XRP Community Harassment
Charles Hoskinson, the founder of Cardano (ADA), continues to stand by his statement from a year ago that XRP has “no partnership or technical value.” This comes after two years of daily harassment from the XRP community. Hoskinson explained that there is no technical overlap between Cardano and XRP and that they have different product market fits. He mentioned that projects like Tezos, Algorand, Polkadot, Ethereum, and Cardano are solving similar problems, while Ripple is built for a different purpose. The constant personal attacks and harassment from the XRP community have made it impossible to have a constructive conversation.
Hoskinson’s Explanation
In response to questions about his previous statements, Hoskinson clarified that he believes stating that Ethereum co-founder Joe Lubin bribed the SEC to go after Ripple is a conspiracy theory. He also pointed out that he made a 52-minute video on this topic, which was ignored and misrepresented by the XRP community. Furthermore, he emphasized that his views on Ripple are based on its role as an interbank settlement system and central bank digital currency (CBDC) stack, rather than a decentralized smart contract system.
Hot Take: Hoskinson Stands Firm Against XRP Community
Charles Hoskinson remains resolute in his position regarding XRP’s lack of value and partnership. Despite facing two years of harassment from the XRP community, he continues to assert that there is no technical overlap between Cardano and XRP and that their product market fits differ. Hoskinson believes that projects like Tezos, Algorand, Polkadot, Ethereum, and Cardano are better suited to solving similar problems. The constant personal attacks and harassment have hindered any possibility of productive dialogue. Despite criticism from the XRP community, Hoskinson stands by his views on Ripple, asserting that it functions primarily as an interbank settlement system and CBDC stack.
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