Dogecoin co-founder Billy Markus shared how the community can change DOGE's inflation rate by editing the source code and convincing the community to approve it.
Elon Musk responded by saying that DOGE's fixed inflation model is a "feature, not a bug". Musk believes that this model makes DOGE suitable as a payment currency because it is less valuable than Bitcoin or Ethereum and easier to use.
Currently, Dogecoin has no supply limit, and 10,000 new DOGE are created every minute. Over time, the inflation rate gradually decreases due to the increase in total supply.