Is Dogecoin “a better Bitcoin”?

While the Bitcoin corporate treasury wave, led by Michael Saylor, has generated excitement, concerns arise regarding his company’s Bitcoin accumulation strategies.

Among those concerned is All In Podcast host Jason Calacanis, who argues that Saylor’s actions have opened the door for “a better Bitcoin,” prompting a humorous response from the Dogecoin team.

On March 11, in reaction to Saylor’s claim at the Blockchain Policy Institute that Bitcoin is a “superpower,” Calacanis contended that Saylor’s Bitcoin evangelism and accumulation methods are detrimental to the digital asset ecosystem.

> “Too much centralization, too much hyperbole, and too many conflicts. He’s actually setting up the perfect opportunity for someone to launch ‘a better Bitcoin.’ I don’t know what that would look like, but he’s set the stage perfectly,” he commented.

Calacanis’s statements triggered mixed reactions. The Dogecoin community cheekily implied that DOGE is the “better Bitcoin,” responding to Calacanis with a sarcastic Willy Wonka GIF.

Dogecoin, being a fork of Bitcoin with minor adjustments, particularly in tokenomics, arguably positions it as more payment-friendly, catering to retail users more than Bitcoin does.

However, the notion of “a better Bitcoin” is not new and has driven the creation of many altcoins. Yet, none have managed to overshadow the original cryptocurrency’s allure as a digital scarce asset.