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Dogecoin (DOGE/USD) – Dogecoin Co-Creator Says Mark Cuban ‘Drunk The Kool-Aid’ With Crypto And NFTs – Coin24h.com

Dogecoin (DOGE/USD) – Dogecoin Co-Creator Says Mark Cuban ‘Drunk The Kool-Aid’ With Crypto And NFTs – Coin24h.com

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Dogecoin DOGE/USD Creator Jackson Palmer said that billionaire investor Mark Cuban and some high-profile venture capitalists have “drank the Kool-Aid” on cryptocurrencies and NFTs.

What happened: In a recent interview with Business Insider, Palmer said that unlike celebrities who get paid to promote certain crypto projects, Cubans actually seem to buy into the idea of ​​crypto.

“Mark Cuban doesn’t get paid as a celebrity to promote this story. He’s actually kind of indoctrinated to believe that these things are the future,” Palmer said.

The founder of Dogecoin went on to say that by funding the crypto space, Cubans and venture capital firms like it Andreessen Horowitz’s Marc Andreessen and Chris Dixon indeed they have some kind of grief.

“It’s more sad to me because they actively see it as an ongoing way to make a profit – it’s not like they’re paid once to promote something – it’s that they want to be the ones who control or have ownership or a large share of such a dig, of a harsh cryptocurrency system,” he said.

Also Read: Bitcoin, Ethereum, Dogecoin Surge Higher Into The Weekend: What’s Going On?

Cuban reportedly shrugged off Palmer’s statements when Business Insider asked for his take on them.

“It sounds like what’s been said about every new technology I’ve been involved with,” Cuban said in a statement to Business Insider. In another statement to Decrypt, the Shark Tank investor said, “Some people get caught on the side of speculation [of crypto]. I do not.”

Speaking at the 2022 Code conference earlier this week, a Cuban who declared himself Ethereum ETH/USD maxi, said he believes crypto is “so boring” now because it lacks newer applications to push it forward.

Price actions: At press time, DOGE was trading at $0.064 and ETH at $1,719, up 3% and 5% in 24 hours.

Image courtesy of Gage Skidmore on Flickr

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