Cardano founder Charles Hoskinson says Tesla should accept ADA
Cardano founder believes that ADA is superior to BTC, and Tesla should adopt it as a payment method.
Charles Hoskinson claimed that ADA is one of the greenest and most eco-friendly digital assets. He suggested that Tesla should opt for it as a form of payment if it really cares about environmental sustainability.
In an interview, Hoskinson highlighted the benefits of his proof-of-stake (PoS) blockchain platform Cardano. He noted that the PoS system is much better in terms of energy consumption compared to its rivals.
He said that Cardano and its native digital asset should be the first choice for Elon Musk’s giant EV-maker Tesla:
”If they truly care about alternative energy, sustainability, carbon reduction, and carbon neutrality, you can’t be in a system where there is no built-in mechanism to constrain the energy consumption.”
Hoskinson stated that Tesla should focus on the greenest cryptocurrencies, such as ADA, rather than choosing high energy-consuming Bitcoin. Apart from the ecological damage, which it causes, the primary digital asset lacks many other qualities, according to Cardano’s founder.
”Bitcoin is the least programable of all the cryptocurrencies and if you want to do interesting, sexy, and unique things there is just no real way to do that,” he said.
However, Hoskinson noted that all projects within the crypto sector are an experiment and hide their risks. Even though Cardano gained significant success recently, it is not 100% sure that in the future, it will fulfill its goals.
This is not the first time when Charles Hoskinson elevates Cardano over its rivals. In late May, he criticized Ethereum’s network by calling it overrated and outlining a lack of vital qualities.