Billy Markus, co-founder of the popular memecoin Dogecoin (DOGE), said the great majority of cryptocurrency projects in the industry are nothing but scams and garbage with no real value to offer.
Markus: 95% of Crypto Projects are Scams
In a recent tweet, the Dogecoin creator argued that 95% of cryptocurrencies are worthless as they have succeeded in destroying the reputation of the entire industry.
According to Markus, top traditional financial players and most mainstream internet users have labeled the entire digital asset landscape as “garbage” and a scam because of the existence of bad players and projects within the space.
Motivul pentru care oamenii cred că cripto-ul este în proporție de 95% înșelătorii și gunoi și majoritatea cripto-oamenilor sunt nenorociți este pentru că cripto-ul este 95% înșelătorie și gunoi și majoritatea cripto-oamenii sunt ticăloși
hai sa schimbam asta. începe cu tine – ceea ce susții și cum te comporți.
- Shibetoshi Nakamoto (@ BillyM2k) 16 Mai, 2022
Markus’ tweet comes in the wake of the catastrophic failure of the Terra ecosystem. The project’s woes started when UST depegged from $1, bringing LUNA down with it. All efforts by the Luna Foundation Guard (LFG) to defend the digital asset’s peg proved futile as the project subsequently prăbușit, leaving investors scratching their heads in losses.
Crypto Twitter Răspunde
Knowing that his statement would be controversial, Markus added, “Also note that the only people who are gonna react triggered and lash out to this tweet are the scammers and assholes.”
The tweet, as expected, sparked a heated debate among members of the crypto community on Twitter. While some users were in support of his opinions, others accused him of lacking self-awareness, considering that he had co-founded the memecoin that spurred the creation of hundreds of useless copycats.
In reply, Markus pointed out that the most popular memecoin, DOGE, was created as “satire” to ridicule the state of the crypto market and the prevalence of pointless projects in the industry. He further emphasized that he prefers calitate peste cantitate.
DogeFather Elon Musk Reacts
Elon Musk, CEO of Tesla and the self-proclaimed DogeFather, reacted quite differently from others. The billionaire, known for affecting the market with his DOGE posts, found Markus’ tweet very funny and răspuns with a rolling on-the-floor laughing emoji.
Musk is one of Dogecoin’s biggest influencers, and his electric car company a anunțat in January it was enabling DOGE payments for some of its merchandise.
Binance gratuit 100 USD (exclusiv): Utilizați acest link pentru a vă înregistra și a primi 100 USD gratuit și 10% reducere la taxe la Binance Futures prima lună (termeni).
Ofertă specială PrimeXBT: Utilizați acest link pentru a vă înregistra și introduce codul POTATO50 pentru a primi până la 7,000 USD din depozitele dvs.
Source: https://cryptopotato.com/dogecoin-co-founder-says-95-of-crypto-projects-are-scams-elon-musk-reacts/