A Dogecoin co-creator called Elon Musk a 'self-absorbed grifter' in a now-deleted tweet after Tesla said it would stop accepting payment in bitcoin (TSLA, DOGE)

Elon MuskWin McNamee/Getty Images

Summary List Placement

A co-creator of Dogecoin called Elon Musk a "self-absorbed grifter" in a tweet that has since been deleted after the Tesla CEO stopped allowing customers to pay for vehicles in Bitcoin.

According to multiple Twitter users who captured screenshots of the tweets and shared them on the social media platform, Jackson Palmer said "Reminder: Elon Musk is and always will be a self-absorbed grifter." He also warned in a follow-up tweet that he would be "removing this in 1 min as that's all I have to say and I enjoy the quiet life."

In a third tweet, he also said "ps. SNL episode was cringe, bro," referring to Musk's appearance on Saturday Night Live last weekend.

The blog Zero Hedge also reported on the posts. Tesla did not immediately respond to Insider's request for comment.

Palmer, who created the digital Dogecoin currency in 2013 with fellow software engineer Billy Markus as a joke, says he has not been involved with the Dogecoin project or the cryptocurrency market "in many years," according to his website. His late Thursday night posts surprised users who rarely hear from the self-described "product & data geek based in San Francisco."

Tweet Embed:
The co-creator of Dogecoin, Jackson Palmer, steps out of shadows to tweet & delete:
Tweet1: "Elon Musk is and always will be a self-absorbed grifter"
Tweet2: "Removing this in 1 min as that's all I have to say and I enjoy the quite life"
Tweet3: "ps. SNL episode was cringe, bro" https://t.co/StkV8u1JyNTweet Embed:
Jackson Palmer, hidden for years,

steps out from the shadows

executes a headshot with brutal precision

and fades back in ­čÖî pic.twitter.com/JWJErWmPeVTweet Embed:
Dogecoin kurucusu itin g├Ât├╝ne sokmu┼č Elon'u pic.twitter.com/VRyJNhpiuITweet Embed:
Neden $DOGE coin alm─▒yorum, i┼čte cevab─▒ burada. Evet arkaplan─▒nda hi├žbir ┼čey olmayan ┼čeylerden bile para kazanabilirsiniz ama ben tercih etmiyorum.

A┼ča─č─▒daki g├Ârsel $DOGE'nin kurucusuna ait. Elon Musk'a doland─▒r─▒c─▒ diyor. Kendisinin elinde hi├ž doge yok bildi─čim kadar─▒yla. pic.twitter.com/5G5NgvkurF

Palmer's tweets come after the Tesla CEO announced the company was halting payments via bitcoin for its vehicles. The suspension was due to the negative environmental impact of mining cryptocurrency, which requires increased use of fossil fuels. 

"Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the environment," the company said via a tweet posted by Musk. He also said the trending energy usage of Bitcoin over the past few months is "insane."

After Musk made the comments, bitcoin plummeted as much as 15%.

Read more: How Elon Musk's tweets created a new economy

Palmer's tweets also follow Musk's appearance hosting SNL, during which he called Dogecoin the "future of currency" and predicted that it will "take over the world," as Insider's Allan Akhtar reported.

Musk has long publicly voiced his support for cryptocurrency, including supporting investing in Dogecoin. Tesla also reported buying $1.5 billion worth of bitcoin in February, per CNBC, when it said it planned to start accepting the currency as payment.

On Thursday evening, Musk tweeted that he was working with Dogecoin developers to "improve system transaction efficiency. Potentially promising."

Musk's net worth has dropped by $25 billion after the events of this week.

NOW WATCH: We tested a machine that brews beer at the push of a button

See Also:

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.