Crypto Currency

Three Comparisons between Dogcoin and Bitcoin

In the digital currency investment and speculation in this piece, I inadvertently on Mr. Jahn’s Noah’s Ark, but also posted two dead long, dead long, annoying bit dream dog dream, this dream not only did not let everyone awake, but in turn, let the digital currency fans headache, which this one will be dry, say something blunt: in the end to buy a doggy coin good? The first thing I’d like to say is that I don’t know if I’m going to be able to do this. I’ll just give you a PK:

1. Decentralization and fairness of currency holdings: bit>dog, weighted 10%

acceptance is higher than all other currencies.

From the bitcoin rose to 1 yuan after the birth of all the electronic currency, we have to determine that they are basically copying and imitating and plagiarizing the idea of bitcoin, which may be more perfect or more adaptable to the needs of the future development of the society, but in its starting point, we have to doubt the “use of their own mastery of advanced computer algorithms and encryption technology, to create a currency, and their own first to stock enough money to meet the needs of the society. The shadow of “using your own advanced computer algorithms and cryptography to create a cryptocurrency that you will be the first to stock up on and cash in on when the hype builds up, or to leave a gap in the blockchain technology that will allow you to confirm your own success in mining,” will always loom over all new coins created after 2014.

And already with Bitcoin and the many digital currencies that were created within 2013 before the soaring frenzy hit, there are more than enough, and the subsequent torrents are: one, redundant, and two, never pure in purpose and never trustworthy? I really hope I’m right about this (to be confirmed), then we have an easy choice, and it’s enough to just give our attention to Bit, Lite, Dog, Ripple, etc.

In terms of decentralized fairness and impartiality, perfect discrete, universal participation, pedigree purity, original innovation, high profile, and pioneering recognition, Bitcoin is the equivalent of God, and those who come after it should always respect and look up to its back, then Dogcoin should be happy with itself: catching the last train that is not suspected and rejected.

2. Real-world applications and social acceptance of trust: bit>dog, weighted 10%

From 10,000 bitcoins for $25 pizza coupon back in 2010, bitcoin has opened the exchange function of the digital currency journey, and at that time, the understanding of the Satoshi Nakamoto blockchain technology cryptography, is still limited to the computer network geeks class, the general public think: what bitcoin ah? It’s either a brain fart or a “Ponzi” scam!

With the further popularization and expansion of Bitcoin applications in 2013-2014, under the demonstration of the moderate acceptance of Bitcoin by Microsoft, HP, and DELL, all those pioneering companies related to finance and investment, the network economy, the information industry, high-tech and globalization have incorporated the acceptance of Bitcoin into their planning for how to activate their business operations and sales processes and expand their impact on the future of society. payment of Bitcoin.

Dogcoin started late, in addition to bounties, tips, charity, donations and other small activities, in the application of dogcoin expansion, always a little bit of dogcoin price is very low and “loud thunder, small raindrops,” style, every time a powerful donation are tens of millions of hundreds of millions of dollars, causing the eyes of the community to focus on the real amount of money always Shy to see people, so that the strength of the big brother read, there will always be “children playing house” feeling and doubly upset.

So in the real application of the real degree, in the digital currency ultimately act as acceptance and payment of the degree of trust, Bitcoin first to seize the psychological and high profile speculative capital attention to the high point, dog coins to catch up with Bitcoin’s current social impact, but also really need a long period of running.

3. speculative capital attention: bit>dog, weighted 10%

Today we are immersed in the network era, thanks to the trillions of speculative funds around the world before and after 2000 flocked to invest. Without the year in order to not see the profit model of the eyeball economy and the countless investment in the sacrifice of heroes, without many network companies overnight into nothing the baptism of blood, without the Nasdaq index from 5000 points down to 1000 points nightmare memory, there is no undersea fiber optic cables and broadband, as well as omnipresence of the information age, so the attention of the speculative capital has become the new industry of all today! Whether or not the ultimate success of the prerequisite.

The current digital currencies are like the dot-com creation of 2000 years ago.

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