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Saturday, 05/15/2021 12:02:27 PM

Saturday, May 15, 2021 12:02:27 PM

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A Dogecoin cocreator called Elon Musk a 'self-absorbed grifter' in a now deleted tweet after Tesla said it would stop accepting payment in bitcoin

Katie Canales May 14, 2021, 1:36 PM

Elon Musk
Win McNamee/Getty Images
A Dogecoin cocreator slammed Elon Musk after the Tesla CEO said bitcoin's energy use was "insane."
The comments came after Musk said Dogecoin was the "future of currency" on "SNL."
Jackson Palmer, the cocreator, also tweeted that the "SNL episode was cringe, bro."
See more stories on Insider's business page.

A cocreator of Dogecoin called Elon Musk a "self-absorbed grifter" in a now deleted tweet after the Tesla CEO stopped allowing customers to pay for vehicles in bitcoin.

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 said 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."

In a third tweet, he added: "ps. SNL episode was cringe, bro." Palmer was referring to Musk's appearance on "Saturday Night Live" last weekend.

The blog Zero Hedge also reported on the posts. Tesla did not immediately respond to Insider's request for comment.


Palmer, who created the digital Dogecoin currency in 2013 with fellow software engineer Billy Markus as a joke, says on his website he has not been involved with the Dogecoin project or the cryptocurrency market "in many years." His Thursday night posts surprised users who rarely hear from the self-described "product & data geek based in San Francisco."