A few weeks ago, a petition was organized in order to achieve the consensus needed to change the Dogecoin code, in order to set a cap.
A representative of those who signed the petition addresses the developers on GitHub and says:
“In light of recent events, this is a feature request on behalf of many people around the community.
As things stand, the only thing that is keeping dogecoin from reaching extraordinary heights is the lack, or rather, deactivation of the cap that was originally imposed on the network.
Dollar as a modern fiat currency, although similarly uncapped, is nonetheless periodically regulated and hence doesn't suffer the same consequences. Dogecoin on the other hand, is network-regulated and unfortunately its growth is way beyond its legitimate use-cases, and no I kid you not, dogecoin over the years has established many legitimate use-cases, thus, with all that taken into account, everyone might agree a new consensus should be in order. Let's simply reintroduce the cap and let dogecoin gain the glory that it deserves.”
There was a new comment. It is not very clear what was said before because some comments were deleted by the developers. But whatever was written does not change the essence of further discussion.
“It would be good for all of those that got caught massively in the dogecoin hyptrain organized by the ones doing a pump and dump. I understand dogecoin wasn't meant to be taking serious. But at this point millions of people are actually taking it serious. Setting a cap on dogecoin would mean that over the longterm the new doge holders will lose less. It would not need to be a hard cap. A soft cap would do. It would provide millions of doge investors an opportunity they would not otherwise get.”
One of the developers says:
"Please come up with an actual proposal. Until then I will close this issue as this is not the right place for opinion pieces.
We have had lots of people tell us to add a cap "to make the price go to the moon". I'm sick of this. This isn't going to happen. At least not this way."
Another developer says:
"The interest was already built by people trying to trick others in buying an asset they themselves do not understand and your link is to a petition that tricks people into asserting social pressure towards changing the core parameters of an asset that have been there since its launch.
We believe that what you're really doing is trying to get rich at the cost of others and when that failed because you ran out of victims and money, you come here asking us to bail you out. However, we will not bail you out, as with great freedom comes great responsibility. We take ours seriously and we hope that you will too in the future.
We have now closed this topic. Request denied."
However, the discussion conti
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https://www.youtube.com/watch?v=wK3BmsQf73A