Billy Markus, the cofounder of Dogecoin, has revealed how many Doge he owns and claimed that he will never work on the project again, stating that the more someone contributes to the community, the more they are mistreated.
Billy Markus, who cofounded Dogecoin in 2013 but is no longer involved with the project, has revealed how much of the most popular parody cryptocurrency he owns. When asked if he plans to return to coding DOGE, he declared emphatically that he will never do it again, explaining why.
How many Doge does Markus own?
Markus reassured Dogecoin followers in a recent tweet that, while he is no longer on the project, he is still a regular DOGE community member. He does, however, still own 220,000 Dogecoins.
Markus noted again, referring to a wide range of topics he tweets about, that because he owes no one in the crypto community anything, he is free to choose any topic for his tweets. However, he stated that he will continue to support people who are working to improve the crypto space while discouraging those who are not.
Yet another reminder:
I don’t speak for dogecoin.
I am not on the project. I am a community member. I hold about 220k doge.
I will defend those who I feel are actively making the space better. I will discourage those who I feel aren’t.
I will talk about whatever I want.— Shibetoshi Nakamoto (@BillyM2k) December 27, 2021
Why Markus will not be a Dogecoin leader in the future
Billy Markus responded to a follower’s tweet by emphasizing that he will never code Dogecoin again (read: “I will not be its official leader”). The reason for this is that the more someone contributes to the community, the more they are mistreated.
I never will. working on a crypto project is terrible as i have actually found the more you do for people, the more entitled they get and worse they treat you.
i respect the developers a lot for volunteering to do so for all these years.— Shibetoshi Nakamoto (@BillyM2k) December 27, 2021
By way of “Rick and Morty,” Markus describes his feelings toward Doge.
In a separate tweet today, the co-founder of the joke cryptocurrency, which was inspired by the Shiba Inu dog breed and was originally a satire on Bitcoin, shared an excerpt from the popular “Rick and Morty” animated movie.
The protagonists are talking about a collection of collectibles, and one of them explains why the other purchased them. It’s not because of their current value or the possibility of future appreciation (they may fail to do so, after all).
You bought them because you enjoy them. That’s all that matters here. That appears to be the “real Doge community’s” perspective on the meme coin.
Dogecoin celebrated its eighth birthday this year. It has increased by 6,943 percent since the year began, but it is currently down 76.1 percent from its all-time high of $0.7376 set on May 8.
One of the most significant events of the year was the announcement by billionaire Elon Musk that his Tesla company would offer some stuff that would be sold for Dogecoin as an experiment. However, he did not say when the sales would begin.