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Cardano Ecosystem

Coinnewsspan

12/18/2023

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Charles Hoskinson goes all out against the Bitcoin Beach Project

Charles Hoskinson, the founder of Cardano, did not hesitate to call out the Bitcoin Beach Project when he unnecessarily came under their rant. El Salvador’s Beach Project published a post on X, formerly...

Charles Hoskinson goes all out against the Bitcoin Beach Project
Charles Hoskinson goes all out against the Bitcoin Beach Project

Charles Hoskinson, the founder of Cardano, did not hesitate to call out the Bitcoin Beach Project when he unnecessarily came under their rant. El Salvador’s Beach Project published a post on X, formerly Twitter, calling Hoskinson a shitcoiner, citing his promise of easy money dressed up as innovation.

Charles used his sarcasm to open a dialogue in response to that hate. He replied with a response: How dare you shitcoin on Bitcoin?

The Beach Project went a step further by asking if anyone believed in the future of Cardano. Bitcoin Beach did not really stop there. The project engaged in an extended series of teases when a user said that Algoran is widely used in El Salvador. While clarification of the same is debatable, the Beach Project left every formality behind and responded more unprofessionally.

The community continued to defend the honor of Cardano, and so did Charles. One community member even said that the Beach Project was acting rough only because it could not handle Cardano thriving in the same environment.

Having said that, the damage could be more on Cardano since the ADA has reported a fall of 7.37% in the last 24 hours. The token is trading at $0.5575 at the time of articulating this piece. However, it significantly rose 55.07% in the last 30 days.

Charles has received support for this response. People have said the same statement: that Cardano is indeed thriving, and some people simply cannot stop acting rough because of that. Many members have also asked Charles to maintain patience, saying that Max Keiser does not represent true Bitcoiners.

A neutral perspective believes such a fight does not prompt inclusiveness and interoperability. Thereby, harming the sphere and its adoption.

Charles Hoskinson has emerged as one of the most controversial figures in Web3. He recently argued with the XRP community after he spoke against the theory that the SEC had given Ethereum a free pass to go after XRP.

XRP is currently down by 5.03%, trading at $0.5887. That said, Bitcoin is below $42,000 and a bit closer to the $38k mark. BTC is exchanging hands at $41,028.38, with a fall of 2.08% in the last 24 hours.

Bitcoin Beach triggered the fight; Charles Hoskinson from Cardano responded, and now it is up to the community and both original parties to either sort it out or keep up with the entertaining content on the internet.

Photo of Jason Palmer

Jason Palmer joined CoinNewsSpan as an editor and analyst. He has over five years of experience as a forex analyst. He holds a master's degree in business administration with specialization in finance. He is actively involved in analyzing the prevalent crypto trends. He has a keen interest in commodities and forex trading.

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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.


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