HOW A JOKE BECAME A MULTIBILLION CURRENCY MARKET The Origins of Dogecoin
to jump on the Dogecoin buzz. He asked Palmer’s permission to build the software to create an actual Dogecoin.
Would you create an actual cryptocurrency to make fun of other cryptocurrencies? That’s exactly what Jackson Palmer and Billy Markus did, and it’s paid off with an over $70 billion currency market. Now, it’s the fourth-largest cryptocurrency in the world.
Most cryptocurrencies are fairly serious and sterile in presentation, but Dogecoin was always different. Palmer and Markus decided to market Dogecoin as the “fun” version of Bitcoin. Since Bitcoin had a limited supply while Dogecoin had an unlimited supply, Dogecoin was also faster and more consumer-friendly for new crypto investors. In 2015, Palmer made his departure from Dogecoin, citing the currency’s “toxic community” as a main reason why he left. Dogecoin also had its financial struggles during the 2018 cryptocurrency crash, but today, it’s grown stronger than ever. As of early May 2021, Dogecoin’s price is up more than 13,000% for the year.
Dogecoin (symbol: Ð) is a cryptocurrency that provides a payment system (like Bitcoin, another digital currency) that is instant, fun, and free from traditional banking fees. Its playful name and Shiba Inu dog mascot caused the currency to start as a meme, but as people began to actually purchase it, it became worth more and more. Before Dogecoin, Palmer was a product manager at Adobe Inc.’s office in Sydney, Australia. As a “skeptic-analytic” observer of crypto, he joked on Twitter about creating Dogecoin as a way of satirizing the hype for cryptocurrencies. Surprisingly, people were totally on board. So, he bought the domain name Dogecoin.com.
Even though Dogecoin’s origins are humorous, Palmer and Markus’ business decisions were no joke. If you decide to purchase Dogecoin yourself, whether as a joke or for investing, please do your due diligence to understand the risks of cryptocurrency.
That’s when Markus, a software developer at IBM, contacted Palmer. He wanted to create a digital currency but had trouble promoting his project and decided
Easy Zucchini Enchiladas Inspired by Delish.com
This healthy summer dish is the perfect way to use up extra zucchini!
Ingredients •
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3 cups rotisserie chicken, shredded 1 1/3 cups red enchilada sauce, divided 4 large zucchini, sliced very thin lengthwise and dried
1 tbsp olive oil 1 onion, chopped
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2 cloves garlic, minced
2 tsp cumin
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2 cups shredded cheese
2 tsp chili powder
Sour cream and cilantro, for garnish
Salt, to taste
Directions 1. Preheat the oven to 350 F. In a large skillet, heat oil over medium heat. Add onion and cook, stirring for 5 minutes. 2. Add garlic, cumin, chili powder, and salt. Cook for 1 minute, then add chicken and 1 cup enchilada sauce. Stir to combine. 3. On a cutting board, lay out three slices of zucchini side by side. Top each with a scoop of chicken mixture, then roll into a tube. Repeat with remaining zucchini slices. 4. Add the rolls to a baking dish. 5. Top the rolls with the remaining enchilada sauce and cheese. Bake for 20 minutes. Top with garnishes!
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