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09/08/2024

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Cardano ($ADA) Founder Claims He’s the Sole Advocate Against the Healthcare Monopoly in America

Cardano Founder Charles Hoskinson Defends His New Healthcare Clinic Against Criticism, Emphasizes Its Independence from Monopolies and Highlights His Brother's Expertise as Chief Medical Officer. Read This Full Report

Cardano ($ADA) Founder Claims He’s the Sole Advocate Against the Healthcare Monopoly in America

Charles Hoskinson replied to a critic and explained why his limited expertise in the healthcare sector is still a significant benefit for humanity in America.

Charles Hoskinson is the founder of the Cardano (ADA) blockchain. After leaving the Ethereum blockchain project in 2013, he worked on a Proof-of-Stake (PoS) consensus-based programming language called Plutus to develop and launch the Cardano blockchain in 2017. In 2023, Hoskinson established a fully independent healthcare clinic named “Hoskinson Health and Wellness Clinic” in WY, USA. That clinic also accepts $ADA cryptocurrency as payment from patients, which is optional.

On 7 Sep 2024, Hoskinson announced the addition of a highly experienced doctor to his clinic.

A crypto X (formerly Twitter) user indirectly criticized Hoskinson for running a clinic despite having no expertise in this field.

I’m sorry …. But what qualifications do you have to run a clinic? Patient care is not a business venture.

— S (@sh27345) September 6, 2024

In response, Hoskinson explained that the current state of healthcare infrastructure for low-budget populations in the USA is inadequate and unaffordable. His clinic is independent of these monopolies and aims to help people.

Private equity groups and mega corporations took over most hospitals and large clinics in America. My clinic is one of the first physician family owned and operated multispecialty practices to be started at scale in decades in the United States

— Charles Hoskinson (@IOHK_Charles) September 7, 2024

In a follow-up tweet, Hoskinson mentioned that the clinic’s Chief Medical Officer is his brother, who is a board-certified internist and highly knowledgeable in the medical field.

Our chief medical officer is also my brother, who's a board certified internist and much smarter than me

— Charles Hoskinson (@IOHK_Charles) September 7, 2024

$ADA Price Action

The current trade price of $ADA coin, the native token of the Cardano blockchain network, is $0.33, which is 3.35% higher over the last 24 hours.

Cardano ($ADA) Founder Claims He's the Sole Advocate Against the Healthcare Monopoly in America 1

Read also: Top U.S. Crypto Exec Urges Venezuela to Follow El Salvador’s Footsteps and Adopt Bitcoin as Legal Currency

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