Home Altcoins News What is Charles Hoskinson Trying to do With the Fate of Cardano (ADA)? Guru Swami Yogi with a Revenue Plan!

What is Charles Hoskinson Trying to do With the Fate of Cardano (ADA)? Guru Swami Yogi with a Revenue Plan!

Cardano

Those who are new to the world of cryptocurrencies and Cardano (ADA) would not want to miss getting to know Charles Hoskinson.

Wikipedia states: “Hoskinson joined the Ethereum founding team (one of eight original founders) with Vitalik Buterin in late 2013.  Buterin removed Hoskinson from Ethereum in 2014 after a dispute over whether the project should be commercial (Hoskinson’s view) or a nonprofit (Buterin’s view). Following his departure from Ethereum, he took a six-month sabbatical.

Former Ethereum colleague Jeremy Wood approached Hoskinson to form a new project called IOHK (Input Output Hong Kong), an engineering and research company that builds cryptocurrencies and blockchains.  IOHK’s key project is Cardano, a public blockchain and smart-contract platform that hosts the ADA cryptocurrency.”

From the Wikipedia statements, we can see that “Hoskinson’s View” is more about being “commercial.”

Recently, Charles Hoskinson retweeted:  GA@CardanoGab:  “There are virtually no developers working on [Cardano that aren’t paid by IOHK_Charles]” — 500,000+ Reddit members — r/Cardano Developers — Stack Exchange page — 3,000+ Plutus / Haskell student devs — Most GitHub commits than any other blockchain.”

Community members frown upon the idea of “developers who are getting paid,” thus trying to impliedly trigger the “decentralization vs. centralization politics.”

Many people would literally die for Cardano.  And, why shouldn’t developers get paid handsomely for their work? How does that make it an inferior product?

Ultimately, the elephant in the room which needs to get discussed is:  Does it have a revenue? Does it have a revenue plan? Apart from others buying ADA at higher prices and holders selling, how does anyone make money?

Ultimately, everyone from Charles, IOHK, and the community staking their value prayerfully in the blockchain are praying for some Good ROI at some point in time.

And, it is nice to see attitudes in the community like I am specifically delivering a Computer Science Secondary School Curriculum for 11-to-18-year-olds through the context of blockchain with an absolute bias towards Cardano simply because Cardano is the future.

The Charles Hoskinson cult is powerful.  He builds his religious groups of followers right at the granular level with his:  “This is Charles Hoskinson broadcasting Live from Warm Sunny Colorado. Always Warm and Always Sunny sometimes Colorado.”

And, it just looks like Charles is extending his territory to Ethereum Classic (ETC).

ETC Cooperative tweeted:  “We are excited to welcome Charles Hoskinson (IOHK Charles) as the newest member of the ETC Cooperative Board of Directors. Charles is a long-time supporter of Ethereum Classic and lends a unique level of insight and experience to the project.”

Whether you call him a Guru, Swami, Yogi establishing a religious cult, he does have a knack for injecting his powerful management technique to improve the business quality of the organizations and projects he works with.

He knows money is essential to Ethiopians, Americans, Indians, Wine Makers, and Coffee Makers. He knows money is not a sin. He is very clear that commerce never happens without money. He is very clear that every transaction is commerce, and it costs something.

Money is not a mean thing.  We are all in here for “The Money.”  In just three years, we will know if his series of “Lengthy Warm Sunny Colorado” campaigns did address the “Elephant in the room – The Revenue Model.”

It just looks like he knows the fathers and grandfathers of Ethereum, Ethereum Classic, Bitfinex, Polkadot, ChainLink, TRON, and Elon Musk.

Those who have a personality at par with Charles Hoskinson in the now era to deal with the genesis better might want to name the “X.”

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James

James T, a passionate crypto journalist from South Africa, explores Litecoin, Dash, & Bitcoin intricacies. Loves sharing insights. Enjoy his work? Donate to support! Dash: XrD3ZdZAebm988BfHr1vqZZu6amSGuKR5F

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