Billy Markus, also known as “Shibetoshi Nakamoto” on the social media platform Twitter/X, co-founded the well-known joke cryptocurrency Dogecoin in 2013 with Jackson Palmer. Markus has made it clear on Twitter several times that he does not see cryptocurrencies as a reliable long-term investment.
“What it feels like to hodl crypto”
It appears that he questioned the sanity of bitcoin holders in a recent tweet.
In a brief video that Markus posted, a man appears to be having fun acting like he wants to jump over an apartment building’s balcony, drink household cleaner and do other things that are probably bad for his health. Markus really tweeted, “What it feels like to hodl crypto.”
The creator of DOGE tweeted in April of last year, “Investing in cryptocurrency is literally just investing in mental illness,” and included a similar statement on NFT investors. According to a tweet he sent in December, Markus personally owns $0.006 BTC and a little (but unidentified) quantity of Dogecoin.
https://x.com/BillyM2k/status/1768632966966833420?s=20
He once tweeted that he detested all ERC-20 coins and that he would never purchase any meme cryptocurrencies. He frequently brings up to the cryptocurrency community the fact that he left Dogecoin practically right away following its 2013 introduction. When asked if he would like to go back to DOGE or start a new cryptocurrency, Shibetoshi Nakamoto consistently responds that he enjoys his day job and would never do either because he fears backlash from the crypto community, which he already encounters frequently.
Elon Musk hints at potential DOGE payments for Tesla cars
A cryptocurrency enthusiast questioned Markus earlier this week on DOGE and whether other altcoins—BEL in particular—are better than it. “Dogecoin is a top 10 cryptocurrency used by millions worldwide,” Markus said in response.
Elon Musk, the CEO of Tesla and a major supporter of Dogecoin, made a hint earlier this week that DOGE payments would eventually be integrated into Tesla. Musk reaffirmed that Dogecoin is a currency of the people and that, given the choice between the two, he would choose to openly back Dogecoin over Bitcoin, which is preferred by the rich.
