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Crypto News Flash (EN)

03/24/2021

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Backstreet Boy Nick Carter praises Cardano over Bitcoin

Backstreet Boys Nick Carter has expressed his support for Cardano over Bitcoin due to alleged negative environmental impacts. Charles Hoskinson has closed his charity NFT auction on Valuables.  Backstreet Boys band member Nick Carter has made his entry into...

Backstreet Boy Nick Carter praises Cardano over Bitcoin

Cardano

Source: AlekseyIvanov - Shutterstock

  • Backstreet Boys Nick Carter has expressed his support for Cardano over Bitcoin due to alleged negative environmental impacts.
  • Charles Hoskinson has closed his charity NFT auction on Valuables. 

Backstreet Boys band member Nick Carter has made his entry into the crypto space. Via his Twitter account, Carter has expressed his interest in Cardano‘s ecosystem and its native token, ADA over Bitcoin. The singer believes that the first cryptocurrency by market cap is harmful to the environment. Interactions from the crypto community were swift. Carter said:

Move over Bitcoin it’s Cardano turn now. It’s cleaner and better for the world when it comes to producing. #carbonfpotprint #Cardano #ada #cleanenergy #cryptocurrency

Move aside Bitcoin?

With more than 1,000 retweets and 800 comments, Carter’s tweet caused a large discussion. Meanwhile, Cardano’s developer Input Output Hong Kong welcomed the singer to the “Cardano Family.”

Welcome to the #Cardano family, Nick ❤️ https://t.co/1ZCa6fcztR

— Input Output (@InputOutputHK) March 23, 2021

Cardano’s inventor and Input/Output Global CEO Charles Hoskinson also welcomed Carter by quoting a song by rival band N’Sync as a joke. The singer responded with the title of a Backstreet Boys hits, “I want it that way.”

Someone said bye bye bye to bitcoin….come on how often do I get to say that? https://t.co/sFHhWDyGcr

— Charles Hoskinson (@IOHK_Charles) March 23, 2021

Other community members were less “friendly,” but most made some interesting observations to the singer. Community member Derek Ross pointed out the differences between Bitcoin and Cardano. Calling BTC an asset and Cardano a platform for building decentralized applications, he asserted that the community can “have both.” Carter responded:

I’ll give you that. I believe they are all good in their own way and can coexist.

Hoskinson recently joined the Non-Fungible Token (NFT) craze by offering one of his tweets on the NFT marketplace Valuables. In the post, the mathematician insults a user who accuses him of giving “more talk and promises.” At the moment, the highest bid for the tweet is $7,000.

Closing the Auction and Donation https://t.co/35xdFReFoR

— Charles Hoskinson (@IOHK_Charles) March 23, 2021

Currently, Cardano is preparing for his third hard fork combinator event “Alonzo” in July this year. With that, Cardano’s mainnet will integrate Plutus, its smart contract platform. The potential that some investors have seen in Cardano’s future DeFi sector has caused ADA’s price to post big gains in recent months.

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