Crypto creates wealth mobility and equality, Coinbase CEO contradicts Dogecoin creator
Brian Armstrong, co-founder and CEO of Coinbase, responds to Dogecoin co-creator Jackson Palmer’s recent attack against cryptocurrency. Palme surprise visited Twitter on Wednesday with some unpleasant remarks regarding cryptocurrency.
Dogecoin was established by Palmer and Billy Markus in 2013 as a joke inspired by the “Doge” meme, which depicts a Shiba Inu dog. Markus and Palmer had no intention of taking dogecoin seriously.
However, the coin has lately surged and is now one of the top ten cryptocurrencies in terms of market capitalization. It reached an all-time high of roughly 74 cents this year. Markus and Palmer haven’t benefitted from dogecoin’s recent spike in popularity since they both sold out before the cryptocurrency’s spectacular climb.
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