Dogecoin: How the joke cryptocurrency became no laughing matter

In This Story: Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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In This Story: Cryptocurrency

A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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Major exchanges and platforms enable the purchase, trading and swapping of cryptocurrencies. To get started with crypto, register with an exchange or platform such as:

• Amon
• Binance US
• Bitstamp
• Nuri

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In This Story: Dogecoin

Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. Despite its satirical nature, some consider it a legitimate investment prospect.

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In This Story: Reddit

Reddit is a social news aggregation, web content rating, and discussion website. Registered members submit content to the site such as links, text posts, and images, which are then voted up or down by other members.

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In This Story: Shiba Inu

Shiba Inu token is a decentralized cryptocurrency created in August 2020 by an anonymous person or group known as “Ryoshi”. Its current
market capitalisation is US$30.9 billion

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