Back to the list

DOGE Co-founder Reveals Lack of Productivity in the Dogecoin Community

source-logo  en.coin-turk.com 12 October 2023 22:13, UTC

Dogecoin, the popular meme token, has been making headlines recently. One of its co-creators, Billy Markus, addressed the lack of productivity in the DOGE community. In his striking remarks, Markus had previously made waves in the crypto markets.

Critical Statement from DOGE Co-founder!

Billy Markus, also known as Shibetoshi Nakamoto on social media platform X, stated that the DOGE community has not developed anything productive. However, he also added that developing for the meme token blockchain is painful and stressful. In his statement, the expert said:

What does the DOGE community actually want? I have never seen them really do anything productive; personally, I don’t understand why anyone would develop this product or spend time on it for this community unless they enjoy pain and stress.

Markus, who is no longer associated with Dogecoin, highlighted the harm the community has done to the Dogecoin Foundation, stating that the non-profit organization’s announcements are often met with hostility and negativity. Markus said the following in his remarks:

Whenever the Foundation says something, it is met with relentless attacks, so they stopped. It doesn’t make sense to try to communicate with hostile people who only listen to their own nonsense.

Bold Accusations Towards the DOGE Community!

According to Markus, developing Dogecoin can be challenging due to the lack of presale and pre-mining (features that other digital assets possess) and the community’s reluctance to donate. Markus concluded his statement on the matter by saying:

Since there is no presale or pre-mining like other cryptocurrencies, how do you expect Dogecoin development to be ideally financed? The community may have donated a total of $40,000 over 10 years, with 95% in the first 6 months.

Earlier this year, Markus made headlines by referring to the crypto scene as “stupid.” At the time of writing, DOGE is trading at $0.0579 with a marginal decrease in the last 24 hours.