Dear crypto community, sometimes Cardano reminds me of Linux, a reliable system "quietly" powering the world. 🐧🦋🍄
Linux is the open-source operative system that's used to run most of the world’s servers, stock exchanges, supercomputers, and even NASA operations. Institutions trust it because it’s stable and secure.
Linux didn’t grow through hype, it grew through trust and reliability. That’s why today it’s the backbone of the internet and used by almost every big company and government in the world.
Cardano follows the same path. It’s built on peer-reviewed research and designed for long-term reliability. The network has never gone offline, and its careful, scientific approach makes it a blockchain that institutions can truly trust.
This is probably why you see Cardano appear in the U.S. Federal Reserve, is included in ETFs, and has gained recognition from NASA, the Dubai Police, Google Cloud (through @MidnightNtwrk), Ford Motor Company (through @IagonOfficial), and many more.
That’s why I believe in Cardano.
Just like Linux became the foundation of the internet, Cardano is set to become the foundation of decentralized finance and identity. 🔥
It's come to my attention that apparently @Cointelegraph's editor in chief refuses to publish a retraction about the story they ran on the alleged ada voucher theft.
Apparently, they will run a story that we are "pressuring them". Telling people to tell the truth about what happened, isn't pressure, it's basic journalistic integrity, which @Cointelegraph lacks at its core.
As an industry, we need to do better and if you run a project in crypto, I'd recommend pulling your ads from cointelegraph, attending their events, and legitimizing them.
Accusing IOG of stealing 600 million dollars is defamation at the highest level. Giving a platform for it without even contacting us and not correcting the record once we have been fully exonerated is equally defamatory and reckless.
@IOHK_Charles Absolutely remember it! Also remember how you made a video showing how to fix Twitter to Jack Dorsey and later again to Elon. When will they call you?? Social media is garbage until Cardano fixes it.
@DefiantLs Impossible - a trans gender athlete can not be recognized for winning a gender (girls) specific race. The athlete needs compete in trans gender race to win anything.
Even @Grok agrees with me. We deserve to get all 39,542 Bitcoin back in-kind, plus $10 billion in damages at minimum for breach of contract and the lives that @tether destroyed.
You really have to ask yourself why aren’t @SimonDixonTwitt and @camcrews and all their minions this vociferous about @tether returning our 39,542 Bitcoin as they are/were about their lies in August of 2022 that @Mashinsky stole all of creditors’ money and the estate will run out of money in 90 days and will be unable to pay their bankruptcy lawyers, which led to @Mashinsky being sentenced to 12 year. A complete miscarriage of justice.
Now that the dust has settled, we can clearly see that the one that stole our money by breach of contract is @tether, stealing a whopping 39,542 Bitcoin by breach of contract and “fake” liquidating them and handing the 39,542 Bitcoin to an entity that @tether controls.
I’m not sure why every @CelsiusNetwork creditor is not outraged about this and screaming from the rooftops. This is the company @tether that caused all the damage to @CelsiusNetwork.
The reason why most people are not outraged is because then they’ll have to confront the reality that they sent a man to prison for 12 years that didn’t rob them of 39,542 Bitcoin and that @tether is the bad actor and perpetrator here. That’s why they’re all silent; they realized they’ve made a huge mistake by placing blame on the wrong person and now trying to settle with @tether quietly. The most time @Mashinsky deserves in prison is from zero to two years.
We creditors should rise up and demand that we get back every one of our 39,542 Bitcoin in-kind plus damages. I would recommend at minimum $10 billion in damages, because that’s the damage that @tether caused to the @CelsiusNetwork by their breach of contract.
@starsfanerik Please, cut the drama. The is not enough mass in the stick to cause serious harm on the foot protected by a skate boot. It’s all dramatics. Even the announcer is ridiculous. Would you be crying about what the Panthers’ Bennet did to the Leafs goalie Stollarz?
I want to thank the media organizations that did the right thing. Slander cascades for clicks have no place if cryptocurrencies want to go mainstream. Once the audit report is out, we'll offer unrestricted interviews to these organizations to discuss all the details in the report and the whole story, and they are free to ask any questions they like.
