Why endless supply will make Dogecoin worthless

[cryptohunter]

If doge really does follow through with its charitable causes (especially if geared towards dogs and animal charities) and do some real world good things the coin will not get old. A lot more people would get behind it than you can imagine.

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[Msile]

It's ONLY going to take 14-15 years for DOGE supply to double once the initial 100B has been mined at 5% yearly inflation. Let me say that again... 14-15 years. Now tell me again that this infinite supply actually matters?

You are mistaken, the 5% inflation will decrease every year.

[ewhenn]

inflation is the best thing that could had happen to dogecoin

dogecoin will be used as a currency not an asset like all other coins

the community will continue to grow and give away dogecoin to charities, the media attention and growth will continue

trust me once we hit the 10,000 blocks theres no way you will be able to buy a dogecoin for 150 satoshi

buying in exchanges to use and donate will drive this coins price up

100% agree. 

These these coins are intended to be used a a currency, not an asset to hold. 

Full Definition of CURRENCY

2a :  something (as coins, treasury notes, and banknotes) that is in circulation as a medium of exchange
b :  paper money in circulation
c :  a common article for bartering[/li][/list]

The primary role of a currency is to be *USED* for exchange.  If there is a constant deflation where something becomes more and more valuable over time then where is your incentive to ever exchange it?  If I knew that a US dollar today would buy me 30% more next year, I'd do everything I could to avoid spending it.  Thus it fails as a currency. 

A slow inflation makes people spend a currency and use it.

[Bluestreet]

inflation is the best thing that could had happen to dogecoin

dogecoin will be used as a currency not an asset like all other coins

the community will continue to grow and give away dogecoin to charities, the media attention and growth will continue

trust me once we hit the 10,000 blocks theres no way you will be able to buy a dogecoin for 150 satoshi

buying in exchanges to use and donate will drive this coins price up

100% agree.  

These these coins are intended to be used a a currency, not an asset to hold.  

Full Definition of CURRENCY

2a :  something (as coins, treasury notes, and banknotes) that is in circulation as a medium of exchange
b :  paper money in circulation
c :  a common article for bartering[/li][/list]

The primary role of a currency is to be *USED* for exchange.  If there is a constant deflation where something becomes more and more valuable over time then where is your incentive to ever exchange it?  If I knew that a US dollar today would buy me 30% more next year, I'd do everything I could to avoid spending it.  Thus it fails as a currency.  

A slow inflation makes people spend a currency and use it.

mBTC will become the standard within 5 years and a couple more decimal places can be used to give it a total coin cap of 2.1 Trillion with 2 decimal places to spare for "bitcents" , if this happens most coins producing over 10 billion today will never hold much value.

imo iCoin will become a contender for bitcoin in 2 years. You read it here first.

http://iCoin.pw/interview

[ewhenn]

inflation is the best thing that could had happen to dogecoin

dogecoin will be used as a currency not an asset like all other coins

the community will continue to grow and give away dogecoin to charities, the media attention and growth will continue

trust me once we hit the 10,000 blocks theres no way you will be able to buy a dogecoin for 150 satoshi

buying in exchanges to use and donate will drive this coins price up

100% agree.  

These these coins are intended to be used a a currency, not an asset to hold.  

Full Definition of CURRENCY

2a :  something (as coins, treasury notes, and banknotes) that is in circulation as a medium of exchange
b :  paper money in circulation
c :  a common article for bartering[/li][/list]

The primary role of a currency is to be *USED* for exchange.  If there is a constant deflation where something becomes more and more valuable over time then where is your incentive to ever exchange it?  If I knew that a US dollar today would buy me 30% more next year, I'd do everything I could to avoid spending it.  Thus it fails as a currency.  

A slow inflation makes people spend a currency and use it.

mBTC will become the standard within 5 years and a couple more decimal places can be used to give it a total coin cap of 2.1 Trillion with 2 decimal places to spare for "bitcents" , if this happens most coins producing over 10 billion today will never hold much value.

It's not about moving decimal places to use a mBTC or a "bit cent",  it's the fact that it's deflationary.  1 kilogram = 1000 grams, it's the same damn thing. 

Spending BTC has a opportunity cost (losing the extra future value derived from increased scarcity).  This makes it behave more like an asset, not a currency, and therefore a poor medium of exchange.

[scarface]

inflation is the best thing that could had happen to dogecoin

dogecoin will be used as a currency not an asset like all other coins

the community will continue to grow and give away dogecoin to charities, the media attention and growth will continue

trust me once we hit the 10,000 blocks theres no way you will be able to buy a dogecoin for 150 satoshi

buying in exchanges to use and donate will drive this coins price up

100% agree.  

These these coins are intended to be used a a currency, not an asset to hold.  

Full Definition of CURRENCY

2a :  something (as coins, treasury notes, and banknotes) that is in circulation as a medium of exchange
b :  paper money in circulation
c :  a common article for bartering[/li][/list]

The primary role of a currency is to be *USED* for exchange.  If there is a constant deflation where something becomes more and more valuable over time then where is your incentive to ever exchange it?  If I knew that a US dollar today would buy me 30% more next year, I'd do everything I could to avoid spending it.  Thus it fails as a currency.  

A slow inflation makes people spend a currency and use it.

mBTC will become the standard within 5 years and a couple more decimal places can be used to give it a total coin cap of 2.1 Trillion with 2 decimal places to spare for "bitcents" , if this happens most coins producing over 10 billion today will never hold much value.

imo iCoin will become a contender for bitcoin in 2 years. You read it here first.

http://iCoin.pw/interview

the whole point is not moving decimal places down or using satoshi or mbtc

the point is that bitcoins are not being used, everyone is hoarding them.

[Bit_Happy]

This seems like a good story that will have legs.  
OP helped make Doge seem more attractive, thanks rabbit.