View profile

Dogecoin Is Going Mainstream

Dogecoin is going mainstream.
With more and more shops and businesses accepting Dogecoin every day, the internet’s favorite meme-money is gaining legitimacy.
The largest criticism against Dogecoin has been that it’s a “joke” currency with no real-world application.
But just this week we’ve seen that change.
Let’s take a look at why Dogecoin is going mainstream, and why it’s a big deal.

Here's why Dogecoin is going mainstream
Here's why Dogecoin is going mainstream
Putting the "currency" in cryptocurrency
Dogecoin is being accepted as payment for products, services, and even plane flights
Dogecoin is being accepted as payment for products, services, and even plane flights
For cryptocurrency to go mainstream, we have to be able to spend it.
Being able to buy things with Dogecoin is a major factor in it succeeding as the internet currency of the world.
With a large supply, fast transaction times, and low fees, Dogecoin makes for a great option as an everyday crypto that you can actually spend.
Doge-supporting business owners are starting to get the picture, with images popping up of shops that have began accepting the dog-themed crypto as payment.
This barber shop accepts Dogecoin
This barber shop accepts Dogecoin
More and more businesses are starting to accept Dogecoin
More and more businesses are starting to accept Dogecoin
Another barber shop accepting Doge
Another barber shop accepting Doge
A car dealership announces that they're now accepting Dogecoin (To The Moon!)
A car dealership announces that they're now accepting Dogecoin (To The Moon!)
You can now even pay for a flight with Dogecoin through airBaltic airlines.
Does that sound like fake money to you?
airBaltic
In 2014, we became the world’s first airline to accept Bitcoin payments for flight tickets. Now, in cooperation with service provider @BitPay, we accept also other cryptocurrencies like Bitcoin Cash, Ether and Dogecoin for bookings made on our website: https://t.co/dEYDU2KhDD https://t.co/2xHyyAK1Fz
AirBaltic is one of the many businesses integrating Dogecoin payments with the processing platform BitPay.
Bitpay enabled Dogecoin payments earlier this month, opening the door for businesses to accept the meme-money for products and services.
For example, the luxury hotel network The Kessler Collection is now accepting Dogecoin payments through Bitpay.
BitPay
You can now pay for a luxury hotel stay using #crypto. U.S. based luxury hotel group, The Kessler Collection, now accepts #cryptocurrency using #BitPay. Book now at https://t.co/SBJYM56jnY.

Photo: The Kessler Collection #bitcoin #hotels #travel #traveloncrypto #vacation https://t.co/JW7zUaY7YE
Can you imagine booking a flight, reserving a hotel, renting a car, and then getting a haircut, all by paying with Dogecoin?
That’s pretty mainstream for a coin that just months ago was considered a “joke” with no utility.
Dallas Mavericks
We're proud to be the first business to accept the #crypto Dogecoin for payment using BitPay! 🙌

You can now use #Dogecoin to buy tickets and merch online, making @DallasMavsShop more accessible to MFFLs everywhere! https://t.co/1N0fk0NjAT
Business magnate Mark Cuban was one of the first to announce Dogecoin payment integration through Bitpay for his basketball team, the Dallas Mavericks.
Mark said about the decision that “Sometimes in business you have to do things that are fun”.
He went on to claim that the Mavericks had done over 20,000 Dogecoin in transactions as of March 6th.
Mark Cuban
The @dallasmavs have done more than 20,000 #Dogecoin in transactions, making us the LARGEST #DOGECOIN MERCHANT IN THE WORLD ! We thank all of you and can only say that if we sell another 6,556,000,000 #DOGECOIN worth of Mavs merch, #dogecoin will DEFINITELY HIT $1 !!!🚀🚀🚀
With more and more merchants accepting Dogecoin through Bitpay, Dogecoin is further legitimized as money.
And for Dogecoin to work, folks need to be able to spend it.
This is one of the reasons why Robinhood releasing wallets to their customers is such a big deal.
Without the ability to withdraw or deposit Dogecoin, Robinhood customers can’t use Doge like money as it’s intended.
VLAD
I hear the community and appreciate the enthusiasm for wallets. We are working to make this happen safely and expeditiously!

