What makes Dogecoin (DOGE) special? - Crypto in Plain English - Episode 65 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it27 Dec 2021

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 NOT to release an NFT – The Porsche disaster - Episode 349 - by cryptohunt.it

How NOT to release an NFT – The Porsche disaster - Episode 349 - by cryptohunt.it

How NOT to release an NFT – The Porsche disaster 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: ...

31 Jan 20232min

Why are crypto taxes still so complicated? - Episode 348 - by cryptohunt.it

Why are crypto taxes still so complicated? - Episode 348 - by cryptohunt.it

Why are crypto taxes still so complicated? 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 pla...

30 Jan 20232min

What is Dollar-Cost-Averaging? - Episode 347 - by cryptohunt.it

What is Dollar-Cost-Averaging? - Episode 347 - by cryptohunt.it

What is Dollar-Cost-Averaging? 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. ...

27 Jan 20233min

Why do crypto bridges keep getting hacked? - Episode 346 - by cryptohunt.it

Why do crypto bridges keep getting hacked? - Episode 346 - by cryptohunt.it

Why do crypto bridges keep getting hacked? Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain Englis...

26 Jan 20232min

How North Korea stole $100m in crypto - Episode 345 - by cryptohunt.it

How North Korea stole $100m in crypto - Episode 345 - by cryptohunt.it

How North Korea stole $100m in crypto Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain English. Yo...

25 Jan 20232min

A brief history of Gemini and its founders, the Vinkelvoss twins - Episode 344 - by cryptohunt.it

A brief history of Gemini and its founders, the Vinkelvoss twins - Episode 344 - by cryptohunt.it

A brief history of Gemini and its founders, the Vinkelvoss twins Good morning, Cryptohunt community, to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and oth...

24 Jan 20232min

What is a short squeeze, and why Bitcoin is over $23,000? - Episode 343 - by cryptohunt.it

What is a short squeeze, and why Bitcoin is over $23,000? - Episode 343 - by cryptohunt.it

What is a short squeeze, and why Bitcoin is over $23,000? Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: ...

23 Jan 20232min

SBF wasn't lying for once, and FTX customers in the US may actually get their money back - Episode 342 - by cryptohunt.it

SBF wasn't lying for once, and FTX customers in the US may actually get their money back - Episode 342 - by cryptohunt.it

SBF wasn't lying for once, and FTX customers in the US may actually get their money back Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other g...

20 Jan 20232min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-jossan-nina
svd-tech-brief
badfluence
rss-borsens-finest
rss-svart-marknad
uppgang-och-fall
bathina-en-podcast
lastbilspodden
tabberaset
rss-inga-dumma-fragor-om-pengar
avanzapodden
fill-or-kill
rss-dagen-med-di
rss-kort-lang-analyspodden-fran-di
borsmorgon
24fragor
rss-veckans-trade
montrosepodden