See the sad this about this is that DOGE could have put a hard cap 100 billion + merge mined with LTC for just the transaction fees, but now these LTC miners get 5.2 billion coins per year for *drum roll* $0 more electricity per year. They are going to dump DOGE in order to try to support the coin they are mining. They would have mined it for the tiny little bits of free coins + the large advertising community without the 5.2 billion coin intensive.
It still blows me away
If the idea of a harder cap is sound and gets enugh support it might be implemented.
Didn't the devs refuse to reconsider the idea?
We just survived a hyperinflation of 100 Billion in one year. 5.2 is nothing.
Are you a Litecoin miner?
They spend nothing more on electricity for DOGE and they are trying to support their dying coin via dumping a coin that has volume.
Jackson wanted 5.2 billion new coins a year to keep miners when he originally said no to Merge Mining.... I think he just got so set in his ways + LTC miners encouraging anything for a hand out to support their old miners = why DOGE is how it is...
DOGE has been planned to fail since the start aka those charts around the DOGE.
Sorry for anyone who lost money with these folks... I did what I could. You can recover a lot of your lost $ using old used May 12th addresses to claim free shit though! So that's a plus! (Feel free to claim, dump for BTC and buy DOGE if you wish.)
