The co-creator of dogecoin commented on current events on his Twitter

The co-creator of the virtual currency dogecoin, Jackson Palmer, commented on current events around cryptocurrencies on his Twitter. "After several years of careful study, I now know that cryptocurrencies are a right-wing technology that their proponents are trying to get rich on and avoid tax. Limited state supervision also helps, "Palmer said on Twitter. Dogecoin was created in 2013 and its logo became the Shiba-Inu dog known from the internet memes "doge". Although the currency arose more or less as a joke, it gradually managed to build a community of users. The vast majority of its existence was traded for just a per mille of a dollar. He was not taken too seriously by Jackson Palmer and Billy Markus, who are its creators. Over time, however, this cryptocurrency has found its place in the market. In terms of market value, it is currently one of the ten most important virtual currencies in the world. It was also very successful during this year, when one token was trading for 74 cents. This was mainly due to a mass of small investors from the Reddit social network, which raised the price of dogecoin. However, Palmer is no longer interested in dogecoin and is almost terrified by the world of cryptocurrencies. "The cryptocurrency world is ruled by a strong cartel of rich personalities. They want to profit from it and replace the existing centralized financial system. There is a strong exploitation of small and naive investors, who are, however, the most vulnerable, "he also wrote. Palmer left the world of cryptocurrencies in 2015. At that time, he sold all his tokens and left the proceeds of the sale to charity. Two years later, he began to speak negatively about cryptocurrencies. He wrote several posts on Twitter claiming that the cryptocurrency industry was dominated by fraudsters and opportunists. However, the second creator of dogecoin, Billy Markus, is still active in the field of virtual currencies. "I am often asked if I will return to the cryptocurrency or if I will start sharing my thoughts about the virtual currency dogecoin again on a regular basis. I say wholeheartedly not, "said Jackson Palmer on Twitter.