I put a dog on a coin and the rest is history - hey Steemit!
Hey there, my name is Jackson Palmer, and amongst other things I’m known as the guy who put a dog on a coin and kickstarted the wild ride that was (is?) Dogecoin. Here’s a picture of me speaking at the first Dogecoin conference, “Dogecon” back in 2014:
It seems forever ago that I first posted the tweet that would lead to Dogecoin becoming a reality, and I'm still amazed every day that the currency continues to maintain a $25-30M market cap... I guess it's kind of stable in that regard actually? We achieved a lot of great things with Dogecoin, from sponsoring a Jamaican bobsled team so they could attend the Winter Olympics, to raising money for guide dogs and to drill wells in Kenya, and the sponsorship of a NASCAR which I was lucky enough to see on the track in person.
All of that wouldn't have been possible without the amazing community that grew around Dogecoin, and part of me likes to think that in a way Dogecoin influenced cryptocurrency as a whole and made everyone take themselves just a little less seriously. It also brought a wider demographic of new people into cryptocurrency and started to educate them about its use, which I think is pretty cool.
You can learn more about the history of Dogecoin in this interview I did with Kevin Rose for Foundation:
...as a community we also had our fair share of drama, but that's a story for another day :)
Steemit is an interesting concept to me as it also embraces the community building approach and some of the content here already looks really interesting! One of Dogecoin's primary use cases was also tipping, which you folks seem to have nicely implemented here. My advice: Use the strength of your community for good, always keep things fun and never let greed become your primary motivator (it can be hard in the world of crypto, I know)
As for what I'm working on right now, some topics/ideas/side projects that have been on the top of my mind lately are:
- Bringing regulation to the table in a way that makes sense.. it's clear we need some sort of change to avoid a new Bitfinex happening each week
- Better utilizing WebRTC as a P2P channel for cryptocurrencies
- Smart contract interoperability across different blockchains (imagine a blockchain per country or per legal jurisdiction)
Thanks for having me here, feel free to drop any questions / suggestions for future posts in the comments!
FYI, 100% of the proceeds from this post (well, the 50%) will go towards hosting a big ol' karaoke party in San Francisco - everyone is invited and Mad Bitcoins has even offered to help organize...
**UPDATE: ** Mark 9/17 in your calendar, we have a venue planned in SF... it's gonna be awesome!
Doge STEEMING!!
You had me at karaoke!
earn 1-5$ without even using soo much of electricity and money on hardware it really helped me it could also help you https://steemit.com/earn/@kamal/really-earn-2usd-5usd-per-day-or-more-just-by-chatting
Hope that helps!
Just one request---you sing "who let the dogs out" and record it for me? I would love to see it trend on steemit :)
It's happening - 9/17 in SF. You're invited if you can make it :)
(otherwise, recording is definitely going to happen)
U.S. dollar bill & Bavarian Illuminati symbolism hidden in plain sight
https://steemit.com/money/@cryptocurrency1/u-s-dollar-bill-and-bavarian-illuminati-symbolsim-hidden-in-plain-sight
Wish I wasnt on the completely wrong side of the country. :(
hey check out this bro
https://steemit.com/earn/@kamal/really-earn-2usd-5usd-per-day-or-more-just-by-chatting
Arrggghh, this sounds totally up my street, I wish I lived more locally so I could attend. The right country would be a good start! (anybody wan't to buy my plane ticket for me? I do a great Frank Sinatra rendition)
Have an awesome event. I'm looking forward to hearing/reading all about it!
That's a great idea to give back to the people showing love to you already. You clearly have the bigger picture in mind. I wish the party was closer to New York, because I would love to showcase my karaoke skills. Hope it is a great success!
I'm really good at singing "Darude - Sandstorm" (troll joke on youtube for those who may not know haha) Origin of the Darude Sandstorm Meme
calendar marked.
https://steemit.com/earn/@kamal/really-earn-2usd-5usd-per-day-or-more-just-by-chatting hey checkout this also
earn 1-5$ without even using soo much of electricity and money on hardware it really helped me it could also help you https://steemit.com/earn/@kamal/really-earn-2usd-5usd-per-day-or-more-just-by-chatting
Wow! I have followed Dogecoin for such a long time. I thought it was a fad that would die out, but that adorable little shiba inu doesn't want to give up.
Far more successful than than another coin I thought was a joke and turns out to have irked Kanye West (throwback to those that remember) Coinye coins
But I am grateful to Dogecoin for the community they have provided. It's a pretty awesome story in the cryptocurrency field and one of the few coins I truly enjoyed mining.
