During his recent YouTube livestream, Input Output CEO Charles Hoskinson shared no concerns about Solana overtaking Cardano.
Charles Hoskinson is the founder of Cardano and co-founder of Ethereum
As Solana flips Cardano, Charles Hoskinson addresses price speculation
Hoskinson called a user who asked him about the madness, questioning whether it was a real person or a bot. “Oh no! Somebody’s criticizing us on price…I think some of these are bots. They can’t be real people…Or maybe they’re just crazy people”, he stated.
Not long ago, Solana (SOL) debunked Cardano (ADA) for the first time in early November. According to CoinMarketCap data, the two Ethereum killers are still monstrous, of which Solana has surpassed them all.
Source: CoinMarketCap
The Cardano founder checks the ADA price in a daily market report. Hoskinson claims that there is something wrong with the concept of value, pointing out the exorbitant prices of several NFT. “What about the price of ADA? What about the price of this? Why do you care? The whole definition of the value of things is up for grabs…” he added.
He argues that you can never win if you determine success by price or other vanity metrics like social signals.
“They continue to forget that the slowest, least advanced, and the first cryptocurrency, Bitcoin, is still the largest and most prominent,” he added.
Hoskinson added that he doesn’t pay much attention to the criticism because he believes the best days of the Cardano ecosystem are yet to come. He also encourages his followers to think for themselves and look back on the progress Cardano has made.
Read more:
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