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Dogecoin Could Build Use Cases in Fashion and Across Other Industry
Dogecoin Could Build Use Cases in Fashion and Across Other Industry
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
It was recently announced that fashion brand Gucci (OTCMKTS:PPRUY) will begin to accept Dogecoin (DOGE-USD) as a method of payment at its retail outlets. In total, Gucci will be accepting 10 cryptocurrencies as payment in its retail outlets.
The rollout of the payment acceptance will begin later this month. However, the initial rollout will begin in areas with a higher-priced retail presence including New York, Los Angeles, Miami, Atlanta, and Las Vegas.
The list of other cryptocurrencies which will also be accepted by Gucci includes Dogecoin rival Shiba Inu (SHIB-USD) as well as five stablecoins that are pegged to the U.S. dollar.
All crypto payments done at Gucci retail outlets will be made using a QR code or NFC Reader which will be available as a point of sale terminal. Payments can be transacted in the cryptocurrency of choice or converted to fiat currency if so chosen.
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The news didn't cause Dogecoin's price to move substantially. However, this is ultimately a good move for the meme coin which was initially conceived as a joke by its creators.
There's been a lot of speculation that Dogecoin will ultimately lose all of its value and run to zero. I've certainly been on that side of the fence many times while analyzing Dogecoin and its prospects.
My main problem with Dogecoin has always been its lack of utility. When I say lack of utility, I refer to the fact that you simply can't use it as you would fiat currency. So, my contention was that Dogecoin would be fated to become worthless if it didn't create real-world use cases.
So, although the news didn't move those coins' prices in any tangible way, I think this is good news. Dogecoin is now more useful than it was prior. No, it isn't nearly as useful as the U.S. dollar. But let's give it kudos for addressing one of the major problems that it has.
It should also be noted that this could be a great tipping point for Dogecoin. If Dogecoin is accepted at other retail fashion outlets that could provide great use cases across the entire fashion industry.
If that use case proves to be successful, then Dogecoin could quickly see acceptance across other major industries.
On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
The post Dogecoin Could Build Use Cases in Fashion and Across Other Industry appeared first on InvestorPlace.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
InvestorPlace-股票市场新闻、股票建议和交易提示
It was recently announced that fashion brand Gucci (OTCMKTS:PPRUY) will begin to accept Dogecoin (DOGE-USD) as a method of payment at its retail outlets. In total, Gucci will be accepting 10 cryptocurrencies as payment in its retail outlets.
最近宣布,时尚品牌古奇(OTCMKTS:PPRUY)将开始接受道格考因(Dogecoin)(狗-美元)作为其零售网点的一种支付方式。古驰将总共接受10种加密货币作为其零售网点的支付方式。
The rollout of the payment acceptance will begin later this month. However, the initial rollout will begin in areas with a higher-priced retail presence including New York, Los Angeles, Miami, Atlanta, and Las Vegas.
支付承兑将于本月晚些时候开始推出。然而,最初的推出将在纽约、洛杉矶、迈阿密、亚特兰大和拉斯维加斯等零售业务价格较高的地区开始。
The list of other cryptocurrencies which will also be accepted by Gucci includes Dogecoin rival Shiba Inu (SHIB-USD) as well as five stablecoins that are pegged to the U.S. dollar.
Gucci也将接受的其他加密货币名单包括竞争对手Dogecoin柴犬 (Shib-美元)以及与美元挂钩的五个稳定币。
All crypto payments done at Gucci retail outlets will be made using a QR code or NFC Reader which will be available as a point of sale terminal. Payments can be transacted in the cryptocurrency of choice or converted to fiat currency if so chosen.
在古驰零售店进行的所有加密支付都将使用二维码或NFC读取器进行,这些读取器将作为销售点终端使用。支付可以用选择的加密货币进行交易,或者如果选择的话,可以转换成法定货币。
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The news didn't cause Dogecoin's price to move substantially. However, this is ultimately a good move for the meme coin which was initially conceived as a joke by its creators.
这一消息并未导致Dogecoin的价格大幅波动。然而,对于最初被其创造者视为笑话的表情包硬币来说,这最终是一个好举措。
There's been a lot of speculation that Dogecoin will ultimately lose all of its value and run to zero. I've certainly been on that side of the fence many times while analyzing Dogecoin and its prospects.
有很多猜测认为,狗狗最终将失去所有价值,最终将化为乌有。当然,在分析Dogecoin及其前景时,我已经多次站在这一边。
My main problem with Dogecoin has always been its lack of utility. When I say lack of utility, I refer to the fact that you simply can't use it as you would fiat currency. So, my contention was that Dogecoin would be fated to become worthless if it didn't create real-world use cases.
我对Dogecoin的主要问题一直是它缺乏实用性。当我说缺乏效用时,我指的是你根本不能像使用法定货币那样使用它。因此,我的论点是,如果Dogecoin不创建现实世界的用例,它将注定变得一文不值。
So, although the news didn't move those coins' prices in any tangible way, I think this is good news. Dogecoin is now more useful than it was prior. No, it isn't nearly as useful as the U.S. dollar. But let's give it kudos for addressing one of the major problems that it has.
因此,尽管这一消息没有以任何切实的方式影响这些硬币的价格,但我认为这是个好消息。狗狗现在比以前更有用了。不,它远没有美元那么有用。但让我们称赞它解决了它所面临的主要问题之一。
It should also be noted that this could be a great tipping point for Dogecoin. If Dogecoin is accepted at other retail fashion outlets that could provide great use cases across the entire fashion industry.
还应该指出的是,这对Dogecoin来说可能是一个很好的转折点。如果Dogecoin被其他零售时尚店接受,那可能会在整个时尚业提供很好的用例。
If that use case proves to be successful, then Dogecoin could quickly see acceptance across other major industries.
如果这个用例被证明是成功的,那么Dogecoin可能很快就会被其他主要行业接受。
On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
截至发稿之日,Alex Sirois并未(直接或间接)持有本文所述证券的任何头寸。本文表达的观点是作者的观点,以InvestorPlace.com为准出版指南.
The post Dogecoin Could Build Use Cases in Fashion and Across Other Industry appeared first on InvestorPlace.
Dogecoin的帖子可以在时尚和其他行业建立用例,最先出现在InvestorPlace上。
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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