Quote:
Originally Posted by Lucas McCain
Reminds me of Dogecoin. Two dudes were clear that they came up with the token as a joke and people still traded it. Those 2 software engineers are probably still laughing about how that "joke" made them so wealthy.
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well you are not wrong. the two co-founders of dogecoin did indeed start it as a joke.
https://en.wikipedia.org/wiki/Dogecoin
Originally formed as a "joke",
[11] Dogecoin was created by
IBM software engineer Billy Markus and
Adobe software engineer Jackson Palmer. They wanted to create a peer-to-peer digital currency that could reach a broader demographic than
Bitcoin. In addition, they wanted to distance it from the controversial history of other coins.
[12] Dogecoin was officially launched on December 6, 2013, and within the first 30 days, there were over a million visitors to Dogecoin.com.
[13]
both eventually left the crypto world saying this ...
Co-founder Jackson Palmer left the cryptocurrency community in 2015 and has no plans to return,
having come to the belief that cryptocurrency, originally conceived as a libertarian alternative to money, is fundamentally exploitative and built to enrich its top proponents. His co-founder, Billy Markus, agreed that Palmer's position was generally valid.
[26][27]
Jackson Palmer did get rich from the "joke" to the tune of about 50 million .. let's hope that's not all in dogecoin. he might wake up one day broke.
https://www.affiliatebay.net/jackson-palmer-net-worth/
his co-founder in the "joke" is worth a piddly 18 million ..
https://nasacademy.com/blog/article/...rkus-net-worth
not bad for a "joke".
in other news ..
FTX finds $5.5 billion in liquid assets, still faces 'substantial shortfall'
https://www.yahoo.com/finance/news/f...214947490.html
if this value of assets can be recovered that's about 68 percent of the victim's losses. then there is the assets in the Bahamas which estimates vary wildly from up to 3.5 billion (which potentially makes the victims whole on their losses) to about 500 million.
