Dog Coin Founder Responds to Ripple CEO: ‘DOGE Is Basically the Same as BTC’

Dogcoin (DOGE) has recently received both support and negative comments from some prominent crypto practitioners in the crypto community.

A discussion erupted on the X platform (previously known as Twitter) when Dogcoin founder Billy Markus (aka “Shibetoshi Nakamoto”) responded to Ripple CEO Brad Garlinghouse’s comments about the Dogcoin.Bitcoin Miner

Brad Garlinghouse ‘Doesn’t Get’ Dogcoin

Last week, during a panel discussion on “A Sober Look at Crypto” at the World Economic Forum (WEF) in Davos, Switzerland, an X-user uploaded a video clip showing the comments made by Ripple’s CEO while talking about this dogcoin.

In the video, the Ripple CEO stated his belief that “we will start to see a clear distinction between useful and less useful crypto assets.” When discussing the appeal of Dogcoin, Garlinghouse expresses that he ‘doesn’t see much’ in Dogcoin and notes that he doesn’t see a use case or purpose for DOGE other than Elon Musk’s involvement in this Dogcoin.

The Ripple CEO said:

“What I don’t think we’ve seen yet, and I still think we’ll eventually see, is how these assets can be used to solve real problems with real needs, as opposed to something like Dogcoin, which I don’t see. I don’t see the use case or the purpose other than Elon Musk being the centerpiece.”

The founder of Dogcoin took issue with the comments made by the CEO of Ripple, stating on the X platform that “Dogcoin is basically the same as Bitcoin with slightly different parameters and a dog mascot,” and claiming that these types of comments are coming from “little minds pretending to be smart.”

Heated Discussion Between Users and Dogcoin Founder

Marcus’ response sparked both positive and negative responses from the online crypto community. One user sternly told the Dogcoin founder “don’t kid yourself,” questioning his claim that Bitcoin and Dogcoin are the same, asking “then why is Bitcoin worth so much more than Dogcoin?” Marcus quickly retorted, labeling the question as ‘such a low IQ opinion’.

Regarding the Ripple CEO, another user claimed that Garlinghouse ‘doesn’t understand’ the practical applications of Dogcoin, to which Marcus responded “He’s a crypto-industry bro, arguing that some cryptocurrencies in his hands (that he holds) are better than others, just like every other boring low IQ person in this space.”ETC mining

Finally, when asked about his assessment of XRP, the Dogcoin founder refused to answer, simply stating “I don’t care because I don’t have any XRP.”

According to CoinGecko, the price of Dogcoin has risen by 3.3% in the last 7 days. This may be related to the discussion around the possible integration of Dogcoin as a payment method for Platform X, which has generated interest and optimism in the community.

Over the weekend, the cryptocurrency’s price stayed around $0.08, before dropping over 3.2% in the last 24 hours.