🚨 **Cardano Founder: Crypto Industry Has Moved Beyond Bitcoin (BTC)!** 🚨

Charles Hoskinson, founder of popular altcoin Cardano (ADA), has made bold statements about Bitcoin's relevance in the modern crypto industry:

**🔍 Key Points:**

- **Bitcoin Criticism**: Hoskinson likened Bitcoin to a religious symbol, suggesting it's no longer essential for the crypto industry's survival.

- **Adaptability Issues**: He criticized Bitcoin's lack of adaptability and over-reliance on the Proof-of-Work (PoW) algorithm.

- **Religious Devotion**: Hoskinson stated that Bitcoin supporters are unable to accept "objective reality" and view Bitcoin as a deflationary monetary policy symbol.

**🌀 Cardano's Edge:**

- **Proof-of-Stake (PoS)**: Unlike Bitcoin, Cardano operates on a PoS consensus algorithm.

- **Purpose-Driven**: Cardano aims to solve scalability and sustainability issues in the blockchain ecosystem.

**🗣️ Hoskinson's Remarks:**

- "The industry no longer needs Bitcoin to survive."

- He has also criticized US President Joe Biden's administration for efforts to undermine the crypto industry in the US.

**💰 Market Update:**

- **Cardano (ADA)**: Trading at $0.462 at the time of writing, with no significant changes in price today.

Stay informed on the latest crypto insights and market trends! 🚀

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