DOGECOIN Explained.

 

hey what's up Moosa here back another tech  kinda let's talk about dogecoin so you can have you seen this on twitter the past a few weeks or months this seems random crypto comes from somewhere it comes from a few cents all the way up to a few cents on the way to find out what powered by rocket emojis shiba e news no elon musk tweets kind of random but in the world of technology be the most interesting type to see what happens here again so in this article I think I can I will usually have it in my podcast in the waveform podcast shameless plug um i felt like it would make a great video filter filter I look at what was going on here the video it’s not a legal financial advice I’m not expert it’s not the kind of thing you have to do maybe you get it from youtuber anyway though I am not guilty of anything you can do do or decide to do it after watching this video so dogecoin is a cryptocurrency to understand what really happened to you should understand what cryptocurrencies are there is so I'll just use bitcoin a lot outstanding as my example here so bitcoin has been around since 2009 very prominent size uh crypto at market price but to to make it extremely easy digital currency allocated is uncontrollable the most digital money generated on the blockchain however bitcoin is not the only one available tons of others funds based on the same item however as according to the same change rules so they are a different currency called altcoins and for many of them the thing is almost anyone can make altcoin in the end it’s like it’s actually amazing how easy to do so there are tons of them too they are all built differently minor tweaks and versions of the same foundations and very good they will all say they belong better than bitcoin in some ways discussed but there's a lot of them out there which is the point and uh you can have hear about some of these so there are ethereum there is a litecoin stellar ripple dash neo you can open just in reality coinbase and sort by tons and tons their and this is just a small fraction there's something I'm going to say maybe thousands of different altcoins to choose from and they all tried to give you have some reason to hold on other reasons are better than that bitcoin to invest or use and then dogecoin Dogecoin was literally introduced as a joke as a tweet by jackson palmer while he he was walking in adobe kind of a real joke about how many alt coins were like oh what imagine there was this shiba fall empowered doge coin and coin had less meme image on it and it just got very connected again get a pull from there is like one of the those jokes are very catchy it becomes more than a favorite joke it is arrogant and unrealistic thing so work with billy marcus from ibm and uh gave them the logo and registered it quiet builds something and now it's basically all right we know what dogecoin is like another crypto but I think that reason that it is also caught and stuck around as long as it has very interesting for me to see something you start to notice about Digital currencies did they all take it too seriously serious and appropriate because they exist differently worlds for good reasons actually i really like the idea of ​​bitcoin i think being like international currency does the concept in the internet age in which we live inside but now they are too many what altcoins can feel like it is difficult to filter them all then find out which ones they are useful for what is good short term compared to long-term investments what they are you can buy what you can actually do money is what everyone wants to know and everyone is like stocks everyone wants to find that hidden gem like a little one a small crypto just right a combination of things to go to grow and become this great something important and that makes people invest in everything very small species crypto is finally importing you into the dark water of possible scams and pump and disposal plans and things you may be doing you should not invest in dogecoin looks like he was caught because it started out as a joke and now and then people take it super serious but also kind of a a joke but also the real genre does that it makes sense so graham stefan knows more financially than me made a really good video about dogecoin like a day or two ago where and I will link his video below you he should look at the whole thing but himself make a really good point which is because it started as harmless joke and because obviously the founders they do not really do this for money and that's just the way it is kind of funny about its origins it actually does in this crypto world you take itself super serious makes it easily accessible it does a little intimidation makes it more you may succeed because of how obvious that is they don't try so graham brings suggest this example of the same thing and a man whose name will be the rogers you ran of the president in 1928 and won a comedy campaign and then finally erases what he can have be president but the whole point of his campaign was to show how dumb he was and make fun of the whole process so that was like dogecoin for politicians but I have an example same equal but opposite status um in my inbox I found i email about donor power support integration and I say no to 99.999 of emails I receive about things like this but I always like to hear them unless otherwise possible in this agreement let's find out what it is so .