{"id":42604,"date":"2021-05-17T13:07:33","date_gmt":"2021-05-17T10:07:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42604"},"modified":"2025-08-30T23:58:33","modified_gmt":"2025-08-30T20:58:33","slug":"mark-cuban-criticised-cardano","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/mark-cuban-criticised-cardano\/","title":{"rendered":"Mark Cuban criticised Cardano"},"content":{"rendered":"<p>Billionaire Mark Cuban discussed Cardano (ADA) with IOHK chief Charles Hoskinson after questioning the asset\u2019s practical use.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Are you, personally, able to use <a href=\"https:\/\/twitter.com\/search?q=%24ADA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ADA<\/a> for anything ? If so, what have you used it for ? That\u2019s the question I ask about all Crypto. Do you find yourself using it for anything that you find value in ? <a href=\"https:\/\/t.co\/qTt3ndjKhI\">https:\/\/t.co\/qTt3ndjKhI<\/a><\/p>\n<p>\u2014 Mark Cuban (@mcuban) <a href=\"https:\/\/twitter.com\/mcuban\/status\/1393625967462080514?ref_src=twsrc%5Etfw\">May 15, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Hoskinson wrote that Cuban &#8220;breaks his heart&#8221;, and invited the billionaire to chat at a farm in Colorado.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Levity aside Charles, whenever someone pitching me tells me it has to be in person, that\u2019s a red flag. I know this isn\u2019t a pitch. But would love to know , Where do you use ADA on a daily basis ? How should or could I use it today ? I can answer this for all the crypto I own. <a href=\"https:\/\/t.co\/bYZjcIVers\">https:\/\/t.co\/bYZjcIVers<\/a><\/p>\n<p>\u2014 Mark Cuban (@mcuban) <a href=\"https:\/\/twitter.com\/mcuban\/status\/1393646131708665858?ref_src=twsrc%5Etfw\">May 15, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Cuban repeated Hoskinson&#8217;s questions about Cardano\u2019s practical use. The latter bristled at the need to pitch the cryptocurrency on Twitter, but nonetheless provided more details about the project.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">Seriously mark? It was just a friendly invite, but you want me to pitch ada over Twitter? OK, we have five million students in Ethiopia, thousands of assets issued on Cardano, a nice DApp ecosystem brewing for smart contract launch, a new VC model with catalyst, huge community <a href=\"https:\/\/t.co\/IUM77NKapG\">pic.twitter.com\/IUM77NKapG<\/a><\/p>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1393686817103302666?ref_src=twsrc%5Etfw\">May 15, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00ab\u0423 \u043d\u0430\u0441 \u0435\u0441\u0442\u044c \u043f\u044f\u0442\u044c \u043c\u0438\u043b\u043b\u0438\u043e\u043d\u043e\u0432 \u0441\u0442\u0443\u0434\u0435\u043d\u0442\u043e\u0432 \u0438\u0437 \u042d\u0444\u0438\u043e\u043f\u0438\u0438, \u0442\u044b\u0441\u044f\u0447\u0438 \u0430\u043a\u0442\u0438\u0432\u043e\u0432 \u043d\u0430 \u0431\u0430\u0437\u0435 Cardano, \u0445\u043e\u0440\u043e\u0448\u0430\u044f \u044d\u043a\u043e\u0441\u0438\u0441\u0442\u0435\u043c\u0430 dapp, \u0433\u043e\u0442\u043e\u0432\u044f\u0449\u0430\u044f\u0441\u044f \u043a \u0437\u0430\u043f\u0443\u0441\u043a\u0443 \u0441\u043c\u0430\u0440\u0442-\u043a\u043e\u043d\u0442\u0440\u0430\u043a\u0442\u043e\u0432, \u043d\u043e\u0432\u0430\u044f \u043c\u043e\u0434\u0435\u043b\u044c \u0432\u0435\u043d\u0447\u0443\u0440\u043d\u043e\u0433\u043e \u043a\u0430\u043f\u0438\u0442\u0430\u043b\u0430 \u0441 \u043a\u0430\u0442\u0430\u043b\u0438\u0437\u0430\u0442\u043e\u0440\u043e\u043c \u0438 \u043e\u0433\u0440\u043e\u043c\u043d\u043e\u0435 \u0441\u043e\u043e\u0431\u0449\u0435\u0441\u0442\u0432\u043e\u00bb, \u2014 \u043d\u0430\u043f\u0438\u0441\u0430\u043b \u0425\u043e\u0441\u043a\u0438\u043d\u0441\u043e\u043d.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">People are issuing NFTs on Cardano. My Twitter pic is an example of one. Our people have been negotiating an MOU for example with your venture Lazy for NFT. Billions of dollars worth of ada move every day. It\u2019s a vibrant ecosystem that\u2019s awaiting smart contracts later this year<\/p>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1393687321250312201?ref_src=twsrc%5Etfw\">May 15, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The IOHK CEO also added that users issue NFTs via Cardano. As an example, Hoskinson cited his Twitter profile avatar. He said billions of dollars worth of ADA change hands daily in tokens.