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Dec 12, 2023

Cardano Founder Asserts Crypto Independence from Bitcoin

Charles Hoskinson acknowledges Bitcoin's role in establishing the industry as a digital gold.

Bitcoin's Historical Significance

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Hoskinson argues that the crypto industry no longer needs Bitcoin for survival.

Dispensability of Bitcoin

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Drawing parallels with past tech shifts, he warns Bitcoin to adapt or face a fate similar to outdated technologies.

Industry Evolution

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Hoskinson notes Bitcoin's reliance on the industry and infrastructure, contrasting it with Cardano's efforts in fostering innovation.

Bitcoin's Dependency

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He challenges the Bitcoin community to embrace innovation and stay competitive with evolving blockchain platforms.

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Challenge to Bitcoin Ecosystem

Hoskinson highlights Cardano's initiatives, including non-interactive PoW and protocols, as steps toward introducing alternatives in the digital currency space.

Cardano's Innovation

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While Bitcoin struggles to reach a new all-time high, Cardano's founder reflects on the need for adaptation in the ever-changing crypto landscape.

Bitcoin's Market Status

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