Cardano Founder Comes Under Fire Over Plan to Switch ADA for Bitcoin

Cardano creator Charles Hoskinson has come under heavy criticism following his recent method of transforming a portion of the ADA treasury into Bitcoin. Initially, Hoskinson proposed a strategy to convert $100 million worth of ADA in treasury into USDM …

In Hoskinson’s case, Pompliano noted that the Cardano creator intends to offer ADA from the treasury in exchange for Bitcoin. Sunny Decree Trolls Hoskinson Over Ethereum and Cardano Ties Bitcoin investor Sunny Decree likewise took a jab at Hoskinson. Offer Cardano to buy Bitcoin Honestly, if … pic.twitter.com/iDkMu8W5jv– sunnydecree (@sunnydecree) June 16, 2025 Crypto Author Criticizes Hoskinson Terence Michael, author of “Proof Of Money: The Big Idea Behind Bitcoin,” likewise knocked the Cardano founder for preparing to sell ADA for BTC.

Cardano creator Charles Hoskinson has come under heavy criticism following his current method of transforming a part of the ADA treasury into Bitcoin. Crypto Stakeholders Criticize Him While numerous Cardano enthusiasts supported the proposition, others slammed Hoskinson for planning to convert ADA into Bitcoin. In Hoskinson’s case, Pompliano kept in mind that the Cardano founder intends to sell ADA from the treasury in exchange for Bitcoin. Sunny Decree Trolls Hoskinson Over Ethereum and Cardano Ties Bitcoin investor Sunny Decree likewise took a jab at Hoskinson. Sell Cardano to buy Bitcoin Honestly, if … pic.twitter.com/iDkMu8W5jv– sunnydecree (@sunnydecree) June 16, 2025 Crypto Author Criticizes Hoskinson Terence Michael, author of “Proof Of Cash: The Big Concept Behind Bitcoin,” also knocked the Cardano creator for planning to offer ADA for BTC.

Sam Boolman | Crypto Enthusiast and Writer

Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.

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