After “Solana” overtakes “Cardano” … the founder of “Cardano” comments about it and speculates about prices
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Answer After “Solana” overtakes “Cardano” … the founder of “Cardano” comments about it and speculates about prices
Initially Charles Hoskinson, CEO of Input Output, appeared unconcerned about Solana bypassing Cardano.
During a recent YouTube livestream, a user called Hoskinson and asked him about the fickle madness going on, wondering if it was real people or bots who pay the price or what?
Oh no! Someone criticizes us about the price…I think some of these are actually bots.
They can’t be real people…or maybe they’re just crazy people.
Solana turned on Cardano for the first time in early November.Read:What are the reasons for stopping the minting of new “USDT” coins on Ethereum since May 2021?
According to CoinMarketCap data, the two Ethereum killers are still close, with Solana currently stealing the show from Cardano.
Everyone will become a millionaire:
He told Hoskinson that there was something wrong with the concept of value, pointing to the exorbitant prices of some non-fungible NFT tokens.
What about the ADA price? How about the price of this? Why do you care? The full definition of the value of things is subject to change and can be controlled…
Hoskinson’s statement came in support of the opinion of Jack Dorsey, CEO of Twitter, who believes that the world is approaching hyperinflation, and that everyone will become a millionaire soon enough, adding that the raw accumulation of money does not give any meaning or purpose in life, Whereas, Dorsey’s statement earlier was as follows:
The closer we get to hyperinflation, which used to be in the millions, then it was in the billions, and now it’s in the trillions.
All of you will be a millionaire soon.
Mathematician Hoskinson noted the devaluation of paper currencies in countries such as Zimbabwe and Venezuela.Read:Terrorists are turning away from cryptocurrency after failed attempts to fund it
The Cardano founder says you can never win if you define success by price or other emotional metrics like social cues. He added:
They keep forgetting that the slowest, least developed and premier cryptocurrency, Bitcoin, is still the largest and most prominent.
The crypto mogul adds that he does not pay much attention to criticism because he is convinced that the best days of the Cardano ecosystem are yet to come.
He also encourages his followers to think for themselves and take a look at the progress the Cardano project has made so far.
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