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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-股票市場新聞、股票建議和交易提示
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.
最近宣佈,時尚品牌古奇(OTCMKTS:PPRUY)將開始接受道格考因(Dogecoin)(狗-美元)作為其零售網點的一種支付方式。古馳將總共接受10種加密貨幣作為其零售網點的支付方式。
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.
支付承兑將於本月晚些時候開始推出。然而,最初的推出將在紐約、洛杉磯、邁阿密、亞特蘭大和拉斯維加斯等零售業務價格較高的地區開始。
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也將接受的其他加密貨幣名單包括競爭對手Dogecoin柴犬 (Shib-美元)以及與美元掛鈎的五個穩定幣。
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.
在古馳零售店進行的所有加密支付都將使用二維碼或NFC讀取器進行,這些讀取器將作為銷售點終端使用。支付可以用選擇的加密貨幣進行交易,或者如果選擇的話,可以轉換成法定貨幣。
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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.
這一消息並未導致Dogecoin的價格大幅波動。然而,對於最初被其創造者視為笑話的表情包硬幣來説,這最終是一個好舉措。
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.
有很多猜測認為,狗狗最終將失去所有價值,最終將化為烏有。當然,在分析Dogecoin及其前景時,我已經多次站在這一邊。
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.
我對Dogecoin的主要問題一直是它缺乏實用性。當我説缺乏效用時,我指的是你根本不能像使用法定貨幣那樣使用它。因此,我的論點是,如果Dogecoin不創建現實世界的用例,它將註定變得一文不值。
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,儘管這一消息沒有以任何切實的方式影響這些硬幣的價格,但我認為這是個好消息。狗狗現在比以前更有用了。不,它遠沒有美元那麼有用。但讓我們稱讚它解決了它所面臨的主要問題之一。
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.
還應該指出的是,這對Dogecoin來説可能是一個很好的轉折點。如果Dogecoin被其他零售時尚店接受,那可能會在整個時尚業提供很好的用例。
If that use case proves to be successful, then Dogecoin could quickly see acceptance across other major industries.
如果這個用例被證明是成功的,那麼Dogecoin可能很快就會被其他主要行業接受。
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.
截至發稿之日,Alex Sirois並未(直接或間接)持有本文所述證券的任何頭寸。本文表達的觀點是作者的觀點,以InvestorPlace.com為準出版指南.
The post Dogecoin Could Build Use Cases in Fashion and Across Other Industry appeared first on InvestorPlace.
Dogecoin的帖子可以在時尚和其他行業建立用例,最先出現在InvestorPlace上。
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moomoo是Moomoo Technologies Inc.公司提供的金融資訊和交易應用程式。
在美國,moomoo上的投資產品和服務由Moomoo Financial Inc.提供,一家受美國證券交易委員會(SEC)監管的持牌主體。 Moomoo Financial Inc.是金融業監管局(FINRA)和證券投資者保護公司(SIPC)的成員。
在新加坡,moomoo上的投資產品和服務是通過Moomoo Financial Singapore Pte. Ltd.提供,該公司受新加坡金融管理局(MAS)監管(牌照號碼︰CMS101000) ,持有資本市場服務牌照 (CMS) ,持有財務顧問豁免(Exempt Financial Adviser)資質。本內容未經新加坡金融管理局的審查。
在澳大利亞,moomoo上的金融產品和服務是通過Futu Securities (Australia) Ltd提供,該公司是受澳大利亞證券和投資委員會(ASIC)監管的澳大利亞金融服務許可機構(AFSL No. 224663)。請閱讀並理解我們的《金融服務指南》、《條款與條件》、《隱私政策》和其他披露文件,這些文件可在我們的網站 https://www.moomoo.com/au中獲取。
在加拿大,透過moomoo應用程式提供的僅限訂單執行的券商服務由Moomoo Financial Canada Inc.提供,並受加拿大投資監管機構(CIRO)監管。
在馬來西亞,moomoo上的投資產品和服務是透過Moomoo Securities Malaysia Sdn. Bhd. 提供,該公司受馬來西亞證券監督委員會(SC)監管(牌照號碼︰eCMSL/A0397/2024) ,持有資本市場服務牌照 (CMSL) 。本內容未經馬來西亞證券監督委員會的審查。
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., 是關聯公司。
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