Today news
About the same in other media
06.12 - 14:09
Few reasons why Binance’s CZ does not have to ‘get’ Dogecoin
Reading now: 144
A lot of people don’t understand Dogecoin. Fortunately, not everyone has to “get” specific cryptos for them to have value in the market. A handful of people who are ready to trade using the digital asset is all it takes for legitimacy.
Changpeng Zhao, Chief Executive Officer of Binance, is among the group of people who do not understand Dogecoin.
In a recent interview, CZ noted,
“To be honest, I don’t get Dogecoin. But this shows the power of decentralization. What I think may or may not matter. If a large enough number of people in the community value it because it’s cute, because they like the meme, then it has value.”
Well, this holds true not just for Dogecoin, but also for Shiba Inu, Floki, and many other “cute” coins which have built a
Read more on ambcrypto.comAbout this in other media
DOGE-Binance ‘quarrel’ resolved, deposits and withdrawals resume ambcrypto.com /2 years ago
Musk chides Binance CEO on dogecoin glitch economictimes.indiatimes.com /2 years ago
Elon Musk Throws 'Shade' at Binance Over DOGE Handling, CZ Bites Back cryptonews.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
