Dogecoin’s Future, Beyond the Hype and Memes

Crypto is all about consensus, and if a consensus forms around the idea that dogecoin is a good asset/digital money, why can’t it become really big and notable on the global financial scene?

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

This week, we’re shaking up “Opinionated’s” format and adding two more co-hosts, Anna Baydakova and Danny Nelson. And we’re joined by another CoinDesker, our managing editor of podcasts, Adam B. Levine.

This episode is sponsored by hellointerpop.io and The Sun Exchange.

Last week he wrote a column on the rise of dogecoin, “Dogecoin Is Not the Next Bitcoin – But Here Are the Similarities.” Dogecoin was created in 2013 on litecoin’s infrastructure, and didn’t command much attention until last year.

Adam has been in crypto for ages and has seen the rise and fall of many projects. Is he seriously hopeful for DOGE’s bright future, or just trolling? In any case, on this podcast Adam, Ben, Anna and Danny are doing their best to take DOGE as seriously as they can.

Adam’s point is clear: Crypto is all about consensus, and if a consensus forms around the idea that dogecoin is a good asset/digital money, why can’t it become really big and notable on the global financial scene?

Dogecoin already surpassed bitcoin in investment returns over the last seven years, as Bloomberg’s Joe Weisenthal ironically (?) noted in his recent newsletter.

People want predictable digital money that other people use as well. Can dogecoin become this one day?

Can DOGE evolve into some kind of reliable money system not pegged to any particular state and government? Or will crypto influencers and companies like Slim Jim just have fun with it for a while and then forget about it for another eternity?

Listen to Ben, Adam, Anna and Danny discuss both fun and serious things about dogecoin, all while having fun staying DOGE-poor.

And check out Adam’s op-ed here: Dogecoin Is Not the Next Bitcoin – But Here Are the Similarities.

Adam B Levine’s Twitter handle is @AdamBLevine.

image credit: ajr_images/iStock/Getty Images Plus

HOSTS

Dan Ilett

Dan Ilett writes on tech, money and energy. He advises business on digital strategy and technology messaging for large deals. He is founder of Erbut - an advisory company - and Greenbang - a smart technology research company.

Anna Baydakova

Anna writes about blockchain projects and regulation with a special focus on Eastern Europe and Russia. She is especially excited about stories on privacy, cybercrime, sanctions policies and censorship resistance of decentralized technologies.
She graduated from the Saint Petersburg State University and the Higher School of Economics in Russia and got her Master's degree at Columbia Journalism School in New York City.
She joined CoinDesk after years of writing for various Russian media, including the leading political outlet Novaya Gazeta.
Anna owns BTC and an NFT of sentimental value.

Danny Nelson

Danny is CoinDesk's managing editor for Data & Tokens. He formerly ran investigations for the Tufts Daily. At CoinDesk, his beats include (but are not limited to): federal policy, regulation, securities law, exchanges, the Solana ecosystem, smart money doing dumb things, dumb money doing smart things and tungsten cubes. He owns BTC, ETH and SOL tokens, as well as the LinksDAO NFT.

Benjamin Schiller

Benjamin Schiller is CoinDesk's managing editor for features and opinion. Previously, he was editor-in-chief at BREAKER Magazine and a staff writer at Fast Company. He holds some ETH, BTC and LINK.

Danny Bradbury

Danny Bradbury has been a professional writer since 1989, and has worked freelance since 1994. He covers technology for publications such as the Guardian.

EPISODES