‘Only created Dogecoin, not Bitcoin’ – Why Billy Markus had to clear the air

    Billy Markus humorously dismissed speculation linking him to Bitcoin’s creation.
    DOGE surged 5.19% in 24 hours; BTC traded at $64,307.87, up by 1.21%.

As a seasoned analyst with a decade of experience in the dynamic world of cryptocurrencies, I find it intriguing to delve into the enigmatic lives of the figures that shape this digital frontier. The recent speculation surrounding Billy Markus and his alleged involvement in Bitcoin’s creation is a perfect example of the captivating narratives that often unfold within the crypto community.


Lately, there’s been a lot of chatter about Billy Markus, one of the creators of Dogecoin [DOGE], and his possible ties to Bitcoin [BTC] and significant digital currencies.

A significant portion of these theories arises due to the amusing pseudonym he chose on platform X, “Shibetoshi Nakamoto,” which playfully hints at Bitcoin’s enigmatic inventor, Satoshi Nakamoto.

Although he often goes by this nickname, Markus repeatedly makes it clear that he has no direct association with Bitcoin. Instead, he highlights his dedication to DOGE and downplays such speculations as just online gossip.

Dogecoin co-founder clears the air

More recently, Markus has directly tackled the increasing rumors concerning X, stating his views.

I just wanted to make it clear that I’ve only developed Dogecoin back in 2013, and nothing else related to cryptocurrencies after that. Furthermore, you won’t see me involved with creating or working on any cryptocurrency projects from then on.

He added, 

“Anything claiming I am affiliated is lying.”

The exchange took a comedic twist when X influencer Ian Miles Cheong jokingly remarked, 

“But you invented Bitcoin.” 

In response, Billy Markus, known for his humorous take on internet chatter replied, 

“Yes, and I also invented the internet and oxygen.” 

With this clever remark, Markus playfully mocked the outlandishness of such statements, highlighting the numerous theories and rumors that often surround influential individuals within the world of cryptocurrency.

Markus is not Satoshi

It’s worth noting that the ongoing debate about who Satoshi Nakamoto, the mysterious inventor of Bitcoin, truly is, has sparked numerous hypotheses connecting significant players within the cryptocurrency world.

Despite the rumors, the co-founder of Dogecoin adopted a playful but unequivocal position, brushing them aside with laughter.

Dogecoin, introduced in 2013 as a playful option compared to the more formal digital currencies such as Bitcoin, entered the scene four years following Bitcoin’s launch in 2009.

Since Satoshi Nakamoto disappeared from public view in 2011, it’s almost certain that the inventor of Dogecoin isn’t the same individual as the one who created Bitcoin.

Moreover, it’s been suggested that Bitcoin’s mysterious inventor might actually be a collective of programmers who jointly refined the cryptocurrency’s coding.

However, the truth remains unknown.

DOGE and BTC

Currently, DOGE was being exchanged for approximately $0.1149, with a 5.19% jump observed within the past 24 hours and more than a 10% increase in its value over the last week.

Conversely, Bitcoin was priced at approximately $64,307.87, experiencing a 1.21% growth within the last 24 hours and a 3.17% upward trend in the past week.

According to AMBCrypto’s interpretation of Santiment’s Relative Strength Index (RSI) findings, it appears that the positive market trend is likely to persist for both cryptocurrencies.

‘Only created Dogecoin, not Bitcoin’ – Why Billy Markus had to clear the air

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2024-09-26 18:16