“I think human civilization is now at the end of industrial civilization and the embryonic stage of interstellar civilization and digital civilization. This is the inevitable process of the overall structure of our human civilization.
Standing at this crossroads, we can think about what currency we will use in the stages of interstellar civilization and digital civilization?
In the interstellar civilization stage, what currency do earthlings and Martians (Martians are our first interstellar colony) use when they trade? People born on Mars actually do not recognize unlimited US dollars or other currencies. Similarly, people on Earth do not recognize the many currencies that Martians use. What should be used for trade settlement? Is gold used for interstellar trade settlement? In the interstellar era, gold is actually not valuable, and its physical properties do not support interstellar trade. Then there is only one option left, that humans (including Martians) use the universal currency of digital civilization. Because the physical space of interstellar humans is inconsistent, but the virtual space is still together. And blockchain technology, in my opinion, is one of the important underlying technologies of human future digital civilization.
From this we can conclude that the digital civilization currency with the strongest consensus and the best mass base will be the universal currency of future interstellar civilizations.
Why not USDT, DECP, etc.? Because they are actually centralized and can be swiped infinitely, and are uncontrollable.
Why not ETH, DAI, algorithmic stablecoins, etc.? Because they are too complicated and novices don’t understand them. Without understanding, consensus acceptance is low. For such a huge mass base of 5 billion, what kind of currency do they need? They are more likely to accept a simple and easy-to-understand one. In this case, decentralized Dogecoin is more likely to succeed than other digital currencies.
Why not Bitcoin?
Because in essence, Bitcoin has already belonged to an elite consensus. From today's perspective, Bitcoin belongs to an aristocratic consensus. First, it is not for settlement purposes, because it is too expensive and too slow for small payments, and few people are willing to use Bitcoin for payment; second, it is expensive, and ordinary people think it is expensive and are unwilling to buy it, so it is not widely spread. Even if the unit of measurement is changed to Satoshi, people still think it is expensive, because people have inertia of thinking. The most important thing is that because of the elite consensus, Bitcoin is actually a niche behavior.
What is the situation with Dogecoin?
Dogecoin is actually a consensus of the masses. The Internet has a network effect, which is actually similar to an ancient saying: He who wins the hearts of the people wins the world. In my opinion, this heart of the people is not the heart of the people in the cryptocurrency circle. So far, there are too few people in the cryptocurrency circle. Dogecoin cares more about people outside the circle, the 5 billion people outside the circle, so the current fan base is just a starting point for Dogecoin. The characteristics of Dogecoin will lead to it winning the hearts of the people first. "
Well, seeing this, you should buy 100 doge without hesitation, dogecoin 😁
