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Tipping is the Best and Simplest Usage For Dogecoin – Billy Markus
On May 6, Billy Markus, the co-founder of Dogecoin, listed three suggested use cases that he believed best suited the meme coin, DOGE. He revealed to his 1.4 million-plus Twitter followers that tipping people with DOGE is the simplest and the best way in which the meme coin can be used as it makes people happy.
Recently, Markus announced that he just used a Twitter bot to tip a prolific user with the most tips in Dogecoin history. Furthermore, a local news source reported that the Dogecoin CEO had earlier opined that integrating use cases to the functionality of the meme-based token would involve: firstly encouraging businesses and organizations to adopt and secondly, they should use DOGE in the form of a tipping currency.
He continued by describing the second utility case as the most holistic utility case of DOGE that would make people happy. He added that the third utility case that can be integrated into the meme-inspired token was to build a Dogecoin/Ethereum bridge that would be used to make DOGE available on Web3 Apps.
Elon Musk Commented On Markus’ Suggestions
Recently, a report shows the retort of Elon Musk, the founder of Tesla and SpaceX, to the utility cases suggested by Markus. The Dogecoin advocate said that it is quite important to encourage businesses and investors to adopt DOGE, he also affirmed that the meme coin is a tipping currency. However, he disagreed with the third suggestion as he said that it is not necessary.
Musk is a strong supporter of Dogecoin and he has been publicly advocating for investors to adopt it for some time now. Recently, he joined hands with the Dogecoin CEO to encourage the McDonald’s firm to add DOGE to the payment options on its platform. The report has it that he once hinted to the public that his company, SpaceX may soon adopt DOGE on its Payment platform.
Meanwhile, Tesla, his other company that manufactures electric cars, is already accepting payments in DOGE for certain products like ‘belt buckle’, ‘Giga Tesla’, and others. He concluded that it is possible that his new company, Twitter, may soon start accepting the meme coin for payments.
DOGE Enjoys Rapid Adoptions
This week came with glad tidings for the Dogecoin network as its native token, DOGE, would soon be one of the tokens now acceptable on the payment platform of GUCCI, a giant Italian Luxury Fashion House.
The firm announced that by the end of May, it would start accepting DOGE and several other cryptos in a number of its stores in America. It also revealed that it would soon extend the service to all of its stores in North America.
In the previous month, Roger Var, a popular influencer known as the ‘Bitcoin Jesus’ who initially advocated and aided the growth of the Bitcoin network, started advocating and encouraging people to join the Dogecoin community. The report showed that he recently claimed that DOGE is quite better than BTC.
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