Having too many shitcoins hurts incl thebcurrent top ones. Doge...LOL
Doge is a joke. What matters is that people know of it, and that matters more than anything else.
Doge,BTC,ETH,Tron,...there are hundreds of tokens that do not scale (& therefore cannot be liquid), are not fungible, have terrible inflation,etc & therefore *cannot* function as money
People think "crypto" means all those coins. It's like if "computer" meant Ryzens but also Tinkertoys, people would correctly be skeptical of them
Only until it fails. I mean look at Solana. Major hype, rocketed into the top 10 and now it is collapsing as the centralized VC funded shitcoin it is amidst the FTX collapse.
SOL gets a lot of hate but its PoH is a real significant improvement over PoS, and scales like crazy. It's not "centralized", anyone can run a node. They're just beefy machines.
It will never be money because it's not fungible nor private. But it's more scalable than BCH.
