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#USCryptoStakingTaxReview 🔥 What Really Happened — No Actual “Drop” Against ADA or XRP Contrary to clickbait wording, Cardano founder Charles Hoskinson did not publicly attack or dismiss XRP and ADA in a negative way. Instead: 1. Hoskinson weighed in on how Web3 tech compares with legacy finance He commented this week about traditional finance efforts (like the Canton Network backed by banks) trying to “replicate” what established public blockchains already do — such as XRP’s high-throughput settlement and Cardano’s ecosystem work. His point was that legacy players are behind, not that ADA or XRP are bad. � Times Tabloid #xrp and Cardano as mature, scalable networks Hoskinson characterized XRP and Cardano-related tech (including his privacy project Midnight) as working at a much larger Web3 scale than private financial blockchains. He suggested these public systems are already delivering what legacy players attempt to copy. � Times Tabloid 3. Market sentiment commentary came with broader crypto context Independently, some analysts and other industry figures (e.g., Canary Capital CEO) shared bullish observations about XRP’s growing institutional interest — but this was separate from anything Hoskinson said. � Bitget 📌 Key Takeaways from Hoskinson’s Comments Not a diss: He defended rather than disparaged Cardano and XRP communities, noting their strength and long-term development work. � The Coin Republic Legacy finance vs. Web3: His main message was that traditional finance initiatives trying to integrate blockchain aren’t on the same level as networks built from the ground up for decentralization and openness. � Times Tabloid Context is tech comparison, not token price advice: None of his remarks were specifically about price predictions or telling people to sell/buy ADA or XRP. 🧠 What This Is Not Not a market call: Hoskinson didn’t tell people to dump ADA or XRP.
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