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By Rudy TakalaJul 14th, 2021, 6:16 pm   A Dogecoin co-founder denounced cryptocurrency on Wednesday, saying he would never again be involved with the “inherently right-wing” ecosystem he helped to build. “I am often asked if I will ‘return to cryptocurrency’ or begin regularly sharing my thoughts on the topic again,” Jackson Palmer wrote in a thread on Twitter. He said the answer was a “wholehearted ‘no. ” After years of studying it, I believe that cryptocurrency is an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity.

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