Yes, Dogecoin's inflation rate decreases with time and eventually hits zero. The crypto community thinks Dogecoin embarrasses them and it's become cringey watching them react so severely to it. It's a fun thing no more risky or silly than NFTs.
- Doge is the best performing asset class of the last decade.
- Doge is the best performing asset class of all time.
- Doge has lower transaction fees ($1.24 vs $20).
- Doge has 10x as many blocks, so much more capacity.
- Doge transactions are much faster.
- Doge has a dog on it.
Frankly it's better in every way than Bitcoin and this makes the maxis very sweaty. It's making them scared for their paper windfalls.
BTC was $1 in 2011, so 50,000% gain in a decade.
Definitely not better performing of all time, as before 2011 Bitcoin was also worth pennies at various points (just like DOGE). Except now BTC is worth $50k and DOGE is worth $0.30.
With regards to "all time", DOGE has more units but its market cap is still lower than BTC (in fact its 5th best by market cap), so I remain confused as how it is the best performing asset class of all time.
In any case, ETH is better performing by all metrics compared to DOGE. Infinite performance since 2011 and a higher market cap.
Would you be willing to use it?
No worse than NFT's, sure, but NFT's are crazy.