Dogecoin Co-Creator Questions Community's Productivity — Why Would Anyone Spend Time Building 'Unless They Enjoy Pain And Stress'
Portfolio Pulse from Mehab Qureshi
Billy Markus, co-creator of Dogecoin, expressed concerns about the funding and productivity of the meme cryptocurrency's development. He highlighted the challenge of funding Dogecoin’s development in the absence of a premine or presale typical of other cryptocurrencies. He noted that the community had donated a total of approximately $40,000 over ten years, with the majority of contributions occurring within the first six months. Markus also expressed his thoughts on the state of the Dogecoin community, stating that the Dogecoin community has been “dead” for more than a year.
October 12, 2023 | 11:33 am
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The co-creator's concerns about the funding and productivity of Dogecoin's development could negatively impact the perception of the cryptocurrency, potentially leading to a decrease in its price.
Billy Markus's comments about the lack of funding and productivity for Dogecoin's development could lead to a decrease in confidence in the cryptocurrency, potentially leading to a decrease in its price. Additionally, his statement that the Dogecoin community has been “dead” for more than a year could further decrease confidence in the cryptocurrency.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100