Logo
Cardano Ecosystem

Elevenews

05/16/2021

·

1.9K views


Billionaire Mark Cuban Becomes Cardano-Curious, Says Dallas Mavericks Would Be Happy to Accept It

Billionaire Mark Cuban is taking a deeper dive into crypto with Cardano As Cardano keeps hitting new all-time highs, it has caught the attention of yet another billionaire: Mark Cuban. The Dallas Mavericks owner recently took to Twitter to question...

Billionaire Mark Cuban Becomes Cardano-Curious, Says Dallas Mavericks Would Be Happy to Accept It

Billionaire Mark Cuban is taking a deeper dive into crypto with Cardano

As Cardano keeps hitting new all-time highs, it has caught the attention of yet another billionaire: Mark Cuban.

The Dallas Mavericks owner recently took to Twitter to question the utility of the fourth-largest cryptocurrency, urging IOHK CEO Charles Hoskinson to pitch the project to him:

Where do you use ADA on a daily basis? How should or could I use it today? I can answer this for all the crypto I own.

Cuban has already dabbled in Bitcoin, Ethereum, and meme crypto Dogecoin, but this is the first time that he publicly mentions Cardano.

When asked about whether the Mavs would accept the cryptocurrency, the “Shark Tank” host tweeted that he would be “happy” to sell for ADA if payment processor BitPay were to add it.

“It’s not Doge. It’s not easy”

Hoskinson—who created Cardano after parting ways with Ethereum—recorded a video explainer for Cuban:

It’s a big ecosystem. It’s a complicated topic. It’s not Doge. It’s not easy. It’s not just one thing.

He claims that the ecosystem already comprises over a million people:

What can you do with your ADA today? You can issue assets, you can buy wine, you can stay in hotels (more than 50,000 locations). Billions of dollars worth of ADA are moving on a daily basis…Unlike Ethereum, you can vote with it…    

Much of the video was devoted to exposing the shortcomings of Ethereum. Hoskinson describes it as a “dying monopoly,” taking shots at its scalability issues.

The IOHK boss, of course, also extolled the importance of the company’s much-talked-about partnership with Ethiopia that he claims took over five years to negotiate.

News Source

AD

Proposals Catalyst F14 - Cast your vote, search "Otavio" in the Voting App.

If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Tip: To find them its easiest to search for "Otavio"Vote for Us


Read Original Article on Elevenews

ORIGINAL SOURCE

https://elevenews.com/2021/05/16/billion...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from Elevenews

See more
Solana vs Cardano: Which Ethereum Competitor Will Prevail? - ELEVENEWS
Elevenews
Solana vs Cardano: Which Ethereum Competitor Will Prevail? - ELEVENEWS

11/07/2023

·

761 views

Related News

See more
Voting for Us - Catalyst Fund 14

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)