My Reasons For Dogecoin (v.1.0.0)

Hi shibes -

This gets asked continuously in the daily thread. I wanted to create a thread I can link to whenever somebody asks Why are we buying/holding Dogecoin.

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1. Dogecoin is the only crypto currently in the top 20 built through an entirely democratized process. This is a grassroots operation. There is no crypto currently in the top 20 that can say the same - all are directly or indirectly backed by some form of big money. So, first of all I like where we come from.
2. The developers ( r/dogecoindev ), all of them skilled coders and some of them contributors also to Bitcoin, have been doing an incredible work throughout the years, providing us with whatever Doge needed to be what it was supposed to be, a currency, at all its turning point in its 8 year history. We got help, along the way, including the support of Charlie Lee from Litecoin. The narrative you see (more in the past months, fortunately it is getting better these days) across media that Dogecoin is a meme coin backed by no fundamentals is fueled by half interviews and downright lame reporting. The technology behind Dogecoin is the same behind Bitcoin (through) litecoin, so it is currently the oldest and most time-proven in the crypto space. On top of that, the network is secure, thanks to the merged mining with Litecoin.
3. It is fun. This might seem silly, but due also to my political inclinations, a crypto reminding me not to bee too serious about money fits exactly my idea about money. My life has been ruined by lack of money and efforts to go against a system that makes you believe money is everything. Many of the cryptos in the top 20 are now tools in the hands of speculators; others are pandering government and institutional involvement, so they will just become other tools in the hands of the hold system.
4. The community. 1.3M members as of today. Incredible. Yes, it is idiotic at times, when the price skyrockets, but it is hilarious during normal times, and one of the most educational spaces in crypto. Check the replies from veterans in r/dogecoin, r/dogeducation, r/dogecoindev to people in the New section. Patience and love of people like u/sporklin and u/Fulvio55 (yeah, he can be like that harsh uncle that tells always things the way they are, but he really means to help), our developers, put other crypto spaces to shame.
5. I have been able to use Doge to pay and get paid for years. With the developments of the past year, an introduction of Doge into exclusive payment systems like Bitpay and Crypto.com, anybody can use it in his own wordpress, magento, shopify, pick your platform e-commerce website. This is immense, and the news have not picked up on this yet.
6. Huge interest on social media and self-fueled PR. Many do not realize how incredible it is that one of the very few cryptos without a corporate or big money backing it is able to generate this level of buzz which other cryptos desperately try to get by actually paying random celebrities for their tweets. What will happen WHEN we will get direct adoption support by some big players (at condition they do not come with string attached?). Each new event can be a catalyst for Doge, because it is memorable. The meme fuel is endless, as ridiculous as that might sound. Long live Doge, Cheems and their pals.
7. I am a long time holder. I trade only a small amount of my Doge, below 5%, and always outside critical times for the market. For me, this has been enormously profitable, more than any other crypto asset I have been holding long term. I think there is a long future ahead, and this is the beginning. To newcomers, of course, I recommend never to trust somebody telling you they are "holding to the moon" - in crypto, the price is built on top of each other. Somebody buys at a new high, somebody sells. But speaking of myself, for what it's worth, I plan on holding most of my Doge for a long time.
8. I am insane, surprised myself by the diamond paws nature gifted me with.

This is just the beginning. But to all newcomers buying into Doge now, remember that you are buying at all time prices that are insane, not because Doge does not deserve this price, but because they came all of a sudden, in the middle (some say) of a bull market. ALL cryptos are displaying inflated prices. Put into Doge and into any crypto only what you can afford not simply to lose, but to have locked into an asset for the long term, because if the market goes down, you will need to hold long term.