Want it done faster? We are looking to grow our Robinhood Crypto team MASSIVELY this year. Join us! #crypto #doge #bitcoin

https://t.co/GQ5YX5T1ox https://t.co/LH0sqzQDf5
Dogecoin is good for business, and exchanges, shop owners, and content creators are starting to see the light.
If accepting Dogecoin is continued to be viewed as a smart business move, then we will inevitably see Dogecoin go mainstream.
Coinbase could take Dogecoin mainstream
With more cryptocurrencies exchanges enabling Dogecoin trading, more folks will have access to the Shiba Inu-based crypto, helping Dogecoin to reach mainstream investors.
Coinbase may be realizing the potential, as they made Dogecoin news this week by finally breaking their silence on Doge.
Just weeks ago, I asked Elon on Twitter if he thought Dogecoin trading should be enabled on Coinbase.
He responded with an enthusiastic “Yes!”
Elon thinks Coinbase should list Dogecoin
Elon thinks Coinbase should list Dogecoin
Coinbase may have finally got the message.
In a recent Reddit AMA (ask me anything), Coinbase CEO Brian Armstrong and CFO Alesia Haas answered questions from the community ahead of their highly anticipated IPO.
While questions couldn’t involve topics of potential listings, one clever individual asked an ambiguous question that seemed to bypass the ruling.
The question was simply “Doge or cat?”
After reading the question, Brian Armstrong asked Alesia, “are you a doge or cat person?” to which Alesia responded “I think I’d have to go with doge.”
Armstrong agreed, saying “I’m probably a doge person too, but we’ll see how it goes.”
While not much, it’s the closest thing we’ve had to assurance that Coinbase stands with the Dogecoin community and has heard our pleas to add Doge to their platform.
💸💸💸
Top Coinbase executives are coming around to #DOGE

@Coinbase CEO says he's "probably a Doge person"

Welcome aboard @brian_armstrong!

Dogecoin is the People's Crypto, we can't wait to see $DOGE listed on Coinbase https://t.co/SumO8I8d7b
I posted the above tweet on Twitter, and Elon “liked” it, indicating his awareness and approval of the comments.
With Coinbase working to get Dogecoin on its platform, Doge is one step closer to actualizing its full potential as a top cryptocurrency and a leading payment method for online transactions.
With Dogecoin on Coinbase, the People’s Crypto would be accessible to more people, and the listing would further legitimize the coin with Coinbase’s coveted stamp of approval.
Coinbase is the most mainstream cryptocurrency exchange, and a Dogecoin listing could help Dogecoin ascend to the moon.
Adding Dogecoin would also put on pressure to other exchanges like Gemini and Square, potentially leading the way to a Dogecoin standard.
With Elon’s help, Dogecoin is going mainstream.
Elon is bringing crypto mainstream
With memes and legitimate support, Elon is helping Dogecoin go mainstream
With memes and legitimate support, Elon is helping Dogecoin go mainstream
It’s no secret that Elon Musk loves Dogecoin, but he’s a pretty big fan of Bitcoin as well.
Elon shocked the cryptocurrency world this week with the announcement that Tesla would be accepting Bitcoin for Tesla purchases.
Elon Musk
You can now buy a Tesla with Bitcoin
The news came on the heels of an SEC filing last month, where Tesla indicated that they “we expect to begin accepting bitcoin as a form of payment for our products in the near future.”
Elon also announced that Tesla was intending to HODL the Bitcoin that they earn instead of converting it to fiat.
Elon announces that you can now buy a Tesla with Bitcoin
Elon announces that you can now buy a Tesla with Bitcoin
This is an astounding show of support for the future of Bitcoin, as Elon and Tesla executives make it clear that they expect Bitcoin to be worth more in the future.
Folks quickly began to inquire about the future of Dogecoin, with expectations that Elon may one day accept his “fav crypto” Dogecoin as payment for Tesla vehicles.
Owen Sparks 🌎
You can now buy a Tesla with #Bitcoin! How long until we can purchase one with Dogecoin (the best coin) @elonmusk? https://t.co/josWXt753P
Images and memes quickly popped up of what this might look like.
💸💸💸
Tesla is now accepting #Bitcoin for payments

Can you imagine a future where they accept #Dogecoin as well? https://t.co/6rxXDPFYiv
If Elon ever allows Dogecoin to be used as payments, we could see Dogecoin go mainstream, soaring to all-time highs.
Purchasing a Tesla with Dogecoin would change the game
Purchasing a Tesla with Dogecoin would change the game
Even allowing Dogecoin as payment on the Tesla merch shop, or for folks to purchase Starlink in the future, would be an enormous milestone for everyone’s favorite much wow cryptocurrency.
Dogecoin memes imagine a future of a Dogecoin standard
Dogecoin memes imagine a future of a Dogecoin standard
Crypto influencer and Bitcoin Cash proponent Kim Dotcom barked back against Bitcoin’s utility, deriding Bitcoin as being impractical as a payment method because of expensive fees.
His criticism specifically focused on the use of Bitcoin for small purchases, like for a can of soda.
He argued that Bitcoin Cash, a forked cryptocurrency of Bitcoin, is a better use of small purchases under $10.
Kim Dotcom
Try and buy a Soda with Bitcoin.

