Debate in the crypto world: Charles Hoskinson responds to BitBoy Crypto's criticism of ADA

Charles Hoskinson, the founder of Cardano, recently responded to crypto influencer BitBoy Crypto’s claim that Cardano’s ADA token is “dead.”

On July 3, Ben Armstrong, known online as BitBoy Crypto, took to Twitter (recently rebranded as Armstrong stated that both ADA and DOT are “dead to institutions,” which he believes will ultimately lead to their demise as legitimate investments.

He wanted to make his point clear: “I want to be clear. Recently, I said that DOT and ADA are dead for institutions. Which will ultimately lead to their death as legitimate investments.”

However, Armstrong clarified that his statement does not mean that the currencies will completely collapse and predicted that they could still offer returns to investors in this bullish cycle.

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