3 ms·

Really? Whats the total number of doge that’s going to exist in circulation? For Bitcoin that’s 21,000,000 - lost coins.

• ikt 5y ago
  it doesn't have a cap, it's essentially designed to be a penny stock. 10000 new doge are mined every minute
  • isoprophlex 5y ago
    Because that number is fixed, that does mean that inflation slowly tends to zero as time increases.
    • popcorncowboy 5y ago
      Could you expand on how a fixed rate of monetary issue would drive inflation to zero? Aren't there other factors (e.g. velocity of money) at play? I'm struggling to understand why.
      • isoprophlex 5y ago
        Adding 10k coins to a supply of 10k: 50% value decrease. Adding 10k coins to a supply of 10M: 0.1% value decrease. Etc., meaning inflation is positive, monotonously decreasing, and tending to zero.