Cardano founder Charles Hoskinson recently exchanged barbs with Dogecoin co-founder Billy Markus on Twitter after the former complained about his video recently being deleted from the r/Dogecoin subreddit.
Hoskinson recently recorded a video that explains how Elon Musk’s Twitter might integrate the meme crypto in the form of a Cardano sidechain. Nevertheless, the community behind the meme does not seem to be quite appreciative of this idea.
After Hoskinson’s post was removed from the subreddit, Markus recalled how the Cardano founder slammed Dogecoin as a bubble in April 2021 when the Bitcoin parody was in the middle of a blistering rally. The Musk sycophant added that Doge would not use Cardano ‘for anything.’
Hoskinson defended his criticism of the meme crypto, insisting that the ownership of the crypto is skewed to only a few wallets. Also, he went on to accuse Dogecoin of a lack of decentralization after Markus categorically rejected the idea of using the Cardano blockchain.
Hoskinson insists that his recent video was an olive branch. At the same time, he is highly convinced that the meme coin requires ‘innovation’ and ‘utility’ since it might collapse without another billionaire patron.
As reported previously, Hoskinson recently said that he was not going to retire despite facing serious criticism within the crypto community. For now, the price of Dogecoin keeps dropping as Musk’s Twitter is slowly shaping up to be a disaster.
