For Doge to grow as a truly alternative form of money, people need to be able to spend their coins in the same places that fiat holders do.
While small merchants have been leading the charge to #AcceptDoge, corporate institutions have been more cautious to embrace it. Doing so could draw ire from the existing monetary order.
Doge isn’t the only financial asset with anti-establishment credibility.
The Apes—long-term holders of AMC and GameStop—have called out hedge funds for abusive price manipulation, and government regulatory agencies for looking the other way.
Hedge funds continue to short the stocks, using a variety of dubious practices such as dark pool trading, synthetic shares, and high-frequency algorithmic trading in an attempt to bankrupt the companies.
Like the Doge community, Apes use memes to communicate research and keep vibes high during the long battle with the suits.
Now, the Doge community is proposing meme asset synergy between Dogecoiners and AMC Apes by asking the movie-theater company to accept Dogecoin.