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> but is there any reason it has less chance than bitcoin? I suspect serious (TM) business people would less like to associate with a currency based on an inte
by aegiso 13y ago
> but is there any reason it has less chance than bitcoin?
I suspect serious (TM) business people would less like to associate with a currency based on an internet meme. At least, until its origins are inevitably buried from the public consciousness.
I guess it remains to be seen which happens first: there is sufficient infrastructure to deal in realty with cryptocurrencies, or we've forgotten that its foundation is people captioning dog pictures.
- nodata 13y ago> I suspect serious (TM) business people would less like to associate with a currency based on an internet meme You sure? http://www.forbes.com/sites/dalebuss/2014/01/21/how-many-spoofs-can-you-find-in-vw-super-bowl-ad-teaser/ http://www.forbes.com/sites/dalebuss/2014/01/21/how-many-spo...
- gabemart 13y agoMtGox started as a Magic the gathering card exchange. While it's caused some snark, it didn't seem to get in the way of MtGox being the premiere BTC exchange for a while.
- ahoy 13y agoThat's hardly a 1-to-1 comparison. For starters there are a number of large, legitimate businesses that make their money selling MtG cards on the secondary market. Secondly, didn't the folks at mtgox just use the domain name because they already owned it? AFAIK, the mtgox exchange bitcoin didn't grow out of the mtg exchange, it just happened to share a domain name.
- jonknee 13y agoOpposed to BitCoin, the crypto currency with an anonymous founder who holds a large percentage of the currency (and thus can crash it at any time) and whose rise to popularity piggybacked on the drug trade? I don't think business people care whatsoever--if they think it will make money they will try and make that money.
- woah 13y agoReally? I suspect that someone said this about the first companies to use lighthearted branding. Look at McDonald's. Using a goofy image to win over consumers has been a thing for at least 100 years. SRSBSNS-people could really care less if it helps them make money. That being said, DOGE likely has some technical problems that will crop up in about a year.
- theklub 13y agoYour point about the mascot is something I had not thought about. I mean there are plenty of logos that are pretty silly (Geico Gecko for one).
- judk 13y agoThe name is not part of the protocol. People can call them decoins.