Dogecoin has a new organization dedicated to expanding its ecosystem beyond its meme coin origins, bringing together prominent products and development teams in an effort to turn the cryptocurrency’s popularity into everyday utility. DOGE Teams Make Serious Effort Around Meme Coin Dogecoin Labs announced its formation Wednesday in partnership with the Dogecoin Foundation, consolidating the […] from Bitcoin News https://ift.tt/B4xJDYn
A paper from the Bank for International Settlements (BIS), an organization of central banks, recycles old, repeatedly rebutted claims about bitcoin—but agrees with Strategy’s Michael Saylor that it isn’t working as everyday money. Both reach that conclusion, but for opposite reasons. In “Money and the Architecture of Trust,” published this month, Iñaki Aldasoro, an economist […] from Bitcoin News https://ift.tt/T2qp8dr