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Dogecoin Team Highlights Utility Over Value in Response to Bitcoin Milestone
The Dogecoin team asserts that the cryptocurrency will never reach a value that would cost users $1 billion, contrasting its utility with Bitcoin's. They emphasize Dogecoin's design for everyday transactions, highlighting its accessibility for regular people. This statement follows a reflection on the infamous 10,000 Bitcoin pizza purchase, which would now be worth $1 billion.
Wall Street Titans Shift Perspectives on Bitcoin Over the Years
In 2010, Laszlo Hanyecz made history by buying two pizzas for 10,000 bitcoins, valued then at $41, but now worth over $1 billion. Wall Street's views on Bitcoin have shifted dramatically, with figures like Larry Fink embracing it as a legitimate asset, while Jamie Dimon remains a staunch critic. Others, like Ken Griffin and Ray Dalio, express mixed feelings, acknowledging Bitcoin's value yet questioning its role in the financial system.
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