#Bitcoin median fee $8.92
#BitcoinCash median fee $0.001

Source: https://t.co/avxEZ3ZqMT

Over half of all cash payments worldwide are under $10. $BCH is serving the mass market, not just the 1%. @elonmusk

That’s https://t.co/uqbDwJ8dnl 😘 https://t.co/BIj8llAvYK
Elon responded to Kim, saying that he made a “fair point.”
I then responded to Elon and asked him if Dogecoin would solve this problem.
I said “This is why we need something like Dogecoin, right Elon? With fast speeds and low fees, DOGE makes for an actual spendable cryptocurrency.”
💸💸💸
@elonmusk @KimDotcom This is why we need something like Dogecoin, right Elon?

With fast speeds and low fees, DOGE makes for an actual spendable cryptocurrency
Elon answered immediately, simply posting the eyes emoji “👀” as his response.
The eyes emoji is often used to bring attention to something, or to highlight what someone said in a show of anticipation or agreement.
Elon is indiscreetly bringing attention to what Dogecoin advocates have been parading all along: Dogecoin is a practical alternative to Bitcoin’s inadequacies.
Bitcoin works best as a store of value, while Dogecoin works best as a currency.
In the Bitcoin whitepaper, Satoshi Nakamoto described Bitcoin as a “peer-to-peer electronic cash system.”
As Bitcoin evolved, it began to look a lot less like a “cash system” and a lot more like “gold system.”
Dogecoin, on the other hand, puts the “currency” in cryptocurrency.
Dogecoin has fast transaction times, low fees, and durable security.
The high amount of coins in circulation keep coins affordable, and the issued inflation rate discourages hoarding, accounts for lost coins, and keeps the network secure.
Elon is bringing attention to what most folks in the cryptocurrency space miss: Dogecoin is a diamond-in-the-rough decentralized cryptocurrency that is actually designed to be spent.
The full conversation with Elon and Kim Dotcom
The full conversation with Elon and Kim Dotcom
Even just posting the eyes emoji is a strong show of support to the more practical arguments for Dogecoin’s utility.
Elon hasn’t given up on Dogecoin, and he may be helping it go mainstream.
Celebs are helping Doge go mainstream
With celebrities hopping on the Doge-train, we could see Dogecoin continue to gain public adoption.
Legendary rapper Snoop Dogg just recently teased the launch of a “Dogge” NFT.
Snoop Dogg
U definitely gonna be able to get my NFTs with Dogge !! Uhearme! Coming soon.
Snoop had previously joked with Elon about being Snoop Doge, posting this funny meme and advocating for the dog-themed currency.
Snoop Dogg then posted this amazing painting by artist Crypto Painter on his Instagram, showing him situated next to a dog with a gold Dogecoin necklace dangling from his and the pooch’s neck.
Snoop posted this picture of him decked out in Dogecoin bling
Snoop posted this picture of him decked out in Dogecoin bling
With celebrity endorsement from mega-influencers like Snoop, Dogecoin is prepared to go mainstream.
With growing acceptance, community passion, and a potential Coinbase listing in the works, Dogecoin is looking good.
The Doge memes are only growing, and the Dogecoin community is united as ever.
Dogecoin is showing massive potential as more and more folks recognize its utility as a legitimate cryptocurrency.
With broadening acceptance, support from Elon, and celebrity endorsements, Dogecoin is growing stronger and more legitimate by the day.
It’s getting hard to deny: Dogecoin is going mainstream.
To the moon!
To the moon!
Support this newsletter
Thank you, kind reader, for reading. I appreciate it.
If you haven’t already, please sign up to my email newsletter for more weekly articles like this one. Also, please share it with a friend or on twitter if you enjoyed it.
What do you think? Is Dogecoin truly going mainstream or is it just a fad? Let me know!
Remember, Dogecoin is risky. But then again, it’s all risky!
Follow me on twitter at @itsALLrisky
Email me at itsALLrisky@gmail.com
If you want to send me an optional cryptocurrency tip you can do so using my wallet address below. Thank you!
DOGE: DPTh6LzqiMs8kcJ8sqn3ECzRZ8SDYe7vbM
Memes of the week
Pics of the week
My top tweets this week
💸💸💸
@elonmusk Dogecoin
😎
|\👐
/ \
━━━━━┓ \\
┓┓┓┓┓┃
┓┓┓┓┓┃ ヽ😩ノ
┓┓┓┓┓┃   / Fiat
┓┓┓┓┓┃ ノ) Currency
┓┓┓┓┓┃
💸💸💸
The currency of the internet isn’t going to be Bitcoin Cash or XRP or ADA

