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

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How did Billy Markus defend himself against rumors linking him to the creator of Bitcoin?

'Only created Dogecoin, not Bitcoin' - Why Billy Markus had to clear the air

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  • 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%.

Recently, rumors have been swirling around Dogecoin [DOGE] co-founder Billy Markus and his potential connection to Bitcoin [BTC] and other major cryptocurrencies.

Much of this speculation stems from his username on X, “Shibetoshi Nakamoto,” which humorously refers to BTC’s mysterious creator, Satoshi Nakamoto.

Despite using the nickname, Markus has consistently distanced himself from any involvement with Bitcoin, emphasizing his focus on DOGE and dismissing the claims as mere internet chatter.

Dogecoin co-founder clears the air

However, recently in response to the growing speculation, Markus addressed the rumors directly on X, and said,

“Just going to reiterate that I have not created any cryptocurrency except Dogecoin in 2013 (and bells before that), have not worked on any cryptocurrency since 2014, and will never create or work on any cryptocurrency since those two.” 

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 witty comment, Markus poked fun at the absurd nature of such claims, underscoring the many speculations that swirl around prominent figures in the crypto community.

Markus is not Satoshi

That being said, this growing speculation about the identity of BTC’s elusive creator, Satoshi Nakamoto, has led to various theories, linking prominent figures in the crypto space.

The Dogecoin co-founder, however, took a light-hearted yet clear stance against these rumors, dismissing them with humor.

DOGE, launched in 2013 as a fun alternative to more serious digital currencies like Bitcoin, came four years after BTC’s debut in 2009.

With Satoshi vanishing from the public eye in 2011, it was evident that the creator of Dogecoin is highly unlikely to be the person behind Bitcoin.

Additionally, there has been speculation, with some believing that BTC’s elusive creator could be a group of developers who collaboratively perfected the cryptocurrency’s code.

However, the truth remains unknown.

DOGE and BTC

Meanwhile, DOGE was trading at $0.1149, experiencing a 5.19% surge in the last 24 hours and over 10% in weekly gains.

BTC, on the other hand, stood at $64,307.87, with a 1.21% rise in the past day and a 3.17% increase over the past week.

AMBCrypto’s analysis of Santiment data on the RSI for both coins further confirmed that bullish momentum is here to stay.

Santiment

Source: Santiment

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Ishika is a graduate of Political Science from the University of Delhi. From writing content as a hobby to now pursuing it as a professional career, she has been living and breathing content all her life. Her interests lie in making sure articles are very digestible to a common reader, despite all its technicalities and jargons.
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