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Cardano is hinting at wanting a partnership with Tesla following Elon Musk’s tweet that caused the latest drop in BTC’s price.
Bitcoin was trading at around $57k the other day, and then suddenly, the king coin saw a drop in price of about 10% in the past 24 hours following Elon Musk’s tweet.
Tesla & Bitcoin pic.twitter.com/YSswJmVZhP
— Elon Musk (@elonmusk) May 12, 2021
Crypto Twitter went ballistic following this tweet.
PlanB posted the following tweet:
So Elon never really understood #bitcoin, never understood proof-of-work. His Doge pump was a warning sign. His turning to other “crypto” is confirmation. No more Tesla for me. https://t.co/wPzE3eEF68
— PlanB (@100trillionUSD) May 12, 2021
Tone Vays also had something to say about Musk’s tweet:
Looks like @elonmusk never understood the fundamental reason(s) of buying #Bitcoin for himself or @Tesla – Disappointed https://t.co/vCNb0XGPOI
— Tone Vays (#ActivateTaproot) (@ToneVays) May 12, 2021
Cardano hints at wanting a Tesla partnership
Cardano tweeted this following Elon’s message.
‘Cardano Foindation wrote: “Founded by Engineers: All of the research and technical specifications that underpin Cardano are publicly available, and all Cardano development activity is published online.”
The team behind the project continued and said: “Sustainability: In line with [email protected] Development Goals. Running a node is accessible and affordable.”
They also said: “Unique: Our partnership with Save the Children [email protected] use ada in their donation model. Since the launch of Cardano’s proof-of-stake consensus mechanism, we’ve delegated US$500m to mission-driven stake pools.”
Unique: Our engineering partners at IOHK are helping Ethiopia overhaul its education system; boosting nationwide education and employment.#CardanoAfrica #Blockchainhttps://t.co/C6ilfWtttW
— Cardano Foundation (@CardanoStiftung) May 13, 2021
Here’s what a follower had to say:
#Cardano is dangerous for @elonmusk business…an innovative project, which did not come from his mind…if he cannot control it, he will never support him.#CardanoADA is the future, not like #dogecoin an “object” without a project, for gullibule puppets maneuvered by #elon
— True False (@truefalsebird) May 13, 2021
Do you think Cardano and Tesla should team up?