Quote:
Originally Posted by jscott
We can compare if you'd like.
1, Bitcoin has active devs, Doge does not.
2, Bitcoin does not rely on 2 humans to control it's price
- 1.) Elon and his tweets
- 2.) the person who controls this wallet (he owns 1/4th of Doge supply)
3. Bitcoin is secure, do you know what makes Doge secure or not?
4. Doge is an altcoin, alts have a history of coming & going, dying, scamming, disappearing, rearranging from 100th biggest to 5th, or 10th to non-existent (check history of Coinmarketcap, see what were the top 10 3 years ago, 5,, 8 etc)
5. Dogecoin supply is designed to expand forever. Bitcoin is finite.
List goes on, but there's a good quick start
Love to see all gamblers winning, I just find it hard to see any value in Doge and most alts, that's why I don't hesitate to point out fun facts like this 
|
1. Doge does have active developers.
2. Yes that big wallet is probably the biggest issue with Doge IMO. But as to your other point, It's not just Elon, many people are involved and many many more are getting involved.
3. I'm pretty sure, Doge is pretty secure (and yes I wanted that to rhyme).
4. Good points. But, Bitcoin can of course also swing wildly (as you know)!
5. "Expand forever" is one of those buzzwords y'all anti-dogers love to use to scare people! I don't remember the exact # of years (either 25 or 35), but dogecoin's supply can, at the
most,
double within the next 25 or 35 years.. so it's not just going to wildly expand forever.
Here's what Elon Musk said about that:
"Doge appears to be inflationary, but is not meaningfully so (fixed # of coins per unit time), whereas BTC is arguably deflationary to a fault.
Transaction speed of Doge should ideally be a few orders of magnitude faster."
Here's what Mark Cuban said about that:
"Any asset that has inflation by definition is “infinite” [b]ut that doesn’t diminish it. It changes the utility from store of value to potentially a digital currency. It’s the fact that they create 5b a yr that keeps the per coin price low, which makes it more accessible
Mark Cuban
@mcuban
This is exactly why people will buy physical products with doge coin and not with btc and rarely with eth. It’s hard for someone with $100 to get excited about owning a fraction of btc or eth. It’s easy with doge. When it appreciates that makes those items easy 2 buy"
So yeah, bitcoin is the new digital gold/store of value. You'd agree on that right?
People are already transacting with Doge and the # of merchants accepting it as a form of payment is only going to increase this year (probably exponentially so).