Charles Hoskinson pokes fun at Bitcoin SV, EOS and Justin Sun

10 Jun, 2019
by Richard Allen
Charles Hoskinson pokes fun at Bitcoin SV, EOS and Justin Sun

When the big announcement promised by EOS finally dropped, many in the community left feeling underwhelmed. During the latest episode of The Cardano Effect, Charles Hoskinson states he too was disappointed, calling the announcement a “flop.”

Hoskin’s comments come after being asked Cardano’s recently released roadmap design. Hoskinson’s IOHK recently released an updated version with an emphasis of making the Cardano blockchain 100 times more decentralized than Bitcoin’s.

“We don’t think a lot about investors at IOHK. The whole investment thesis in the cryptocurrency industry is a bit bizarre and just strange, things go up for no reason things collapse for no reason,” Hoskin said.

As an example, Hoskinson states that “I can't for the life of me understand how Bitcoin SV just went to the moon because vanity copyright was awarded. I mean that’s the only thing that I can see, it looks more like market manipulation.”

Hoskinson then discussed EOS’s parent company,’s big announcement. The company had the community hyped with the promise of a big announcement, and when they revealed their EOS-based social media app, Voice, many were left disappointed. Hoskinson evidently felt the same, calling it “a bit of a flop.”

The conversation then turned towards Justin Sun and his recent winning bid to have lunch with Warren Buffett. According to Hoskinson, spending over $4 million to have lunch with Buffett sounds like Sun “is out of ideas at this point.” He added that “it’s just crazy what they have to do to keep that hype machine going.”

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