Dogecoin Co-Founder Billy Markus Denies Bitcoin Ties, Criticizes Ethereum and Solana Tokens
September 25, 2024Dogecoin 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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Sources
Investing.com • Sep 25, 2024
Dogecoin Cofounder Breaks Silence on Satoshi Bitcoin SpeculationsCoinspeaker • Sep 25, 2024
Dogecoin Co-Founder Billy Markus Vows Never to Create Another Meme ProjectAMBCrypto • Sep 26, 2024
'Only created Dogecoin, not Bitcoin' - Why Billy Markus had to clear the airu.today • Sep 25, 2024
Dogecoin Cofounder Breaks Silence on Satoshi Bitcoin Speculations