#Lookit

Dogecoin raises money to send Jamaica bobsled team to Winter Olympics

An online cryptocurrency based on a popular Internet meme might be our best chance at a real life Cool Runnings sequel. THIS IS THE WORLD WE LIVE IN.

(GIF via @LaughinStoic)

The Jamaican bobsled team qualified for the Winter Olympics, but needs help to get there.

The Internet is doing its best to help get them there. Most notably, Reddit's Dogecoin community is collecting funds —  $35K — to make this happen.

A quick explainer, from our smart friends at The Verge:

Though donating directly to the Jamaican bobsled team's PayPal account or Indiegogo campaign may have been the safest and simplest option for support, Reddit's Dogecoin community was also hoping to gain some publicity for its digital currency through the fundraiser. Many of the fundraiser's most popular comments remark on how much good press it will bring, while others hoped that Jamaica's bobsledders would wear the currency's insignia or namedrop it during interviews.

Dogecoin's community has certainly proven that it's willing to invest in the currency, but it still remains far behind alternatives such as Bitcoin in ease of use and value. Buying and exchanging Dogecoin still requires transferring through Bitcoin first, and a single unit of Dogecoin is still significantly less valuable than a single unit of Bitcoin: though over 26 million doge was collected for the Jamaican bobsledders, that only adds up to 35 bitcoin.

Wow.

Much pride.

Such power.

Many bad-ass mothers who don't take no crap off of nobody!

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.