So I’ve seen memes about Doge getting to 1$, I’ve seen posts “hooray-ing” about the spikes, I’ve seen many memes about people buying Lambos and quitting their jobs and wearing pimp suits. Several of these memes have gotten thousands of upvotes. To me, this indicates without a shadow of a doubt that we are all looking greatly looking forward to seeing the price of Doge going up. Even seen posts of people who’ve put tens of thousands of dollars into Doge waiting for the awesome day that Doge spikes and they see massive gains. Again, this tells me that we are all hoping that the price of Doge goes up so we can all see returns.
I’ve put out a couple of posts regarding some critical analysis of *how* we can potentially achieve those gains, how to potentially achieve getting Doge to $1. Bear in mind that I do this because I’ve had many conversations about both the pros and cons of Dogecoin. Bear also in mind that I’m thinking critically and coming up with ideas to share with the community because I have stake in Doge– I have bought Doge. And I care about my investments; to which I’m sure you all do too.
Now every single one of my posts that talks about creating a demand for Doge is criticized because the alleged philosophy of Dogecoin is much more altruistic: a digital, decentralized currency available to everyone who wishes to buy it. Cool, I’m down for that. But an infinite supply of Doge will create the opposite of demand, and continue to drive *down* the price of Doge, which is in *direct contradiction* to the most popular posts on this sub.
So the *question I have for you all:* Do you wish to see the price of Doge go up?? **Or** do you wish that Doge is made available to all? Because the basic economic principle of “Supply and Demand” unfortunately prevents those two things happening in tandem.
If the answer is the former, then the *only* way for that to happen is by *creating* a consistent demand, which is *unobtainable* if there is am infinite supply. If the answer is the latter, then I expect to see a decline of materialistic posts about Lambos and houses and suits and retirement and Doge getting to $1, because that would be effectively impossible and certainly not altruistic.
If you read this far, thank you for your time. If you care to give me your thoughts, I’d sincerely appreciate it for the extra time you took for the sake of knowledge.