We will create an index on a new website with the names of journalists and organizations still lacking the courage to be ethical and retract their stories. They will be on a lifetime permanent blacklist for sponsorships, interviews, partnerships, and any future hiring from all entities I own and operate. If those journalists move to a new organization, then we will blacklist it until they are terminated.
Real economic consequences have to be established for those who propagate defamation for profit. As another reminder, no lawsuit has been filed against us, no voucher buyer has claimed fraud, no regulatory body has made a statement or allegation, and no one has been arrested. Multiple independent organizations and individuals have stepped forward who were directly connected to the sale and publicly stated that there was no fraud or theft.
The only evidence asserted has been screenshots of code related to a fork with no meaningful context, which has been publicly known since 2020 and has been disclosed in the Shelley specification documents. The person alleging we stole funds has no connection to any of the core entities, the sale, or any of the voucher buyers. He asserts (without evidence) that former employees of IOG are somehow feeding him confidential information about fraud as the primary source of his insider knowledge.
What is extraordinary about this claim is that many of the employees, former and current, directly related to the redemption process, like @DanielTetsuyama, have already made public statements refuting fraud and theft, as have organizations like Lightning Communications that were involved in the effort to track down buyers post-sweep.
As we have stated, an independent law firm (McDermott, Will, and Emery) and a major auditor (BDO) have already been retained to conduct an audit that will be made publicly available https://t.co/TOQxi1sH75.
Given these facts and independent public statements, it is unethical, damaging, and irresponsible for a media agency to publish stories and headlines asserting a credible major scandal is present. They cause real economic harm, violate journalistic standards, and establish a precedent that anyone can be accused and defamed by a complicit media without meaningful evidence. If this is the standard that organizations like @Cointelegraph want to embrace, we no longer consider them credible or legitimate and will encourage all of our partners to do the same.
Only when there are economic consequences for egregious behavior will this behavior stop.
I agree with Charles on the point that there’s no sense in dissecting this particular IO roadmap proposal into smaller pieces, and questioning their choice of what to include. It’s a take it or leave it kind of deal.
This is standard practice in value-based pricing. But only value-based buyers which tend to be the minority of buyers appreciate and understand what it means to sell value. Most buyers are price buyers, where lowest price and not maximizing value for a given investment is the number 1 deciding metric above all else.
This is one of the things Charles is afraid of and for good reason. Price-first is a terrible mindset for what we want, it’s a race to the bottom. The relevant question is not how much, but is it worth the expected return in value, and do people trust IO to be able to deliver it.
And of course is it within our budget, which let’s assume it is (we can afford to spend this much if we really want to).
On the other hand, it’s not ideal to give a single take it or leave it proposal, it robs people of agency beyond this or nothing. And given how dependent the ecosystem is still on IO it’s a lot of pressure and makes people feel uncomfortable.
What IOG could do is come up with 2 more proposals, with smaller/different scope and budget, but understanding that the expected value will also not be the same as this one. This would at least give us more than one option from IOG to choose from.
But IOG would need to come up with them, it’s not our place to dissect and question what they offer. But I don’t think it’s unreasonable to ask IO for one or two alternative proposals with smaller scope/ambition, but that they still consider worthwhile for them doing and for us having.
I think one of the biggest points of friction is that big successful companies tend to be value-oriented, while individual customers tend to be price- oriented, and statistically speaking it’s much more likely for any single Ada holder to be price-oriented.
This will continue to be a big issue unless this very important difference in mindset is resolved.
IOG will not offer a non-value based proposal, and honestly I wouldn’t either. This is not a commodity, or COGS (cost for goods served), but a deep expertise and technical task they’re willing to undertake.
There’s also an understanding that IO would absorb at a loss any unexpected additional expenses and risk. This is reflected in the price as a premium, to avoid having to add dozens of little additional invoices everytime something comes up or doesn’t go as expected.
More than price tag we should fear track record and competence the most. “Wasting” 200M by giving it to the wrong people and dealing with everything that may go wrong is a higher risk imo at this moment than “overpaying” a couple mil to IO.
@NotTheirScript@DOGE@USGSA@Interior And what exactly is triggering this preference? What frequency(s) of light? For what duration? What intensity? Can you trigger it multiple times a day? Is it different for different people/races/animals/plants? It’s actually not well understood pal.