Simon de la Rouviere on Dogecoin

a photo of crypto expert reviewer Simon de la Rouviere

Simon de la Rouviere

Simon de la Rouviere is an engineer at ConsenSys, the venture production studio for Ethereum.

Dogecoin

Dogecoin was created by Billy Markus and Jackson Palmer in 2013. Featuring a dog as its logo, Dogecoin was intended to be a joke currency that could reach a broader audience than Bitcoin.

🔑 63%

Dogecoin reviews by Simon de la Rouviere

All Dogecoin reviews by expert Simon de la Rouviere.

  • 2018
  • Simon de la Rouviere on Dogecoin Engineer of Societies at ConsenSys

    Medium-of-exchange tokens work when their signaling value is higher than the cost to implement it. There's always value in this collectible aspect of it. See: Dogecoin.

    Full review 🔑

    2018-06-03

  • 2013
  • Simon de la Rouviere on Dogecoin Engineer of Societies at ConsenSys

    A feature of money is its network effect: being a medium of exchange. IF an altcoin is just being speculated, it kick-starts its network effect, improving its “improvement delta” beyond its technical merits. Once it reaches escape velocity (people coming on board due to a lot of people already being on board, like Litecoin), it’s in the clear. Being in the right place at the right time is often enough.

    Looking at Dogecoin, a clear jokecoin (or memecoin), its added social features are the backing of a massive meme AND the fact that people see it as a joke/lighthearted . . . which might be enough to kick-start its network effect into escape velocity.

    I won’t be surprised if Dogecoin becomes a top 10 coin.

    Full review 🔑

    2013-12-14

Networks associated with Simon de la Rouviere

Categories associated with Dogecoin