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RE: Why Do People Keep Buying Doge?

in LeoFinance4 years ago

A question worth a billion:
What problem does that coin (doge) solve?

I'll return with generous reward to who gives me the right answer. Which I can understand and trust.

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hehe i will give an extra something as well too

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Since it's inflationary, people are more likely to spend it than bitcoin. Since it's fees are lower, people are more likely to tip or donate with it than bitcoin. Obviously lots of crypto can do the same thing (and probably even better), but for whatever reason, speculators have decided that dogecoin is the one to pump. Do I understand why? NOPE, not one bit.

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It provides an avenue for those disenchanted with society and finance to vent their frustration and send a message to mainstream finance.

I.e.the problem is, how to send a message to mainstream finance. Answer: pump up the price of a coin made as a joke.

Well that's the best I have..so it was worth a try

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DOGE solves scalability.

But I also like ease of use, low friction, large user base, and massive brand equity.

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