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Is Cardano Founder Charles Hoskinson Meeting With Elon Musk to Make Twitter Decentralized?

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New Tweet Suggests Cardano Boss Might Meet With Elon Musk to Discuss the Role He Would Play in Making Twitter Decentralized.


I can’t confirm or deny, Charles Hoskinson said in response to comments that he will meet with Elon Musk to discuss how to make Twitter a decentralized social media platform.

A new Twitter post made by Charles Hoskinson, the CEO and founder of Input-Output Global (IOG), the organization responsible for the research and development of Cardano, hints that the Cardano boss may be working with Elon Musk to make Twitter a decentralized social media platform.

A user on the microblogging platform with the username @cryptnlyz noted that the Cardano boss had traveled to California, the city where Twitter is headquartered.

The user suggested that the reason Hoskinson traveled to California could not be far from a possible meeting with Musk, who recently got the approval to purchase the social media company within the week.

Reacting to the user’s post, Hoskinson tweeted that he “can’t confirm or deny” any claims.

It is worth noting that Musk is poised to create a decentralized social media platform where free speech within the ambit of the law would be permitted.

Last week, Hoskinson declared his interest in collaborating with the Tesla CEO and founder to create a decentralized social media platform if, by chance, Musk’s $43 billion Twitter bid gets rejected.

The Cardano CEO also supported Musk’s plans to eliminate Twitter bots used by illicit actors to create scam cryptocurrency posts to defraud unsuspecting victims.

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The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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