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You say that Dogecoin won't be a real currency anytime soon; it's a real currency now-- people use the damn thing outside social media platforms. It's as real a currency as Bitcoin, it's more accessible to people than Bitcoin, and more people are familiar with it than most other altcoins.

The purpose of money-- fiat money, sound money, digital money, proxy money, imaginary money-- is to be used as a medium of exchange. We don't need to like the specific form it takes, but if people use it, then it's money. Some money is better for large purchases, some money is better for small purchases, some money is better for debt service, some money is better for investing. As long as people accept it, it will be used.

As wonderful as HIVE is, with all its use cases and increasing ecosystem of dApps and its solid fundamentals, HIVE will stay in the background until it's accepted by people outside the network and treated like a contender. Splinterlands is carrying Hive on its back and doing amazing things for fine; however, even Splinterlands can only take Hive so far if people aren't willing to use HIVE. If people don't want to recognize HIVE and transact with each other using HIVE/Layer 2, what more can we do?

HIVE will have its day in the sun and be widely accepted once it is discovered, and then people will understand how superior it is to DOGE. At the moment, DOGE is better than HIVE in the only way which matters above all others: widespread use by the people.

Posted Using LeoFinance Beta

Well I guess you could consider DOGE as a currency but I still don't think it will do well in the long run. I guess having smaller fees might help them but I wonder if people will still choose it once no fee chains start appearing more often.

Posted Using LeoFinance Beta