posted on Apr, 14 2021 @ 02:06 PM
Here’s an excerpt from the doge Reddit.
But don’t feel I’m promoting it.
The entirety of this OP was to congratulate those holding for not giving into the FUD.
Ppl should do what they want with their loot.
"It is not 5% inflation. there is a static amount of 5.256 billion coins generated each year. The total amount will increase each year, but the amount
generated, that being 5.256 billion, is static. This means that the inflation rate actually constantly decreases each and every year. It will
eventually have less inflation than even fiat and will continue to decrease. basically the total number of coins will continue to increase but the
amount generated per year will always be the same. For example. (5 divided by 100 = .05%) next year (5 divided by 105 = .047%) next next year (5
divided by 110 = .045%) As you can see, the inflation rate actually decreases each and every year. Not only that constant dogecoins are lost as people
forget passwords or computer failures. Our price is relatively stable and our network is stable due to not having a hard cap on coins and we actually
have a soft deflationary model."
Reddit post