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You are here: Home / Cryptocurrency News / Altcoin News / Tensions Between Dogecoin Co-Creators Escalates

Tensions Between Dogecoin Co-Creators Escalates

By Lipika Deka | Edited By Lipika Deka,August 22, 2022, 7:15 PM

Tensions Between Dogecoin Co-Creators Escalates

Dogecoin’s co-creator Jackson Palmer shared a screenshot of being blocked by fellow founder Billy Markus on Twitter. In response to Palmer’s tweets, several others who had been similarly blocked by Markus shared their screenshots with one commenting “Must be to all non-coiners”.

While the latest move did not come as a shocker, many in the community were aware of the tensions brewing between the two, ever since Palmer became increasingly disillusioned with crypto.

However, the apple of discord seems to be Markus’ unflinching loyalty toward Tesla Billionaire Elon Musk in contrast to Palmer who is hypercritical of Musk.

The Australian programmer infamously called Musk a “grifter,” and “good at pretending he knows.”

Palmer recalled many years back he wrote a Python script that he claimed would automatically detect and report spam bots in a Twitter user’s mentions. He then said Musk allegedly approached him and asked for the script, but, according to Palmer:

“It became apparent very quickly that he didn’t understand coding as well as he made out. He asked, ‘How do I run this Python script?'”

The SpaceX CEO fired back by saying his children wrote better code than Palmer. Musk also called Palmer “a tool.”

Another reason for the fallout could have been Palmer’s strong anti-crypto stance. During an interview in May, the Dogecoin co-founder spoke harshly about the state of affairs within the crypto industry.

Dogecoin Co Creator’s Anti Crypto Podcast Could Have Dealt a Final Blow

Speaking with Crikey, an Australian e-magazine, Palmer said that he wishes “it was the end of crypto” and that “people are doing nothing but making money off doing nothing.” His appearance was meant to promote his new anti-crypto podcast Griftonomics.

The first episode of the podcast was meant to launch last year, but fearing a massive backlash, the co-creator of Dogecoin penned down his thoughts through a Twitter thread instead. One such thread referred to the crypto industry as a “get rich quick funnel designed to extract new money from the financially desperate and naive.”

Nothing has changed since then. Palmer still believes that the digital asset industry is like a Ponzi scheme designed to profit from ignorant investors continuously pumping funds into assets they have little or no knowledge of.

Filed Under: Altcoin News, Cryptocurrency News

About Lipika Deka

Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.

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