Dogecoin’s Flat Inflation Is ‘A Feature, Not A Bug,’ Says Elon Musk
Elon Musk on Wednesday reaffirmed his support for Dogecoin‘s (CRYPTO: DOGE) inflation model, labeling its flat inflation rate as a “feature, not a bug.”
What HappenedL The conversation emerged after Dogecoin co-creator Shibetoshi Nakamoto (Billy Markus) pointed out the technical possibility of removing Dogecoin’s inflation by altering a line of code on its GitHub repository.
Markus, however, made it clear that altering Dogecoin’s inflation was not a simple task, advising those interested to “convince the community and miners” if they desired a change.
Musk’s comment came in response, framing Dogecoin’s predictable, flat inflation as beneficial rather than problematic.
“I think the flat inflation of Dogecoin, which means decreasing percentage inflation, is a feature, not a bug,” Musk posted, suggesting this characteristic could serve as an advantage for Dogecoin as a currency. …