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Posted: 2022-05-31T20:17:06Z | Updated: 2022-05-31T20:17:06Z

The co-creator of Dogecoin a cryptocurrency that was literally a joke until Elon Musk began to talk it up does not think highly of the Tesla CEO billionaire.

In an interview with the independent Australian news website Crikey, Jackson Palmer cast a skeptical eye at Musk, beginning with the first time they interacted.

The two exchanged messages on Twitter years ago, he said, when Musk inquired about a bot Palmer wrote to flag cryptocurrency scams on social media.

Elon reached out to me to get hold of that script and it became apparent very quickly that he didnt understand coding as well as he made out, said Jackson, adding that Musk didnt seem to know how to run basic code.

After I gave him the script, I wasnt a fan of him, he said. Hes a grifter, he sells a vision in hopes that he can one day deliver what hes promising, but he doesnt know that. Hes just really good at pretending he knows.

Palmer co-founded Dogecoin in 2013 as a satirical counter to Bitcoin then a relatively new, obscure financial invention. (Unlike Bitcoin, of which a limited number can exist, the number of theoretical Dogecoins is unlimited, making their value particularly questionable.)

Dogecoin remained a joke until early 2021, when Musk began hyping the coin on Twitter, sending the currencys value sharply upward .

In one post, Musk shared a photoshopped picture of himself as Rafiki in The Lion King, holding the Dogecoin mascot, a Shiba Inu, skyward.

ur welcome pic.twitter.com/e2KF57KLxb

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ur welcome pic.twitter.com/e2KF57KLxb

Elon Musk (@elonmusk) February 4, 2021

In others, Musk praised the coin as the peoples crypto, and not-so-subtly hinted it was headed to the moon, a common refrain among cryptocurrency fans optimistic about their portfolios trajectory.

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About a year ago when Musk was saying something about crypto, I said Elon Musk was and always will be a grifter but the world loves grifters, Palmer told Crikey, pointing to Muskss promise of full-self-driving Teslas as evidence.

As for Musks ongoing will-he, wont-he endeavor of buying Twitter, Jackson wasnt optimistic. His play is to either dismantle all trust, or maybe hes delusional enough to think he can build an alternative, he said. The other alternative is that he wants to drive it into the ground at a much lower price, and I think thats what hes doing.

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Thank you for your past contribution to HuffPost. We are sincerely grateful for readers like you who help us ensure that we can keep our journalism free for everyone.

The stakes are high this year, and our 2024 coverage could use continued support. Would you consider becoming a regular HuffPost contributor?

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The stakes are high this year, and our 2024 coverage could use continued support. We hope you'll consider contributing to HuffPost once more.

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