The Creator of Dogecoin Says He Now Believes That All Cryptocurrency Is Horrible ▻https://futurism.com/creator-dogecoin-cryptocurrencies-horrible
In a scathing — and eye-opening — Twitter thread, the co-creator of popular altcoin Dogecoin, Jackson Palmer, eviscerated the technology and community behind cryptocurrencies in general.
It was a blistering takedown.
“After years of studying it,” Palmer wrote, “I believe that cryptocurrency is an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity.”
(j’archive)