RE: Dogecoin Millionaire: Investment food for thought and the fascinating story of the emergence of the "Doge."

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scrilla (44)in #dogecoin • 7 years ago

I've thought about becoming a Dogenaire, but I just can't see it reaching $1 since there's an unlimited supply

7 years ago in #dogecoin by scrilla (44)

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kafkanarchy84 (74) 7 years ago

Technically speaking, isn't there an "unlimited" supply of a lot of tokens out there, including Steem?

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scrilla (44) 7 years ago

Yeah technically speaking, but Steem has planned for inflation so that it will taper off over time. Dogecoin was designed not to be deflationary. There's a good article on it here: https://www.dailydot.com/business/dogecoin-no-mining-limit-infinite/

robbieretard (48) 7 years ago (edited)

exactly, never can it reach a $1 not with a current supply of 109,799,737,211 but I should never say never.

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