In a vitriol-filled Twitter thread on Wednesday, Jackson Palmer, the co-founder of the memecoin DOGE, blasted the whole crypto sector and its investors. “I believe that cryptocurrency is an essentially right-wing, hyper-capitalistic technology designed largely to increase the wealth of its proponents through a mix of tax avoidance, reduced regulatory monitoring, and artificially enforced scarcity,” says the author. He invented the massively popular Dogecoin coin as a joke in 2013.