Jackson Palmer, the creator a new form of cryptocurrency called Dogecoin, has some insights into the future of the digital dollar. Invented in December of 2013, Dogecoin has about $150,000 in circulation – with one dogecoin equaling $0.0005. Palmer suggests that the success of a currency depends upon its usage by consumers and bysuinessness. Making a digital currency popular relies on retaining merchant and user interest, and on incentivizing businesses of all sizes to use cryptocurrency as a form of payment.
The Future of Cryptocurrency (Mashable)
May 3, 2014 By Leave a Comment