Billy Markus, inventor of the popular meme coin Dogecoin (DOGE), commented on the recently launched Coinbase video ad. Markus suggests that there is an interesting idea behind the ad.
Dogecoin inventor looks behind the Coinbase ad!
Billy Markus launched the popular meme coin Dogecoin (DOGE) with Jackson Palmer in 2013. Markus is currently a very active user of social media platform X. It should be noted that Markus has become an important influencer with 2.1 million followers. This makes his comments and evaluations important. Markus comments on a variety of topics, from crypto to politics. In his last post, he shared his views on Coinbase’s new video ad published on YouTube. Additionally, the Dogecoin inventor expressed an opinion, perhaps unexpected for some members of the crypto community, regarding crypto’s failure to achieve the goal set for it.
Markus called the new Coinbase ad “Break the Cycle” “interesting.” He stated that this video explains why many people are choosing crypto, especially lately. According to Markus, the system is failing them and they are looking for alternatives. The Dogecoin inventor added that the ad portrayed anti-crypto senator Elizabeth Warren and politicians like her who are trying to stop crypto from changing the US and the global financial system as “enemies of the people.” In this context, Markus shared the following:
This Coinbase ad is interesting! This shows why many people are getting into crypto. Especially relatively recently, the system is failing them and they are looking for alternatives. If we frame it this way, Elizabeth Warren and her ilk are enemies of the people.
According to Markus, crypto failed to achieve the goal set for it
Billy Markus also shared his views on why crypto was created in the first place and whether it has been successful in achieving that goal. He told the community that crypto was first “a response to the financial crisis of 2007” (referring to Bitcoin). He also noted that it came about as “a direct response to all the corruption that led to this.” In this regard, the inventor of Dogecoin made the following statement:
This is also why crypto came into being in the first place: a direct response to the financial crisis of 2007 and all the corruption that led to it. Whether it delivers on its promises is open to debate (in my opinion, not really). But our system does not appear to serve its citizens well…
But Markus says neither Bitcoin nor crypto in general has managed to “deliver on its promises.” However, he also admits that these views are “open to debate”.
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