Comment Re:Dogecoin (Score 2) 357
Dogecoin is different - its not a speculative 'currency' like Bitcoin wants to be.
Dogecoin knows this should not be taken too seriously, it also is an inflationary-based coin, ie you can always mine motre, so anyone who is hoarding coins will find their value falling over time (see bitcoin which was designed to become more expensive over time which encourages hoarding), and as a result means Dogecoins are meant to be spent.
So Dogecoin is the only true virtual currency as they are really used for simply, tiny transactions (eg reddits tip jar). Others like BC are corrupted by people thinking they can make a quick buck, or like NorrisCoin, run by scammers hoping to be top of a ponzi pyramid.
Actually, Dogecoin is still deflationary, just not as bad as all the rest. There are 100M Dogecoin in the first batch and ~5M/year afterwards. Since the number is fixed, the inflation rate goes down- it's 5% the first year, but only 2.5% 20 years from now. The world's GDP growth is running about 3%, so assuming that's constant (yeah, yeah) Dogecoin will turn deflationary in about 15 years and accelerate after that.