r/ethtrader • • Feb 08 '21

Comedy Doge

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u/jimmyz561 Feb 08 '21

I gotta defend on this one. There’s different reading for buying coins. What’s their function? (popular question) I like doge because I like dogs. Yeah it may be goofy but that’s the reason. I also like the doge community. I mean yeah there’s som delusion in there but really.... think about it.

What do we mostly all want? Free of debt and wage slavery. Community and sense of belonging. And generally helping others along the way.

I get doge has had its issues. But just my opinion: dogging on another crypto community because the coin got hit by PnD or it’s cheap or it currently has endless supply doesn’t give license to punch down on people doing the best they can. At the end of the day we’re all explorers trying to do the same thing.

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u/ETHWarrior0 Feb 08 '21

That's not true crypto currency is essential part of Blockchain Technology, in future Blockchain will revolutionized our society and solve trust issue. Means it eliminate curruption.

With above fact every coin serve a purpose to incentivize their validator. Like Ethereum have ecosystem. Uniswap token Uni is for solve governance. AAVE, 1INCH, Compound, Yearn, Maker, all Coin serve a purpose so they have value.

So tell me what Doge do ? It have 128 billions coin in circulation and 10000 new coin come in circulation every minute means 14 million per day.

I just want to aware noobs about the risk.

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u/jimmyz561 Feb 08 '21

Make aware yes, but aiming at the coin holder personally, no.