Dogecoin co-creator says Elon Musk is a grifter who doesn’t know how to run basic code

[FBInCIAnNSATerroristSlayer]

Elon Musk spends so much time tweeting every fucking day, no body asks
him "Where does he find time to tweet, retweet, read other tweets and
respond"?

How can he run four companies as CEO, if he is spending so much time on
twitter?

Elon Musk is just like ANY other typical self promoting white clown.

Every day he RETWEETS people who PRAISE him, his Tesla cars and his
companies.

But he has 90 mil twitter followers.

SO where does he find time to read and respond to thousands of tweets
EVERYDAY?




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https://www.crikey.com.au/2022/05/30/dogecoin-jackson-palmer-elon-musk-cryptocurrency-bubble/

Dogecoin co-creator says Elon Musk is a grifter who doesn’t know how to
run basic code

The creator of a memecoin-turned-top cryptocurrency says his
interactions with Elon Musk didn't impress him, and predicted that
crypto is still headed for a big crash.

The Australian co-creator of Dogecoin has described Elon Musk as a
“grifter” who sells a vision that he pretends to understand while not
even knowing how to run basic code.

Jackson Palmer is an Australian-born software developer who created
Dogecoin, a meme-based cryptocurrency that soon became one of the
world’s most valuable digital currencies. He stopped working on the
cryptocurrency in 2015 and has since denounced the technology.

In a rare, wide-ranging interview with Crikey coinciding with the launch
of his new podcasts about grifts, he spoke about Elon Musk, the
cryptocurrency “winter” and the mainstreaming of rentier capitalism.

Palmer says he spoke with Musk over Twitter direct messages after he
developed a script to automatically report cryptocurrency scams in a
user’s replies: “Elon reached out to me to get hold of that script and
it became apparent very quickly that he didn’t understand coding as well
as he made out. He asked, “How do I run this Python script?”

Elon Musk has repeatedly promoted Dogecoin as part of his freewheeling,
shitposting schtick, and mentions of the memecoin as recently as this
week has sent its value spiking. But Palmer is no fan of Musk or other
billionaires.

“About a year ago when Musk was saying something about crypto, I said
Elon Musk was and always will be a grifter but the world loves
grifters,” Palmer says. “They love the idea that they may also be a
billionaire one day, and that’s the dream he’s selling.”

Palmer thinks that Musk’s Twitter attempt is a ploy to either destroy
the platform or at least drive its value down further. He points to the
billionaire’s frequent criticism — including amplifying some of the
platform’s most cynical critics — since the takeover bid was announced,
as proof.

“His play is to either dismantle all trust, or maybe he’s delusional
enough to think he can build an alternative. The other alternative is
that he wants to drive it into the ground at a much lower price, and I
think that’s what he’s doing,” he says.

Palmer also thinks that the current dip in cryptocurrency prices — a
so-called “crypto winter” — hasn’t stopped a stream of major investment.
He expects that there will be a bigger, longer bubble burst at some
point in the future.

“It’s going to be a lot more painful and unfortunately it will probably
affect minorities and those at the lower end of the socioeconomic
spectrum when it happens. So, when people who have been suckered in,
people who’ve been sold on the [viral cryptocurrency-promoting] Matt
Damon commercial and who put their [retirement fund] 401k in, those are
unfortunately the people who are going to be hurt.”

One benefit of the current down period, Palmer says, is that more people
are paying attention to the flaws of cryptocurrency and the community
surrounding it: “There’s been an awakening. They’re realising ‘well,
this is actually bullshit’. They’re seeing the cracks in the paint.”

He’s even seeing more support for his cryptocurrency scepticism from
people still involved in the community. But their newfound
self-awareness isn’t necessarily leading them to leave the
cryptocurrency scene.

“When I say it’s a Ponzi scheme, the response is ‘so what, the world’s a
pyramid scheme’,” Palmer says.

[Aisha]

In article <Lk9lK.2566$x7oc...@fx01.iad>
FBInCIAnNSATerroristSlayer <FBInCIAnNSATe...@yahoo.com> wrote:

Flush.

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