![]() Based on the "Doge" meme, which portrays a shiba inu dog, Markus and Palmer didn't intend for dogecoin to be taken seriously. In comparison, dogecoin was created as a joke in 2013 by software engineers Billy Markus and Jackson Palmer. Trust in bitcoin has grown with institutional and retail investors during its 12-year run, which led to the cryptocurrency selling for record high prices this year. Bitcoin supporters see the cryptocurrency as digital gold and a hedge against inflation. Nakamoto's intention was for bitcoin to become a prominent decentralized digital currency. ![]() Another difference between dogecoin and bitcoin is the premise on which each was created.īitcoin launched in 2009 with an extremely detailed white paper written by Satoshi Nakamoto, the pseudonym used by bitcoin's creator or creators.
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