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We rebuilt the entire smart contract model. It took four years to do it, but it\u2019s necessary if you actually want security and scale. No more DAO hacks, less off-chain code. Consistent operating cost. Furthermore I want all devs not just solidity devs <a href=\"https:\/\/t.co\/qQYsmf8HHz\">https:\/\/t.co\/qQYsmf8HHz<\/a><\/p>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1393688548948287493?ref_src=twsrc%5Etfw\">May 15, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Cuban welcomed Cardano\u2019s progress but suggested discussing when the platform would stop preparing and start servicing users.<\/p>\n<p>Hoskinson noted that the team rebuilt the entire smart-contract model for security and scalability. He said it took four years.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"es\" dir=\"ltr\">Mark Cuban Cardano <a href=\"https:\/\/t.co\/x0zYCeSIRd\">https:\/\/t.co\/x0zYCeSIRd<\/a><\/p>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1393689887648272384?ref_src=twsrc%5Etfw\">May 15, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The IOHK CEO released a 12-minute video enumerating Cardano\u2019s advantages.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abI really hope your dreams become a reality, Charles\u00bb, wrote Cuban.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Thanks Mark. And thanks for taking the time.<\/p>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1393699765779640321?ref_src=twsrc%5Etfw\">May 15, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Users proposed that the billionaire add Cardano as a method of payment for tickets, services and goods at his NBA club the Dallas Mavericks. Earlier he <a href=\"https:\/\/u1f987.com\/en\/news\/dallas-mavericks-mark-cubans-nba-club-first-to-begin-accepting-dogecoin\">began accepting Dogecoin<\/a>.<\/p>\n<p>Cuban said he would be happy to enable ADA if the cryptocurrency were accepted by the BitPay processing service.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">If you can get bitpay to take it. I\u2019m happy to sell for Ada.<\/p>\n<p>\u2014 Mark Cuban (@mcuban) <a href=\"https:\/\/twitter.com\/mcuban\/status\/1393691252453937154?ref_src=twsrc%5Etfw\">May 15, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The billionaire was also criticised for asking about Cardano\u2019s practical use but not Dogecoin.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abI have said many times that DOGE was a joke that became real because of its user base. BitPay and the users gave DOGE utility. And I&#8217;ve been clear that it only stays relevant if it continues to grow as a payment mechanism\u00bb, replied Cuban.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I have said many times that DOGE was a joke that became real because of its user base. <a href=\"https:\/\/twitter.com\/BitPay?ref_src=twsrc%5Etfw\">@BITPAY<\/a> and the users gave DOGE utility. And ive been clear that It only stays relevant if it continues to grow as a payment mechanism.<\/p>\n<p>\u2014 Mark Cuban (@mcuban) <a href=\"https:\/\/twitter.com\/mcuban\/status\/1393653499490144258?ref_src=twsrc%5Etfw\">May 15, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>15 May Cardano <a href=\"https:\/\/u1f987.com\/en\/news\/cardano-hits-historic-high-above-2-19\">reached an all-time high<\/a> at $2.19. On 16 May the price rose above $2.40,<\/p>\n<p>As of writing Cardano sits in fourth place in the digital-asset ranking by market cap at $70.4 billion, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/cardano\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">CoinGecko<\/a>.<\/p>\n<p>In April, Charles Hoskinson urged moving away from Proof-of-Work and <a href=\"https:\/\/u1f987.com\/en\/news\/charles-hoskinson-urges-move-away-from-proof-of-work-and-predicts-dogecoin-crash\">predicted the collapse of Dogecoin<\/a>.<\/p>\n<p>Read ForkLog\u2019s bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a>\u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Mark Cuban discussed Cardano (ADA) with IOHK chief Charles Hoskinson after questioning the asset\u2019s practical use.<\/p>\n","protected":false},"author":1,"featured_media":42605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1401,471,99,1551,1138],"class_list":["post-42604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cardano-ada","tag-charles-hoskinson","tag-dogecoin","tag-mark-cuban","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=42604"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42604\/revisions"}],"predecessor-version":[{"id":42606,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42604\/revisions\/42606"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/42605"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=42604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=42604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=42604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}