Given that the doge community has tended to be relatively "nice" rather than every-man-for-himself-libertarian, is there any chance of organizing a blacklist for these coins or some such?
Any cryptocurrency of value seems to have to fall back to undesirable bureaucratic policies or be devalued by having its own ideology turned back upon itself.<p>The human cycles spent in monitoring and securing value will put a major drag on the ability of the currency to stabilize its value. Stable value gives currency utility. Utility gives a currency adoption. Adoption gives a currency value.
500 million dogecoins? That's worth almost 12 grams of lunar regolith, right? That dude must be seriously Jonesin' for some titanium dioxide.<p>I honestly don't think that the dogecoin community could actually do anything about this without breaking character, other than to suggest sending this guy to the moon... and leaving him there.
He could have gotten a Ferrari yesterday on reddit for less than half that.<p><a href="http://www.reddit.com/r/dogemarket/comments/28c942/sg_2003_ferrari_360_modena_210_million_doge/" rel="nofollow">http://www.reddit.com/r/dogemarket/comments/28c942/sg_2003_f...</a>