99.99 of any cryptos that have ever been out there or are in the space today if you go back to 2013 famously Jackson Palmer sent out this tweet on Twitter saying that he was investing in Dogecoin which was a completely fabricated and made-up name at the time and his friends And sort of the Twitter community and Reddit they all kind of pushed him and got behind him and supported him in creating this actual coin so he went out and he bought dogecoin.com and he built this website out which also caught the attention of Billy Marcus now he came Into the platform and started working with Jackson to build this uh cryptocurrency out as a meme coin and the farther in they got to this the more legitimate the cryptocurrency actually became they started to build this thing from the ground up and they took source code that was already out there and they Looked and examined at what was out there and what they could make better and so they you look at Bitcoin that’s the big dogs it was then and still is that Source was used as a fork not a true Fork that we think of with like Bitcoin cash versus Bitcoin where the Community members disagree on the direction that they should be heading and they hard fork or soft Fork off into something else this is just a source Fork where you take the source code and you modify it and make it a little bit different to meet the needs that you’re Trying to do the vision that you have for your cryptocurrency so they took this source code and they started developing out from Bitcoin obviously it went to Litecoin and from Litecoin they went to Lucky coin and from Lucky coin they use that Source right there which Heavily used s script now this as I’ve covered in another video I’ll leave a link here if you want to know more about that but this source code comes in here and it allows them to really Target a different audience when it comes to miners back in 2013 the Asic miners were Really overtaking Bitcoin and it really was a disadvantage for regular people with a CPU or a GPU to be unable to come in in here in mine and so Litecoin made that famous Fork where they wanted to create this with s grip that allowed and prevented Asic or specific miners that Overtook now hindsight is 2020 we see that that’s still problematic with Litecoin as well but at the time it made sense for Dogecoin to use something like Litecoin if their Vision was a community people-based cryptocurrency you wanted the regular average everyday person to be able to come in here and mine Dogecoin they ended up with an open source decentralized blockchain built around a meme coin to keep things light to keep people interested in it yet not take it too seriously so the Twitter and the Reddit Community could get behind it and they could feel like they could Actually use this thing you could go out and spend it without feeling that that pressure of huddle and when I say pressure I don’t mean from the outside world but from the internal fight that you have you hear stories about people spending their Bitcoin on pizza and Every year we celebrate that day as this stupendous wonderful day that somebody actually used Bitcoin no no every day I spend it analyzing to see what the Bitcoin they spent would be currently worth now had they not spent the money and Dogecoin is here doing just that they’re saying hey you know what Cryptocurrency doesn’t mean anything if you’re not willing to use it yes store value has its own place I have Bitcoin for that and you’re talking about a 60-second block time so they significantly shaved off from Bitcoin to Litecoin and from Litecoin down to Dogecoin you see a significant drop in The amount of time it takes for the block to be created and you say there are faster there are better cryptocurrencies out there for that that’s right something like xrp and I’m not spending that either and it’s and I’m glad I haven’t because here you win that SEC Ripple lawsuit and Bam you Double in price so that’s to me a still a store in value I’m looking at the future in xrp so yeah it can be as fast as it wants I’m not spending it with Dogecoin the way they created was so fundamentally perfect and I know it was For me as a consumer of crypto currency somebody who buys it and somebody that wants to use it because I feel like I can it is the number one cryptocurrency I feel like I can use because I don’t care about it at all and that completely Syncs up with the vision of what the creators wanted to really Hammer home the point they created a hundred billion coins right out of the gate and they also implemented a creation of coins every time they pay the miners so they’d have these 10 000 coins come in for Every block that was mined now look at that piece of inflation and normally we think with most of our cryptocurrencies because of value when we attach the value to it we don’t want to see the crypto inflated we want to see things deflationary we want to see the supply Go down as the demand goes up because we’re thinking about our wallets