Tesla founder and CEO Elon Musk reaffirmed his support for the Doge ecosystem in a Friday interview on the Full Send Podcast. Musk who has always been vocal about his preference for the meme token rehashed his reasons for this. According to the billionaire, Dogecoin has a far greater transactional capacity than king crypto Bitcoin. DOGE Is a Better Choice in the Long Run Musk highlighted the transaction times of either blockchain to support his argument. Bitcoin processes transactions in…
Tag: Bitcoin Fungibility
A Look at Bitcoin Fungibility and Why It’s So Important
Bitcoin fungibility has long been the center of a debate that has waged on since its early days. In Bitcoin's infantile stage, most people wrongly believed the coin to be anonymous. However, nowadays, it’s well-known that Bitcoin isn’t private. In most ways, due to its open blockchain, it’s quite the opposite. This realization has led to some heated debates regarding the world's fungibility's first cryptocurrency. What is fungibility To understand the Bitcoin Fungibility debate, you first need to understand what…
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