AustraliaOne of the software engineers, the Australian-born Palmer, created the famous Dogecoin as a comic story in 2013 and started his 10-tweet critique by announcing that he never plans to return to the crypto community after years of analyzing cryptocurrencies. He believes this is a hyper-capitalistic technology.
Palmer lamented the crypto market’s resurgence during the past year. Claiming it is “managed by a powerful cartel of rich figures,” and appeared to take jabs at Tesla chair and self-proclaimed “Dogefather” Elon Musk, saying retail investors were offered a “fake promise of one day being a fellow billionaire.”
