One of DOGE founders believes that current bear market may improve community’s view of crypto space
Billy Markus, the computer engineer who founded Dogecoin as a parody of Bitcoin with Jackson Palmer in 2013, took to Twitter to comment on the current bear market in the crypto space and expressed his impact on how the community sees it.
He has referred to a “crypto winter,” apparently believing that it may last for a long time and will not be over this year as some in the crypto space hope.
“People are starting to understand crypto”
Markus tweeted somewhat sarcastically that it’s only during crypto winters that people “really start to understand what crypto is.” He added that these “achievements” are always basic knowledge like that Bitcoin is easily traceable, exchanges are centralized and insecure, etc.
“Getting a more rational view of the space”
He also believes that once people have stopped being affected by “extreme greed” for crypto gains, they tend to have a more rational picture of the crypto space in their heads. However, they often turn from “extreme irrational belief” to “extreme irrational hatred.”
Previously, Billy Markus tweeted that he thinks the current bear market will last about four years.
