I was nodding along until this, which lost me: > The entire stream of 10,000 Doge rewards is known ahead of time. The market therefore factors all future minin

I was nodding along until this, which lost me: > The entire stream of 10,000 Doge rewards is known ahead of time. The market therefore factors all future mining-related sales into Doge's current price. So if you own some Dogecoin you never experience anything akin to "sell pressure." It's already priced in. You get to consume Dogecoin as-if it was free. This doesn't make sense and I don't think it's right. I think all holders of Dogecoin do experience sell pressure, caused exactly as described, by the need for miners to sell to pay their electricity bills. But it is balanced out (temporarily) by the greater-fool force. It is the latecomers who pay for all the mining that came before.