DOGE:
Attention Dogecoin fans! Is Dogecoin about to become 'scarce'? One of the founders of Dogecoin, Billy Markus, has made a statement that has shaken the entire cryptocurrency space! We need to talk about the story behind this.
'Scarce' sounds quite mysterious, but simply put, it means that Dogecoin is going to become rare. Billy Markus has proposed a plan to make the supply of Dogecoin no longer as 'generous' as it is now. First, those big-name programmers need to tweak some settings on GitHub. Then, the community members and miners need to come to a consensus, after all, Dogecoin is something we all play with together.
Currently, the total amount of Dogecoin is as high as 100 billion, and 5 billion will be added each year. Although the new amount is fixed, in relation to the total supply, the proportion will slowly decrease. This is different from Bitcoin, which has a total cap, while Dogecoin can theoretically continue to increase indefinitely. However, Billy Markus also mentioned that the rules for Bitcoin can be changed too; these blockchain things are quite flexible. He even predicted that the design of Dogecoin might be more reliable than government-issued currency in the future!
Imagine if Dogecoin really becomes scarce; the Dogecoin we hold could become more precious. Of course, whether this plan can succeed depends on whether the community and miners agree. But in any case, this is a topic worth our attention.
What do you think about the future of Dogecoin? Are you optimistic about its transformation into scarcity, or do you think it's just an unattainable dream? Come and share your thoughts in the comments! Don't forget to like and comment, keep up with my pace, and let's explore the world of cryptocurrency together!
