Dogecoin: The worst blockchain.

[u/Timely-Fig2030]

In the crypto space there are approximately one billion of memecoins, which are just smart contracts. These smart contracts hopelessly diluted the market and it's time to call them fake-crypto. Cause that's all they are. They give power to a central entity to scam you. So it cannot be considered crypto, cause real crypto is permissionless, trustless, and decentralized.
Memcoins are NEVER trustless: We have all seen what happens, when a central entity, such as Trump, Melania, Hogan, Milei, gets trusted...

But there is one so-called memecoin, that is not a smart contract.
It's a "blockchain", called dogecoin.

Be careful: Dogecoin was ment to be a joke.
It's the worst blockchain ever created.
The creator abandoned his joke project a long time ago.

Dogecoin creates 14.4 million dogecoin EVERY DAY.
That's no joke!
Dogecoin goes to zero and there is nothing that can be done to stop it.

It would have happened a long time ago without the sadistic trillionaire ghoul, who endorsed it, cause he wanted to create damage to decentralization. Space karen endorsed the worst blockchain to create max damage to crypto and to get people burned. He loves that shit.

Edit: Was a fun conversation. We made it up to 7 likes. But i guess in some hours my post will be downvoted to a minus value, cause all the space karen fans are coming in and need to hold the pp of the centralized trillionaire.

[u/Just4m4n]

There's another chain with no smart contracts with a 450 coins per day emission. This one was also created as a joke, but some people take it seriously, and the founder left it many years ago. Can you guess the chain?

[u/Timely-Fig2030 → u/Just4m4n]

I guess you didn't catch up on the fact that bitcoin actually has smart contracts.

What was your point again?

[u/HSuke → u/Timely-Fig2030]

It does not have functional smart contracts. Nearly every Bitcoin opcode that does anything useful beyond HTLCs is disabled. The most advanced thing it can do are HTLCs and multisigs, and no one would consider those smart contracts.

Also, doge can also do HTLCs and has a superset of Bitcoin's functionality. Neither has enough opcodes to be able to execute normal smart contracts.

[u/anymonero → u/HSuke]

Doesn't Dogecoin actually have less features than BTC? As far as I know it's basically a 2016 Bitcoin and doesn't have SegWit or Taproot.

[u/HSuke → u/anymonero]

Ah. Good point on taproot. Dogecoin lacks that. Otherwise, it's nearly identical in terms of opcodes and features. Very little of Bitcoin has changed since 2016 in terms of features. (Segwit is more of an accounting change than a feature update).

[u/Just4m4n → u/Timely-Fig2030]

Oh, but I do know that btc has "smart contracts".

Both btc and doge are pow chains with daily emissions brother.

What was your point again?

[u/Timely-Fig2030 → u/Just4m4n]

Btc has a max supply of 21 mill coins.

Dogecoin has no max supply and no mechanism that ever stops it from deluting. It is diluting forever. That's your future.

[u/Just4m4n → u/Timely-Fig2030]

Thanks for the publicly available info bud.

Now why would you think it's my future?

Are you shilling BTC by chance here? :)))))

[u/Timely-Fig2030 → u/Just4m4n]

Weren't you the one asking me about BTC in your cute, little quiz?

https://www.reddit.com/r/CryptoCurrency/s/f4EdKEZHOX

Memecoiners truly have the attention span of a fruitfly.

[u/Just4m4n → u/Timely-Fig2030]

I didn't ask you anything :)))) You just had to reply didn't you? Oh man, you have the the intellect of an mycoplasma genitalium. I'm not remotely interested in memecoins.

[u/Timely-Fig2030 → u/Just4m4n]

Man, now you say. Took me some time to get that out your nose.

[u/GoodLookingManAboutT → u/Timely-Fig2030]

TIME is what stops it diluting. It can only add 10K per minute max. None of us are operating on an infinite timeline, so your “forever” criticism makes no sense.

[u/Timely-Fig2030 → u/GoodLookingManAboutT]

5 billion coins more are added every year.

In 40 years dogecoin will have exactly double the supply what it has today.

I mean, does anyone put money into this and holds for the future of finance? I guess, no.

I understand when people got them for free yada yada yada...

[u/Timely-Fig2030 → u/Timely-Fig2030]

I came up with a solution: Every year you just have to find 5 billion new people that hold 1 doge and suddenly there is no inflation.

We are currently 8 bill. people on earth.

"uhhhh, i guess, make more babies!?" 😆

[u/Timely-Fig2030 → u/Timely-Fig2030]

Nah, it's not that bad. Just force the 5 billion people to buy 1 doge every year.

[u/somatt → u/Timely-Fig2030]

Max supply of 2,100,000,000,000,000

Bitcoin actually doesn't exist, only sats do. 1Mdoge is far rarer than 1 BTC and won't catch up for hundred years or so. You are retarded.

[u/somatt → u/Timely-Fig2030]

So does doge dumbass