Dogecoin co-founder Jackson Palmer continues to criticize cryptocurrencies, in addition to questioning Elon Musk.
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- Palmer wants the end of cryptocurrencies.
- Yesterday, Palmer got into a serious dispute with Elon Musk.
- Billy Markus acknowledges that they wrote almost none of the DOGE code
El cofundador de la criptomoneda meme Dogecoin (DOGE) Jackson Palmer, was very exposed to the media yesterday when, in an interview with Crikey made serious criticisms of the CEO of Tesla and enthusiast of Dogecoin, Elon Musk, who he accused of “tiring “who doesn’t know how to program . Musk, of course, was not silent and counterattacked on social networks.
Because the fight was so public and forceful, Palmer’s other statements were overlooked, but they are relevant. He continued to strongly criticize the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. asset market, stating that he wants the current price correction a correction is a pullback of an asset’s price of at least 10% to adjust for over-valuation. to be the end of the sector.
In the interview, Palmer said that more people are making money through different crypto products for doing nothing in a messy system.
The co-creator of Dogecoin believes that the current correction is not a crypto winter, but rather a phase for crypto promoters to wait for the next investors to take advantage despite a series of failed projects. that were previously promoted.
He noted that although prices have corrected, developers are still pumping money into different projects, waiting for investors who would have forgotten about the scams in the sector. He cited products such as ICOs, DAOs and, more recently, NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. as proof that the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. sector, in his view, is not genuine.
“Sadly I wish it was the end of cryptocurrencies, but it is not. More holistically, in this system of griftonomics, hypercapitalism, rentier capitalism, more and more people do nothing but make money without doing anything. <…>No diría que es en un invierno. Todavía veo montones de dinero canalizados por promotores de criptomonedas. Están esperando que llegue un nuevo lote de tontos. Esto sucede en ciclos”, Palmer said.
He wants nothing to do with crypto
Through his account an account is essentially a whose purpose is to track the financial activities of a specific asset/ on Twitter, Palmer señaló que no tiene intención de volver al sector controlado por “un poderoso cartel de figuras adineradas”. Vale recordar que ya en 2015, Palmer had announced his retirement from the cryptocurrency sector. . At that moment he said: “Overall, the crypto space increasingly feels like a bunch of libertarians, sitting around living on the hope of getting rich and getting there with ill-conceived ideas… business ideas that often don’t materialize into a concrete effort.” Es decir, su posición no ha cambiado en los últimos 7 años, aún a pesar de que el mercado cripto ha tenido un crecimiento exponencial en el período.
“We didn’t write the code.”
The Twitter feud between Palmer and Musk has remained active. In response, the co-creator of Dogecoin, Billy Markus, also known by the tweeting pseudonym of Shibetoshi Nakamoto, joked about who wrote most of the code for the Dogecoin : Bitcoin’s developers. This in response to Musk, who Palmer mocked for not knowing how to program, replied that Palmer. “never wrote a single line of Dogecoin code.”
Palmer responded with a now-deleted tweet that referred to a page of Github gitHub is one of the most popular code hosting platforms, allowing developers to collaborate on various projects. of their contributions.
Co-founder Billy Markus, trying to calm the waters, tweeted that neither he nor Palmer contributed much to the project, which was originally a joke.
“Question: who wrote most of the Dogecoin code?
Answer: Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. developers”.
Q: who wrote most of the dogecoin code?
A: bitcoin devs
– Shibetoshi Nakamoto (@BillyM2k) May 31, 2022
He clarified: “They didn’t make Dogecoin, but Dogecoin is mostly Bitcoin code.”
they didn’t make dogecoin, but dogecoin is mostly bitcoin code
– Shibetoshi Nakamoto (@BillyM2k) May 31, 2022
Markus stated humorously: “The people who followed us did exponentially more than Jackson or I did in the code the action of coding is to write programming statements for a program. base. I think I wrote about 20 lines of code and copied the rest”.
Jackson Palmer and Billy Markus founded Dogecoin in 2013. Dogecoin is a proof-of-work poW is a type of consensus algorithm that rewards validators according to the amount of computational power they have expended. cryptocurrency that was created as a joke based on a popular meme portraying a Shiba Inu dog.
The dispute has done nothing to raise the price of the Dogecoin, which is still very low. According to Cryptomarkets , today the meme currency currency is a medium of exchange that defines value. is at USD $0.09. Its highest price was USD $0.74 in May 2021, so it has had a decrease of 88.2%.
Sources: Twitter, Finbold , Utoday , archivo
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