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I think dogecoin failed to go anywhere at least partly because it was a literal memecoin. Certainly made it hard for me to take it seriously as a semi-layman a
by nnfy 9y ago
I think dogecoin failed to go anywhere at least partly because it was a literal memecoin.
Certainly made it hard for me to take it seriously as a semi-layman at the time.
- stanleydrew 9y agoInterestingly that would seem to further the author's point a bit. You didn't think dogecoin was legitimate because it was named after a meme. So that made you less likely to trust the code/governance?
- zdkl 9y ago> […] it was named after a meme. > So that made you less likely to trust the code/governance? Well... yeah! What's your point? That projects deserve trust based on their branding? I'm not convinced until there's peer approval, especially not if it's piggybacking on something "trendy". I do agree though it's a shame it got subverted from the ultra low value p2p tipping platform it was becoming. Feels like it's just litecoin left as credible alternative in that area.