Dogecoin co-creator Jackson Palmer has once again taken to the Internet to spew his disdain for the cryptocurrency industry. This time, he lashes out at Mark Cuban, owner of the Dallas Mavericks.
In an interview with Business Insider, the Adobe specialist stated that billionaire entrepreneur Cuban and other prominent investors have “drunk the Kool-Aid” regarding cryptocurrencies and NFTs.
A person who “drinks the Kool-Aid” is one who believes in a potentially hopeless or silly concept because of the promise of large benefits. This expression is usually taken in a pejorative sense.
Palmer told the news outlet that he believes Cuban has been hoodwinked into believing in NFTs and cryptocurrencies, pointing out that Cuban is not paid as a celebrity to promote digital currencies.
Dogecoin co-creator Jackson Palmer. Image: Business Insider
Is Cuban Brainwashed About Crypto?
“Cuban has kind of been indoctrinated into believing that these things are the future,” Palmer said.
Palmer is one of the two creators of the Dogecoin meme coin. He and Billy Marcus developed the coin as a parody of the hypothetical aspect of cryptocurrencies.
Elon Musk, CEO of Tesla and SpaceX, consistently supports Dogecoin, one of the top 15 cryptocurrencies by market capitalization.
Palmer directed similar criticisms at Musk in May, claiming that he was a “grifter” attempting to sabotage Twitter. He also asserted that Musk lacks the ability to execute…
