Billy

COIN

Elon Musk

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/elon-musk-supports-dogecoins-inflation-characteristics-in-recent-comments/" data-wpel-link="internal">Elon Musk Supports Dogecoin’s Inflation Characteristics in Recent Comments</a> 
Exciting times for <a href="https://en.coin-turk.com/the-role-of-bitcoin-and-cryptocurrencies-in-the-fight-against-climate-change/" data-wpel-link="internal">cryptocurrency</a> enthusiasts return as Elon Musk re-enters the spotlight. The billionaire, a prominent supporter of Dogecoin , recently sparked a surge in the coin’s price by discussing it once again. This renewed attention has left many investors eagerly anticipating future developments. 
<h2 style="text-align: justify" id="insights-on-dogecoin-doge">Insights on Dogecoin (DOGE)</h2> 
Today, Elon Musk remarked that Dogecoin’s fixed inflation rate serves as a beneficial trait for its long-term viability. His response to Dogecoin’s co-founder triggered an uptick in the price of <a href="https://en.coin-turk.com/dogecoin-doge-price-at-risk-latest-data-is-concerning-for-dogecoin/" data-wpel-link="internal">DOGE</a>. Shibetoshi Nakamoto (@BillyM2k) had previously suggested a code modification for those wanting to eliminate Dogecoin’s inflation. 
<blockquote> 
 “If you want to remove Dogecoin’s inflation, the code is here. 
 You can find the code to edit on line 146, change 10000 * COIN to something else, and then create a pull request to convince the community and miners to use the new version. Please stop bothering me about this.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-406440 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/elon-musk-doge.jpg" alt="" width="1814" height="836"> 
Musk responded to this tweet, stating, “I believe Dogecoin’s steady inflation, which means decreasing percentage inflation, is not a flaw but a feature.” Following this, Billy agreed, saying, “For something designed as a currency, I concur it is ideal. A declining percentage with stable predictable inflation is much lower than the dollar.” 
<blockquote> 
 “I agree that it is ideal for something designed as a currency. Stable predictable inflation with a decreasing percentage is much lower than the dollar.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-406441 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/doge-enflasyonu-elon-musk.jpg" alt="" width="1182" height="673"> 
Their comments seem to highlight the merits of Dogecoin as a currency. Both Billy and Elon Musk praised DOGE for its inflation characteristics and potential for price growth. 
The post <a href="https://en.coin-turk.com/elon-musk-supports-dogecoins-inflation-characteristics-in-recent-comments/" data-wpel-link="internal">Elon Musk Supports Dogecoin’s Inflation Characteristics in Recent Comments</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Elon Musk Supports Dogecoin’s Inflation Characteristics in Recent Comments

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