Dogecoin (DOGE) co-founder Jackson Palmer ruled out the start of a crypto winter in an interview with Crikey, noting the distribution of “mountains of money” by digital asset supporters.

“They’re waiting for a new batch of idiots to arrive. It happens cyclically.”said the expert.

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

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

“More and more people are doing nothing but making money without effort. It kind of ruined our lives. A mental problem has arisen – what seemed “strange” five or ten years ago has now become commonplace. Now, even if it’s clearly a scam, people ask, ‘Do I really care?’ she thinks.” explained.

The creator of Dogecoin sees an increase in “cynicism” about cryptocurrencies. Palmer noted that from 2013 to 2020 almost all of the crypto skeptics lost, but now they are starting to “wake up” after losing money.

Dogecoin’s co-founder once again criticized Elon Musk.

“He’s a swindler. He’s selling his vision of the future in the hope that one day he will realize what he promised. But Musk doesn’t know that.”, – said the expert.

Palmer released a podcast griffonomyHe decided to develop a critique of society in

Recall that in 2021, the co-founder of Dogecoin called the cryptocurrency “far-right, hyper-capitalist technology” created to improve the well-being of already wealthy people.

In 2013, Palmer and Adobe Systems colleague Billy Markus created the meme cryptocurrency Dogecoin. The developers did not expect their projects to be taken seriously. Two years later they left the project and sold their DOGE.