Dogecoin co-creator Jackson Palmer has a warning for those looking to start trading in cryptocurrency, saying more people lose money than those who get rich. Jackson Palmer Believes Cryptos are Facilitators of Scams In a recent interview with The Project, Jackson Palmer stated that ‘cryptocurrencies are facilitators of scams’ and reiterated that Dogecoin (DOGE) was a joke, so he didn’t keep any of it. Jackson Palmer helped create Dogecoin as a joke, but now the Aussie co-founder has a warning for those looking to start trading in cryptocurrency, saying more people lose money than those who get rich.#TheProjectTV pic.twitter.com/b4vrI149Iy — The Project (@theprojecttv) June 12, 2022 Palmer walked away from the Dogecoin project shortly after its inception after growing frustrated with the cryptocurrency community. He emphasized that he didn’t save any of the cryptos and that he’s glad that he didn’t get rich with Dogecoin since. “Because it is this thing that exists outside of the control of the government; because it is this irreversible transaction, it really has provided a means for scammers to come in and do all this stuff without that pesky,” he said in his interview. At the time of writing, Dogecoin (DOGE) is trading at $0.058541, down 11.2% from the past 24 hours, according to data from CoinGecko. Growing Popularity of DOGE Dogecoin was created by software programmers Jackson Palmer and Billy Markus in 2013, who intended ...
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