Cardano (ADA) Cofounder Charles Hoskinson Dismisses Claims That the Project Is Dead

Cardano (ADA) cofounder Charles Hoskinson has recently found himself in a heated exchange with crypto analysts. This started off when crypto analyst Ben Armstrong claimed that Cardano was dead.

Cardano [ADA] cofounder takes a dig at crypto analyst over ‘dead’ ADA remarks

Cardano [ADA] cofounder Charles Hoskinson recently found himself in a heated exchange with crypto analysts. This started off when crypto analyst Ben Armstrong claimed that Cardano was dead.

In a recent development, crypto analyst Ben Armstrong has claimed that ADA is “dead” for real, adding that this time things are different, and investors should not watch their investments get a hit. He further went on to share his thoughts on the matter.

“Recently I said $DOT & $ADA are both dead to institutions. Which ultimately will lead to their death as legitimate investments. This DOES NOT mean they won’t pump and offer returns to investors in this bull run. They will. Returns will just be mid.”

This statement has garnered attention from several parties, with some sharing contrasting opinions and others criticizing his analysis of ADA’s prospects.

While responding to Ben, Dave, another crypto analyst, stated that,

“This is just your opinion, though, which I doubt has any merit now. I don’t see you presenting any technical facts as to why you think this. What’s crazy is your opinion that institutions do not care about 6.9 years of uptime.”

Apart from other analysts, one notable individual who criticized these remarks was Charles Hoskinson, Cardano’s cofounder. On his official X page, Hoskinson claimed that Armstrong’s stand was flawed and against crypto fundamentals.

“I remember when the point of cryptocurrencies was to replace institutions instead of acting out a scene from deliverance. I guess I got to learn the banjo to make Ben happy.”

Ultimately, most investors and ADA holders agreed that crypto has not been created to beg for institutional investment. Crypto aims to decentralize the financial markets, and it belongs to the people. KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA KANA Kanakanakananakanakanakanakanakanakanakanakanakanakanakanakanakanakanakanakanakanakana Kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana kana

The above is the detailed content of Cardano (ADA) Cofounder Charles Hoskinson Dismisses Claims That the Project Is Dead. For more information, please follow other related articles on the PHP Chinese website!