Cardano

2024

<figure> 
 <figcaption>
  Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
<p lang="en-GB" xml:lang="en-GB">Founder of Cardano and a co-founder of Ethereum in the past, mathematician Charles Hoskinson has strengthened the overall Cardano (ADA) bullish sentiment with a recent tweet of his.</p>
<h2 id="hoskinson-s-proud-cardano-tweet">Hoskinson's proud Cardano tweet</h2>
<p lang="en-GB" xml:lang="en-GB">Hoskinson responded to a tweet by a Cardano enthusiast about the expected increase of the <a href="https://u.today/cardano-treasury-exceeded-900-million-ada-held-heres-what-they-spend-it-on">Cardano Treasury</a>.</p>
<p lang="en-GB" xml:lang="en-GB">X user and Cardano enthusiast @StakeWithPride published a post, stating that he expects the Cardano Treasury to increase to the $4.5 billion fiat equivalent next time ADA reaches the $3 high. The last time ADA reached this all-time high was end of August 2021, and back then the Treasury comprised approximately $1.7 billion worth of ADA. As reported by U.Today, in late August 2022, the Treasury contained <a href="https://u.today/1-billion-ada-now-in-cardanos-treasury-vasil-draws-even-closer-details">an impressive 1 billion ADA</a>, which back then was the equivalent to $437 million in fiat.</p>
<blockquote>
 <p lang="zxx" dir="ltr" xml:lang="zxx"><a href="https://t.co/dwLZ3aqjok">https://t.co/dwLZ3aqjok</a> <a href="https://t.co/FTPgSgq3Xa">pic.twitter.com/FTPgSgq3Xa</a></p>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1758708038855545134?ref_src=twsrc%5Etfw">February 17, 2024</a>
</blockquote> 
<p lang="en-GB" xml:lang="en-GB">Cardano is “a decentralized network state that funds its own destiny,” concluded the user. Hoskinson proudly quoted this tweet, adding an animated GIF from an old-school computer game, showing his support for this ADA bullish sentiment.</p>
<p lang="en-GB" xml:lang="en-GB">The Treasury supports Cardano-based projects, so those who want to claim a small part of it should join the Cardano ecosystem to start providing value to it, such as build a project on Cardano with tools based on this blockchain.</p>
<h2 id="hoskinson-raises-ai-concerns">Hoskinson raises AI concerns</h2>
<p lang="en-GB" xml:lang="en-GB">In a recent tweet, the founder of <a href="https://u.today/cardano-founder-shares-concerns-about-ai-products-details">Cardano raised certain concerns</a> over future AI products. He commented on an article by the British tabloid The Sun. The article claimed that in the future AI-based girlfriends may frequently turn out to be “gold diggers” — they will be after men’s cash, the article claims.</p>
<p lang="en-GB" xml:lang="en-GB">Hoskinson believes that due to AI certain trust issues are likely to grow in the future. Earlier statements made by the billionaire clearly show that he expects AI to bring much harm (he has never mentioned any positive sides of it yet). In December, Hoskinson commented on a deepfake video generated with the help of an AI app, which created a fake version of him almost indistinguishable from his real self. Certain nuances, like the manner of speaking, revealed that it was a fake.</p>
<p lang="en-GB" xml:lang="en-GB">Hoskinson then said that every year, these deepfake making technologies become more and more sophisticated, and in a few years one will be unable to distinguish between a real video and a fake one.</p>

Cardano Founder Issues Enthusiastic ADA Message

Table of Contents

U_Today

Other articles published on Feb 17, 2024

Unveiling the Future: Blockchain's Role in Revolutionizing Digital Identity Management

Will Bitcoin Price Face an 8% Correction If It Can’t Reclaim $52k?

Altcoins to Watch Before the Next Bull Run: Polkadot (DOT), Chainlink (LINK) and InQubeta (QUBE)

Bittensor Price Prediction: TAO Soars 138% In A Week, But Analysts Say Consider This Potential Pe...

Ethereum Rival That’s Exploded 350% in Four Months Could Skyrocket by up to 7x, Says Coin Bureau’...

Solana integrates Filecoin to boost its blockchain; Bitcoin Dogs gains momentum

Join our free newsletter for daily crypto updates!