Really interesting article. That HODL (hold on for dear life) mentality really strikes different, and yet with the way the present financial system is set up: and the lack of upward mobility with a $60K job & increasing price for just about anything (transportation, housing, education) i wouldn’t be surprised if more & more young people adopt “meme” currencies.
Sure - I don’t think investing in a meme currency is the most ideal, as it’s utility May be in question…
However, it’ll be interesting to see if once $DOGE reaches a certain price threshold & it begins to receive more developer mindshare. To the point where something could actually be built out.
Nevertheless, Crypto is still in its Wild West phase, so I’m eager to see what will happen in the next 1,5,10 years. Regardless, it needs to be something EVERYONE starts to clue into. (look at Ethereum for a very innovative utility from a blockchain perspective).
Interesting indeed, but undeniably risky (irresponsible?) to bet all one’s life’s savings on anything (crypto or not). Looking now, Doge has not recovered from the crypto crash nearly as well as Ethereum has.