Dogecoin (DOGE) Founder Billy Markus Declares He Created Bitcoin (BTC)

Is Shibetoshi Nakamoto the real Satoshi? The mythology around Billy Markus keeps building with the help of sarcasm.

Dogecoin (DOGE) Founder Billy Markus Declares He Created Bitcoin (BTC)

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.”

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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.”

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.

On 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.

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:

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“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.

On the Flipside

Why You Should Care

Memecurrencies like DOGE and SHIB have among the most active crypto communities.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.