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Dogecoin<\/strong> DOGE\/USD<\/span> co-creator Jackson Palmer <\/strong>questioned claims that cryptocurrencies are politically neutral.<\/p>\n What Happened: <\/strong>Palmer shared an excerpt from a Vice interview featuring CoinShares <\/strong>Chief Strategy Officer Meltem Demirors<\/strong> in a tweet on Sunday.<\/p>\n
<\/p>\n Many people claim that cryptocurrency is politically neutral, despite its core promoters telling a very different story. pic.twitter.com\/hZ6jFi6c4d<\/a><\/p>\n
The Dogecoin co-creator said, \u201cMany people claim that cryptocurrency is politically neutral, despite its core promoters telling a very different story.\u201d<\/p>\n Demirors said in the excerpt, \u201cI\u2019m going to help put people in office.\u00a0We need to create a new political party.\u201d<\/p>\n \u201cI don\u2019t think the two-party system in America works and I think we are\u00a0now at a point in the crypto ecosystem where we have enough resources and we have enough wealth and we have enough people who view the world through the same lens that we can actually start to enact real change.\u201d<\/p>\n See Also: <\/em>Best Crypto Debit Cards<\/em><\/a><\/p>\n Why It Matters: <\/strong>Palmer, who created Dogecoin along with Billy Markus,<\/strong> said in July that despite claims of decentralization, cryptocurrency is controlled<\/a> by a clutch of wealthy figures.<\/p>\n Demirors\u00a0works for CoinShares, a firm that manages $4 billion in assets on behalf of a global client base, according to the latter\u2019s website.\u00a0<\/p>\n In her previous role, Demirors\u00a0helped build Digital Currency Group<\/strong>, a Connecticut-based venture capital firm behind exchange-traded funds such as the Grayscale Bitcoin Cash Trust <\/strong>BCHG<\/span>.\u00a0<\/p>\n In the March interview with Vice Executive Producer Krishna Andavolu,<\/strong> Demirors talked about Bitcoin\u2019s history and its culture.<\/p>\n Demirors reminisced in the interview that \u201cBitcoin was deeply ideological in nature and very closely aligned with crypto-anarchism.\u201d<\/p>\n \n
\n\u2014 Jackson Palmer (@ummjackson) August 14, 2022<\/a><\/p><\/blockquote>\n