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Bit Origin Advocates for Dogecoin as a Superior Payment Solution
Bit Origin, a prominent company listed on Nasdaq and known for its Dogecoin treasury, has spotlighted the areas where DOGE outshines Bitcoin. This initiative comes as part of their strategy to bolster the adoption of the meme coin as a preferred choice for routine transactions.
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Why Bit Origin Prefers Dogecoin Over Bitcoin
In a recent post on platform X, Bit Origin emphasized how Dogecoin is surpassing Bitcoin in terms of transaction speed, cost-efficiency, and overall usability. Unlike Bitcoin, which requires approximately 10 minutes to confirm a block, Dogecoin achieves this in just about one minute. This rapid confirmation process makes DOGE an attractive option for everyday transactions, with its lower fees adding to its appeal.
To further drive the adoption of DOGE, Bit Origin has announced its intent to develop merchant payment systems and integration tools. The company argues that both businesses and individuals are drawn to Dogecoin because of its minimal transaction costs, practical utility, engaging meme culture, and backing from notable figures. Elon Musk’s endorsement of DOGE, highlighting his affinity for the coin, serves as a significant testament to its growing acceptance. Bit Origin aims to transform this popular support into tangible utility, advocating that DOGE is more than a joke, offering swift transactions supported by a fervent community.
A recent example of Dogecoin’s increasing utility is its adoption by Alternative Airlines, a travel company that now accepts DOGE for flight payments. This move underscores the coin’s capability to handle a higher number of transactions per second (TPS) than leading cryptocurrencies like Bitcoin and Ethereum. Specifically, Dogecoin can manage up to 30 TPS compared to Bitcoin’s 25 and Ethereum’s 6.
Expanding Dogecoin Payment Solutions Across Industries
Beyond Bit Origin, other treasury companies are actively seeking ways to integrate Dogecoin into common payment systems and enhance its widespread usage. Thumzup Media, a company with ties to prominent figures, is currently developing DOGE integration as an alternative payment method within its app. This initiative reflects a broader trend within the DOGE community, which is advocating for the coin’s inclusion in platforms like X, to leverage its advantages for cross-border transactions.
House of Doge, another influential Dogecoin treasury company and part of the Dogecoin Foundation, is also making strides in promoting DOGE payments. Recently, they acquired a Swiss hockey team and plan to offer tickets and merchandise payable with DOGE, further cementing the coin’s practical application in the sports industry.
At the time of writing, Dogecoin is valued at approximately $0.19, having decreased by over 3% in the last 24 hours according to CoinMarketCap data.
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