This is an archive article published on June 1, 2022

‘My kids wrote better code’, Elon Musk on Dogecoin founder’s idea to fix Twitter spam bots

Dogecoin co-founder called Musk a 'grifter' and said "he sells a vision in hopes that he can one day deliver what he's promising, but he doesn't know that."

Elon Musk, Elon Musk Twitter, Elon Musk Twitter bidMusk will provide an additional $6.25 billion in equity financing for the $44 billion buyout. (Image: Reuters)
3 min readPuneJun 1, 2022 07:32 PM IST First published on: Jun 1, 2022 at 06:15 PM IST

Tesla CEO Elon Musk has criticised Dogecoin co-founder Jackson Palmer after the meme-coin creator called him a “grifter.” Dogecoin was created in 2013 by software engineers Billy Markus and Palmer as a “fun” alternative to Bitcoin. It was started as a satire on the numerous fraud crypto coins that had sprung up at the time and takes its name and logo from a Shiba Inu meme that was viral several years ago.

Palmer in an interview with the Australian news site Crikey spoke about Musk’s acquisition of Twitter for $44 billion which was put on hold after the billionaire made several statements around the issue of bots. He said that he offered to help and even wrote a Python code that could battle the surge of spambots on Twitter. Palmer also noted that Musk had reached out to him to ask for the code.

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