Dogecoin creator Billy Markus, known for his sense of humor, has unexpectedly proposed the idea of creating a DOGE strategic reserve for the United States. And while it sounds like a meme, in an era where memes are becoming reality, the question “why not?”
Bitcoin: A Success Story to Follow?
Since the early 2020s, Bitcoin has become more than just a digital asset. Today, it is officially included in the strategic reserves of several countries and corporations. For example, MicroStrategy does not just keep BTC on its balance sheet, but has turned it into the company's financial strategy. Even El Salvador has made Bitcoin an official currency.
But why BTC?
Limited issue: 21 million coins - and not a satoshi more.
Infrastructure: Established network supported by global decentralization.
Trust: Institutional investors see Bitcoin as "digital gold."
Dogecoin:
Created as a joke, it has had its ups and downs, but has always remained in the spotlight. What is its strength?
Community: One of the most loyal and active communities in the crypto world.
High Liquidity: Despite skepticism, DOGE is traded on all major exchanges.
Opinion Leaders Back: Elon Musk continues to fuel interest in the meme coin, calling it "the people's cryptocurrency."
However, DOGE is not Bitcoin. Its inflationary model, where emission continues indefinitely, makes it more similar to the US dollar than to gold. This, by the way, is an argument in favor of the reserve: a steady replenishment of the reserve can be useful for the financial system, especially in the context of fiat currency instability.
Reality:
If the US is indeed creating a DOGE reserve.
This could:
Reduce the volatility of the coin, making it more acceptable for payments.
To create a precedent where memes become part of the global financial system.
Strengthen the connection with digital generations who see cryptocurrencies as the future of the economy.
The primary purpose of strategic reserves is to preserve value, not participate in the meme lottery. DOGE, despite its popularity, remains a highly volatile asset with minimal institutional trust.
Billy Marcus may have said it as a joke, but aren't jokes engines of change?