DOGE Creator Drops Approving Comment on New Netflix Crypto TV Series “Beef”

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Billy Markus, who co-created the popular meme cryptocurrency DOGE with Jackson Palmer back in 2013 and has since left the project, is now an active Twitter user and influencer known as Shibetoshi Nakamoto with 2.2 million followers.

In a recent tweet, he shared a screenshot from the new Netflix TV series called “Beef.”

DOGE founder likes new series on “cryptogambling”

This is an American dark comedy miniseries filmed by Korean director Lee Sung Jin with American actors of Korean origin.

One of the characters in the series, named Paul Cho and played by Young Mazino, makes money by gambling and investing in crypto – these are referred to as “cryptogambling” in the film’s Wiki description.

Billy Markus shared a screenshot of this character eating noodles and looking at a crypto chart on his smartphone. Markus called him “a proper degen” (short for “degenerate”). In crypto, it refers to a person who begins to take high-risk operations with crypto, whether it is trading or investment.

In one of the scenes in the first episode, Cho gets upset when he sees the price of the crypto he had invested heavily in plummet and almost throws up seeing it turn deep red.

But when asked, Markus says that he really liked the episodes he has seen so far.

Crypto community reaction to ‘Beef’ on Reddit

A crypto fan on Reddit believes that crypto volatility is greatly exaggerated in the first episode of the movie, when Bitcoin drops 90% within hours from the $20,000 level.

The Redditor says he understands this was done for dramatic effect, but he believes this could give crypto a bad name in the eyes of TV audiences and “swing a lot of public opinion about crypto.” He wrote:

“If they really wanted to show crypto ‘gambling’ they could have shown him losing all his money on any s*tcoin… but they chose BTC, the ‘blue chip’ crypto that doesn’t see such price action over a few hours.”

He believes that Netflix is ​​fiddling with crypto in the very first episode of the “Beef” film series.

In the comments, some Redditors agreed with him, saying the movie should have shown Netflix stock in this scene or asking if the movie was produced by Gary Gensler (SEC Chairman).

Others argued that showing events in this way is typical of movies, such as “stealing a car by rubbing two wires together.”