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A Dogecoin co-creator called Elon Musk a 'self-absorbed grifter' in a now-deleted tweet after Tesla said it would stop accepting payment in bitcoin (TSLA, DOGE)

Published by Business Insider on Fri, 14 May 2021


<p><img src="https://static2.businessinsider.com/image/609eabe6f27b4c001944487f-2222/5fa27f2569331a0011bc72ed.jpeg" border="0" alt="Elon Musk" data-mce-source="Win McNamee/Getty Images"></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>A co-creator of Dogecoin called Elon Musk a "self-absorbed grifter" in a tweet that has since been deleted after the Tesla CEO stopped allowing customers to pay for vehicles in Bitcoin.</p><p>According to multiple Twitter users who captured screenshots of the tweets and shared them on the social media platform, Jackson Palmer said "Reminder: Elon Musk is and always will be a self-absorbed grifter." He also warned in a follow-up tweet that he would be "removing this in 1 min as that's all I have to say and I enjoy the quiet life."</p><p>In a third tweet, he also said "ps. SNL episode was cringe, bro," referring to Musk's appearance on Saturday Night Live last weekend.</p><p>The blog <a href="https://www.zerohedge.com/crypto/dogecoin-co-creater-calls-elon-musk-self-absorbed-grifter">Zero Hedge</a> also reported on the posts. Tesla did not immediately respond to Insider's request for comment.</p><p>Palmer, who created the digital Dogecoin currency in 2013 with fellow software engineer Billy Markus as a joke, says he has not been involved with the Dogecoin project or the cryptocurrency market "in many years," according to his <a href="https://ummjackson.com/">website</a>. His late Thursday night posts surprised users who rarely hear from the self-described "product &amp; data geek based in San Francisco."</p><div><blockquote class="twitter-tweet" data-lang="en" data-cards="" data-conversation=""><p lang="en" dir="ltr">The co-creator of Dogecoin, Jackson Palmer, steps out of shadows to tweet &amp; delete:<br>Tweet1: "Elon Musk is and always will be a self-absorbed grifter"<br>Tweet2: "Removing this in 1 min as that's all I have to say and I enjoy the quite life"<br>Tweet3: "ps. SNL episode was cringe, bro" <a href="https://t.co/StkV8u1JyN">https://t.co/StkV8u1JyN</a></p> Preston Pysh (@PrestonPysh) <a href="https://twitter.com/mims/statuses/1393206228944293890'ref_src=twsrc%5Etfw">May 14, 2021</a></blockquote><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script></div><div><blockquote class="twitter-tweet" data-lang="en" data-cards="" data-conversation=""><p lang="en" dir="ltr">Jackson Palmer, hidden for years,<br><br>steps out from the shadows<br><br>executes a headshot with brutal precision<br><br>and fades back in<a href="https://t.co/JWJErWmPeV">pic.twitter.com/JWJErWmPeV</a></p> notsofast (@notsofast) <a href="https://twitter.com/mims/statuses/1392999141333032960'ref_src=twsrc%5Etfw">May 14, 2021</a></blockquote><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script></div><div><blockquote class="twitter-tweet" data-lang="en" data-cards="" data-conversation=""><p lang="en" dir="ltr">Dogecoin kurucusu itin gtne sokmu Elonu <a href="https://t.co/VRyJNhpiuI">pic.twitter.com/VRyJNhpiuI</a></p>(@wendykauri) <a href="https://twitter.com/mims/statuses/1393228423905095687'ref_src=twsrc%5Etfw">May 14, 2021</a></blockquote><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script></div><div><blockquote class="twitter-tweet" data-lang="en" data-cards="" data-conversation=""><p lang="en" dir="ltr">Neden <a href="https://twitter.com/search'q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> coin almyorum, ite cevab burada. Evet arkaplannda hibir ey olmayan eylerden bile para kazanabilirsiniz ama ben tercih etmiyorum. <br><br>Aadaki grsel <a href="https://twitter.com/search'q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a>'nin kurucusuna ait. Elon Musk'a dolandrc diyor. Kendisinin elinde hi doge yok bildiim kadaryla. <a href="https://t.co/5G5NgvkurF">pic.twitter.com/5G5NgvkurF</a></p> Holmes The Trader (@yat_fx) <a href="https://twitter.com/mims/statuses/1393208056645816321'ref_src=twsrc%5Etfw">May 14, 2021</a></blockquote><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script></div><p>Palmer's tweets come after the Tesla CEO announced <a href="https://www.businessinsider.com/tesla-bans-bitcoin-payments-due-to-impact-on-environment-2021-5">the company was halting payments via bitcoin for its vehicles. </a>The suspension was due to the negative environmental impact of mining cryptocurrency, which requires increased use of fossil fuels.</p><p>"Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the environment," the company said via a tweet posted by Musk. He also said the trending energy usage of Bitcoin over the past few months is <a href="https://twitter.com/elonmusk/status/1392780304138473473">"insane."</a></p><p>After Musk made the comments, <a href="https://markets.businessinsider.com/currencies/news/bitcoin-price-tesla-payment-stops-elon-musk-climate-change-environment-2021-5-1030424949">bitcoin plummeted as much as 15%.</a></p><p><em><strong>Read more:</strong> <a href="https://www.businessinsider.com/elon-musk-tweets-created-new-economy-2021-3'r=kc-sub">How Elon Musk's tweets created a new economy</a></em></p><p>Palmer's tweets also follow Musk's appearance hosting SNL, during which he <a href="https://www.businessinsider.com/snl-elon-musk-dogecoin-hustle-future-currency-2021-5">called Dogecoin the "future of currency" and predicted that it will "take over the world,"</a> as Insider's Allan Akhtar reported.</p><p>Musk has long publicly voiced his support for cryptocurrency, including supporting investing in Dogecoin. Tesla also reported buying $1.5 billion worth of bitcoin in February, per <a href="https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html">CNBC</a>, when it said it planned to start accepting the currency as payment.</p><p>On Thursday evening, Musk <a href="https://twitter.com/elonmusk/status/1392974251011895300">tweeted</a> that he was working with Dogecoin developers to "improve system transaction efficiency. Potentially promising."</p><p><a href="https://www.businessinsider.com/elon-musk-net-worth-drops-25-billion-bitcoin-tesla-2021-5">Musk's net worth has dropped by $25 billion</a> after the events of this week.</p><p><a href="https://www.businessinsider.com/dogecoin-creater-elon-musk-self-absorbed-grifter-jackson-palmer-2021-5#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/kosher-passover-coca-cola-bottles-yellow-cap-bottle-soda-retail-food-drink-jewish-jews-2017-4">Why some Coca-Cola bottles have a yellow cap</a></p>
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