The Twitter post from the official Dogecoin team, known for developing the well-recognized meme cryptocurrency, has made a comparison between Dogecoin and Bitcoin, but it appears they favor Dogecoin over Bitcoin.
The article was sparked by the latest headline revealing that the Bitcoins worth approximately 10,000 USD spent by Laszlo Hanyecz, who traded them for pizza in 2010, would now be equivalent to a staggering $1 billion.
The article underscores the practicality of using Dogecoin for transactions, suggesting it exceeds the functionality of the most popular digital currency, Bitcoin.
“DOGE will never have cost you $1 billion USD”
The Dogecoin article you mentioned distinctly cites the historic purchase of two Papa John’s pizzas using Bitcoin in 2010 – an event that marked Bitcoin as the first instance of it being used as real, digital currency. This transaction was made by Laszlo Hanyecz, who spent approximately 10,000 Bitcoins on those pizzas, which were then delivered to him through a Bitcoin forum member.
In fact, if the 10,000 BTC that were used to buy pizzas hadn’t been spent back then, their value today would be approximately $1 billion, and they might still be in the possession of Hanyecz.
Opt for a coin meant for casual spending, rather than the tales of wealth found in fairies and fortunes that could reach trillions. In simpler terms, Dogecoin is for everyday transactions.
— Dogecoin (@dogecoin) January 10, 2025
In simpler terms, a Dogecoin post explains that you can use DOGE to purchase pizzas without fretting about your meme coins suddenly becoming worth $1 billion in real money. They emphasize that unlike Bitcoin, Dogecoin is primarily intended for everyday transactions, not just stories told among adults. The creators of Dogecoin suggest it’s made for ordinary people, as expressed in the post.
Doge meme makes it to U.S. Senate
According to U.Today’s report, earlier this week, Dogecoin co-creator Billy Markus – who is frequently active on various social media outlets – made comments about the recent appearance of a well-known Doge meme on a canvas in a U.S. Senate hearing.
During a speech, Senator Joni Ernst (IA), a member of the Republican Party, utilized that canvas to convey her ideas. In her speech, she emphasized the need for reducing excessive government expenditures and championed D.O.G.E – the Department of Government Efficiency, an initiative led by billionaire businessmen Elon Musk and Vivek Ramaswamy.
In her speech, the Senator declared that “Dogecoin” is unavoidable, and on the political landscape, it’s rapidly gaining ground in Washington, D.C. She encouraged fellow politicians to align with Dogecoin (D.O.G.E.) and show their support for it.
Billy Markus remarked with amusement that he found “this Shiba Inu meme in the Senate.
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2025-01-10 18:35