Dogecoin Creator Belittles, Throws Shade on Bitcoin and Blockchain
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Dogecoin creator Jackson Palmer doesn't think the blockchain's progression is anything like that of the Internet, in a tweet from Wednesday. Jackson Palmer Says Bitcoin Adoption Nothing Like the InternetIt's plainly dishonest to liken blockchain technology to the advent of the internet, which after 10 years had obvious product-market fit and user demand. Which is to say, like the Internet, Bitcoin could take decades to find its "User demand" and "Market fit." Twitter user Conor Ham responded to the tweet, clarifying that he might agree with Palmer's assessment if "Blockchain technology" means everything besides Bitcoin.
Palmer, for his part, responded that his statement does include Bitcoin. Jackson Palmer February 27, 2019.Meanwhile, after 10 years Bitcoin doesn't have a real use case outside of illegal activity, gambling or supposedly being useful if we enter some Mad Max-like dystopia. People disagreed with Palmer on various grounds, primarily the use cases for Bitcoin.
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Summarised crypto news.