Dogecoin may be the most rawest form of crypto and to some extent value. 

It took me a really long time to appreciate it and since then I’ve found it continually fascinating to think about what it says about how we organize ourselves and collectively value things.

Regret not minting my thinking from the time

If DOGE would enable a cap to the supply it might be worth buying but constantly being diluted by the emission schedule isn't a gamble worth experimenting with.  The point of crypto was the fixed supply.  DOGE is the Federal Reserve of Memecoins.  Brrrrrr lol

Dilution existing doesn't automatically mean bad, fixed supply also doesn't automatically mean good.

You'll dilute whenever you think the outcome resulting from that dilution leads to more net value.

Building /platinum /jessechrist /basedTVGuide /Basedblockparty

Dilution existing doesn't automatically mean bad, fixed supply also doesn't automatically mean good.

You'll dilute whenever you think the outcome resulting from that dilution leads to more net value.

https://www.paulgraham.com/equity.html

I don’t think that’s a fair apple to apples comparison.  Paul is referring to new money in for dilution where as DOGE has a fix dilution based on time which creates a negative delta if attention is down.  No new money in and more dilution because of time.

would you rather no miners and therefore no doge blockchain, or miners and therefore doge keeps running?

it's the network paying for its operation, which is clearly a good trade for the network and for the miners.

why would memers care about miners? 

meme premium makes a lot of sense, pulling the whole coin as a meme seems like grasping. litecoin has billions of dollars also for no reason, right? is that a meme coin or just how silly crypto works

prev founded rocketr.net, swish.id now exploring cryptoxai with @unbias. expired sprint car driver & energy data engineer. /lazy host shoni_eth.twitter

agree that none of my secondary friends know dogecoin can be mined or where mining would even occur, just that they sponsored a nascar and there is price action. good thread

For the most part they don’t and I would say the miners for DOGE are not the same buyers from TikTok.   I’d even say most coming from socials to buy DOGE don’t even know it’s mineable.  I don’t think Robinhood app tells them or enables them to mine.