I like to so a little photoshop to welcome some of the new exciting people to steemit, so here is a quick combo of you and your beloved dogecoin
Looks like he may have been smoking a small amount of marijuana, but that is quite a popular topic here so I am sure Palm-e coin will be welcomed to fund many cannabis startups.
But in all seriousness welcome and I look forward to the insight you have to share with steemit and hope others kindly welcome you as well.
Yeh...Kanyecoin was hilarious..but not so lovable. I never touched it.
And yeh...Coinye. Gotta give it to him. He has the gumption to try to make a buck off idiots (says the guy who bought coins with a dog's head on them).
Haha! I mean there's a Trump coin so who knows. Kanye said he might run for president, but I don't think I want my niece looking up to "first lady Kim" if that ever happened
Lets just put our heads in the sand and forget it is possible (for the time being)
Yes we may wish to keep our heads in the sand for as long as possible. I never would have thought it even possible to have a person who is more egotistical than Trump who would actually get some votes if he were to run.
Trump coin was hilarious to me until he ran for president. I wonder what his prsesidency will do to coin value!
Bahahaha I love it... :)
Knowing how to post gifs already puts you well past a good number of users. This the coolest community I've ever been a part of.
What's next for dogecoin? It's always near the top due to the loyal fan base, but what new developments are in the works?
My secret dream is to migrate it to a safer blockchain tech without the reliance on PoW... I worry about the reliance on AuxPoW/shared mining with Litecoin and how long that will sustain. Had a few chats with my friend Jae who is building Tendermint and that might be a realistic option (based on a coin burn / snapshot migration)... If only I had the time to do all the dev work required!
I can only imagine the amount of time that will take. And a movement away from POW seems like a very important change. Pos seems to be gaining traction for some alternative coins. But long term mining just doesn't seem to make sense to me. I actually am unsure how mining for steemit changes over time, but I should look into it.
I remember when doge was at 3 sats and I was earning like crazy! Yea many have come and before regulations restrict currency creations, many more will come and go! Doge will always moon and beyond!!
Such verification, much Twitter: https://twitter.com/ummjackson/status/764612982634491906
Disclaimer: I am just a bot trying to be helpful.
Thank you, this confirmed that @ummjackson is not a bot quite helpful for a bot.
welcome @ummjackson
Massive illuminati members fled the USA.
https://steemit.com/illuminati/@cryptocurrency1/massive-illuminati-members-fled-the-usa
Wow this has nothing to do with this post...but for some reason I will still look at it after I am done :D
It was very dissappointing...and a crap post going to flag it actuallu and anyone who reads and agrees please do so too. If you dont think i should flag tell people why (noone who actually looks at it will disagree).
This is hilarious. Most of you people who believe in the illuminati bs lies are ridicoulos. Media propaganda and bull crap. But hey, who am I too judge. Believe the priest who plays with little boys butss and peepees! Smh!!
hi @ummjackson... you're welcome
hi... @ummjackson , you are welcome
@ummjackson
Wow, it really is you! Thank you for the twitter confirmation, we've been hit by a bunch of people stealing identities and you have alleviated all fears of that via your tweet!
In lieu of the verification ordeal, Welcome Aboard Sir! You're quite the celebrity and a considered by many of us to be a pioneer in the world of Altcoins!
.
Dogecoin was an prime example of what many thought would a hilarious joke and hoax of an altcoin, yet Jackson proved them all wrong when it became a monster of a hit!
Major Kudos to you and your amazing story of success!
Thanks for having me aboard!
ummm it was a hit because it was used in a Pump and dump by a Chinese dude.
The coin has, and had no new or interesting tech, was just a bit of a laugh
Because a $30,000,00 is a trivial marketcap and a just bit of a laugh? Hahahaha. That the kind of comment is definitely worth, just a bit of a laugh. It may have fallen a bit short of the $30 million mark though.
All coins get pumped and dumped at one point or another, even Bitcoin. Trivializing @ummjackson's success and attributing it to a Chinese market manipulator just goes to show that there truly is at least one hater in every group. We all know it was a Scrypt coin started as a joke. In the end the joke was on everyone else who said it would never live long enough to prosper and was doomed to fail, yet it's still being traded on exchanges to this very day. Last I checked (as in 5 minutes ago) it's actually up 7.5% given its 24hr average on Poloniex.
What made it new and unique was that it was never meant to be taken so seriously and even better still was meant as a way to entice the masses with humor instead of dollar signs. If you want to call a $30,000,000 market cap "just a bit of a laugh" then damn! You must be sitting on untold fortunes.
Some things are worth more than money. If you read the whole thread you'll see that even @ummjackson understood this fact when releasing the coin. What made it special was that it was never supposed to be a big hit but it became one anyway because people really do find value in humor and it's that value that has kept Doge alive and well since the day it was born.
