Creator of meme cryptocurrency Dogecoin brands Elon Musk a 'self-absorbed grifter' - News Summed Up

Creator of meme cryptocurrency Dogecoin brands Elon Musk a 'self-absorbed grifter'


A co-creator of Dogecoin branded Elon Musk a 'self-absorbed grifter' after the Tesla CEO caused the meme-inspired cryptocurrency's value to plummet by calling it a 'hustle' on Saturday Night Live. Australian entrepreneur Jackson Palmer, who created Dogecoin with American Billy Markus in 2013, took aim at Musk in a string of since-deleted tweets on Thursday, writing: 'Reminder: Elon Musk is and always will be a self-absorbed grifter.' Dogecoin had taken a similar hit after Musk referenced the cryptocurrency on SNL - almost certainly adding to Palmer's qualms with the CEO. Later in the Weekend Update segment, Musk appeared in the character of 'financial expert Lloyd Ostertag' to explain cryptocurrencies including Dogecoin. But in the early hours of Monday, Musk tweeted: 'To clarify speculation, Tesla has not sold any Bitcoin.'


Source: Daily Mail May 17, 2021 21:09 UTC



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