This is a continuation on my recent article 'excuses', basically all my articles are a continuation altough you can read them alone maybe you could have a better view if you read them as a continuation.So don't please think that i am somehow abrupt here, it seems more natural although in connection with my recent article.
I have no words for all these excuses,they are absurd. What’s happening here is not unique, it’s a phenomenon i could say, someone, often perceived as an expert due to a title or position, says or writes something absurd, yet almost no one recognizes it, instead, people reproduce the absurdity, adopt it as belief, accept it as an unquestionable fact,Why? Because they are conditioned not to think to give in, to obey, to follow those with titles or positions. If people actually thought about what they're told, if they could see the absurdity, then these so-called experts and their titles would lose their artificial value. In a way, the producers of inferior products would finally receive the true market valuation for their defective offerings.The system uses artificial, fake labels to mark and condemn those who don’t accept the rules and positions imposed on them. If you don’t accept what we say, what we want, you are labeled a denier, you are in denial. This denier label functions as a stigma to silence dissent and enforce conformity, making non-acceptors appear guilty simply for questioning authority.What absurdity is this?Then what are the others? Acceptors? Are they in an acceptance condition blindly embracing lies, fakes, and absurdities? Then yes, they are the acceptors.Me I am a proud denier. I say no, i will always say no to their absurdity.
So let 's see how this appears here with the absurdities which are presented as actual facts to support this situation on dogecoin, they say that its unsustainable in long term inflation model encourages spending, not hoarding by preventing scarcity, the model is designed to make dogecoin a spendable currency for tips and transactions, rather than a "digital gold" asset to be hoarded like Bitcoin.
what is this? they present a situation where you should not collect the coin but you should give it for tips you should spend it quickly like something hot like a hot coal you shouldn t hold, because it is expected to lose value so is to pass it to someone else gets burned instead. Yes this is an absurd excuse if it is about to be valueless why collect it , if you should rush to spend it , like you expect at any time to lose its value why to get involved in situation like this for the stress? Why participate in a system where you’re constantly losing ground, just to have the stress of holding a depreciating asset?
So people should not use dogecoin because they trust it, but because they’re conditioned to move it fast, like fiat in hyperinflation.Even so when money stops being a store of value and becomes a relay race of fear, it reveals not strength, but systemic weakness disguised as virtue. You’re not meant to hold it you’re meant to give it away fast, you’re meant to pass it like a burning coal, fearing its devaluation.This inflation model demands constant spending, not saving, something to pass quickly, not hold, it is framed as a virtue. a currency designed to fail unless everyone pretends it works?
The only similar situation a historical parallel in a way i have heard i think is when ancient athens at desperate situation at war with no silver issued emergency bronze or copper coins people immediately hoarded the good and spent the bad. They hoarded the silver and passed the bronze fast, the good money drove out the bad. We still see this today, people hold stable coin. They spend dogecoin. Not because it’s better but because they expect it to fade.The same pattern repeats: when money is designed to decay, trust decays with it.The good coins vanish, the bad ones flood the market.’Today, dogecoin is future to be that copper coin, not money, circulates because it’s not trusted as a store of value but when real value is gone, a system relies on artificial circulation , people spend the bad money fast, hoard the good, and the currency loses trust.
Beyond this i don 't align with the term digital gold which refers to the bitcoin and i see a lot reproduction on this, other absurdity even so i will not argue on this maybe in other article, only i would like to say that in crypto all the coins have declined from the initial purposes and expectations, the only coin by me which is actual crypto is monero and not bitcoin, maybe i will comment on this an other time.
