Why Am I So Mean To DOGE?
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In this video, I discuss the serious reasons why a very unserious crypto like DOGE can never get very far-- and is not a serious competitor to Bitcoin.
Dogecoin has a much lower market cap and daily trading volume than Bitcoin, which makes it less than an ideal candidate for large capital allocators.
In addition, although Dogecoin has faster block time (1 minute, as opposed to Bitcoin's 10 minute block time), it does not offer faster final settlement times. Measured in these terms, it is approximately 11x slower than Bitcoin.
Only Bitcoin can provide neutral, ethical money to 8 billion people.
Not investment advice! Consult a financial advisor.
Even China couldn't stop Bitcoin mining:
https://forkast.news/china-banned-bitcoin-mining-became-no-2-bitcoin-miner/
Dogecoin market cap and daily trading volume:
https://coinmarketcap.com/currencies/dogecoin/
Bitcoin market cap and daily trading volume:
https://coinmarketcap.com/currencies/bitcoin/
Coin has dog meme:
https://i.kym-cdn.com/photos/images/newsfeed/002/367/909/7f3.png
How many confirmations are equivalent to Bitcoin?
https://howmanyconfs.com/
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#dogecoin
#bitcoin
#crypto
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