CoinWorld.net February 6 News, according to CryptoBriefing, Cardano founder Charles Hoskinson revealed in a live broadcast that despite losing over $3 billion in the crypto industry, he still chooses to stay in the industry rather than exit. In response to outside speculation that “wealth makes losses bearable,” he said, “If you think I do this for money, you are very mistaken — even if I lose everything, I will not stop.” He emphasized that he always prioritizes integrity, repeatedly refusing suspicious opportunities, thereby avoiding industry scandals like the FTX collapse. Despite the current market downturn, he encourages the community to remain patient, focused on collaboration and building: “The market may get worse, but we are doing meaningful work that can change the world.” He is optimistic about the progress of infrastructure and governance in the Cardano ecosystem and specifically praises Ethereum co-founder Vitalik Buterin and Solana co-founder Anatoly Yakovenko, viewing them as true peers in promoting crypto adoption.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Cardano Founder: Lost Over $3 Billion in the Crypto Space but Still Chooses to Stick It Out Instead of Quitting
CoinWorld.net February 6 News, according to CryptoBriefing, Cardano founder Charles Hoskinson revealed in a live broadcast that despite losing over $3 billion in the crypto industry, he still chooses to stay in the industry rather than exit. In response to outside speculation that “wealth makes losses bearable,” he said, “If you think I do this for money, you are very mistaken — even if I lose everything, I will not stop.” He emphasized that he always prioritizes integrity, repeatedly refusing suspicious opportunities, thereby avoiding industry scandals like the FTX collapse. Despite the current market downturn, he encourages the community to remain patient, focused on collaboration and building: “The market may get worse, but we are doing meaningful work that can change the world.” He is optimistic about the progress of infrastructure and governance in the Cardano ecosystem and specifically praises Ethereum co-founder Vitalik Buterin and Solana co-founder Anatoly Yakovenko, viewing them as true peers in promoting crypto adoption.