The creator of the altcoin Dogecoin, Jackson Palmer, is in today’s crypto news for a statement in which he apparently belittles Bitcoin and the blockchain, saying that blockchain’s progression isn’t anything close to what is talked about online.
Palmer also said that it is completely “dishonest” to compare the two, especially citing the “user demand” and the “market fit” of the Internet after 10 years of development.
https://twitter.com/ummjackson/status/1100529696486285312
If you dig deeper, it is easy to see that the history of the web disagrees with Palmer. The Internet existed in the 1970s and in the 1980s, the rise of personal computers formented a revolution which led to Bitcoin.
According to the Internet, Bitcoin could take decades to find the “user demand” and “market fit.” Even though the Bitcoin adoption hasn’t been as fast as many would believe, the increasing reliance of educational systems on web technologies can definitely be linked to the widespread adoption of the web.
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One user named Conor Ham responded to Palmer’s tweet, clarifying his assessment and throwing further shades on blockchain and Bitcoin.
If “blockchain technology” = all of the useless BTC copycats out there then I agree with you completely.
— Conor Ham (@conor_ham) February 27, 2019
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