Dogecoin Creator Billy Markus Shares Views on Crypto Investments

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Using the name “Shibetoshi Nakamoto” on Twitter, Billy Markus, who co-created the famous parody cryptocurrency Dogecoin with Jackson Palmer in 2013, often stressed that cryptocurrencies should not be seen as long-term investment tools. He has expressed this view in his posts from time to time, and in his latest post, he drew attention by emphasizing mental health.

Ever Wondered How Holding Crypto Assets Feels?

In a recent tweet, he shared a video questioning the mental health of cryptocurrency owners. In the short video shared by Markus, a man appears to be about to jump off an apartment balcony and also seems to enjoy ingesting substances harmful to human health, like household cleaners. Markus’s tweet reads: “Ever wondered how holding crypto assets feels?”

Last April, the founder of DOGE tweeted that investing in crypto assets was outright a mental illness and had used the same description for NFT investors. According to a tweet published by Markus in December, he holds a small but unspecified amount of Dogecoin and 0.006 BTC.

Will He Create a New Cryptocurrency?

Markus once stated that he would never buy any meme coins and generally disliked all ERC-20 tokens. He frequently reminds the crypto community that he left Dogecoin shortly after launching it in 2013.

When asked whether he would return to the cryptocurrency DOGE or create a new cryptocurrency, Shibetoshi Nakamoto always mentions that he loves his day job and would never return to DOGE or create a new cryptocurrency due to the negative reactions from the crypto community.

Earlier this week, tech mogul and Tesla CEO Elon Musk, a big fan of Dogecoin, hinted that Tesla might integrate DOGE payments at some point in the future. Musk had stated that Dogecoin is a community-focused currency. He also mentioned that he would support Dogecoin over Bitcoin because Dogecoin is loved by the rich, while Dogecoin can be used by average users.

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