold with each one they sell!
Anybody can fantasize anything, but there's no indication that those running Doge have or will have any intention of capping it.