Ah, the world of cryptocurrency, where the only thing more volatile than the market is the commentary surrounding it. Enter Charles Hoskinson, the founder of Cardano, who recently took to the digital stage to unveil his latest prediction for the “new next thing” in crypto. Spoiler alert: it’s not a new flavor of ice cream, but rather a delightful concoction of venture capital and sarcasm.
Charles Hoskinson: The Oracle of Crypto
In a moment of sheer brilliance, Hoskinson responded to an X post from the illustrious @cardano_whale, who waxed poetic about VC chains and their “big unlocks” that are apparently set to explode in 2024. And let’s not forget the mention of “presidential coins.” Because nothing says “trustworthy investment” like a coin endorsed by a politician, right? 🤔
Our dear @cardano_whale dubbed this phenomenon “sophisticated CrimeFi,” which sounds like a fancy cocktail you’d order at a bar that charges $15 for a glass of water. Hoskinson, with all the flair of a seasoned comedian, declared that VC coins are “so last cycle,” while CrimeFi is poised to take the stage as “the new next thing.” “It takes zero knowledge to the next level!” he quipped, which is comforting to know, considering the average crypto investor’s grasp of basic math.
VC coins are so last cycle. CrimeFi is the new next thing. It takes zero knowledge to the next level!
— Charles Hoskinson (@IOHK_Charles) February 18, 2025
Meme Coin Madness
Now, let’s pivot to the recent LIBRA coin scandal, which has all the makings of a daytime soap opera. Argentina’s president, Javier Milei, took to X to promote this meme coin, claiming it would be the savior of small businesses and local startups. Naturally, the coin skyrocketed to a $4.5 billion market cap faster than you can say “pump and dump.” But wait! Just as quickly, Milei deleted his post after being accused of promoting a scam. Classic! 😅
Analysts suggest that a select group of investors, who probably have more money than sense, sold their holdings and pocketed over $100 million. Meanwhile, the LIBRA team is busy handing out compensations like they’re candy on Halloween. Just ask Dave Portnoy, who received a cool $5 million in USDC, which he promptly converted into 27,688 SOL. Because why not? It’s not like he has anything better to do with his money.
Now, Milei is facing accusations of crypto fraud, and lawmakers in Argentina are calling for his impeachment. Who knew that the world of cryptocurrency could be so… political? 🙄
Dogecoin‘s Founder Weighs In
And just when you thought it couldn’t get any juicier, Dogecoin’s founder decided to throw his hat into the ring. He took a jab at celebrity meme coins, stating, “There are 0 celebrity meme coins that would make any positive impact or value to anything.” Ouch! That’s like saying your favorite band is overrated at a family reunion.
Samson Mow, a Bitcoin maximalist and JAN3 CEO, chimed in with his two cents, expressing his indifference to the LIBRA drama. He tweeted that this kind of nonsense “will just keep happening again and again until everyone is Bitcoin only.” Because clearly, the solution to all our problems is to just ignore them until they go away. Genius! 💡
I don’t really care about the $LIBRA details like who sniped what and which insiders had allocations, because this shit will just keep happening again and again until everyone is #Bitcoin only.
— Samson Mow (@Excellion) February 18, 2025
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2025-02-18 16:28