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Dec 12, 2023
Charles Hoskinson acknowledges Bitcoin's role in establishing the industry as a digital gold.
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Hoskinson argues that the crypto industry no longer needs Bitcoin for survival.
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Drawing parallels with past tech shifts, he warns Bitcoin to adapt or face a fate similar to outdated technologies.
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Hoskinson notes Bitcoin's reliance on the industry and infrastructure, contrasting it with Cardano's efforts in fostering innovation.
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He challenges the Bitcoin community to embrace innovation and stay competitive with evolving blockchain platforms.
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Hoskinson highlights Cardano's initiatives, including non-interactive PoW and protocols, as steps toward introducing alternatives in the digital currency space.
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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.
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