"Charles Hoskinson accused the XRP community of being unable to think critically, suggesting that years of marketing and propaganda have clouded their judgment and understanding of the crypto landscape."
"Hoskinson expressed that while he supports Ripple in its legal battle with the SEC, Cardano did not provide financial backing because Ripple was already well-resourced and did not require additional funds."
"He criticized Ripple's CEO Brad Garlinghouse for lobbying for the CLARITY Act, claiming it would treat new crypto projects as securities by default, thereby benefiting established players like Ripple at the expense of competition."
"Hoskinson highlighted the issue of Ripple's massive pre-mine, stating that the founders had access to tens of billions of dollars, which he argued meant they did not need outside financial assistance."
Charles Hoskinson criticized the XRP community, labeling its members as lacking critical thinking skills. He expressed support for Ripple in its SEC battle but clarified that Cardano did not financially support Ripple due to its existing resources. Hoskinson opposed Ripple CEO Brad Garlinghouse's lobbying for the CLARITY Act, arguing it would favor established players like Ripple. He also criticized Ripple's pre-mine, claiming it provided the founders with tens of billions of dollars, negating the need for external financial support.
Read at news.bitcoin.com
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