{"id":23034,"date":"2022-07-16T14:08:02","date_gmt":"2022-07-16T14:08:02","guid":{"rendered":"http:\/\/egrowonline.com\/?p=23034"},"modified":"2022-07-16T14:08:02","modified_gmt":"2022-07-16T14:08:02","slug":"charles-hoskinson-responds-to-michael-saylor-calling-ada-security-heres-what-he-says","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=23034","title":{"rendered":"Charles Hoskinson Responds to Michael Saylor Calling ADA Security, Here&#8217;s What He Says"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div><a target=\"_blank\" class=\"article__lead-img--wrapper\" href=\"https:\/\/u.today\/yuri-molchan\" rel=\"noopener\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"224\" height=\"140\" alt=\"article image\" src=\"https:\/\/u.today\/sites\/default\/files\/2019-11\/yuri-ava.jpg\" class=\"author__item-user-avata\" \/><br \/>\n<\/a><\/p>\n<div class=\"article__lead-info\"><a target=\"_blank\" class=\"article__lead-name\" href=\"https:\/\/u.today\/yuri-molchan\" rel=\"noopener\">Yuri Molchan<\/a><\/p>\n<p>Founder of Cardano has criticized MicroStrategy CEO for referring to ADA as a security and for being a toxic Bitcoin maximalist<\/p>\n<\/div>\n<\/div>\n<div>\n<div class=\"article__contents\">\n<p>Contents<\/p>\n<ul class=\"article__contents-list\">\n<li class=\"article__contents-item\"><a target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h20\" rel=\"noopener\">Hoskinson responds to Saylor\u2019s claims about ADA<\/a><\/li>\n<li class=\"article__contents-item\"><a target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h31\" rel=\"noopener\">\u201cMost useless people to engage with\u201d<\/a><\/li>\n<\/ul>\n<\/div>\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/www.youtube.com\/watch?v=_uztiQHqZJE\">In a recent AMA<\/a> (&#8220;Ask Me\u00a0Anything&#8221;\u00a0session) from Monglia, founder of Cardano and IOG <a target=\"_blank\" href=\"https:\/\/u.today\/charles-hoskinson-responds-to-question-about-his-claiming-to-be-satoshi-heres-what-he-says\" rel=\"noopener\">Charles Hoskinson<\/a> shared his thoughts on Michael Saylor calling Cardano a security recently.<\/p>\n<h2 id=\"h20\">Hoskinson responds to Saylor\u2019s claims about ADA<\/h2>\n<p>Hoskinson compared Michael Saylor to Tone Vayes in the current period the crypto market is living through. Vays, as the <a target=\"_blank\" href=\"https:\/\/u.today\/cardano-ada-surged-25-last-time-this-pattern-played-out\" rel=\"noopener\">Cardano<\/a> CEO reminded the community, used to be very popular and used to call everything, except Bitcoin, a scam.<\/p>\n<p>Now, Hosk stated, Michael Saylor has taken his place, saying that \u201cBitcoin is the way\u201d and everything else is a scam or a security.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/IOHK_Charles?ref_src=twsrc%5Etfw\">@IOHK_Charles<\/a> on <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/saylor?ref_src=twsrc%5Etfw\">@saylor<\/a> claiming <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&amp;ref_src=twsrc%5Etfw\">#Cardano<\/a> as a Security <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/t.co\/f5VnxxJPa3\">pic.twitter.com\/f5VnxxJPa3<\/a><\/p>\n<p>\u2014 $RealADAWhale (@RealADAWhale) <a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/RealADAWhale\/status\/1548216041729171456?ref_src=twsrc%5Etfw\">July 16, 2022<\/a><\/p><\/blockquote>\n<p>Cardano founder made a reminder that Cardano is far more decentrealized than Bitcoin, it has far more utility than BTC that is merely a store-of-value, according to Hoskinson, and he stated that people keep buying ADA not just to speculate but to spend ADA on various products and services offered by Cardano-based projects.<\/p>\n<div class=\"something middle_banner\">\n<div class=\"something__content something__content-square\" style=\"width:336px;height:280px\">\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/servedbyadbutler.com\/go2\/;ID=183269;size=336x280;setID=558953\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=183269;size=336x280;setID=558953;type=img;click=CLICK_MACRO_PLACEHOLDER\" width=\"336\" height=\"280\" \/><\/a><\/p>\n<p>Ads<\/p>\n<\/div>\n<\/div>\n<p>Still, <a target=\"_blank\" href=\"https:\/\/u.today\/michael-saylor-discloses-real-value-of-bitcoin-despite-record-inflation\" rel=\"noopener\">Michael Saylor<\/a> calls ADA a security, while, according to Hoskinson, the only real use-case for Bitcoin is to speculate and despite this, nobody calls BTC a security.<\/p>\n<p>Charles also warned that if Bitcoin does not work the way Saylor expects it to, he will go bankrupt.<\/p>\n<h2 id=\"h31\">\u201cMost useless people to engage with\u201d<\/h2>\n<p>Overall, Cardano founder admitted that he does not pay much attention to these claims of the MicroStrategy CEO and he does not think arguing with him about ADA would be a productive conversation.<\/p>\n<p>He also shared his view of Bitcoin maximalists, calling them \u201cthe most difficult, toxic and useless people to engage with\u201d.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/u.today\/charles-hoskinson-responds-to-michael-saylor-calling-ada-security-heres-what-he-says\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yuri Molchan Founder of Cardano has criticized MicroStrategy CEO for referring to ADA as a security and for being a toxic Bitcoin maximalist Contents Hoskinson responds to Saylor\u2019s claims about ADA \u201cMost useless people to engage with\u201d In a recent AMA (&#8220;Ask Me\u00a0Anything&#8221;\u00a0session) from Monglia, founder of Cardano and IOG Charles Hoskinson shared his thoughts [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[44],"tags":[340,1830,1298,164,1299,647,5470,1512,1349],"class_list":["post-23034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-ada","tag-calling","tag-charles","tag-heres","tag-hoskinson","tag-michael","tag-responds","tag-saylor","tag-security"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/07\/21742_0.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/23034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23034"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/23034\/revisions"}],"predecessor-version":[{"id":23036,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/23034\/revisions\/23036"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/23035"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23034"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}