and with Dogecoin the beauty of it the creators and the founders again thought about currency go out and use it so you have things like Bitcoin and Litecoin even trying to improve on that where They add more but it’s still a finite supply of them and then you have something like Shiba new come in here with tons of cryptocurrency and they Implement things like burn rates in shiberium to try to lower that Supply as the demand goes up because we’re chasing Prices and now the Sheba that I’m holding I don’t want to spend that either because I’m hoping and wanting and wishing that it gets to a penny or it gets to a dollar so I’ve lost that Vision there that of that silliness and cryptocurrency that I can use and now With Dogecoin I haven’t lost that I’m still with the vision that the founders created I’m thinking this is a true currency I can spend not worry about the inflation not worry about the price but whatever it’s valued at whatever it’s worth today I scoop some up and I buy And I pay and I I do whatever I need to in my transactions and it’s done so even as the xrp and the Ripple lawsuit was finishing up I went ahead and bought a quick thing of Doge I shot it over because I couldn’t Buy on my main Exchange at the time of course since then they’ve released on coinbase and Kraken and crypto.com they’ve released xrp to be able to be purchased but I had to send it over to Ledger or uphold I had to then swap it over into xrp to be Able to buy it well I always get Flack and even something like Tick Tock I had comments after comment after comment like why are using Deutsch use your xlm it’s way faster and cheaper you use these other cryptocurrencies but what people fail to understand is I don’t Want to use them because I look at those as a store of value I’m holding those because I think the price of them is going to Skyrocket with Dogecoin what’s the only thing that’s going to drive the price of Dogecoin up you already knew the answer this of course it’s Elon Every single time he puts out a tweet and he claims he doesn’t even own any but if he puts out a tweet It just erupts in price outside of that it’s literally just a meme coin that just sits out there gets used some people accumulate it some people send it out a Few people might even store it might put it in their wallet thinking that it’s going to go to the Moon I buy it because I feel like I can use it and that’s huge and along the way if Elon wants to use it in transactions on Twitter and that’s Going to make the price triple awesome I’ll take that right so a little extra value in my wallet that’s fine but I buy Doge knowing that the supply is so huge that the demand would have to be overwhelming for it to really Skyrocket in price I don’t pay it any mind when I Hear about prices of Dogecoin going to a dollar I don’t need it to I don’t care for it to in fact if it does I’m gonna need an alternate currency that I can spend because I’m gonna start to hoddle that too and I don’t want that to happen I’ve made it no secret that I’m in a deep dive of the top 50 cryptocurrencies by market cap the more you can understand about these cryptocurrencies the better Trader buyer and seller you’re going to be do your own research and I’ve done my own and these are the Documents I found to be the most useful on the internet I’ve collected them all and put them in one spot if you want access to this and more click on that patreon link below it’s only a matter of time before the community tastes the pump from Twitter and elon’s tweets and They see their bag go from six cents to 14 and they start to think about it going to a dollar and they fall for the traps in the news articles that are just clickbait and you lose sight of the fundamental principles for why it was Founded it so much so that us one of the most selfless acts that the one of the founders made was to walk away completely from Dogecoin and say hey you know what we’re not in this for financial growth we’re in this to be able to use our currencies in the Blockchain world with crypto and so he sold off bought a used Honda Civic this wasn’t a rug pull he worked a nine to five job after this and so you know outside of bitcoin’s founder and them remaining Anonymous and walking away from that crypto as well I think this is One of the most selfless acts and it really is a testament for why it was actually created and to deviate from that is to say hey you know what it’s no longer Dogecoin it’s something else I appreciate you watching this video don’t forget to like And subscribe this was my two cents Dogecoin is the people’s cryptocurrency.Typically, meme coins are created to make a small number of people very rich, but Doge was created with a better vision.This movement turned blockchain technology into something bigger for the community.#dogecoin #doge #crypto 💜 Become a Patron: Coming Soon! === 🎁 Crypto Stuff === No shilling here! ===📱 More Content=== ⌨️ Discord: Coming Soon! 💻 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