The Cardano founder expressed this concern in a recent viral interview, emphasizing that he does not see Bitcoin surviving without the industry. Hoskinson’s statement was in response to some Bitcoin proponents who believe the asset has grown to the point that its survival does not rely on the broader crypto ecosystem. Although Hoskinson acknowledged Bitcoin’s reputation as digital gold, he asserted that the asset is essentially a token with a deflationary monetary policy at the end of the day. He contended that Bitcoin could potentially be replaced by another digital asset offering comparable or superior security at any moment. Hoskinson reflected on the seven-year effort made by Cardano’s research and development arm to design a secure proof-of-stake (PoS) protocol.
LIVE
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,887.00
▲ +0.80%
ETH
$1,912.63
▲ +0.60%
USDT
$0.999496
▲ +0.00%
BNB
$591.36
▼ -0.20%
USDC
$0.999693
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.84
▲ +1.60%
TRX
$0.327653
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.13
▼ -3.00%
DOGE
$0.069918
▲ +0.90%
USDS
$0.999865
▲ +0.00%
RAIN
$0.012716
▲ +1.40%
LEO
$9.72
▼ -0.30%
ZEC
$506.63
▲ +0.20%
ADA
$0.200601
▲ +0.20%
XMR
$380.63
▲ +3.30%
WBT
$56.12
▲ +0.80%
LINK
$8.18
▼ -0.50%
XLM
$0.161805
▼ -0.50%
DAI
$0.999864
▲ +0.00%
BCH
$215.88
▲ +1.20%
USD1
$0.999895
▲ +0.00%
USDE
$0.999725
▲ +0.00%
GRAM
$1.35
▼ -0.70%
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,887.00
▲ +0.80%
ETH
$1,912.63
▲ +0.60%
USDT
$0.999496
▲ +0.00%
BNB
$591.36
▼ -0.20%
USDC
$0.999693
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.84
▲ +1.60%
TRX
$0.327653
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.13
▼ -3.00%
DOGE
$0.069918
▲ +0.90%
USDS
$0.999865
▲ +0.00%
RAIN
$0.012716
▲ +1.40%
LEO
$9.72
▼ -0.30%
ZEC
$506.63
▲ +0.20%
ADA
$0.200601
▲ +0.20%
XMR
$380.63
▲ +3.30%
WBT
$56.12
▲ +0.80%
LINK
$8.18
▼ -0.50%
XLM
$0.161805
▼ -0.50%
DAI
$0.999864
▲ +0.00%
BCH
$215.88
▲ +1.20%
USD1
$0.999895
▲ +0.00%
USDE
$0.999725
▲ +0.00%
GRAM
$1.35
▼ -0.70%
BTC
$64,887.00
▲ +0.80%
ETH
$1,912.63
▲ +0.60%
USDT
$0.999496
▲ +0.00%
BNB
$591.36
▼ -0.20%
USDC
$0.999693
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.84
▲ +1.60%
TRX
$0.327653
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.13
▼ -3.00%
DOGE
$0.069918
▲ +0.90%
USDS
$0.999865
▲ +0.00%
RAIN
$0.012716
▲ +1.40%
LEO
$9.72
▼ -0.30%
ZEC
$506.63
▲ +0.20%
ADA
$0.200601
▲ +0.20%
XMR
$380.63
▲ +3.30%
WBT
$56.12
▲ +0.80%
LINK
$8.18
▼ -0.50%
XLM
$0.161805
▼ -0.50%
DAI
$0.999864
▲ +0.00%
BCH
$215.88
▲ +1.20%
USD1
$0.999895
▲ +0.00%
USDE
$0.999725
▲ +0.00%
GRAM
$1.35
▼ -0.70%
Mkt Cap $2.29T
BTC Dom 56.78 %
BTC
$64,887.00
▲ +0.80%
ETH
$1,912.63
▲ +0.60%
USDT
$0.999496
▲ +0.00%
BNB
$591.36
▼ -0.20%
USDC
$0.999693
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.84
▲ +1.60%
TRX
$0.327653
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.13
▼ -3.00%
DOGE
$0.069918
▲ +0.90%
USDS
$0.999865
▲ +0.00%
RAIN
$0.012716
▲ +1.40%
LEO
$9.72
▼ -0.30%
ZEC
$506.63
▲ +0.20%
ADA
$0.200601
▲ +0.20%
XMR
$380.63
▲ +3.30%
WBT
$56.12
▲ +0.80%
LINK
$8.18
▼ -0.50%
XLM
$0.161805
▼ -0.50%
DAI
$0.999864
▲ +0.00%
BCH
$215.88
▲ +1.20%
USD1
$0.999895
▲ +0.00%
USDE
$0.999725
▲ +0.00%
GRAM
$1.35
▼ -0.70%
