One of bitcoin’s early traders – Roger Ver – opined that Dogecoin (DOGE) has sure benefits over the first cryptocurrency. Additionally, he supported Musk’s determination to buy Twitter, opining that Tesla’s CEO may finish “censorship” on the social media platform.
Dogecoin Emerges as Bitcoin’s Contender
The 43-year-old American Roger Ver is commonly known as “Bitcoin Jesus” as a result of he was one of many early traders and promoters of the main digital property. However, in a current interview for Bloomberg, he didn’t appear all that supportive of BTC. Instead, he targeted on the first-ever memecoin – Dogecoin, saying it’s superior:
“Dogecoin is significantly better. It’s cheaper and more reliable.”
Ver revealed he hadn’t been a proponent of BTC for some time as a result of the asset deviated from its unique goal as a substitute forex. The American can also be not eager on people who assist solely the deserves of the biggest digital asset (akin to MicroStrategy’s Michael Saylor), rejecting another altcoins.
Apart from Dogecoin, he talked about Litecoin and Bitcoin Cash as the opposite two contenders that might displace BTC because the world’s most dominant cryptocurrency.
“Bitcoin Jesus” additionally touched upon one of many hottest matters just lately – Elon Musk’s takeover of Twitter. Ver is optimistic that Tesla’s boss may set up a social media platform the place freedom of speech is on the best degree:
“It’ll certainly make Twitter more attractive. I am really, really grateful that Musk is out there calling out censorship.”
Ver is among the many most acknowledged names within the cryptocurrency business. He started investing in BTC in early 2011 when the coin traded for round $1. Later on, he allotted tens of millions of {dollars} into new digital asset protocols akin to Ripple and BlockchainCom. In his most up-to-date look, the American admitted he’s nonetheless a “cryptocurrency whale” as he holds XRP, ETH, and XMR:
“I’ve always had a wide assorted basket in cryptocurrency. I was never a Bitcoin or Bitcoin Cash maximalist.”
Musk Thinks DOGE is Better, too
Arguably the preferred supporter of the memecoin is the world’s richest man – Elon Musk. He usually praises the token, as a number of months in the past, he argued that it’s higher fitted to funds than BTC.
In his view, the transaction quantity of the main cryptocurrency is low, and it’s “not a good substitute for transactional currency.” On the opposite hand, the “total transaction flow you can do with Dogecoin is much higher than bitcoin,” he concluded.
Another instance of Musk’s bullish stance on DOGE is the truth that his EV firm – Tesla – accepts the token as a cost technique for a few of its merchandise.
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