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top-crypto-news Dogecoin

“Dogecoin is significantly better than Bitcoin”, says Roger Ver

Alex Coin
April 30, 2022
Reading Time: 3 mins read
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dogecoin
What is Bitcoin?

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.

What is Dogecoin?

Dogecoin is a cryptocurrency based on the popular "Doge" Internet meme and features a Shiba Inu on its logo. Dogecoin is a Litecoin fork. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.

Roger Ver, nicknamed ‘Bitcoin Jesus’, says that if she had to choose three contenders from Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. I would choose Litecoin, Dogecoin y Bitcoin Cash.

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***

Roger Ver, also nicknamed “Bitcoin Jesus”, is a well-known advocate of cryptocurrencies and one of the first to speak out about their importance. In 2011, Ver became one of the first to invest investing is when you put money in a financial scheme with the intent of making a gain. in cryptocurrency companies. and he also ran one of the first businesses to accept Bitcoin as a method of payment. Initially he was a fervent enthusiast for Bitcoin, but after the hard fork of the currency, Ver switched sides to promote the Bitcoin Cash cash is the most liquid form of money: physical coins and banknotes in the most narrow sense of the term. (BCH).

He had been quiet for a while, but now he’s back in the ring according to a report from Bloomberg where he talks about his interest in Dogecoin, just coincidentally with Elon Musk, CEO of Tesla and now majority owner of Twitter.

Ver also claims to be a fan of Dogecoin, Musk’s favorite cryptocurrency. Musk called Dogecoin “the people’s crypto” and Ver says that it is also faster and cheaper to use than Bitcoin .

“Dogecoin is significantly better” , dijo Ver. “It’s cheaper and more reliable.” .

But he also adds which are for him the currencies that compete with the main one:

“If I had to pick three contenders [for the world’s dominant cryptocurrency], it would be Doge, Litecoin and Bitcoin Cash.”

Crypto whale a term used to describe investors who have uncommonly large amounts of crypto, especially those with enough funds to manipulate the market.

However, Ver owes much to Bitcoin He was one of the first investors, in 2011, when it was trading for less than a dollar. He went on to co-found the startup now known as Blockchain.com.

In addition, he was one of the first investors in payment processor BitPay bitPay is a Bitcoin payment service provider. and in the crypto-company Ripple, he said. And he maintains Bitcoin.com, with 30 million registered digital digital technologies are these electronic tools that have the ability to generate, store or even process data. wallets, according to its data.

Likewise, when the Bitcoin underwent a software update that it opposed in 2017, See supported Bitcoin Cash. As indicated by Bloomberg, Today, View has a large number of currencies that includeEther, Monero, XRP, among others.

“I’m definitely still a cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. whale.” , dijo. “I’ve always had a wide basket a basket, when used in the cryptocurrency space, refers to a collection of digital currencies managed as a single asset. stocked in cryptocurrencies. I was never a Bitcoin or Bitcoin Cash maximalist.”

Sobre Twitter

Also this week, after a year of silence on social media, Roger Ver expressed his support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. for the takeover of Twitter by Elon Musk.

See said in an interview that he’s optimistic Musk will end “censorship” on the social media platform.

“It will certainly make Twitter more attractive.” said Ver, who has 742,900 followers on the site. “I’m very, very grateful that Musk is denouncing censorship.”

He also acknowledged that he had not used the social network a network refers to all nodes in the operation of a blockchain at any given moment in time. for a year:

“Today marks a full year since my last tweet.
Think about how fast time passes.
Make sure you spend it on important things.
#Family #Friends #cryptocurrency #freedom”.

Today marks an entire year since my last tweet.
Think about how quickly the time goes.
Make sure you are spending it on important things. #Family #Friends #cryptocurrency #freedom

– Roger Ver (@rogerkver) April 26, 2022

Sources: Bloomberg , Utoday , Twitter , archivo

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Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

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