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  Okay, let's take a closer look.

Dogecoin is one of the five most important and popular digital currencies other than bitcoin.  It is an 'altcoin' (a 'bitcoin alternative'). You can buy and sell dogecoin at crypto currency exchange sites.  You can spend dogecoin at dogecoin accepted merchant stores.

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 Dogecoin is internet money.

Like all digital currencies, dogecoin is electronically produced using cryptographic software.  It is stored electronically in internet dogecoin wallets and each dogecoin wallet has a unique numerical and alphabetical digital code. It is an 'open source peer-to-peer digital currency' which means that no central authority controls and manages the production, distribution, digital transactions of dogecoins.  And, it is exclusively used in peer-to-peer digital transactions which are recorded on blockchains.  These blockchains constitute the financial ledgers for digital transactions such as buying, selling, and spending dogecoins.  Blockchains are also 'open source' (open to public view) and peer-to-peer.  The term 'peer-to-peer' as defined on Google is 'denoting or relating to computer networks in which each computer can act as a server for the others, allowing shared access to files and peripherals without the need for a central server'.   This peer-to-peer networking is the protocol for the digital transaction of bitcoin and altcoins. Crypto currency exchange sites that host digital money wallets are also peer-to-peer networks and adhere to the same digital protocols.

  Can dogecoin be exchanged for conventional currency?

Yes, it can.  Convert dogecoin to cash at dogecoin accepted crypto currency exchange sites and withdraw using bank wire transfer and payment processors.

 What is Shiba Inu?

Shiba Inu is a Japanese dog breed.  It is the symbol stamped on dogecoins and it is the mascot for the dogecoin community of peer-to-peer networkers.  Shiba Inu symbolically represents the fun and friendly nature of dogecoin enthusiasts.  As a symbol of the dogecoin, it represents all the fine qualities and characteristics associated with this pure breed.

The dogecoin is often depicted in various versions of a popular internet 'meme' or 'humourous image' of the dogecoin and a Shiba Inu dog which is personified by using internal monologue depicted in the meme by a series of multi-coloured texts written in broken English (imitating dog language) and using Comics Sans font for lettering.

   This internet meme which is affectionately addressed as 'Doge' became very popular in 2013. 

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Use Coinbase to exchange digital money and deposit cash to Paypal or directly to your bank account.

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