Erik Weijers, a year ago
Digital conducted an interesting survey of a thousand owners of American small businesses. Some surprising results: Over 27% want to start accepting crypto in 2022. Possibly even more surprising is that Doge is number 3 on the wish list of coins to accept - right after Bitcoin and Ether.
Digital is a review website that focuses on products for small businesses. As we had to blink for a second about the Doge result we'll cite the exact question:
Which cryptocurrencies do you plan to or already accept?
To that question, out of a thousand respondents, 83% answered Bitcoin, 42% Ethereum and 29% Dogecoin. Remarkably, Doge leaves Tether (USDT) behind (14%). Tether is a stablecoin, which has the advantage of little or no price fluctuation compared to other crypto currencies. And yet, this coin is not as high on the list. Perhaps because a dollar stablecoin has less added value in the United States than in other countries?
Perhaps even more interesting than just the intentions of small business owners, are the actual adoption numbers. 10% say they already accept crypto in the (web) shop. Another finding: almost one in three business owners feel pressure to accept crypto. That pressure simply consists of repeated customer demand. Companies do not want to lose customers. Incidentally, 30% of respondents say they will never accept crypto.
This news is bullish for crypto becoming mainstream. The fact that Microsoft or Wikipedia accept Bitcoin for payments or donations is one thing. But that the demand becomes so high and the payment infrastructure so accessible that anyone can adopt – that is another matter.
Apr 29, 2023
You may have noticed: the sudden rebound in the price of Floki Inu (FLOKI) last Monday, April 24. The reason? The cutest of dog coins got listed on Binance US. The attention of the boss among crypto exchanges gives FLOKI extra legitimacy.
Apr 14, 2023
Elon Musk is transforming Twitter into “X” the everything app. Once again, he and his plans were all over the media when Twitter announced a partnership that would transform it into a trading desk. But this is not the only news this week. Musk is offering a hefty bounty for anybody who presents him with proof of a story that somehow got perpetuated by the media.
Apr 04, 2023
The price of Doge surged with more than 30% yesterday after Twitter replaced its familiar blue bird atop its homepage with the iconic Dogecoin logo. It's obviously not the first time Twitter's CEO Elon Musk promotes Doge. We place the current tweet in perspective of his love affair with the OG meme coin.
Mar 17, 2023
Dogecoin fanatics will soon have the chance to embark on a sacred journey: meeting the Doge. The jpeg? No! The actual Shiba Inu dog that inspired the meme that inspired the coin. It is called Kabosu, lives in Japan and has reached the respectable age of 17.
Sign up to stay informed via our email updates