Billy Markus, a.k.a Shibetoshi Nakamoto, had enough of questions about Shiba Inu (SHIB) and took to Twitter to clarify his stance on the popular memecoin. Contrary to what his name might imply, the developer that programmed Dogecoin (DOGE) in less than two hours back in 2013 has “nothing to do with Shiba Inu and never did.”
Furthermore, Mr. Shibetoshi claims Dogecoin (DOGE) “was an intentionally stupid joke” and “proved that people will speculate on anything.” Last but not least, when the chancellor Philip Brunner asked Billy Marcus if he made Bitcoin (BTC), the founding father of DOGE sarcastically replied: “Yes.”
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yes— Shibetoshi Nakamoto (@BillyM2k) November 10, 2022
The Sob Story of Shibetoshi Nakamoto
Nakamoto’s bitter attitude towards memecoins stems from a valid reason. Despite creating a TOP 10 cryptocurrency, Markus didn’t get his flowers. Surprisingly, the developer sold off all of his crypto stash back in 2015. Missing out on multiple million dollars of revenue is just the tip of the iceberg. The tech enthusiast actually lost a whopping $100,000 in crypto this year alone due to taxes.
crypto made me lose $100k this yearOn top of that, the only thing Shibetoshi Nakamoto owns in the crypto space is a grotesque NFT project. The Crappy Doodle Buddies NFT are hand drawn by the DOGE founder himself. These Crappy Doodle NFTs have a price floor of 0.3 ETH and even come with Markus’ signature.— Shibetoshi Nakamoto (@BillyM2k) November 11, 2022
As if that wasn’t enough, the former member of the DOGE developer team who hasn’t been on the project for eight and a half years, gets constantly praised by the crypto investors who managed to make a fortune out of DOGE. In response, Markus remarked:
“Congrats on getting rich off the joke I made”. Ultimately, Shibetoshi’s poignant approach comes from the many regrets the developer had to go through on his crypto journey.
“you’re just bitter”yeah no shit, literally everyone would be in my shoes— Shibetoshi Nakamoto (@BillyM2k) November 11, 2022
On the Flipside
- Earlier this year, Billy Markus rejected the $14M promotional deal from Dogechain (DC).
- Despite claiming not to be on DOGE’s team any longer, the programmer constantly bashes rival SHIB.
Why You Should Care
Memecurrencies like DOGE and SHIB have among the most active crypto communities.
Find out what’s happening in the mercurial world of memecoins:
Shiba Inu (SHIB) Overthrows Solana (SOL), Then Adds Another Zero
Shiba Inu (SHIB) Launches Social Hub for Upcoming Shibarium