Dogecoin (DOGE) Discussion Thread

[Batsute]

That’s not what you asked, you claimed you couldn’t purchase crypto anonymously.

Exactly what I asked breh. Where can I or a non tech savvy rando buy any coin on the conventional web anonymously.

The whole claim to BTC is decentralized and anonymity. Coinbase wants a social and Feds have shown they can follow the ledger.

 

[Master Teacher]

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.

No it's not, you are just repeating buzzwords, you don't even know what the mean

Cryptography has nothing to do with the tokens lmao,

trust me I use to mine crypto, you can find old post of mine supporting crypto, I found out crypto was a scam a few months ago when BTC was still in the 60k range, I been up on bitcoin longer than you

I got a bunch of gpus I was using to mine ethereum now I'm building simulators with them because mining is pointless lmao

 

[that guy]

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?

Your first question is very broad but I’ll use the earlier example of how the internet disrupted the entire commerce industry. Each industry will be affected differently depending on the development of the technology. Think about it, stores like Macy’s and Sears were Titans in the 90’s. People, and when I say people I mean experts, literally laughed at the idea that people would shop online, now those same companies are bankrupt/nonexistent and Amazon is the most valuable company in the world. Take the music industry for example, NFTs have made artists in the music industry millions of dollars and that’s a technology that didn’t even exist 2 years ago. The ability to sell shares of a digital album to generate money virtually eliminates the need to sign to a major label for advance money for artist who already have a following. The technology that will disrupt some industries the most (like NFTS) most likely hasn’t even been invented yet. That’s the purpose of investing in the base layer of these cryptos like ethereum.

Buying etheruem for instance will give you a stake in the technology that will grow over time to be worth trillions because it is a base layer technology on top of which other technologies will be built. Let’s use the iPhone, iPhone apps such as angry birds,Instagram, etc have made people billionaires. The iPhone application is a technology on the iPhone which itself was just created in 2005. And how do you download angry birds? Via the internet aka a layered protocol system which is what ethereum is. Now think about what can be built 20 years from now?

This is why I laugh when people say crypto is a scam. The smartest people/programmers in the world are developing technologies that didn’t even exist just like they developed the same internet/iPhone/computer that people are using to use thecoli but it’s a scam and conspiracy

 

[Trust Me]

I heard only 1000 people control over 40 percent of Bitcoin.

Sounds like the American dollar.

 

[levitate]

shyt is just for illicit transactions and Elon-Musk-Tweet speculation.

shyt is trash.

I made a little bit and got out.

 

[Professor Emeritus]

Creator of Dogecoin speaks out for the first time in 2 years.

Dogecoin co-creator Jackson Palmer isn’t on social media much. After nuking his YouTube channel and turning his Twitter account private back in mid-2019, the software engineer hadn’t made a peep on the platforms at all; not even when prices for his meme-y crypto reached record highs earlier this year. That blackout ended today when Palmer briefly resurfaced on Twitter with an important reminder: cryptocurrency’s a scam and always has been.

“After years of studying it, I believe that cryptocurrency is an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity,” he tweeted out on Wednesday afternoon.

Palmer went on to say that while crypto’s biggest fans often point to it as an equitable alternative to the Big Banks because of the currency’s decentralized nature, the truth is that the two share the same problem: rich people. As he (rightfully) noted, the bulk of the crypto community is controlled by “a powerful cartel of wealthy figures” who are turning decentralized finance into a system that largely benefits those at the top—kind of like the centralized systems crypto claims to replace.

 

[Drip Bayless]

A shytcoin creator saying crypto a scam, color me shocked
In reality ETH is the only crypto that may have any widespread utility
Bitcoin will probably never be anything more than a store of value
Like others in here have stated though blockchain technology ≠ crypto
Blockchain tech ain’t no scam

 

[that guy]

Exactly what I asked breh. Where can I or a non tech savvy rando buy any coin on the conventional web anonymously.

The whole claim to BTC is decentralized and anonymity. Coinbase wants a social and Feds have shown they can follow the ledger.

Coinbase is a KYC exchange they’re literally designed to NOT be anonymous. That’s what decentralized exhanges are for.

Now you’re moving goalposts. First you said crypto isn’t anonymous not you’re saying a non tech savvy person choice be able to buy crypto anonymously. No they shouldn’t. If you don’t understand the technology just buy your crypto on a kyc exchange like coinbase.

Also, I can buy crypto anonymously on coinbase. My wallet doesn’t have my name and physical address attached to it. You can go on the Bitcoin ledger and you won’t be able to know which wallet is mine.

You wouldn’t keep Bitcoin if you wanted to be anonymous from the feds, you would exchange for privacy coins.

 

[ALonelyDad]

fukk this guy, I am down $500 I am gonna rob him

 

[Sonic Boom of the South]

“After years of studying it, I believe that cryptocurrency is an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity,” he tweeted out on Wednesday afternoon.







I said something like this in threads


Lemme read the delusional deflections in here

 

[that guy]

No it's not, you are just repeating buzzwords, you don't even know what the mean

Cryptography has nothing to do with the tokens lmao,

trust me I use to mine crypto, you can find old post of mine supporting crypto, I found out crypto was a scam a few months ago when BTC was still in the 60k range, I been up on bitcoin longer than you

I got a bunch of gpus I was using to mine ethereum now I'm building simulators with them because mining is pointless lmao

How can you say you been up in Bitcoin longer than me when you don’t even know me

Anyone can mine crypto, that doesn’t mean you understand the technology.
Once again, you keep equating crypto assets with cryptography. It’s not the same. It’s a technology that is utilized within the entire system just like blockchains are.

 

[that guy]

“After years of studying it, I believe that cryptocurrency is an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity,” he tweeted out on Wednesday afternoon.







I said something like this in threads


Lemme read the delusional deflections in here

You do realize you could replace “cryptocurrrency” with “dollars” and that statement would read the same...

 

[that guy]

bruh!

Bro I literally laughed out loud when I read that I think he’s trolling

 

[Sonic Boom of the South]

You do realize you could replace “cryptocurrrency” with “dollars” and that statement would read the same...

U could replace it with any word and it would read the same





Would. Not mean the same

 

[that guy]

U could replace it with any word and it would read the same





Would. Not be mean the same

Clearly you can’t read OR write