Dogecoin (DOGE) co-creator Billy Markus tweeted that he referred to the “weak reputation” of cryptocurrencies and those associated with the space. Then, Tesla CEO Elon Musk shared a laughing emoji, implying that Markus agreed with these statements. Here are the details…
DOGE founder: 95 percent of crypto is garbage
Markus said that people think “95 percent of crypto is scam and garbage.” He tweeted that “the reason most people think crypto is bad is because crypto is 95 percent scam and garbage and most crypto people are scumbags.” Musk shared the “smile” emoji in response to Markus’ tweet. DOGE’s co-creator described Musk’s response as “the most correct response.”
When a Twitter user stated that Markus invented DOGE, Markus said, “Because 95 percent of cryptos are scams and garbage DOGE was literally done ironically,” he said. Markus’ tweet is exactly as follows:
The reason people think crypto is 95 percent scam and garbage and most crypto people think it’s crap is because 95% crypto is scam and garbage and most crypto people are crap . Let’s change that. Change starts with you – what you support and how you act.
Billy Markus also criticizes Terra founder
Markus also recently criticizes Terra (LUNA) co-creator Do Kwon. Markus criticized Terra co-founder Do Kwon as one of the “tech bros”. The Luna and UST crisis caused investors to lose billions of dollars. As a result, Terra Founder Do Kwon sought police protection after a LUNA investor allegedly broke into his home recently. As we have reported as
Kriptokoin.com, there have been new developments in the Terra ecosystem during this time. The Luna Foundation Guard (LFG), a nonprofit that oversees the Terra ecosystem, said it sold almost all of the $3.5 billion Bitcoin it held in reserve “to save the UST.” According to a Twitter thread, the reserve currently holds only 313 BTC. This equates to $9.2 million at current prices.
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