Elon Musk recently defended Dogecoin's inflationary model, calling it a 'feature, not a bug,' in response to Dogecoin co-founder Billy Markus. Musk highlighted that the fixed supply of Dogecoin, with 10,000 new coins minted every minute, leads to decreasing percentage inflation over time, making it ideal for use as a currency. Markus echoed this sentiment, noting that steady, predictable inflation is beneficial compared to more volatile cryptocurrencies like Bitcoin. The topic of Dogecoin's inflation has been contentious, but both Musk and Markus agree it enhances the coin's usability in everyday transactions, making it more appealing for purchasing goods. This philosophy was previously supported by entrepreneur Mark Cuban, who stated that Dogecoin's tokenomics facilitate its adoption for payments, especially among users with smaller amounts of capital. Despite Musk's occasional distance from day-to-day crypto activities, he maintains a fondness for Dogecoin, often promoting it on social media.

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