According to U.Today, Billy Markus, the co-founder of Dogecoin, has expressed his views on the use of cryptocurrencies for tipping on social media platforms. Markus, who is also known as 'Shibetoshi Nakamoto' on social media, launched Dogecoin (DOGE) in 2013 with Jackson Palmer. Despite leaving the project shortly after its launch, Markus continues to monitor the progress of DOGE and the broader cryptocurrency market, often sharing his thoughts on social media.
Recently, Markus commented on the idea of adding DOGE as a tipping option on social media platforms. This came after claims that Bitcoin (BTC) and Ethereum (ETH), despite being officially added, are rarely used for tipping content creators. The discussion was initiated by a tweet from a user named @dogeofficialceo, who stated that he had never received a tip in BTC or ETH, nor had he heard of anyone using them for this purpose. However, he noted that the Dogecoin community has been actively using third-party applications such as MyDoge wallet and sodogetip to make daily DOGE transactions on social media.
The user suggested that if social media platforms were to implement cryptocurrency payments, it would make sense to support the one that is most actively used, in this case, DOGE. Shortly after this tweet was published, the user received a tip of 0.001 ETH via the platform's internal feature. The BTC tipping feature was launched in September 2021, and the ETH tipping feature was added in February 2022.
Markus joined the discussion, agreeing with @dogeofficialceo's point. He also stated that adding DOGE as a tipping option would be a simple task that could be completed in a few hours. The cryptocurrency community is hopeful that DOGE payments will be implemented on social media platforms by the end of 2024.