Elon Musk Responds to Dogecoin Co-Founder’s Criticism of Modern Financial Markets as ‘Insane Stupidity’
Co-founder of Dogecoin, Billy Markus, took to Twitter to criticize modern financial markets, calling them “batsh*t insane stupidity.” This comes at a time of uncertainty in the banking sector, with two major US banks, Silicon Valley Bank and Signature Bank, collapsing and being bailed out by regulators to protect depositors and prevent a systemic meltdown. Elon Musk, CEO of Twitter, chimed in and agreed with Markus’ sentiment. Despite this turmoil, Dogecoin’s price has been on the rise, with the cryptocurrency trading at $0.072, up 3.35% in the last 24 hours. Some analysts have even predicted that the cryptocurrency market will continue to surge, with Bitcoin and Ethereum breaching $25,000 as FOMO grips investors.
(Visited 6 times, 1 visits today)
About The Author
