Re:Dogecoin and the Appeal of Small Numbers
by dragontamer on Wednesday January 22, 2014 @07:28PM
(#7106332)
Which is fine, because Dogecoin is not designed to be a longterm store of value.
As far as I'm concerned, Dogecoin having more Transactions / day makes it far far more successful than BTC. BTC, despite being a better store of value, is literally affecting fewer people, because everyone is so obsessed with hoarding the dang thing.
Dogecoin takes the whole approach and makes a joke of it... and that is why it will be a perfectly fine transaction medium.
As far as I'm concerned, Dogecoin having more Transactions / day makes it far far more successful than BTC. BTC, despite being a better store of value, is literally affecting fewer people, because everyone is so obsessed with hoarding the dang thing.
Dogecoin takes the whole approach and makes a joke of it... and that is why it will be a perfectly fine transaction medium.