CRYPTOCURRENCY

Hey Yang Gang, Check This Out

What you need to know about this automatically redistributive crowd-funded cryptocurrency

By Jesse Rogers

I was supporting Andrew Yang back when he was polling at 0% in the Democratic primaries. The pundits wrote him off as a joke. I didn’t. I flooded my Facebook feed with Yang memes and probably lost a few “friends” in the process.

*shrug* No regrets.

Andrew Yang would go on to become one of the final candidates on the debate stage. He went from a complete unknown to one of the most admired men in America. He arguably had more impact on policy than any other candidate considering that the repeated stimulus checks are a kind of grudging concession by Congress that he was right.

Nowadays, when taking a break from fighting crime as a local superhero, Andrew Yang is campaigning to be mayor of New York and stands a very strong chance of winning.

I believe this bodes quite well for the recovery prospects of a city that has been economically and culturally ravaged during the pandemic.

I say this because Andrew Yang is a forward-looking, tech-savvy, crypto enthusiast. The future of finance is undoubtedly moving more towards crypto and decentralized finance in the coming years. So for New York to remain the beating heart of the financial world, it needs someone like Yang to promote crypto adoption.

But that wasn’t even the initial reason why I supported Andrew. I put my shoulder to the wheel for him because he was willing to go talk to conservatives during an era of toxic partisanship. He was the only Democratic contender who went on Ben Shapiro’s show. He also went on Tucker Carlson’s show. And he knocked these interactions out of the park. When Fox News personalities get testy and misrepresent his ideas, he laughs it off, takes it in stride, and manages to put a smile on everyone’s faces. Lit!

Yang lives Lincoln’s words, often repeated by Coach Wooden, “the best way to destroy an enemy is to make him a friend.”

I’ve been politically active because I heed the warning of Plato, “One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.”

And yet, despite my activism, I have to be very clear that my hopes for the future do not primarily rest in government. I don’t view Andrew as a savior. I see him as an ally, yes. Even a role model. But ultimately I believe that the work which must be done to bring about the future I want to see must be done by me. Either I dig my own hands in and make the world as it should be, or else it doesn’t happen. This is how I see things.

“The best way to destroy an enemy is to make him a friend.” — Abraham Lincoln

Anyway, the point is that I understand the possibilities of a meme-powered community effort. If you were ever part of either Yang Gang or MAGA, then so do you. Oh yes, to a large extent, this meme culture is exactly how Donald Trump won in 2016. In this attention economy where kids want to be influencers instead of astronauts, it is a great mistake to underestimate the disruptive power of memes.

So fast forward to today, and I’ve found a cryptocurrency that has the same energy which attracted me so early to Yang’s presidential run. This coin has a proven model with tremendous upside.

Just look at the phenomenal success of Dogecoin. In only 7 years as a joke-coin copy of a copy of a copy of Bitcoin, this thing went to the moon. It made early adopters phenomenally rich. Even though the value is still only $0.05, the percentage gain for those who got in early is off the charts. Much wow.

I personally haven’t bought Doge for the reasons I explain in this article, but I have gone all-in on the next iteration: HOGE.

A strong reason why I think HOGE will be even better than Doge for its holders is that it is both deflationary and redistributive. When a whale (or anyone else) cashes out huge profits, 2% is taxed on the total transaction. Part of that is burned and part of it is redistributed (almost like a Freedom Dividend!) to all other HOGE holders.

Over time, HOGE will get rarer and rarer, and those who hold steady for the long haul are rewarded automatically with staking rewards.

As a point of comparison to make sense of what this means, consider the price on a Michael Jordan basketball card or a $21 million 1963 Aston Martin. There aren’t very many of these things compared to how many people want them. The number of authentic ones can only go down.

When something valuable gets rarer, its price goes up. It is as simple as that. And as young as it is, HOGE already has more than $100,000,000 of market value as of this writing. As its scarcity accelerates, expect the price per coin to continue to go up even if nothing else changes. You might not always fully understand why a rare thing has value to collectors, but it does.

Demand will rise though. It will rise a lot. This whole model gets turbocharged because of meme culture’s ability to generate interest.

It would please me greatly if instead of relying on the government to improve your life (which we all know isn’t going to happen any time soon), my fellow Yang Gang evangelist meme-lords got in early and transitioned into HOGE Mafia.

So consider this your invitation.

If this community-led, dog-lover project takes off the way I envision, then the massive upside from a few hundred dollars could potentially change your life forever. It's a risk, but it is one that I jumped all over, and hopefully, you will too.

At one point, I was up double. In the circles I run with, I’ve seen plenty of people post screenshots of $200 turning into thousands. That was just in a month. Imagine what could happen over the course of years.

There will be pullbacks and downturns too, of course. Sometimes your account might be in the negative for weeks or months. If you can’t afford to hold and wait for the price to skyrocket again, then don’t even get involved.

But rise or fall, the atmosphere reminds me of the sort of community that we had in the optimistic early days of Yang Gang. Except that this time, our donations aren’t getting lost in the Byzantine machinery of government and political parties. Instead, the donations are helping animals.

This isn’t a longshot with the pressure of a primary election looming over us. Instead, we have all the time we need to make this project a success and do some good in the world through a combination of both individual and community effort. There’s constant work being done behind the scenes and news getting released about the team’s progress, which I do my best to keep everyone up to speed on.

Well… let me back up a little bit. We sort of have the luxury of time. There are lots of smaller, newer copy-offs trying to ride the coattails of HOGE’s idea, competing with it for attention. We can’t ever just rest on our laurels and get lazy.

Still, I don’t think any will succeed at an astounding level except for HOGE. If the relationship between Bitcoin and all of its many copies repeats itself, then only HOGE will have massively high value, not its tiny rivals.

Compare the price of Bitcoin ($56,000) to Litecoin ($200ish). That same proportionality is what I expect between HOGE and Safemoon in this new space. And to be clear, it isn’t that I think every copycat of HOGE such as Safemoon is bad or will necessarily collapse and go to zero. Litecoin didn’t. It is just simply that I don’t think it adds enough innovation to differentiate itself from HOGE. In fact, I don’t think anything out there in this niche other than HOGE will attract a dynamic enough community to dislodge the new meme champ.

Listen, whether you think my analysis is spot on, or you think that I’ve gone bonkers, either way, I hope we agree that it will take action on your part to secure your future. No one is coming to your rescue. So you had better take some chances and invest in something.

As far as what to pick, I try to help people to the maximum that I can but I’m not a financial advisor and don’t know your financial situation or risk profile.

But I write these articles because I desperately want to vanquish the phenomenon of poverty out of existence, and I especially want to see my fellow Yang Ganger’s elevated alongside me into lives of abundance. I’ve never seen a clearer path for that than HOGE, which is why I feel compelled to shout from the rooftops and also push so many of my own chips in.

If you’re new to crypto, you may or may not want to start with microcap coins, and I get that. There are plenty of risks that only you can decide if you’re willing to take by doing your own research.

You can reach out to me at [email protected] or post in the comments if you have questions.

And if you found value in what I’m sharing, then remember to sign up for the newsletter, don’t just leave it up to the algorithms to maybe send more of this info your way.