Meme inspires Dogecoin’s cryptocurrency | CNN Business

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Meme inspires Dogecoin cryptocurrency

Published 3:18 PM EST, Tue February 25, 2014
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It started off as a parody to the widely traded digital currency Bitcoin, but now <a href="index.php?page=&url=https%3A%2F%2Fexperiment.com%2Fdogecoin" target="_blank" target="_blank">Dogecoin</a> is becoming a popular cryptocurrency in its own right. The coins' playful symbol is a Shiba Inu, inspired by an Internet meme in which "doge" became another term for "dog."
Meme inspires Dogecoin cryptocurrency —
It started off as a parody to the widely traded digital currency Bitcoin, but now Dogecoin is becoming a popular cryptocurrency in its own right. The coins' playful symbol is a Shiba Inu, inspired by an Internet meme in which "doge" became another term for "dog."
Courtesy Experiment.com/dogecoin
Matt Thompson, a user of cryptocurrency, decided to accept Dogecoins as a form of payment for his Wisconsin vacation home which he put up for sale last summer.
Meme inspires Dogecoin cryptocurrency —
Matt Thompson, a user of cryptocurrency, decided to accept Dogecoins as a form of payment for his Wisconsin vacation home which he put up for sale last summer.
Courtesy Matt Thompson
<a href="index.php?page=&url=http%3A%2F%2Fireport.cnn.com%2Fdocs%2FDOC-1078168">Thompson's vacation home </a>is located in Hayward, Wisconsin. He's selling the house for 100 million Dogecoins, or about $135,000.
Meme inspires Dogecoin cryptocurrency —
Thompson's vacation home is located in Hayward, Wisconsin. He's selling the house for 100 million Dogecoins, or about $135,000.
Courtesy Matt Thompson
Although it started as a joke three months ago, Dogecoin's community has come together to finance several causes, including raising $30,000 on Crowdtilt to send the <a href="index.php?page=&url=https%3A%2F%2Fwww.crowdtilt.com%2Fcampaigns%2Fhelp-the-jamaican-bobsled-team-get-to-sochi" target="_blank" target="_blank">Jamaican bobsled team to the Sochi Winter Olympics</a>. Here's the team sporting their check and Dogecoin T-shirts.
Meme inspires Dogecoin cryptocurrency —
Although it started as a joke three months ago, Dogecoin's community has come together to finance several causes, including raising $30,000 on Crowdtilt to send the Jamaican bobsled team to the Sochi Winter Olympics. Here's the team sporting their check and Dogecoin T-shirts.
Courtesy Crowdtilt
Billy Markus, the creator of Dogecoin, says the cryptocurrency is meant to be fun and accessible. That could explain the<a href="index.php?page=&url=http%3A%2F%2Fdogecoin.com%2F" target="_blank" target="_blank"> silliness of its website</a>, which features a Shiba Inu zipping around in a rocket ship. "I hope Dogecoin continues to grow as the Internet's tipping currency and brings people joy," he said.
Meme inspires Dogecoin cryptocurrency —
Billy Markus, the creator of Dogecoin, says the cryptocurrency is meant to be fun and accessible. That could explain the silliness of its website, which features a Shiba Inu zipping around in a rocket ship. "I hope Dogecoin continues to grow as the Internet's tipping currency and brings people joy," he said.
Courtesy Dogecoin.com

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