Dogecoin might be good for micropayments but then again there could be other cryptos that outcompete it in that niche. Personally I think that dog isn't even that cute...I like the much wow language but I think dogecoin could easily go the way of the dodo.
Imho, the most important aspect of Dogecoin is not how convenient it is for micropayments; it's the fact that it is the only crypto which has developped an userbase with values fondamentaly different from all the others. That's what makes it worth something; it has nothing to do with its features which any other altcoin could easily copy.
When buying Bitcoins, I have the impression that I'm contributing to an awesome project which has the potential to bring much change to the world and bring an overdue wealth-distribution that would ultimately empower the people over the corrupt bankers and politicians. However, when doing that, I have the bitter feeling of also empowering leeches who are in this only to speculate and gain fast profits.
That feeling just isn't there when I buy dogecoins, and it feels great to be able to contribute to a community which has the heart required to make the world a better place.
(That reply goes to you to, franky1. A global economy based on one currency is unhealthy; different communities need to have different coins, this makes realising their goals much easier.)
I see Bitcoin as the Roman Republic, with the senate being large holders. It's hard for it to improve itself, as the senate acts according to its interests, rather than those of Rome. I see Dogecoin as the Western Roman Empire: not well-planned, but will form the basis of a successful entity due to its ability to change.
I like your analogy!
holy shit?? Me thinks this will ruin the coin ?
That's equivalent to the amount of Dogecoins mined in less than four days, most of them dumped by multipools. This won't make a big difference, and they probably are sold already.
