Charles Hoskinson, the founder of Cardano, has again responded to a trolling comment from Bitcoin maximalist Max Keiser in what appears to be a neverending campaign.
Hoskinson and other prominent crypto founders have consistently been the focal points of an ongoing social campaign by Bitcoin maximalists. This group contends that, in their view, any cryptocurrency apart from Bitcoin lacks investment merit.
Max Keiser, Chairman of Bitcoin mining project Volcano Energy and Bitcoin Advisor to the El Salvadoran president Nayib Bukele, is one of the maximalists who hold this view. As a result, Keiser has consistently taken regular jabs at influential individuals associated with altcoin projects, including Hoskinson.
Keiser’s Latest Jab at Hoskinson
In his recent statement, Keiser presented a video depicting an individual involved in the cleaning of an oil tank. Significantly, the worker was being assisted by colleagues as he emerged from the tank, wearing a drysuit and entirely enveloped in what appears to be oil sludge.
Charles Hoskinson emerges from his shitcoin lair. pic.twitter.com/a5MM2bCLlb
— Max Keiser (@maxkeiser) February 7, 2024
Keiser wryly implied that the person in the video was Hoskinson, humorously asserting that the Cardano founder was emerging from his “Shitcoin lair.” Reactions to the comment have not been favorable to Keiser, as most proponents call his attention to his past involvements with altcoins.
It’s worth noting that Keiser, who currently critiques any cryptocurrency besides Bitcoin, was previously a proponent of an altcoin named after him, MaxCoin. Launched in February 2014 as a Bitcoin alternative, MaxCoin faced dwindling adoption due to issues such as insufficient development and funding.
Keiser’s transition to the “Bitcoin-or-nothing” stance has been criticized as hypocritical by crypto proponents. Despite these observations, the Bitcoin maximalist appears unperturbed, consistently taking opportunities to confront those who diverge from his viewpoint.
The Cardano Founder Reacts
Shortly after his latest comment at Hoskinson, the Cardano founder indulged him with a response of equal proportion. Hoskinson humorously implied that Keiser aimed to attract more social impressions, as his “ratings must be low” at the time.
Ratings must be low for Maxi. And it's called an oubliette -> ou·bli·ette https://t.co/YJ3TByQ2aR
— Charles Hoskinson (@IOHK_Charles) February 8, 2024
Notably, the feud between both parties has gone on for quite some time, as Keiser constantly brands Cardano a shitcoin. Interestingly enough, both individuals were once on favorable terms in the past, with an IOHK video from September 2017 featuring a speech from Keiser.
When Hoskinson suggested in 2021 that the planned tax rate hike by the Biden administration would harm the markets, Keiser claimed the Cardano founder was scared because he has no confidence in ADA.
Keiser branded ADA a shitcoin, noting that its holders live in constant fear. Hoskinson reacted to this comment with his usual snide remark.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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