DOGE Founder Names Key Reasons for His Increased Appreciation of Crypto

Billy Markus Reflects on His Changed Stance on Cryptocurrency

Billy Markus, the co-creator of Dogecoin (DOGE) with Jackson Palmer in 2013, recently shared his evolving perspective on cryptocurrencies on his X platform account.

Embracing Crypto and Code

Markus expressed his growing appreciation for cryptocurrency, not solely due to the recent price surges. He emphasized his belief in the reliability of code over individuals, considering humans more susceptible to corruption.

Critique of Banking System

Markus also criticized the conventional banking system, stating that the more one learns about its operations, the clearer the need for disruption becomes.

Market Momentum

Markus acknowledged the recent price increases, with Bitcoin crossing the $103,000 mark, Ethereum surpassing $4,000, and the wider crypto market experiencing significant gains. Dogecoin, in particular, has secured a top-seven position in terms of market capitalization, appreciating by nearly 20% in the past week, reaching a high of $0.46 on Thursday.

Dogecoin's 11th Anniversary Celebration

On December 6, Markus celebrated Dogecoin's 11th anniversary on X, commemorating the launch of the project on that day in 2013. The cryptocurrency now boasts a market capitalization of over $66 billion.

Markus expressed his surprise at the global impact of Dogecoin, which he had initially created as a "silly thing" in a few hours. He believes it serves as a reminder that anyone can make a significant impact, regardless of the scale of their actions.