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October 12, 2023

Dogecoin Co-Founder Billy Markus Calls Out DOGE Community, Says They Do Nothing Productive

By Mehron Rokhy

One of the co-creators of popular meme asset Dogecoin (DOGE) is calling out the DOGE community for its lack of productivity.

In a new thread on the social media platform X, Billy Markus, also known as Shibetoshi Nakamoto, says that the DOGE community doesn’t “do anything productive at all” but also adds that developing for the memecoin’s blockchain causes “pain and stress.”

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“What does the [DOGE] community actually want anyway? I never really see it do anything productive at all, ever – I personally don’t see why anyone would ever develop on the product or spend any time on it for this community unless they enjoy pain and stress.”

Markus, who is not affiliated with Dogecoin any longer, goes on to note the community’s toxicity towards the Dogecoin Foundation, saying that the nonprofit’s announcements are usually met with hostility and negativity.

“Any time the foundation has said anything, it’s been met with relentless attacks, so they stopped, which is logical when there’s no point in trying to communicate with hostile people who don’t listen to anything but their own circlejerk.”

Furthermore, according to Markus, developing Dogecoin could be difficult as it lacks the presale and premining of coins – features other digital assets tend to have – and because the community doesn’t donate much.

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“Question: how would you like Dogecoin development to be funded ideally, since there was no premine or presale like other coins? The community has donated maybe $40,000 total in 10 years, with 95% in the first 6 months.”

Earlier this year, Markus went on record calling the crypto scene “stupid.”

DOGE is trading for $0.0579 at time of writing, a marginal decrease during the last 24 hours.

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