Dogecoin founder: «95% of crypto assets are fraud and scam»

Billy Marcus, the creator of the popular Dogecoin, started an interesting thread on Twitter. 95% of crypto assets are «fraud and scam» and most people who deal with cryptocurrencies are «fools.» Any user who is outraged by this tweet also falls into the category of fools, Marcus wrote.

In response, he was blocked by Do Kwon, the CEO of Terra, who has already been summoned to testify in parliament over the UST/LUNA collapse. Marcus was happy to respond: «Blocking people in the cryptocurrency space is great, especially if they deserve it. The fact that Kwon blocked me really makes sense, because I’m not a fan of psychopaths who destroy the trust in this market.»

According to Marcus, 70% of investors do not even understand the fundamentals of the cryptocurrency market. Therefore, before investing your money in a cryptocurrency project, you need to analyze it yourself using common sense.