Dogecoin is the natural way a Democratic Capitalist country creates a cryptocurrency.
Doge is technology the US Dollar can use to move in and out of encrypted electronic states, just like bitcoin, but with more available than bitcoin, it allows the $1 mark to find a natural crypto ally in Dogecoin. And with all other fiat currencies moving in and out of Doge, $1 or even $10 a Doge is reasonable in five years.
Bitcoin’s future is in Macro transactions. $1,000,000 to 1 BTC. For things like trading Mike Trout for 50 BTC and a 1st round draft pick.
So I think that equilibrium with $1 will come rapidly as more and more people move USD and other fiats into it and have less need to convert out of Doge as they will continue to transact with their Dogecoins instead of needing to convert to USD, though the value of your coins will always be in relation to what they are worth in USD and Bitcoin.
Tech savvy countries with unstable economies are turning to Bitcoin and Dogecoin. They may well become the pioneers of implementing Crypto into the physical marketplace (Argentina, Greece, Etc.)
Now is an excellent opportunity for people in bad economies to safe haven their money with little downside from what they are already facing and exponential upside.
For anyone making money in a country with a history of unstable currency, it would behoove them to immediately convert their money into something that has international backing. Something that will have the strength of the US Dollar flowing through it.
*Russian citizens you should definitely be buying as much Doge as you can get your hands on if it isn’t already too late.
What do you Shibes think? I always like this topic because it generates thoughts and ideas that help lead us to the moon!