Allow me to explain two things about Charles Hoskinson, and why crypto media is the biggest garbage on the market 👇
In the last 24 hours, all the biggest #crypto media outlets and influencers have been pushing the same coordinated story. That story says: Charles Hoskinson is stepping away, $ADA is collapsing, and Charles said that many projects on Cardano will soon announce that they are shutting down.
Read that twice.
Now let’s continue.
They are all repeating this, but they do not want to mention the following two key facts.
1️⃣ In a live stream a few days ago, @IOHK_Charles said this is a difficult time in the market, and that many who failed to build business models and sustainable projects will stop operating. That is what he said.
But this is not only about #Cardano. This applies to any project, and even to the coffee shop in your town. If you have no customers, if you are not selling coffee, you close the doors, my friend. But that does not mean the whole industry is in trouble. It means you did not know how to run your coffee shop, you had no marketing, and you failed.
And that is exactly what Charles said about many projects.
It does not mean that all projects on Cardano, or on any other blockchain, will fail. It means that the projects incapable of developing a real business model will fail. That is not Cardano’s problem. That is the problem of incapable leaders who did not know how to monetize their work.
2️⃣ Second thing:
“Charles is leaving!”
Tears almost come to my eyes when I see every garbage outlet write this while intentionally hiding the fact that Charles only said he needs a little break, but from X, from the trash that lives here, from the biggest human vampires, from the worst people with broken lives and broken minds hiding behind keyboards.
That is what he said.
He needs a break from the worst among us.
He is not leaving Cardano.
He is not leaving Midnight.
He just needs a break from the garbage around us on X.
He has hundreds of employees on long-term contracts. They are working, building, developing every single day, while some people on X only spread hate, FUD, and bitterness.
And if he said he is going to take a short break, that means he is taking a break from the crap here. It does not mean he is waking up tomorrow morning, shutting down the company, and firing hundreds of people.
Let’s continue.
The biggest crypto influencers, the same ones who kissed his ass for an interview, begged him, messaged him, asked for money for sponsorships, are now reporting that Charles is leaving.
They are twisting his words, faking the truth, and distorting the narrative.
The same media outlets that today say Cardano projects are dying will not tell you that they, as media outlets, were taking 2% or 3% of a project’s max token supply just to talk about them. They would create hype, dump everything, and take the profit. And today they say Cardano projects are failing, but they will not tell you that they also had a gun in their hands, and they were shooting at those same projects.
Shame on all of you.
The biggest media outlets, the biggest scams around us, the big KOLs, the X accounts, the media houses, all of you are just common garbage, ready to beat a dead man on the floor for 100 extra clicks.
Cardano will survive.
Charles will be fine.
We will all be fine.
We will succeed.
And you will never be able to look your own children in the eyes. One day, tell them you sold yourselves for 100 extra views. 🤮
Copy from @dankarda
Charles gets too much hate. Cardano isn’t perfect but it’s a hell of a lot better than most other chains.
If you think Cardano is bad, look around. Outside a few niche areas the entire industry is wrecked.
BTC only pumped thanks to a madman leveraging his entire company to buy it. ETH didn’t break its previous ATH (even with multiple DATs buying it). SOL barely did. Could ADA have done better? Yes, but it could also have done worse.
Crypto has not had a great time recently. Scams, hacks, tech failures, security vulnerabilities, AI threats, and the looming quantum problem. Even true believers are beginning to question the future of the industry.
But blockchain’s potential to transform the world’s systems hasn’t gone away. If anything, it’s more needed than ever.
“Build fast and break things”. The Silicon Valley mindset has permeated the industry’s thinking. Blockchain is just a technology, right? But the result has been hacks to the tune of billions of dollars, chains that go down for hours at a time, and the centralisation of power.
What is the point of crypto if we’re just building a faster casino, or a playground for VCs to max extract from retail? Blockchain was supposed to be about changing the economic, social, and political systems of the world. It’s no wonder crypto is down bad. People no longer believe in its potential.
Cardano is one of the few projects that has stayed true to the original mission. It has been a slow process, but the result is a chain that is battled-tested. It is hard to find examples of other chains with comparable levels of security, reliability, and decentralisation.
Most other crypto projects would kill to be in our position. Not only do we have one of the most advanced chains, we also have an extremely passionate and engaged community. People who are dedicated to seeing Cardano succeed.
Charles is one of those people. The reality is Cardano wouldn’t exist without his efforts, and his vision and passion to make something great.
So they didn't come in illegally but "became" illegally here. Just like the people that have green cards that probably not go back to their countries to reapply when its time under the new laws. Yep. Illegal.
@FloraLuzz_ Yes but the vast majority of those you call illegals are here because of our broken asylum/immigration laws and were released into the country under that catch and release bullshit so they are not here illegally
I'm getting exhausted with everyone using "free speech" every time they lie or say something offensive to people. Just put a mandatory AI marker on everything that's made with AI.
It’s time to start banning accounts that push fake news on both sides. Ai has made it like a crazy town with fake pictures and quotes that catch fire and each side push. We aren’t far from nobody believing anything posted online because it’s all going to be fake and if it’s real, it will be questioned because of things like this.
Something didn’t sit right with me about the answers I received from the Muslim-only waterpark event organizer, so we did some digging into her LLC.
Immediately after our interview, she nuked website.
Unfortunately for her, we already took screenshots.
All very curious. 🤔
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@BonillaJL POS! He doubled down on his crass comment and even applauded himself and patted himself on the back. Some people can’t read the room Jimmy Kimmel can’t read the nation. I am sure the vast majority of people were disgusted by him.