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Dogecoin is just made up money with infinite supply... (media.greatawakening.win)

posted 3 years ago by ostof 3 years ago by ostof +374 / -0

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– Qlueless 2 points 3 years ago +2 / -0

Sorry, what is it backed by? You could say it's a medium for exchanging labor but it's printed and given to people that do not perform any labor.

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– txdrew 1 point 3 years ago +1 / -0

Paper notes and the fed. Decentralized crypto has neither. Our acceptance of the currency is the only thing that gives it value.

Not an expert, just shower thoughts.

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– Qlueless 1 point 3 years ago +1 / -0

Decentralization and a finite supply. Fiat money has neither. Our acceptance of the crypto is also the only thing that gives it value.

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