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Cardano Ecosystem

Finbold

02/22/2024

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Shots fired: Arthur Hayes slams Cardano as ‘dogsh*t’ and ‘wannabe Ethereum’

As the cryptocurrency sector evolves, the animosities between its major participants are sometimes inevitable, and more recently, they have erupted between the founder of crypto exchange BitMEX, Arthur Hayes,...

Shots fired: Arthur Hayes slams Cardano as ‘dogsh*t’ and ‘wannabe Ethereum’

As the cryptocurrency sector evolves, the animosities between its major participants are sometimes inevitable, and more recently, they have erupted between the founder of crypto exchange BitMEX, Arthur Hayes, and the founder of blockchain Cardano (ADA), Charles Hoskinson.

Specifically, Hayes expressed some exceptionally harsh criticism of the crypto network, referring to Cardano as “dog sh*t” and calling out Hoskinson to “educate” him on the usability of the platform for building popular decentralized apps (dApps) in an X post on February 21. 

For all you $ADA believers, what dAPP on this list originally launched on Cardano, or has a Cardano offering that is heavily used? From my very limited knowledge, looks like none of them do. That's why $ADA is dog shit. @IOHK_Charles pls educate me.

Yachtzee 😚😚😚😚😘😚😘 pic.twitter.com/riQORI6Ipy

— Arthur Hayes (@CryptoHayes) February 21, 2024

Hayes vs. Hoskinson

Earlier, Hayes gave an interview to Coin Bureau, in which he also had some scathing words for Cardano, calling it a “wannabe Ethereum” and “probably the first one to go to be irrelevant,” wondering “who gives a f*ck” about it and prompting a response from Hoskinson himself.

Picked for you

Replying to Cardano pioneer, Hayes once again attacked the crypto asset, calling it a “piece of sh*t” and advising him to “buy some ETH and chill,” to which Hoskinson invited him to explain what it was exactly that he did not like about it, but BitMEX founder has remained silent so far.

So what don't you like about it?

— Charles Hoskinson (@IOHK_Charles) February 20, 2024

As a reminder, this isn’t the first time that Hoskinson had to fight off attacks against Cardano, with one of the recent such instances involving Bitcoin (BTC) maximalist and advisor to the president of El Salvador Max Keiser, and Hoskinson’s response that made some light-hearted fun of Keiser.

Meanwhile, Cardano’s native token was at press time changing hands at the price of $0.607, recording an increase of 3.35% in the last 24 hours, advancing 5.41% across the previous seven days, and gaining 30.04% on its monthly chart, according to the most recent data retrieved by Finbold on February 22.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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