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Dogecoin is considered an indicator of people's foolishness and its creator, known as Shibetoshi Nakamoto, humorously discusses the value of doge for society. Dogecoin serves as a good indicator of how unintelligent people become. If you take offense to this statement, then you are not foolish enough to be involved with cryptocurrencies, wrote Nakamoto. He also shared a screenshot of a forum conversation where a user in 2012 confirmed that doge was intentionally made foolish. Additionally, Nakamoto criticized all forms of money.
It is evident that Nakamoto views dogecoin as an indicator of human stupidity because it reflects people's desire to invest in a useless asset. On February 26, doge experienced a bull rally, increasing by 59% in a week. Based on Nakamoto's position, one can assume that humanity has become significantly more foolish in these seven days.