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航哥观点：BTC 100万美金、DOGE 5美金
数字货币坚定持有：比特币、狗狗币、
美股：特斯拉、位策略MSTR、英伟达
实物：北京房产、黄金、茅台酒
只持有真正有价值的资产，每个周期不断上涨
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Hangge is a professor of Finance and Web3 at Peking University
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Doge is still in its infancy stage; if you still don't understand, we will soon enter the adolescent stage. If you still don't understand, you can come back during the mid-life stage, just like BTC is now entering its mid-life stage. Most young women feel that at this age, income is stable and they seek security by marrying middle-aged men.
#doge #Dogecoin有大事即将发生
#doge #Dogecoin有大事即将发生
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DOGE is the people's BTC
doge, driven by Musk, competes with the Fed for global minting rights —
will eventually triumph, so that everyone does not have to bear the heavy burden of the minting tax
The minting tax is the dilution of everyone's assets by the excessive issuance of paper money, requiring 15 years of income to pay the minting tax over a lifetime of 40 years of work
——Captain Hang
doge, driven by Musk, competes with the Fed for global minting rights —
will eventually triumph, so that everyone does not have to bear the heavy burden of the minting tax
The minting tax is the dilution of everyone's assets by the excessive issuance of paper money, requiring 15 years of income to pay the minting tax over a lifetime of 40 years of work
——Captain Hang
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DOGE still has 10 times to go 1doge=5 USD --- Captain Hang
The biggest problem with $DOGE currently is that its market cap is not large enough.
No joke, here are my recent thoughts on $DOGE and this cycle of MEME market.
If after this cycle, $DOGE surpasses $ETH to become the second largest cryptocurrency by market cap, I would not be surprised at all.
1/ Musk's social experiment
I have always believed that the tech nouveau riche New Money represented by Musk is conducting experiments to disrupt existing sovereign currencies, or they are simply conforming to the times.
Using $BTC and $DOGE as weapons, to seize control of the dollar from the Old Money like the Federal Reserve.
No joke, here are my recent thoughts on $DOGE and this cycle of MEME market.
If after this cycle, $DOGE surpasses $ETH to become the second largest cryptocurrency by market cap, I would not be surprised at all.
1/ Musk's social experiment
I have always believed that the tech nouveau riche New Money represented by Musk is conducting experiments to disrupt existing sovereign currencies, or they are simply conforming to the times.
Using $BTC and $DOGE as weapons, to seize control of the dollar from the Old Money like the Federal Reserve.
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Truly smart people do not engage in the so-called "buy high, sell low" trading
Engaging in the so-called "buy high, sell low" trading,
after a few times will only result in having less and less of the big pie in hand, looking back it's just buy high, sell low
Engaging in the so-called "buy high, sell low" trading,
after a few times will only result in having less and less of the big pie in hand, looking back it's just buy high, sell low
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Bitcoin Deflation Principle: A large amount of Bitcoin has been lost in the past, and now a small amount is lost globally every day. If your cold wallet is accidentally lost, or if someone unexpectedly passes away, it can result in Bitcoin disappearing. Bitcoin may be permanently lost and cannot be traded again, thus, Bitcoin essentially becomes less. Many exchanges define accounts that have not been traded for over 5 years as likely belonging to individuals who have unexpectedly passed away or are incarcerated, and this portion of assets temporarily belongs to the exchange.
Understand the inflation principle of Dogecoin and its future direction in 1 minute
Dogecoin DOGE issuance mechanism, I and GPT
Dogecoin increases by 10,000 coins per minute, with an annual increase of 5 billion coins. At the current price, this year’s inflation of Dogecoin is 200 million USD, with an inflation rate of around 3% per year, which is endless and has no upper limit, but is acceptable. Bitcoin's deflation is good, and Dogecoin's inflation is good.
You said:
Is the annual issuance of 5 billion coins issued daily or concentrated?
ChatGPT says:
ChatGPT
The issuance of Dogecoin is gradually carried out through blockchain rewards every day, rather than being a one-time event.
