Dogecoin Co-Founder Billy Markus Denies Bitcoin Ties, Criticizes Ethereum and Solana Tokens

September 25, 2024
Dogecoin Co-Founder Billy Markus Denies Bitcoin Ties, Criticizes Ethereum and Solana Tokens
  • Dogecoin was launched in 2013 as a humorous alternative to Bitcoin, which was created in 2009.

  • The current Bells project operates on Ethereum and is unrelated to the original Bells he created.

  • Billy Markus, co-founder of Dogecoin, clarified through social media that he has not participated in any cryptocurrency projects since 2014, aside from Dogecoin and a project called 'Bells.'

  • In a light-hearted exchange, X influencer Ian Miles Cheong jokingly claimed Markus created Bitcoin, to which Markus humorously replied that he also invented the internet and oxygen.

  • Markus firmly stated that any claims of his affiliation with Bitcoin or other blockchain projects are false.

  • Before Dogecoin, Markus developed a project called Bells, which ultimately failed.

  • Markus pointed out that Ethereum was created in 2015, debunking any claims that it was developed in 2013.

  • He criticized Ethereum and Solana tokens, arguing that they are mainly used for gambling rather than legitimate transactions.

  • Markus's skepticism about the value of current crypto projects may negatively affect investor sentiment and deter new participation in the cryptocurrency space.

  • The true identity of Bitcoin's creator, Satoshi Nakamoto, remains a mystery, with various theories suggesting it could be a group of developers.

  • Despite the ongoing speculation, Bitcoin has shown a 3.17% rise over the past week, indicating bullish momentum in the cryptocurrency market.

  • Currently, Dogecoin is trading at $0.1149, having experienced a notable increase of over 10% in weekly gains, while Bitcoin is priced at $64,307.87.

Summary based on 4 sources


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