DogeCoin Union: is dogecoin legit reddit

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Another potentially surprising result is that hard and fixed supply constraints are not necessary to store assets in the value of digital assets. Dogecoin, for example, has no fixed limits, but it is a branch of code, which means that Dogecoin is BTC-based, but BTC holders do not receive dividends in the new digital currency.

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Jackson Palmer is said to have been working on digital currency at the time, and after seeing the popular Doge online, he had a wythanth and tweeted: Invest in Dogecoin, this is the next big opportunity. Soon after, he actually got a lot of reply from netizens, all encouraged him to realize the idea. He bought Dogecoin's domain name a week later and produced a picture of a gold coin with Doge's face on it. The domain name was later included on Doge's base Reddit.

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There are certainly more reasons why Dogecoin is so popular. Technically, Dogecoin is actually a faction with Litecoin, which is based on the Scrypt algorithm and, like Litecoin, is easier to trade than Bitcoin, and they have more numbers, with Dogecoin digging up to 100 billion, compared with 21 million bitcoins. Palmer also noted that Dogecoin is not like Bitcoin, where people don't get involved just for the sake of speculation, which is a way of sharing and thanking.

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Cointelegraph couldn't find a Wikipedia article about SpankChain (SPANK). However, other projects such as Dogecoin (DOGE), GridCoin (GRC) and PotCoin (POT) do have one. Most of the top 10 projects, including Bitcoin Cash (BCH), also have one.

will tesla accept dogecoin, Elon Musk asked all of his Twitter followers if his car manufacturing company Tesla should start accepting Dogecoin as payment.

Looking at a wide variety of digital currencies, one is a "pure currency" without specific use scenarios and industry applications, such as Bitcoin, Litecoin, and the other is "application currency" with explicit use scenarios and industry applications at the beginning of the design, such as Ether, Dog Coin Dogecoin, Zcash, etc. The former is "pure money" and the main value proposition is financial payment and transaction, so its value depends mainly on how many people recognize, accept and use it in economic activities, the more people accept and use it, the greater the value;