What makes Dogecoin (DOGE) special? - Crypto in Plain English - Episode 65 - by cryptohunt.it

What makes Dogecoin (DOGE) special? - Crypto in Plain English - Episode 65 - by cryptohunt.it

What makes Dogecoin (DOGE) special?

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

Today, let’s dive into the phenomenon of Dogecoin – how it started, why it’s so popular, and if it has any real world use.

Dogecoin was released in 2013 as a project to poke fun at the very technical crypto scene back then. The two founders felt that crypto insiders were taking themselves too seriously, and scaring non-technical people away. To get everyone else interested, they created a coin themed like a Shiba Inu dog, hoping to break down some of those barriers.

And indeed, a vivid community of hundreds of thousands of DOGE fans has formed on Reddit, where great posts get rewarded with Dogecoins between members. That community is known to be welcoming and happy to explain crypto to newcomers.

Dogecoin itself was simply created as a clone of LiteCoin with little extra development effort at first. But thanks to its roots, it is actually relatively usable in comparison to Bitcoin - transactions are decently fast and cheap, and an unlimited supply of Dogecoin helps its value to be relatively stable.

There aren’t many real-world examples of Dogecoin use though. But for unknown reasons, Tesla founder Elon Musk has hyped the coin many times, and has recently announced that Tesla will accept it as a payment method… for swag only.

And that’s Dogecoin, the best known meme coin. Next time, we’ll talk about its recent offspring, Shiba Inu.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

Avsnitt(373)

How the future of music will look like with AI - Episode 365 - by cryptohunt.it

How the future of music will look like with AI - Episode 365 - by cryptohunt.it

How the future of music will look like with AI Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In...

22 Feb 20232min

How a future with AI will look like: No more “Googling” things - Episode 364 - by cryptohunt.it

How a future with AI will look like: No more “Googling” things - Episode 364 - by cryptohunt.it

How a future with AI will look like: No more “Googling” things Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing idea...

21 Feb 20232min

How a future with AI could look like for movies - Episode 363 - by cryptohunt.it

How a future with AI could look like for movies - Episode 363 - by cryptohunt.it

How a future with AI could look like for movies Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: I...

20 Feb 20232min

A brief update on FTX - Episode 362 - by cryptohunt.it

A brief update on FTX - Episode 362 - by cryptohunt.it

A brief update on FTX Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain English. It’s been...

17 Feb 20232min

Could stablecoins allow the entire world to switch to the US Dollar? - Episode 361 - by cryptohunt.it

Could stablecoins allow the entire world to switch to the US Dollar? - Episode 361 - by cryptohunt.it

Could stablecoins allow the entire world to switch to the US Dollar? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changin...

16 Feb 20232min

Why is the US government attacking stablecoins? - Episode 360 - by cryptohunt.it

Why is the US government attacking stablecoins? - Episode 360 - by cryptohunt.it

Why is the US government attacking stablecoins? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: I...

15 Feb 20232min

What is ERC-20 Recovery? - Episode 359 - by cryptohunt.it

What is ERC-20 Recovery? - Episode 359 - by cryptohunt.it

What is ERC-20 Recovery? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain English. Coinba...

14 Feb 20232min

Is the US banning staking? - Episode 358 - by cryptohunt.it

Is the US banning staking? - Episode 358 - by cryptohunt.it

Is the US banning staking? Welcome to the Cryptohunt Jam, where you learn – in just a minute or two a day – what is happening in crypto and other game-changing ideas. As always: In plain English. Toda...

13 Feb 20232min

Populärt inom Business & ekonomi

framgangspodden
varvet
badfluence
rss-jossan-nina
rss-svart-marknad
uppgang-och-fall
avanzapodden
rss-dagen-med-di
borsmorgon
rss-inga-dumma-fragor-om-pengar
tabberaset
rss-den-nya-ekonomin
rss-kort-lang-analyspodden-fran-di
rss-borsens-finest
kvalitetsaktiepodden
bathina-en-podcast
24fragor
kapitalet-en-podd-om-ekonomi
svd-tech-brief
bilar-med-sladd