The Dogecoin community recently celebrated their founder, Billy Marcus, for rejecting a $14 million offer to promote dogechain at the expense of DOGE.
“Billy was offered to get 10B DC from Dogechain to promote their project. That is, at the current price, 14 MILLION DOLLARS. @BillyM2k turning down this much money to avoid betraying your community is worthy of our deepest respect.”
The Twitter user, Vee, stated that Marcus did the right thing by not accepting the offer to betray the DOGE community, despite not being able to buy a home for himself. However, Vee added that not many Dogecoin influencers could emulate Marcus’ loyalty to the meme coin project.
Dogecoin Founder Speaks Up
Billy Marcus commented on the post, saying it is hard to protect the DOGE community from anything because people have free will. He added that many people in the crypto space are focused on making money at any cost, including betraying the entire project.
Marcus said:
“to be fair, I don’t think we can protect “the community” from anything since people are free to make their own decisions, and the huge majority of people in crypto couldn’t care less about anything but making money. So all you’ll see are things repeat themselves forever.”
Furthermore, Marcus said most crypto investors are gamblers and will do anything for the money. These so-called gamblers will always defend their decisions, which makes it challenging to convince them to do otherwise.
Related: Dogecoin Founder Slams SEC’s Executive For His Recent Crypto Comments.
“My only choice was that I didn’t feel right about encouraging people to do anything,” Marcus said.
Marcus also noted that encouraging people to adopt DOGE is not in his place.
“[…] I don’t even think it’s my place to encourage people to buy dogecoin,” Marcus said.
The dogecoin founder believes that people should understand what they intend to do before they delve into it.
“I just think people should understand what they are doing at a basic level, and then they are free to make whatever decision they want, dumb or smart,” he added.
DOGE Investors In Safe Hands
While Marcus believes it is difficult to convince most influencers not to betray the community for cheap gains, he has always believed in protecting the community from people perceived as bad actors.
Earlier this year, Marcus threatened to sue famous crypto YouTuber Matt Wallace for planning to abuse DOGE’s trademark for his gains.
The YouTuber planned to launch a cryptocurrency dubbed Accept DOGE under the guise of promoting the widespread adoption of DOGE among top businesses. However, the development did not sit well with DOGE supporters and Marcus, who asked Wallace to change the token’s name or risk engaging in a legal battle with the Dogecoin team.
Wallace was forced to change the token’s name to Accept Cryptocurrency (ACEPT). Unfortunately, it did not take long before a rug pull was carried out on the project, and its value plunged to nearly zero.
Read more: Dogecoin and Others Now Available at Grocery Store Kiosks.
