Shibetoshi Nakamoto the developer of Dogecoin believes that tipping is the easiest and best use case for cryptocurrency
Shibetoshi Nakamoto Believes That Tipping Is The Easiest Use Case For DOGE
Shibetoshi Nakamoto, the developer of Dogecoin, believes that tipping is the easiest and best use case for cryptocurrency. This was said by the Dogecoin co-founder while sending a Dogecoin tip via mydogetip.
Several talks on Dogecoin use cases have surfaced in recent months. The Dogecoin Foundation’s main goal, according to the organization, is to make Dogecoin the global currency for the payment of products and services.
Elon Musk Believes Dogecoin Will Gain More Utility
The CEO of Tesla, Elon Musk, has stated that Dogecoin would gain more utility if more firms accepted it. The centibillionaire also lauded tipping as a use case, saying that tipping creators with Dogecoin would be “wonderful.”
Despite possible use cases in the Web3 sector, Musk claims that a bridge between Ethereum and Bitcoin is unnecessary.
DOGE cofounder Billy Markus publicly pushed Twitter to incorporate DOGE tipping after Twitter debuted tipping functionality in Bitcoin and Ethereum last year.
According to recent reports, if Elon Musk’s deal with Twitter goes through, he might become Twitter’s interim CEO. Many people believe that if Musk takes control of Twitter, Dogecoin will be integrated.
This could be because the Tesla CEO has already stated that Dogecoin will be used to pay for Twitter Blue subscriptions.
Dogecoin Becomes Partner Of BIG3 Basketball Team
Dogecoin may now join the ranks Big3 basketball team, according to Coinscreed. Big3 will integrate Dogecoin, which will result in the integration of the MyDoge wallet, which will allow players, coaches, and teams to earn Dogecoin tips on Twitter by simply tweeting. MyDoge/Dogecoin will also be widely displayed by Aliens on team uniforms, events, and broadcasts.
The price of Dogecoin is currently $0.126, down 5.79 percent in the previous 24 hours. In a massive selloff, Dogecoin fell along with the rest of the market. According to CoinMarketCap data, Dogecoin is now the 12th largest cryptocurrency by market capitalization.