Dogecoin co-founder: Essentially Dogecoin is just a shared database and network

[Dogecoin co-founder: Dogecoin is essentially just a shared database and network] Golden Finance reported that Dogecoin co-founder Shibetoshi Nakamoto tweeted that Dogecoin is essentially a shared database and network, adding database entries in the form of virtual currency, and using Dogecoin as a mascot. The rest is just about how people decide to use it and value it. Cryptocurrencies are simple, people are complicated.

Other news:

Musk: Still prefer Dogecoin over Bitcoin as a transaction currency: Golden Finance reported that Tesla CEO Elon Musk was selected as the 2021 representative of the US "Time" magazine earlier this week. Mr. Musk shared his views again in an interview with Time magazine. Musk mentioned that fundamentally, Bitcoin is not a good substitute for transaction currency, but Dogecoin is more suitable for transactions. Bitcoin has a low transaction volume and a high cost per transaction. Bitcoin is better suited as a store of value, which is why investors typically hold it rather than sell it or use it for transactions. Dogecoin, on the other hand, is a currency that encourages consumption, not as a store of value. While some Bitcoin proponents also agree with the fact that Bitcoin is a store of value. Countries like El Salvador have adopted bitcoin as legal tender, facilitating daily bitcoin transactions.

Musk is bullish on cryptocurrencies in general, but he doubts they will replace fiat currencies. Musk pointed out that I don’t hate fiat currencies like many people in the encrypted world, and that cryptocurrencies have relatively higher advantages compared to fiat currencies. Musk said that in addition to Bitcoin and Ethereum, he also has some investments in DOGE. (coingape) [2021/12/14 7:38:26]

Goldman Sachs London Emerging Business Head Resigns After Getting Rich Investing in Dogecoin: Goldman Sachs veteran Aziz McMahon, who once led Goldman Sachs London Emerging Business Unit, made huge returns by investing in the cryptocurrency Dogecoin (Dogecoin). quit his job at Goldman Sachs. It is reported that McMahon has worked at Goldman Sachs for 14 years, and he is said to have made "millions" through Dogecoin. (U.today)[2021/5/11 21:46:03]

Dogecoin is officially launched on OKCoin today: OKCoin officially tweeted that Dogecoin will be officially launched on OKCoin today, and will be open to all users except the European Union, the United Kingdom, Singapore and Bernie. Deposits have started at 8:00 AM on April 26th, Beijing time; DOGE/USD trading pair and withdrawals have started at 8:00 AM on April 27th. [2021/4/27 21:02:47]