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I agree with you on Dogecoin but I'm interested on where you're drawing this conclusion: "On average one new currency becomes wildly popular every year or so." I'd say BitCoin became popular last year - what new currency became wildly popular in the preceding few years? Maybe I'm just not that knowledgable about the currency space but it seems like a new thing to me.



LiteCoin and Iraqi Dinar are two notable examples.


Iraqi Dinar? Am I missing something? This looks pretty flat since the war started: http://www.xe.com/currencycharts/?from=USD&to=IQD&view=10Y




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