Dogecoin co-founder, Billy Marcus has reacted to the $258 billion lawsuit filed against Elon Musk, which accuses him of running a pyramid scheme for promoting the meme-based cryptocurrency. Billy Marcus Reacts to Dogecoin Pyramid Lawsuit Billy Marcus, a.k.a. Shibetoshi Nakamoto on Twitter has reacted to a $258 billion lawsuit filed against the self-proclaimed Dogefather, Elon Musk for promoting the meme-based cryptocurrency, which is alleged to be a pyramid scheme. Marcus noted that if DOGE is referred to as a pyramid scheme, then the same should apply to the entire cryptocurrency market, stock market, the housing market, commodities market, and monetary system itself. In this regard, he believes that everyone should then sue Alexander Hamilton, the founding father of the United States. if dogecoin is a pyramid scheme, so is the entire cryptocurrency market, stock market, housing market, commodities market, and monetary system itself. let's sue alexander hamilton. — Shibetoshi Nakamoto (@BillyM2k) June 19, 2022 He went ahead to state the fact that cryptocurrency has an “incredible amount of stupid stuff around it”. He said it is all just related to how incredibly stupid people are, adding that digital currencies are just “a protocol and a shared database.” Elon Musk Faces $258B Lawsuit Earlier last week, the CEO of Tesla, Elon Musk was slammed in a lawsuit over promoting the meme-based cryptocurrency. The plaintiff, referred t...