Specifically, the block time of the Dogecoin network is approximately 1 minute, 10,000 DOGE.
Dogecoin increases by 10,000 coins per minute, with an annual increase of 5 billion coins. At the current price, this year’s inflation of Dogecoin is 200 million USD, with an inflation rate of around 3% per year, which is endless and has no upper limit, but is acceptable. Bitcoin's deflation is good, and Dogecoin's inflation is good.
You said:
Is the annual issuance of 5 billion coins issued daily or concentrated?
ChatGPT says:
ChatGPT
The issuance of Dogecoin is gradually carried out through blockchain rewards every day, rather than being a one-time event.
Specifically, the block time of the Dogecoin network is approximately 1 minute, 10,000 DOGE.
See original
Understand the inflation principle of Dogecoin and its future direction in 1 minute
Dogecoin DOGE issuance mechanism, I and GPT
Dogecoin increases by 10,000 coins per minute, with an annual increase of 5 billion coins. At the current price, this year’s inflation of Dogecoin is 200 million USD, with an inflation rate of around 3% per year, which is endless and has no upper limit, but is acceptable. Bitcoin's deflation is good, and Dogecoin's inflation is good.
You said:
Is the annual issuance of 5 billion coins issued daily or concentrated?
ChatGPT says:
ChatGPT
The issuance of Dogecoin is gradually carried out through blockchain rewards every day, rather than being a one-time event.
Specifically, the block time of the Dogecoin network is approximately 1 minute, 10,000 DOGE.
Dogecoin increases by 10,000 coins per minute, with an annual increase of 5 billion coins. At the current price, this year’s inflation of Dogecoin is 200 million USD, with an inflation rate of around 3% per year, which is endless and has no upper limit, but is acceptable. Bitcoin's deflation is good, and Dogecoin's inflation is good.
You said:
Is the annual issuance of 5 billion coins issued daily or concentrated?
ChatGPT says:
ChatGPT
The issuance of Dogecoin is gradually carried out through blockchain rewards every day, rather than being a one-time event.
Specifically, the block time of the Dogecoin network is approximately 1 minute, 10,000 DOGE.
See original
DOGE has a limited issuance in a limited time and unlimited issuance in an unlimited time, which is both an advantage and a disadvantage. Dogecoin has inflation, while Bitcoin is deflationary.
Currently, and for about the next hundred years, Dogecoin's operation is similar to that of most other crypto assets and will continue to be so. The 'capped' assets are far from fully mined - and will continue to increase their supply in the foreseeable future, just like Dogecoin.
Dogecoin's supply is not infinite, as its issuance per block, per day, and per year has absolute limits - just like other currencies. The only difference is that Dogecoin's issuance does not have an end date. Therefore, Dogecoin is only 'infinite' in 'infinite time'. In a limited time, its issuance is actually limited.
Issuing once a year is to pay miner fees and ensure network security. Other blockchains, like Bitcoin, will theoretically completely stop annual issuance by 2140, at which point they will need to find a way to secure their network (if it still exists), otherwise, the design of their consensus mechanism will need to change drastically. In short, setting a cap on Dogecoin would make the network insecure and vulnerable to attacks. #doge⚡
Currently, and for about the next hundred years, Dogecoin's operation is similar to that of most other crypto assets and will continue to be so. The 'capped' assets are far from fully mined - and will continue to increase their supply in the foreseeable future, just like Dogecoin.
Dogecoin's supply is not infinite, as its issuance per block, per day, and per year has absolute limits - just like other currencies. The only difference is that Dogecoin's issuance does not have an end date. Therefore, Dogecoin is only 'infinite' in 'infinite time'. In a limited time, its issuance is actually limited.
Issuing once a year is to pay miner fees and ensure network security. Other blockchains, like Bitcoin, will theoretically completely stop annual issuance by 2140, at which point they will need to find a way to secure their network (if it still exists), otherwise, the design of their consensus mechanism will need to change drastically. In short, setting a cap on Dogecoin would make the network insecure and vulnerable to attacks. #doge⚡