Cardano founder Charles Hoskinson has once again reignited the Bitcoin-Cardano debate.
In his statement months ago, Hoskinson made negative statements about Bitcoin and claimed that the industry did not actually need BTC.
While these statements received a huge backlash at the time, a user recently asked whether their opinions about Bitcoin were the same.
After Hoskinson said his views on BTC had not changed, Bitcoin supporters reacted, including one of Bitcoin’s biggest advocates, Tuur Demeester.
He cited the poor performance of the ADA price in response to Tuur Demeester Hoskinson’s rhetoric about BTC.
Pointing out that the Cardano (ADA) price reacted negatively every time Charles Hoskinson said something negative about Bitcoin, Demeester said that Cardano's dominance has decreased significantly over the last three years.
” Classic case. Cardano has fallen from 10% of Bitcoin's market cap to a paltry 1% in just 3 years. “
In recent weeks, Cardano has dropped out of the top 10 on CoinMarketCap.
*This is not investment advice.
