Billy Markus Defends Elon Musk, Reflects on Dogecoin Sales
Billy Markus, known as Shibetoshi Nakamoto on social media, co-created Dogecoin with Jackson Palmer in 2013. He recently defended Elon Musk against online criticism, including threats of lawsuits from politicians.
Markus Reveals Dogecoin Sale
Amidst the discussion, Markus shared that he sold most of his DOGE nine years ago. Crypto enthusiast @ChadCaff questioned if he planned to sell his remaining holdings. Markus replied, "godspeed all," indicating no regrets about his past transaction. He confirmed retaining some Dogecoin and a small amount of BTC.
Financial Situation and Crypto Strategy
Another user inquired about Markus's financial situation, to which he responded, "Whatever I hold goes to 0 in like 5 hours... maybe I have to sell for it to do well."
Markus Trolls Bitcoin Bulls
Following a recent Federal Reserve announcement of a 50 basis point interest rate cut, Markus shared screenshots of declining stock and cryptocurrency prices. He playfully teased those who expected a market rally. However, prices later rebounded, with Bitcoin reaching $64,000 before stabilizing around $63,000.