These cryptos are muddied with the waters of greed, their communities aren’t fun and the branding is off

Dogecoin is the solution

DOGE is fun-filled grass-roots people-powered dog-themed meme-money! 🐕🚀
💸💸💸
Dogecoin is bringing good into the world

With a positive, welcoming, fun, creative, and hilarious community, DOGE is becoming unstoppable
💸💸💸
The Dogecoin community is extremely kind, creative, and welcoming

This community will help send #DogecoinToTheMoon
💸💸💸
Dogecoin is a viable cryptocurrency, with fast transaction times, low fees, and durable security

The high amount of coins in circulation keep coins cheap, and the issued inflation rate discourages hoarding and accounts for lost coins

Dogecoin may be the best crypto ever! $DOGE
💸💸💸
.@lexfridman and @APompliano just discussed Dogecoin on Lex's podcast

Pomp said: "Elon doesn't get enough credit frankly for his understanding about internet culture"

Lex said "Doge is a kind of FU to the system"

Gentlemen, I totally agree! #DogecoinToTheMoon #DogecoinRise
💸💸💸
Great interview with Dogecoin creator @BillyM2k and @IamUpshod where they discussed all things DOGE!

Nice conversation guys!

Check it out: https://t.co/rSlJvCfAuN
💸💸💸
Elon Musk is the greatest engineer in modern history and he seems to imply that Dogecoin is a legitimate solution to Bitcoin's inadequacies

The People need a crypto that we can spend online

If #BTC is Gold 2.0, then #Dogecoin is the US Dollar 2.0

It's designed to be spent! https://t.co/BstAHkNiNk
💸💸💸
GameStop merely adopted the memes

Dogecoin was born in them
Thanks for reading, please subscribe to this newsletter to be updated each Monday with the top Dogecoin news, updates, and analysis simplified directly to your inbox.
Forward this to a friend that might like it, and share on Twitter, Facebook, and Reddit!
If you want to send me an optional cryptocurrency tip you can do so using my wallet address below. Thank you!
DOGE: DPTh6LzqiMs8kcJ8sqn3ECzRZ8SDYe7vbM
Disclaimer: This is not financial advice and I am not a financial advisor. The article above references an opinion for entertainment purposes only and it is not investment advice. Do your own research and consult with a licensed financial adviser before making any investment decision. Do not treat any opinion expressed in this newsletter as a specific inducement to make a particular investment. Content, news, research, tools, and securities symbols are for educational and illustrative purposes only and do not imply a recommendation or solicitation to buy or sell a particular security or cryptocurrency or to engage in any particular investment strategy. The information provided is not warranted as to completeness or accuracy and is subject to change without notice. The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, are not guaranteed for accuracy or completeness, do not reflect actual investment results and are not guarantees of future results. All investments involve risk, losses may exceed the principal invested, and the past performance of a security, industry, sector, market, cryptocurrency, or financial product does not guarantee future results or returns. Dogecoin is a speculative and highly volatile asset susceptible to pump-and-dump schemes.
Disclosure: I currently own some Dogecoin, Bitcoin, and Ethereum (for NFTs). At the time of posting, Dogecoin is around $0.054 per coin.
Did you enjoy this issue? Yes No
Risky
Risky @itsALLrisky

The #1 Dogecoin Newsletter! Simplifying Dogecoin, crypto, and the meme economy. What you need to know — Subscribe now!

In order to unsubscribe, click here.
If you were forwarded this newsletter and you like it, you can subscribe here.
Created with Revue by Twitter.