The co-founder of Dogecoin doubted the onset of crypto winter

Dogecoin (DOGE) co-founder Jackson Palmer, in an interview with Crikey, ruled out the onset of a crypto winter, noting the distribution of “mountains of money” by digital asset promoters.
“They are waiting for a new batch of fools to come. This happens cyclically, ”said the specialist.

The co-founder of Dogecoin explained that the collective memory tends to fade. According to him, people no longer remember about ICO and NFT scams and are ready to invest in DAO and IGO.

Palmer expressed regret that the crypto market is not going to burst anytime soon.

“More and more people do nothing but earn money without putting in the effort. It kind of ruined our lives. A mental problem arose - things that seemed “strange” five or ten years ago have now become commonplace. Now, even if it's obviously a scam, people think, 'Do I really care?'" he explained.

The creator of Dogecoin sees a rise in "cynicism" about cryptocurrencies. From 2013 to 2020, he lost almost the entire environment of crypto-skeptics, although now they have begun to “wake up” after losing money, Palmer noted.

The co-founder of Dogecoin again criticized Elon Musk.

"He's a scammer. He sells his vision of the future in the hope that one day he will be able to realize what he promises. But Musk does not know this, ”said the specialist.

Palmer launched the Griftonomics podcast, in which he decided to develop criticism of the community.