HOW DOGECOIN BECAME THE BOOMER MEMECOIN
For the @markets newsletter, I wrote about how Doge is boring old dead money, and why other dog-tokens like Shiba Inu are what's cool right now.
With thoughts from @Lauren_invests and @ericspiegelman
bloomberg.com/account/newsle… $SHIB $DOGE
For the @markets newsletter, I wrote about how Doge is boring old dead money, and why other dog-tokens like Shiba Inu are what's cool right now.
With thoughts from @Lauren_invests and @ericspiegelman
bloomberg.com/account/newsle… $SHIB $DOGE
@markets @Lauren_invests @ericspiegelman Everyone talks about $SHIB like it's just some joke derivative of a joke.
But unlike $DOGE, it has a fast moving development roadmap, its own decentralized exchange, NFTs, and advanced smart contracting capabilities.
And of course it's WAY cheaper nominally.
But unlike $DOGE, it has a fast moving development roadmap, its own decentralized exchange, NFTs, and advanced smart contracting capabilities.
And of course it's WAY cheaper nominally.
Of course, nominal cheapness was for awhile $DOGE's big selling point over Bitcoin and Ethereum.
But it's hard to maintain a cheapness as a sustainable edge, when it's trivially simple for any new project to just add a few zeroes to the total supply.
But it's hard to maintain a cheapness as a sustainable edge, when it's trivially simple for any new project to just add a few zeroes to the total supply.
Even Bitcoiners fret about this point, which is why they continually want people to think in terms of "Sats" (There are 100 million sats in a Bitcoin). It doesn't change anything of course, just like with stock splits, apparently people have an aversion to high nominal prices.
Anyway! Looks like the real flippening could happen any day now. Memecoin community is on the verge of all out chaos if so.
Anyway, sign up for the newsletter.
Tomorrow I'm going to write about crypto or MMT or tungsten or stocks or the Fed or supply chain issues.
bloomberg.com/account/newsle…
Tomorrow I'm going to write about crypto or MMT or tungsten or stocks or the Fed or supply chain issues.
bloomberg.com/account/newsle…
I didn't include it in the piece, but also bear in mind this thread from @Dogetoshi.
$HOOD beat $COIN to listing Doge. But then with Shiba Inu it was the other way round. Coinbase got there first.
$HOOD beat $COIN to listing Doge. But then with Shiba Inu it was the other way round. Coinbase got there first.
https://twitter.com/Dogetoshi/status/1453093555359133705
Lmao
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