Dogecoin Co-Founder Says 95% of Crypto Projects Are Scams, Elon Musk Reacts

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Dogecoin Co-Founder Says 95% of Crypto Projects Are Scams, Elon Musk Reacts
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The Dogecoin co-founder sparked a heated debate on Twitter after saying that about 95% of crypto projects are scams.

Billy Markus, co-founder of the popular memecoin Dogecoin , said the great majority of cryptocurrency projects in the industry are nothing but scams and garbage with no real value to offer.In a recent tweet, the Dogecoin creator argued that 95% of cryptocurrencies are worthless as they have succeeded in destroying the reputation of the entire industry.

According to Markus, top traditional financial players and most mainstream internet users have labeled the entire digital asset landscape as “garbage” and a scam because of the existence of bad players and projects within the space. the reason why people think crypto is 95% scams and garbage and most crypto people are assholes is because crypto is 95% scams and garbage and most crypto people are assholes— Shibetoshi Nakamoto

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