this post was submitted on 28 Dec 2024
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So fitting as DOGE is named after a literal pump and dump shitcoin.
More like a memecoin. DOGE was pretty fun until dipshit Elon hijacked it.
How was it fun?
It was originally created as a parody of Bitcoin. The Doge community used to be mostly people making fun of crypto "investors".
It was fun when it was just pictures of dogs and not a coin
It was just a meme at first mostly making fun of Bitcoin. The community made a lot of funny content and really didn't take itself seriously. What it is now is a polar opposite of what it started as (including its creator)
Okay but that is all well before Elon joined, so how was it fun until then?
I can't really speak for that
Iirc it started as a joke. Then musk thought he'd make it cool.
I remember mining it way back in 2015. The community was super fun and lighthearted. Nobody really cared about actually buying stuff with it outside of memeing about it becoming a serious currency. Apparently the creator is full MAGA now though which is sad
I did a bit of mining, too. Not with the expectation of any great profit, just for fun and the experience with cryptocurrencies. And if it should take off, even better.
The whole community reminded me a lot of the good old days of memes, not taking itself too seriously, being very helpful and positive. A stark contrast to all the crypto bros pushing other coins and looking down on Doge.
Of course, then the dipshit-in-chief started promoting it …
Yes, and perfectly named because:
Dogecoin is an inflationary cryptocurrency, which means that its supply increases over time. New coins are regularly added to the system through minting and mining. Dogecoin's inflationary system is unique because it adds a consistent 5 billion new coins each year.
It’s both inflationary and a rug puller’s delight.
I was in a band called Rug Puller's Delight.
The first three or four songs of every set were excellent covers of chart topping songs and the rest was a rambling and dissonant 90-minute jazz opera about navel lint.
We never played the same venue twice for some reason.. 🤔
Oh that sounds like a fun time!! Hopefully at good places where the patrons wouldn't get too rowdy about it.
I worked with a heavy (very heavy and growl-ey) metal band that was mis-scheduled with a bar, they had advertised their Reggae night that weekend instead. Many many angry drunk patrons. Did not use that venue again.