Is Elon Musk Favoring Cardano Over DOGE for Partnership ?

Key Takeaways
  • Hoskinson believes Musk could enhance X's privacy and security by partnering with Cardano.
  • Despite repeated attempts, Musk has not responded to Cardano's collaboration efforts.
  • Musk's strong support for Dogecoin might be a reason for his lack of interest in Cardano.
06-13-2024 By: Coin Gabbar
Is Elon Musk Favorin

Hoskinson Urges Musk to Consider Cardano Partnership

Charles Hoskinson, the founder of Cardano, has made a significant statement regarding Tesla's CEO, Elon Musk. In a recent interview, Hoskinson discussed the potential for a working relationship with Musk, the owner of X. He highlighted the benefits Musk could gain from partnering with Cardano. Hoskinson expressed confusion and disappointment over the lack of response from Musk regarding collaboration efforts.

Hoskinson stated that a partnership with Cardano (ADA) could offer Musk several advantages, such as integrating Cardano’s Midnight Protocol for privacy on his social media platform X, thereby enhancing user security. He also pointed out other important reasons for collaboration, such as the mutual friend Lex Fridman and Musk’s agreement with Ethereum founder Vitalik Buterin. Despite multiple attempts to reach Musk, Hoskinson’s efforts were unsuccessful. He mentioned that Musk has never appropriately responded to or acknowledged Cardano's outreach efforts.

Hoskinson speculated that Musk might perceive working with him as difficult or be influenced by those who misunderstand him. He also considered the possibility that Musk might currently be focused solely on his own projects.

Charles Hoskinson Has Been a Fan of Elon Musk

Charles Hoskinson, the founder of Cardano, is a great admirer of Elon Musk. He believes Musk is a business genius who silenced critics by running a large platform like X with a tenth of the staff, showcasing his cost-cutting skills and why he is such a successful businessman today.

Hoskinson expressed his openness to business with Musk and his willingness to contribute in any possible way to the future growth of the X platform.

Elon Musk Has Been a Supporter of Dogecoin

Tesla owner Elon Musk has been a staunch supporter of Dogecoin from the beginning. He has frequently expressed his support for DOGE, leading both the DOGE community and crypto experts to believe that Musk might accept Dogecoin as a payment option on X in the future. Hoskinson is well aware of Musk's fondness for DOGE, suggesting that Musk might hold a significant stake in Dogecoin.

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