A few weeks ago, my mom heard about Bitcoin on the news, gave me a call. She wanted to mine BTC. When I explained that mining would not be a viable process considering the inherent difficulty and the age and type of her computer, she was disappointed. I showed her how to buy Bitcoins, how to make an offline paper wallet, and she spent a little money and now holds one BTC.
Once Doge popped up, I called my mom and told her she could mine! I set up her machine, and for a while she was pulling in a few thousand a day. Even with growing difficulty she's mining a few hundred a day. She's excited, and she's learned an absolute ton about cryptocurrencies because of Doge. She thinks the meme is cute, and she's been tipping people on Reddit, and giving away Doge in "real life" as well.
Bitcoin feels unaccessible to people like my mom. Most of the discussions that happen in the various Bitcoin communities occurs at a technological level that limits the kinds of participants involved. Since there are 100 BILLION Doge, it will always be affordable, joke or not, and with the kind community developing around it, it allows people like my mom to get involved and to learn some interesting things that will most likely impact her future.
My mom will hold on to her 1 BTC, sure, but she's using her Doge. She bought a cool trilobite fossil on the dogemarket subreddit, and is thinking of putting up her hand knit scarves for sale.
When 60 year old folks who have never been interested in the intersections of technology and economy start using Reddit and mining and using cryptocurrency, there is something special happening.
Once Doge popped up, I called my mom and told her she could mine! I set up her machine, and for a while she was pulling in a few thousand a day. Even with growing difficulty she's mining a few hundred a day. She's excited, and she's learned an absolute ton about cryptocurrencies because of Doge. She thinks the meme is cute, and she's been tipping people on Reddit, and giving away Doge in "real life" as well.
Bitcoin feels unaccessible to people like my mom. Most of the discussions that happen in the various Bitcoin communities occurs at a technological level that limits the kinds of participants involved. Since there are 100 BILLION Doge, it will always be affordable, joke or not, and with the kind community developing around it, it allows people like my mom to get involved and to learn some interesting things that will most likely impact her future.
My mom will hold on to her 1 BTC, sure, but she's using her Doge. She bought a cool trilobite fossil on the dogemarket subreddit, and is thinking of putting up her hand knit scarves for sale.
When 60 year old folks who have never been interested in the intersections of technology and economy start using Reddit and mining and using cryptocurrency, there is something special happening.