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The creator of Dogecoin is divesting all his cryptocurrency assets and walking away. This isn't good news.

A little background, Jackson Palmer made a thread yesterday asking /Dogecoin for their feedback on a new cryptocurrency called NeuCoin. The reaction he received was .. less than a stellar.
How about you take your time and effort and help dogecoin succeed instead of jumping of the ship to a other coin?
He was our founder, he left more than once, normally in huge fits of drama. The first when he nearly got the subreddit deleted, then when he decided we were too "cult like".
Today he announced his departure from the cryptocurrence space on twitter.
Divesting completely from any #crypto assets I hold, including #Bitcoin, #Dogecoin and #Stellar
Will be taking an extended leave of absence from the toxic (and quite frankly, stagnant) space that is cryptocurrency.
As for #Dogecoin, never lose sight of the fact that it started as a playful, absurd joke - and although it's resulted in fun, crazy times...
@ummjackson I sincerely hope nobody is disillusioned to feel it will ever supersede fiat , or even Bitcoin.
@ummjackson That being said, I see no long-term future for #Bitcoin or cryptocurrencies at this point / with the community it has.
Bitcoin reaction:
Translation: I can't do it, so nobody can. :/
Bitcoin has one of the most diverse communities I've ever been a part of. Never before have I seen bankers drinking with libertarians and hipsters across all political stripes, agreeing on the same moral principles.
/Dogecoin reaction (nothing really juicy in here so far)
And lastly, Jackson Palmer explains his reasons for quitting:
The crypto scene is a little toxic in that if you talk about or post something within a community that doesn't directly hype or pump the price of thing that community are "invested" in, people jump on and attack it. I've known this for a while so in retrospect should have seen it coming before I made that post.
Update: News article about this.
Palmer told CoinDesk:
"All in all, the cryptocurrency space increasingly feels like a bunch of white libertarian bros sitting around hoping to get rich and coming up with half-baked, buzzword-filled business ideas which often fail in an effort to try and do so."
Bitcoin vs buttcoin fight about who's more toxic
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