{"id":570772,"date":"2024-01-23T00:00:01","date_gmt":"2024-01-23T00:00:01","guid":{"rendered":"https:\/\/wncen.com\/?p=570772"},"modified":"2024-06-11T14:44:47","modified_gmt":"2024-06-11T14:44:47","slug":"dogecoin-founder-fires-back-at-ripple-ceo-doge-is-essentially-the-same-thing-as-btc","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-founder-fires-back-at-ripple-ceo-doge-is-essentially-the-same-thing-as-btc\/","title":{"rendered":"Dogecoin Founder Fires Back At Ripple CEO: \u201cDOGE Is Essentially The Same Thing As BTC\u201d"},"content":{"rendered":"
Dogecoin (DOGE) has recently received support from the crypto community and some negative comments from recognized crypto actors.<\/p>\n
A discussion sparked on the X platform (Formerly known as Twitter) after Dogecoin\u2019s Founder Billy Markus, also known as Shibetoshi Nakamoto, responded to a clip of the comments made by Ripple\u2019s CEO Brad Garlinghouse about the memecoin.<\/p>\n
Last week, an X user uploaded a clip from the \u201cClear-Eyed About Crypto\u201d panel at the World Economic Forum (WEF) meeting in Davos, Switzerland.<\/p>\n
In the clip, the CEO explained that he believes “we will start seeing a clearer separation between useful and not-so-useful crypto assets.” While discussing the appeal of memecoins, Garlinghouse expressed that he \u201cdoesn\u2019t get it,\u201d referring to Dogecoin.<\/p>\n
He added that, besides Elon Musk\u2019s involvement with the memecoin<\/a>, he doesn\u2019t see the use case or the purpose of DOGE. The CEO stated:<\/p>\n And I think what we haven\u2019t seen yet that I still think we will eventually see is a separation of wheat and chaff of when are the assets… how are these technologies being used to solve real problems that have real demand versus ones, you know, I\u2019ll pick on dogecoin: I don\u2019t get it. Other than Elon Musk as the central actor, I don\u2019t see the use case and the purpose.<\/p>\n<\/blockquote>\n The Dogecoin founder challenged Ripple\u2019s CEO comment, stating<\/a> on the X platform that \u201cdogecoin is essentially the same thing as Bitcoin with mildly different parameters and a dog mascot,\u201d adding that comments such as Garlinghouse\u2019s come from \u201cjust little brains pretending to be smart.\u201d<\/p>\n Markus\u2019 response sparked positive and negative answers from the online crypto community. One user harshly told the Dogecoin founder to \u201cstop deceiving\u201d himself and questioned his statement that Bitcoin and Dogecoin are the same by asking<\/a>, \u201cWhy then do the Bitcoin worth so much more than the dogecoin?\u201d Markus quickly dismissed it by labeling the question \u201csuch a low iq take.\u201d<\/p>\n Regarding the Ripple CEO<\/a>, another user claimed that Garlinghouse \u201cdoesn\u2019t understand the world application\u201d of memecoins, to which Markus replied, \u201che\u2019s a crypto bro arguing that some cryptos (that he has a bag of) are better than other cryptos like every other boring low iq dillweed in this space.\u201d<\/p>\n Lastly, when asked about his assessment of XRP, the Dogecoin founder refused to answer, simply stating, \u201ci don\u2019t care cuz i don\u2019t have any.\u201d<\/p>\n Dogecoin\u2019s price has seen a 3.3% uprise in the last 7 days, according to data from CoinGecko<\/a>. This could be linked to the discourse around Dogecoin\u2019s possible integration as a payment method into the X platform<\/a>, amplifying the community\u2019s interest and optimism.<\/p>\n During the weekend, the cryptocurrency\u2019s price stayed in the $0.08 price region and is trading at $0.08361 at writing time, \u00a0reflecting a 3.2% decline in the last 24 hours.<\/p>\n <\/p>\n Dogecoin (DOGE) has recently received support from the crypto community and some negative comments from recognized crypto actors. A discussion sparked on the X platform (Formerly known as Twitter) after Dogecoin\u2019s Founder Billy Markus, also known as Shibetoshi Nakamoto, responded to a clip of the comments made by Ripple\u2019s CEO Brad Garlinghouse about the memecoin. Related Reading: Dogecoin Price Will \u2018Moon\u2019 If This Happens: Crypto Analyst Brad Garlinghouse \u201cDoesn\u2019t Get\u201d Dogecoin Last week, an X user uploaded a clip from the \u201cClear-Eyed About Crypto\u201d panel at the World Economic Forum (WEF) meeting in Davos, Switzerland. In the clip, the CEO explained that he believes “we will start seeing a clearer separation between useful and not-so-useful crypto assets.” While discussing the appeal of memecoins, Garlinghouse expressed that he \u201cdoesn\u2019t get it,\u201d referring to Dogecoin. He added that, besides Elon Musk\u2019s involvement with the memecoin, he doesn\u2019t see the use case or the purpose of DOGE. The CEO stated: And I think what we haven\u2019t seen yet that I still think we will eventually see is a separation of wheat and chaff of when are the assets… how are these technologies being used to solve real problems that have real demand versus ones, you know, I\u2019ll pick on dogecoin: I don\u2019t get it. Other than Elon Musk as the central actor, I don\u2019t see the use case and the purpose. The Dogecoin founder challenged Ripple\u2019s CEO comment, stating on the X platform that \u201cdogecoin is essentially the same thing as Bitcoin with mildly different parameters and a dog mascot,\u201d adding that comments such as Garlinghouse\u2019s come from \u201cjust little brains pretending to be smart.\u201d An Intense Discussion Between Users And The DOGE Founder Markus\u2019 response sparked positive and negative answers from the online crypto community. One user harshly told the Dogecoin founder to \u201cstop deceiving\u201d himself and questioned his statement that Bitcoin and Dogecoin are the same by asking, \u201cWhy then do the Bitcoin worth so much more than the dogecoin?\u201d Markus quickly dismissed it by labeling the question \u201csuch a low iq take.\u201d Regarding the Ripple CEO, another user claimed that Garlinghouse \u201cdoesn\u2019t understand the world application\u201d of memecoins, to which Markus replied, \u201che\u2019s a crypto bro arguing that some cryptos (that he has a bag of) are better than other cryptos like every other boring low iq dillweed in this space.\u201d Lastly, when asked about his assessment of XRP, the Dogecoin founder refused to answer, simply stating, \u201ci don\u2019t care cuz i don\u2019t have any.\u201d Dogecoin\u2019s price has seen a 3.3% uprise in the last 7 days, according to data from CoinGecko. This could be linked to the discourse around Dogecoin\u2019s possible integration as a payment method into the X platform, amplifying the community\u2019s interest and optimism. During the weekend, the cryptocurrency\u2019s price stayed in the $0.08 price region and is trading at $0.08361 at writing time, \u00a0reflecting a 3.2% decline in the last 24 hours. Related Reading: Dogecoin (DOGE) Up By 11% As X Launches Dedicated Payment Account DOGE is trading at $0.08361 on the hourly chart. Source: DOGEUSDT on Tradingview.com Featured image from Unsplash.com, chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":570775,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[1785,89174,85675,7,1803,79600,3680,86945],"class_list":["post-570772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogeusdt","tag-ripple","tag-ripple-ceo"],"acf":[],"yoast_head":"\n\n
An Intense Discussion Between Users And The DOGE Founder<\/h2>\n
DOGE is trading at $0.08361 on the hourly chart. Source: DOGEUSDT on Tradingview.com<\/a><\/pre>\n