- Hoskinson responded harshly to the Cardano community following Solana’s deal with SBI Holdings in Japan, rejecting personal responsibility.
- SBI Holdings announced an alliance with Solana to issue stablecoins and tokenize assets in a region where Cardano historically obtained 90% of its initial funding.
- The Cardano founder demanded that those making claims present legal mandates and on-chain votes before assigning him commercial obligations.
Charles Hoskinson responded harshly to the Cardano community’s complaints after SBI Holdings, the Japanese financial giant, announced an alliance with Solana to launch stablecoins and tokenize assets in Japan. The news triggered a wave of criticism among ADA holders, who viewed the deal as a direct defeat for the project, given that Japanese investors historically contributed around 90% of the network’s initial funding.
Multiple users demanded that Hoskinson take responsibility for losing the region. The founder’s response was categorical: he rejected the personal reproach, accused the community of practicing “learned helplessness” and declared that the era of centralized management from a single office was over.
crypto-economy.com
