Dogecoin (DOGE) Discussion Thread

Batsute

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You can do much more than invest and the mining problem is why crypto assets are moving towards proof of stake over proof of work. The anonymity factor is not gone.

Breh show me where I can purchase ETH or BTC and maintain anonymity with having to jump on TOR.
 
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The value comes from debt and trust. You take out a mortgage and the bank originates the loan out of thin air and the actual money comes from you going to work everyday to pay down the loan. The money never existed until you started paying on the loan. That same bank could duplicate that same system with any currency.

You have it backwards, the reason you won’t set a $100 bill on fire is why it has value not the other way around :sas2:

Yes that's called the financial system

Crypto isn't a financial system, its cryptography, its used to get a record of transactions and it will be applied to all currency one day, but that has nothing to do with these worthless coins that aren't even coins lmao
 

CrimsonTider

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It is the future

Using words like right wing and hyper-capitalistic is not going to change that

I’m not talking about shyt coins, there are so many real projects involving smart contracts, NFTs, Decentralized finance
It’s not the future

you sound like a bag holder
These coins are basically like stocks. You find a way to invest, make some money and then walk away with your earnings.

Too much money in crypto for it to just disappear like that.

It’s more like gold than stocks
 

BaviKingVA

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after the dogecoin and gamestop shyt, all the others were just empty bs tryna cash in
 

boskey

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Crypto technology is a programming language and layered protocol just like the internet is. Right now you’re looking at a webpage that is really https/http on top of a layer of other protocols. That’s like saying what’s the use case of “the internet” in the 90’s. Now think about this, Amazon is the most valuable company in the history of mankind all from a single https webpage. The most valuable company ever that produced the richest man ever came from a technology that didn’t even really exist 30 years ago. Where we are right now in crypto technology’s development is where the internet was around 1995. People literally said the internet was a joke and nobody would use “a system of connected computers”
But what’s the use case? What industries will benefit from this technology and how will they benefit? And how will buying coins today give you a future stake in those industries?
 

that guy

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Yes that's called the financial system

Crypto isn't a financial system, its cryptography, its used to get a record of transactions and it will be applied to all currency one day, but that has nothing to do with these worthless coins that aren't even coins lmao
But that’s exactly what it is. It’s a decentralized banking system that is growing to much more. The cryptography is a technology that’s is used within that system for security purposes. Crypto assets are a combination of technologies such as cryptography, blockchain, etc. Ethereum for instance uses solidity as a programming langauge. That doesn’t make ethereum just a programming language. It’s simply a technology that is being utilized.
 
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