However the main argument is that they compare the dogecoin 's inflation model to fiat currencies' inflation. They say that as doge 's supply increases, its percentage inflation decreases just like fiat but you can 't compare fiat to crypto like this, crypto is not as acceptable and usable as fiat is, is far from this i think, it is not mandatory for someone to accept it, you can 't pay taxes you can t do full bank transactions, many platforms, services, merchants don 't accept it and so on.Beyond this, as an economic product has many differences from fiat, is more volatile you can easily from a problem or careless lose your assets forever without something you can do about, by me, it behaves i think more like a share than a fiat currency it is something mixed i dare say.So when comparing to fiat the new inflationary fiat someone will take it to use it and someone will accepted is mandatory acceptable from many factors the inflationary doge who will buy it if not all the most of it should be bought by fiat who will give their fiat for this product which has limited acceptance, high volatility, constant devaluation pressure? Moreover to have a better picture about the theme, doge 's annual issuanse valued about 0.10usd per coin which is a low price, is about 600 million who will invest at least 600 million usd annually to hold doge at current prices? is that sustainable ? imagine it as a company which every year issues large amounts of new shares that are also the product, the coins, without any significant advantage. This is not sustainable as you can see, another absurdity.
So the claim that dogecoin’s inflation model mirrors fiat is misleading it ignores serious differences,fiat is enforced, you must use it (taxes, laws, banks), dogecoin has no obligation to accept it, fiat has universal utility,doge has limited adoption, fiat doesn’t need buyers to survive ,doge does.without constant new demand, the fixed supply increase dilutes value.Comparing them ignores these fundamentals.it’s rhetoric, not reason.
This argument represent a definition of a sofistry it reminds me the story of the achilles and the tortoise is the unfamous Zeno’s Paradox of Achilles and the Tortoise.Zeno of Elea, a Greek philosopher from the 5th century BCE, told this story to argue that motion is an illusion.So this is the story. Achilles, the fastest runner, races a tortoise that has a head start.To overtake it, Achilles must first reach the point where the tortoise started.But by the time he gets there, the tortoise has moved a little ahead.So Achilles must reach that point but again, the tortoise has moved.This repeats infinitely. Achilles is always closing the gap, but never overtaking.Zeno concluded, Achilles never catches the tortoise.It sounds logical, infinite steps must mean infinite time.But it’s flawed. An infinite number of steps can happen in finite time. So Achilles does catch up, in real time.Both use infinite reasoning to justify the impossible one about motion, the other about value.All these challenge motion using infinity and division, like Achilles.It loops forever.These are not math errors, they’re philosophical traps that look logical but hide flaw.
So this argument is sofistry.The Sophists of Ancient Greece were paid rhetoricians who made weak arguments sound strong exactly what this comparison does.The argument that Dogecoin’s inflation mimics fiat is sophistry it uses plausible-sounding logic to justify a flawed comparison.Like Zeno’s paradox, it sounds logical, infinite steps, never catching up, but hides a flaw, infinite steps can happen in finite time.Similarly, the "Dogecoin = fiat" argument uses infinite issuance to justify perpetual spending, ignoring that without demand, value collapses.Comparing them ignores these fundamentals, it’s rhetoric, not reason.The argument moves the limits.It uses apparent logic to justify an unsustainable system.It’s not economics.It’s persuasion masking weakness as virtue.
This arguement has as main supporter Elon Musk, he is a main advertiser of the coin, he has helped a lot on its course although he has benefited too from this relation in his popularity, in his image. Like other recommendations he has done, he is not to be taken seriously ,although when he speaks, the market used to move so he has boosted through his messages doge, helping its price surge multiple times earning though attention about himself too even if this seems more than manupulation, not endorsement.His influence is real, but his credibility? Questioned. He says things that cost him nothing. He is not official doge owner or involved in the project, he doesn 't accept or use it in his bussiness. His so called success is based mainly on subsidies and materialism from establishment projects while now pushing to cut public programs. His advisory role in the government’s so-called Department of Government Efficiency (DOGE), a name tied to dogecoin, raised concerns about conflicts of interest, especially as his companies receive billions in subsidies. Reports suggest his position could shield Tesla, SpaceX, and Neuralink from regulation and legal liability.It matches the story, when he says nothing, he seems deferential, when he starts speaking, his ignorance becomes obvious.So when he opens his mouth big absurdities, insane ideas, like chips in human heads. No ethos. Demoralized. Ambitious, he is a shop, not a deliverer, but something like a prisoner of his traumas, coincidence, and conceit.
I will continue on that theme in my next article.Beyond this i haven t been trading recently i am still on usdc although i have collected money to buy more, i would like to buy below 0.086 i think it is possible as the usd seems to be recover, so maybe......
Thanks for your time
kisses
