Benzinga - Billy Markus, co-founder of Dogecoin (CRYPTO: DOGE), on Saturday took a jab at Bitcoin (CRYPTO: BTC) maximalists referring to them as “the literal worst at marketing.”
What Happened: Markus was responding to a Twitter video post featuring Bitcoin maximalist Robert Breedlove interviewing Jason Lowery, who praised Bitcoin as the “future of warfare,” “future of security,” and “future of people securing their data.” Lowery also made casual critiques of Elon Musk and Mark Zuckerberg, referring to them as the new “god kings.”
Markus mocked Bitcoin maximalists for their attempts to convert new people into the Bitcoin community. He claimed that their approach essentially boils down to saying, “Come join our clearly mentally ill group of insecure losers!”
man bitcoiners are the literal worst at marketing"come join our clearly mentally ill group of insecure losers!"
— Shibetoshi Nakamoto (@BillyM2k) August 12, 2023
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Why It Matters: Bitcoin maximalists are individuals within the cryptocurrency community who firmly believe in the superiority and dominance of Bitcoin over other digital assets. They often advocate for the exclusive adoption of Bitcoin, dismissing alternative cryptocurrencies as inferior or unnecessary.
Dogecoin was launched in December 2013 by software engineers Billy Markus and Jackson Palmer. Inspired by the popular “Doge” Internet meme featuring a Shiba Inu dog, they created DOGE as a fun and light-hearted cryptocurrency project. It was initially intended to provide a more accessible and user-friendly alternative to Bitcoin.
Price Action: As of writing, DOGE was trading at $0.074 down 2.24%, in the last 24 hours, according to Benzinga Pro.
Photo Courtesy: Shutterstock.com
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