Great post!
EthereumNews is now on Steemit!
https://steemit.com/ethereum/@ethereumnews/ethereumnews-is-now-on-steemit
oh hey so why dont you hijack another post to make that known?
Sorry ETH who? you mean that coin that hardforked in a centralised manner?
Welcome :) Surprised to see you here. I remember when Dogecoin was brand new.
It still will be to many new steemers ;)
Yep :) Maybe Steem will make crypto mainstream.
I'll never forget the day I told my brother I bought 100,000 DOGE coin...
He knew a little about bitcoin from me and just laughed so hard when I told him I divested into Doge. It was around the time of the Jamaican bobsledding team...
Hey @ummjackson, you should RSVP for a hangout sometime and tell us some of the triumphs and struggles that have come from the Doge History archive. I'd love to cover it for the #beyondbitcoin history books :)
Those were the days :)
Would love to do a hangout, how do I signup? There are too many stories haha.
Ill send u a pm about it alog with a few SBD as a tip. Gotta go to sleep for now though ;)
And as for the stories...i suspect you will have an indefinitely captivated audience who will let you give them as many as you want :)
Doge was the first alt I ever minded. Remember watching that NASCAR race hoping for more views of the car.
I'll never forget seeing the Dogecar race in person at the Sonoma raceway with Mohland (creator of Dogetipbot). Much booze, such laughs, very vroom.
I was so hoping they would release a 1:24 scale collectible of that car. Don't think they ever did.
There is a 1:64 scale!! http://www.planbsales.com/Josh-Wise-2014-Dogecoin-1-64-p/c984865dijw.htm
That's right, the Nascar, I forgot about that @fubar-bdhr
Welcome to Steemit!
I love dogecoin. It's the first currency backed by a collective sense of humour.
No serious investor would buy dogecoin, just the silly ones. Who doesn't like a silly investor?
Lol true..
Hi @ummjackson ! So happy you decided to post. I'd love to read another post on your thoughts about using WebRTC for cryptocurrency.
So after some trawling Github, I found that someone is already trying this with Webcoin (https://github.com/mappum/webcoin) for Bitcoin... very impressive stuff. The beauty of utilizing WebRTC is that you're removing the barrier to entry of having someone install something. So you could have an entirely decentralized client-side wallet, marketplace, etc. without having to install a desktop app or Chrome extension. It's that kind of tearing down of barriers which will finally bring mass adoption to cryptotokens - you need to make it a single-click, almost passive use case that's intertwined with existing workflows (ie. browsing the web)
Jackson I think you are spot-on that everything blockchain is going to have to get a lot simpler before critical mass/mass adoption can happen for anything blockchain. No doubt that people would be as carried away as myself with blockchain innovation, and the excitement that it brings to one daily once a point of entry is discovered, if one could just get started. I definitely think that Steem has been the easiest application yet for me to 'get' (and with which to get started) in the blockchain space. One can jump right in and participate in an activity that is fun and rewarding without having to understand Bitcoin, cryptocurrencies, or blockchain technology generally. Steem is thus a gateway into this new world for 'non-technical' types, and I think that understanding of the blockchain space may happen somewhat passively for folks if they can just find a place to fit in and express themselves without having to 'wrap their head around' something so different from what they are used to. Please forgive me if I am off-topic or have no idea what I am talking about as I am truly a neophyte with all of this, but I am more excited now than I have been since the arrival of the Mosaic browser ( and the world wide web). What an amazing time to be alive!
You're absolutely right, it takes use cases like Steem to get people into crypto without putting the monetary/crypto component right in their faces... in this case it's about great content, in other cases it could be things like identity management, inventory management etc. There are lots of potential use cases that don't revolve around "make money with money hackers use" which is what the mass market perceives Bitcoin as. :)
oh man...you really need to look at the graphene toolkit that was used to build steem. You obviously also need to speak with @dantheman directly about DACs as you are just smacking the nail directly on its head with every post...
WOW dogecoin is my favorite coin. Im surprised Dogecoin is still at the topish of the marketcap, what is doge can never die.
yeh i honestly think doge might be able to survive even if bitcoin didn't. so odd how a meme can be so frigging burned into EVERYONE's consciousness who sees it even once.
Welcome to STEEMIT @ummjackson . Just wanted to thanks for an awesome platform that opened the eyes of many to crypto-currencies. What might have started as something "of a joke" actually became something people believe in. I actually got to mine some dogecoin. Anyway, welcome.
full $teem Ahead!
@streetstyle
Thanks, that means a lot!! :)