In his first tweet, the co-creator of Mime Currency stated that he was frequently asked if he would return to the world of crypto tokens. Whereas his answer to that question is wholeheartedly “no”.
I am often asked if I will “return to cryptocurrency” or begin regularly sharing my thoughts on the topic again. My answer is a wholehearted “no”, but to avoid repeating myself. I figure it might be worthwhile briefly explaining why here…
— Jackson Palmer (@ummjackson) July 14, 2021
In his second tweet, Palmer said the digital currency was created primarily to “enhance the wealth of his supporters” through tax avoidance and regulatory oversight. He said that despite claims of “decentralisation”, a powerful group of wealthy people control the crypto market. He further added that cryptocurrencies are like taking on the worst parts of today’s capitalist system, which include corruption, fraud and inequality.
Similarly, he vented his anger on many other topics in his series of tweets.
In 2015, Palmer announced an “extended leave of absence” from the cryptocurrency community. He called it “toxic” and criticized it for being “white male-dominated”.