U.Today – An interview was recently released in which (ADA) founder Charles Hoskinson stated that blockchain is not self-sufficient because it needs the cryptocurrency industry and exchanges to survive, but the industry no longer needs Bitcoin.
Hoskinson did the interview in early December of last year, but it was mentioned in September of this year when one of the crypto entrepreneur’s followers asked if he still felt that way about Bitcoin. Spoiler: he did.
It is good to have assets such as digital gold, but at any moment other assets may appear that have the potential to replace this precious metal and will be based on better scientific research, Hoskinson argued at the time.
He called Bitcoin a religion, not an ecosystem, and said the first cryptocurrency should grow, adapt and shape to survive in the long term.
True or false?
Despite being an aged interview, its recent appearance has sparked a huge reaction among crypto enthusiasts, but there is a twist. So, despite Hoskinson’s predictions of Bitcoin’s ponderous death, the community has begun to massively criticize Cardano, once again calling it a ghost chain and defending BTC’s decentralized nature.
Interestingly, Hoskinson’s interview appeared on the timeline just as Cardano underwent its largest tough fork to date, with the overall goal of making it completely decentralized.
The Chang event, which is actually a commemoration of renowned Cardano developer Phil Inje Chang, successfully launched yesterday at 21:45 UTC. As Cardano said, the Chang tough fork will completely decentralize the network, with the ADA community and stakers taking over governance.