Dogecoin (CRYPTO: DOGE) co-founder Billy Markus took to Twitter on Friday to express his anguish over the mess cryptocurrencies are finding themselves in. Markus, who goes by the Twitter name Shibetoshi Nakamoto, walked his followers through the rationale behind the creation of cryptos.
He noted that cryptos were created as a "statement" against central bank control, right after the recession caused by the housing collapse in 2006. He shared a screenshot of the 2007 post by Bitcoin (CRYPTO: BTC) founder Satoshi Nakamoto, announcing the creation of the apex currency.
