--- title: "Robinhood CEO favored Dogecoin and given roadmap for the 'Future currency of Internet'" description: "a Stock Exchange Platform Robinhood batted in a favor of Dogecoin and said it will be the future currency of internet" author: "Sanjay Goenka" published: 2022-04-16 canonical: https://www.mindstick.com/news/1572/robinhood-ceo-favored-dogecoin-and-given-roadmap-for-the-future-currency-of-internet category: "cryptocurrency" tags: ["technology", "cryptocurrency exchange platform", "technology news", "cryptocurrency"] reading_time: 2 minutes --- # Robinhood CEO favored Dogecoin and given roadmap for the 'Future currency of Internet' Stock and crypto [trading platform](https://www.mindstick.com/articles/44575/what-to-look-for-when-choosing-a-trading-platform) **Robinhood CEO** favored the **[cryptocurrency](https://www.mindstick.com/news/1436/cryptocurrency-investment-fraud-7-more-arrested-in-nagpur)** Dogecoin and said it will be the future currency of the internet. ## Highlights ``` Dogecoin has been offered continuously since 2018, Robinhood says Dogecoin has a potential that can be used as every day –use-crypto CEO of Robinhood advised some changes to the developers of Dogecoin ``` **Also Read: [Dogecoin Avail Offline Functionality Soon, Credit Goes to Elon Musk's Starlink](https://www.mindstick.com/news/1561/dogecoin-avail-offline-functionality-soon-credit-goes-to-elon-musk-s-starlink)** **Vladimir Tenev** has always promoted the use of Dogecoin as a daily used currency in Cryptocurrency and he batted in favor of **meme-based cryptocurrency**. Tenev noted that the [transaction](https://www.mindstick.com/blog/175/transactions-in-database) fees linked to Dogecoin at present need to be “Vanishing small”. Similar to his statement about cryptocurrency based on memes, Elon Musk said in the past. CEO Tenev has the belief that Dogecoin has the potential to emerge as a usable asset for day-to-day payments and it can be used also as an [online payment](https://answers.mindstick.com/qa/39250/which-online-payment-service-provider-has-partnered-with-indian-oil-corporation-limited-iocl-for-deployment-of-pos-terminals) option after some tweaks and [improvements](https://www.mindstick.com/blog/306937/claude-4-explained-features-improvements-and-use-cases) from the end of the [developers](https://www.mindstick.com/articles/12875/blunders-you-must-avoid-while-hiring-java-developers-to-get-the-best-fulfilling-your-needs). He also posted a series of Twitter threads in which he outlined the roadmap toward larger Dogecoin adoption. Chief of Robinhood told the highlight of the dogecoin has the two key areas that are its block size and block time that requires [improvement](https://answers.mindstick.com/qa/32074/which-state-introduces-land-improvement-schemes-act-bill-to-empower-farmers-in-state) before the cryptocurrency inches closer to becoming widely adopted. Presently **Dogecoin** has a **Block time of 1 minute** and a **block size of 1 MB** that can have the ability to give **40 [transactions](https://www.mindstick.com/interview/864/explain-acid-rule-of-thumb-for-transactions)** per second (**TPS**). Last year **Elon Musk** also commented over Dogecoin and said the gas fee should be reduced and it is the need of the hour. Billionaire investor Musk already accepts the Dogecoin for some of Tesla’s merchandise. **Also Read: [Ukraine Received Crypto Donations in Dogecoin and calls on Elon Musk for More Support](https://www.mindstick.com/news/1467/ukraine-received-crypto-donations-in-dogecoin-and-calls-on-elon-musk-for-more-support)** --- Original Source: https://www.mindstick.com/news/1572/robinhood-ceo-favored-dogecoin-and-given-roadmap-for-the-future-currency-of-internet Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.