Elon Musk Responds to Dogecoin Co-Founder “Self-Absorbed Founder’s Grifter” Label
In a recent tweet, billionaire Elon Musk acknowledged Dogecoin co-founder Jackson Palmer, noting that the latter is “a touch unpleasant” at times.
In response to Elon Musk’s remark, Palmer wrote, “Achievement unlocked”
The Australian native departed the cryptocurrency industry in 2015, denouncing its “toxic” atmosphere, after co-founding Dogecoin with American software programmer Billy Markus as a joke in 2013. Palmer was particularly scathing of crypto advocates’ anarcho-libertarian ideals.
During a recent podcast appearance, Palmer said:
“I tried my hardest to educate people for a while…but then I discovered that nobody really cared about it.”
Palmer reappeared on Twitter in early 2021, after Dogecoin saw massive price rises and become a $90 billion behemoth, to give some controversial views on the condition of the business.
In a now-deleted tweet, the Australian software developer attacked Musk, Dogecoin’s most powerful promoter, as a “self-absorbed grifter”.
Palmer became viral last July after tweeting that the cryptocurrency sector was a “cult-like” get-rich-quick scheme run by “a powerful cartel” of wealthy people.
In sharp contrast to Markus’s sycophantic devotion to Musk, Palmer remains highly critical of the Tesla CEO. Last month, he harshly criticized the abrasive centibillionaire for launching a hostile takeover of Twitter.
Palmer recently said that Musk tweets about crypto to expand his cult of personality and boost his ego.
“There’s a lot of people who are on the Elon train now purely because he pumped their crypto.”
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