Billy Markus, who serves as the co-creator for the original meme coin known as Dogecoin, has taken to Twitter to remind his followers that he does not, in fact, speak on behalf of Dogecoin.
A thread he posted on Thursday delves into the whole situation in detail. Markus, who goes by the name Shibetoshi Nakamoto, brought attention to the fact that he’s not working on the project.
“I’m no longer on the project,” he wrote in a tweet. “I am a community member. I hold about 220k Doge.”
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
Further talking about the situation, Markus stated he would never return to coding his creation. “Working on a crypto project is terrible,” he said “as I have actually found the more you do for people, the more entitled they get and worse they treat you.”
Though he is admittedly frustrated, despite all of it he did take the time to encourage the people that have voluntarily offered to help continue the Dogecoin project.
“I will defend those who I feel are actively making the space better,” he stated. “I will discourage those who I feel aren’t.”
Dogecoin, the smiling Shiba Inu currency saw its release in 2013 and was created by both Billy Markus and Jackson Palmer as a joke, and have subsequently become a very popular digital asset. That’s thanks to a supportive community that also happens to include Elon Musk. Musk has openly shown his support multiple times now. Once Musk’s company took a U-turn on Bitcoin thanks to environmental concerns, that acted as a catalyst for Musk to embrace Dogecoin even more aggressively.
He’s also worked with the dev’s of Dogecoin albeit from afar, and also happened to tweet directly at Markus that he is “pro Doge.”