In his message, Hoskinson recalled the true purpose of cryptocurrencies, but also drew attention to what he believes is a disturbing trend in the industry.
It's the prevalence of what he called kayfabe - staging and narratives that distort reality.
In a live stream earlier this month, the #Cardano founder revealed that some participants in the crypto space are actively creating clickbait and promoting individual projects while pretending that these activities reflect the reality of the industry.
Hoskinson cited the recent exclusion of entrepreneurs from the Cardano ecosystem as an example. According to him, the purpose of such actions is to create momentum for certain people and projects. He called such events keifs, that is, staged and fundamentally disconnected from reality.
The Cardano founder believes that some people organize such events to intentionally cause unrest in the Cardano community and put unsuspecting users into a state of fear, uncertainty and doubt (FUD).
Well, @BenArmstrongsX has always been personally friendly. Sad to see him go down this path.
The problem with our industry is that we let short-term stories and carnival crap dominate the conversation, and AI has the same problem, Hoskinson said.
Hoskinson assured the Cardano community that he is committed to creating a transparent and inclusive social space where people can learn about the network based on their interests and curiosity.
He emphasized that the Cardano ecosystem goes far beyond the competitive narratives and staged events that sometimes cloud the debate in the crypto industry. This statement is in line with Hoskinson's predictions for Cardano's growth.
Instead, Hoskinson focuses on Cardano's growth fundamentals based on #decentralization , security, and transparency. In terms of security, one can recall how the United Arab Emirates (UAE) adopted the Cardano #blockchain to secure criminal investigations conducted by the Dubai Police.
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