Dogecoin Could Be Better than Bitcoin for Widespread Adoption

I understand this is a shocking premise. I was shocked myself when I started to consider it last year. As the pandemic wore on into the summer of 2020, I could see things were not likely to return to the way they were. It did not matter how much people wanted a return to normal. It was not going to happen.

Interest rates were impossibly low in the country, so corporations started issuing their own debt. Apple issued forty-year debt. Apple started getting involved with Ripple. The old movie, Rollerball, started to seem like a possible near future outcome. A future where corporate power is the stabilizing force in society, not national governments.

As I started to ride this train of thought, I realized it had real credibility. There was a richness to the future scenery I saw as I rode this train of thought.

If corporations become national pseudo-states, then they will need a currency. I felt like the SEC and Xi both recognized what was going on and took actions to protect their control of currency within their borders.

If nation-states persist then so shall national currencies, which is certainly a more likely outcome. Digital sovereign currencies of some kind would seem to be a foregone conclusion anyway. Nation-states looking to jump ahead might adopt an existing…