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<p>[QUOTE=&quot;Kurisu, post: 7536495, member: 117063&quot;]The market cap of DOGEcoin is just under 80 billion dollars.</p><p>The concept of endless mining is to discourage certain predicted behaviors, like hoarding and to encourage the mining.</p><p><br /></p><p><b>Blatantly stolen from a reddit post lol...</b></p><p><br /></p><p>For people who say Dogecoin is &quot;unlimited&quot; or &quot;permanently inflationary&quot; Answer:</p><ol> <li>⁠Dogecoin supply inflation is currently 3.9% per year, and it falls every year.</li> <li>⁠Over time new supply eventually would fall to an arbitrarily low value (0.0000000000001% per year, etc) but can never reach exactly 0%.</li> <li>⁠There are always coins lost due to abandoned dust and lost keys. At some point (and maybe already) these lost coins will outweigh the new supply. Therefore Dogecoin is a deflationary coin.</li> </ol><p>Elon Musk expressed this point succinctly when he wrote: &quot;Doge appears to be inflationary, but is not meaningfully so (fixed # of coins per unit time), whereas BTC is arguably deflationary to a fault.&quot;</p><p><br /></p><p>For people who say Dogecoin has &quot;No Cap&quot; Answer: Dogecoin has a cap, and that cap is 10k per block. It is not like fiat which lacks a cap because the supply can be adjusted at any point. Doge&#039;s new supply is fixed eternally at 10k per block. This amounts to 3.9% supply inflation in 2021, and every year it gets lower, but it never gets to literally 0%.</p><p><br /></p><p>Elon Musk expressed this point succinctly when he wrote: &quot;Doge appears to be inflationary, but is not meaningfully so (fixed # of coins per unit time), whereas BTC is arguably deflationary to a fault.&quot;[/QUOTE]</p><p><br /></p>

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