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Benzinga
Benzinga
Business
Samyuktha Sriram

Dogecoin Creator Says Jack Dorsey Is One 'Bitcoin Maxi' He Likes

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus has explained why he likes and respects Jack Dorsey despite not having met him personally.

What Happened: Markus expressed his opinion about Dorsey in response to podcaster Lex Fridman calling the former Twitter Inc (NYSE: TWTR) CEO a “good human being.”

There are "a few bitcoin maxis who like, are earnest and based, and jack is one of those guys,” said Markus.

Markus added that Dorsey was "exceptional" with a strong vision, and does not "blow smoke to please people."

Why It Matters: For context, a Bitcoin (CRYPTO: BTC) maximalist is someone who believes all other cryptocurrencies are inferior to the apex coin.

Dorsey has often criticized Ethereum (CRYPTO: ETH) for being too centralized and recently said those building on Ethereum would be subject to “many single points of failure.”

Dorsey also reacted to Robinhood Markets Inc (NASDAQ: HOOD) listing meme coin Shiba Inu (CRYPTO: SHIB) with a cryptic question mark and expressed skepticism at CEO Vlad Tenev's proposed changes to make Dogecoin the “future currency of the internet.”

He went so far as to call Bitcoin his life’s most important work at the Bitcoin 2021 conference in Miami, explaining that he would leave his role at Twitter and Block Inc (NASDAQ: SQ) if he felt it was necessary.

Price Action: According to data from Benzinga Pro, BTC was trading at $41,380, up 1.59% in the last 24 hours. DOGE was trading at $0.14, up 1.45% over the same period.

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