💬 #Cardano founder Charles Hoskinson equated bitcoin to a religion and said the industry has outgrown its dependence on it.
He pointed to the cryptocurrency's lack of adaptability and reliance on the Proof-of-Work algorithm as critical threats. He noted its deflationary nature, reputation, and having "its own purpose."
"But even tech giants like #Microsoft have had to adapt to the advent of innovations like laptops and cell phones to survive. #Bitcoin is a religion, not an ecosystem," he concluded.
