Dogecoin developer does not believe in a bright future for bitcoin

Dogecoin co-founder Біллі Маркус" href="https://noworries.media/biography/billi-markus/" data-bio-id="3704">Billy Marcus has shared his own assumptions about the future of the flagship cryptocurrency. During a discussion with a Twitter user Madam Doge, who referred to Сейлор" href="https://noworries.media/biography/majkl-dzh-sejlor/" data-bio-id="3672">Michael Saylor 's positive forecasts for bitcoin and his expectations of the value of the Cryptocurrency, Marcus agreed that bitcoin could reach $ 100,000.

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However, according to the father of the meme cryptocurrency, when bitcoin is traded for $ 100,000, it may become unnecessary for users. According to Marcus, humanity «will either be extinct by then, or inflation will reach galactic proportions and $ 100,000 will only buy a sandwich.»

It is worth noting that over the past 24 hours, the value of BTC has fallen by %. Bitcoin has returned to its previous levels, trading at $ 18,420 at the time of writing. In general, the entire cryptocurrency market has lost 30 to 90% of its capitalization over the past day.

According to cryptocurrency analysts, Dogecoin is losing ground, among other things, because of Elon Musk, who makes changes on Twitter almost every day. Initially, the controversial Twitter acquisition deal was seen as a positive development for Dogecoin. Musk has repeatedly hinted at the potential integration of the digital asset into the social network, but so far, this remains only at the level of theory.