Hey Everyone!
What's up with this Dog thing?
I don't know what Elon Musk's motives are to tell people to buy #doge, but I am concerned a lot of people are going to lose money.
I'm totally an advocate of Free Markets, but Doge is the Dog of crypto. It's a joke coin. We love it, it's a meme. It's not an investment.
It has unlimited inflation, which probably makes it seem comfortable to those of you who are used to USD. (snark)
It is accepted almost nowhere as a currency, the project has no development team and this is a classic pump and dump.
I love crypto and I'm glad so many people are getting exposure, but don't invest more than you can afford to lose.
Ha... It's the new, exciting world of Cyber investing. Nothing need be real :>)
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Yeah, that's pretty much a shitshow.
But here's a cool side story: Many many moons ago when I was a total noob, I spent some time playing around with crypto faucets... of course it was a complete waste of time; I ended up with about 1600 Doge that were worth maybe $3.00... so they were just sitting there, and I just got to cash them out for about $120.00. Wow, Such Fun!
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