Billy Markus, the co-creator of the renowned meme-inspired cryptocurrency Dogecoin, has taken a step into the spotlight once again.

He recently engaged with the crypto community on the X social media platform, revealing his personal preferences when it comes to virtual currencies and shedding light on the technical underpinnings of Dogecoin.

Markus, who originally developed Dogecoin as a lighthearted side project alongside Jackson Palmer, shared his perspective on navigating the intricate landscape of cryptocurrencies. 

He emphasized a prudent approach to investments, stating, “my #1 rule of crypto is never put more money into it than you’re willing to burn in a fire.” 

This cautionary principle reflects his understanding of the inherent volatility and risks associated with digital assets.

my #1 rule of crypto is never put more money into it than you’re willing to burn in a fire

— Shibetoshi Nakamoto (@BillyM2k) August 17, 2023

Unveiling Markus’ Crypto Palette

Delving into his personal preferences, Markus revealed his affinity for established players in the crypto sphere. He named Bitcoin (BTC) and Ethereum (ETH), the two leading cryptocurrencies by market capitalization, as his favorites.

Expressing his straightforward view on Dogecoin, Markus likened it to “Bitcoin in a dog suit,” emphasizing the light-hearted spirit that underpins its creation.

i like the major players (btc eth) and doge is just bitcoin in a dog suit

i don’t like basically any erc-20 token

— Shibetoshi Nakamoto (@BillyM2k) August 17, 2023

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Author: Christian Encila

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