DogeCoin Co-Founder States all Tokens on Binance Smart Chain Are Garbage

Summary:

  • DogeCoin co-founder, Billy Markus, has refuted the existence of a ‘BSCgem.’
  • The DogeCoin co-founder also added that every token on the Binance Smart Chain is garbage.

DogeCoin co-founder, Billy Markus, has stated that there is no such thing as a ‘BSCGem’ on the Binance Smart Chain. According to his analysis, every token on the Binance Smart Chain is garbage, and every Twitter account mentioning a ‘BSCGem’ is ‘a scam bot, a scumbag or an idiot.’

The DogeCoin co-founder also highlighted that the crypto community always asks to get educated on crypto but somehow always wants advice on getting richer. Mr. Markus shared his analysis of tokens on the Binance Smart Chain and the behavior of the crypto community through the following two tweets.

Crypto Community Reacts to Claims by the DogeCoin Co-Founder that Tokens on The BSC Chain are Garbage

However, Billy Markus’ comments on tokens on the Binance Smart Chain being garbage elicited mixed reactions from his crypto-twitter follows. Below are a few samples of responses to his comments.

Here’s all the education folks need. 1 doge = 1 doge – by @DogeHypeASF

People: Invest in this meme token! It’ll make you rich Also People: This token crashed, we need regulation against scams – by @ZacPrater

Cannot agree more. Pumping the BNB price for Binance. Every exchange token has the same function. Kind of Ponzi. – by @KryptoLander

Unfortunately I completely disagree. There are so many benefits and advantages to list on the BSC, I may be biased, however, #strikeX (@StrikeXofficial) is really going to change the trading industry forever!! Feel free to DM if you want to know more about the project. – by @Samtaylors01

Says the guy who sold his doge to buy a used Honda Civic – by @vinhodler

Billy Markus is No Longer Involved With the Development of DogeCoin

Also worth mentioning is that Markus created Dogecoin back in 2013 in about two hours as a parody of Bitcoin. He sold all his coins back in 2015 after what he stated was a result of being laid off. Furthermore, he used the proceeds to buy the above-mentioned Honda Civic. He explained:

As I mentioned on my twitter, I’m no longer part of the Dogecoin project, I left around 2015 as the community started to strongly shift from one that I was comfortable with.

I don’t currently own any Dogecoin except what has been tipped to me recently, I gave away and/or sold all the crypto I had back in 2015 after being laid off and scared about my dwindling savings at the time, for about enough in total to buy a used Honda Civic.

I’m not struggling – I work full time as a Software Engineer – but I’m mentioning this to set the record straight, as there are many incorrect assumptions around about my involvement and stake in the project.