Dogecoin Inventor Shocked: These Altcoins Are Trash!

“Every altcoin on this Blockchain is garbage,” says the co-founder of the popular meme coin Dogecoin (DOGE), which targets BNB Chain.
 Dogecoin Inventor Shocked: These Altcoins Are Trash!
READING NOW Dogecoin Inventor Shocked: These Altcoins Are Trash!

“Every altcoin on this Blockchain is garbage,” says the co-founder of the popular meme coin Dogecoin (DOGE), which targets BNB Chain.

Dogecoin inventor: No BSC gems, all trash

Billy Markus, known on Twitter as Shibetoshi Nakamoto, is a character best known for his role in creating Dogecoin. DOGE is one of the most successful meme coins on the market right now. However, he is also known for his aggressive antics while smashing some crypto projects or educating his followers about the crypto market.

Its current target is Binance Smart Chain (BSC) and altcoins launched on it. Billy is now hitting BSC tokens in a Twitter thread that’s garnering a lot of attention on crypto Twitter. There were times when investors rushed to deposit money in certain projects launched in BSC. Before investing, investors determine the profitability of these projects, including crypto tokens or even NFTs. These potentially high-yield projects are called “bscgems,” aka BSC’s gems.

But according to Shibetoshi, there is no such thing as “bscgem”. The DOGE inventor continues to claim that all tokens launched on BSC are “garbage”. According to him, anyone who talks about BSC jewelery is “robot, scumbag or idiot”.

https://twitter.com/BillyM2k/status/1532268269058420736

“NFTs have no inherent value”

Billy’s work isn’t done yet. In another tweet, Shibetoshi shifts his attention to NFTs. He has published a series of questions and answers regarding the true value of cryptocurrencies and NFTs. According to him, NFTs and cryptos have no inherent value.

Prices are determined by how much the next person is willing to pay for a piece of digital asset at a given time. However, he has stopped calling them ‘ponzi’, instead attributing their arbitrary value to how markets work.

https://twitter.com/BillyM2k/status/15332310527925288961

Billy’s tweets got a lot of attention and many of his followers came out to offer their views. appeared. A notable response from them says:

Normally we use units of measure derived from a universal constant that we can measure repeatedly, but monetary value cannot derive value from a constant. You cross an imaginary line and suddenly something gets cheaper or more expensive.

As you can follow from cryptokoin.com news, given Shibetoshi’s trashy nature on Twitter, it’s unclear what his endgame is. Especially considering he was one of the co-founders of Dogecoin, which started out as a funny meme cryptocurrency.

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