Charles Hoskinson, the founder of the popular cryptocurrency Cardano (ADA), appealed to Elon Musk, who wanted to buy Twitter. Hoskinson, who is also among the founders of Ethereum, stated that if Twitter rejects the offer, they can establish a decentralized social media platform with Musk.
With a fortune of more than 250 billion dollars, he is the richest person in the world. Elon Musk, with an unexpected decision last week, bought 9.2% of Twitter shares for billions of dollars. After that, it was stated that the famous businessman would be included in the board of directors of the social media giant; but this did not happen. Yesterday, there was a bigger development in this regard, and it turned out that Musk wanted to buy the whole of Twitter for an astronomical fee of $ 43.4 billion.
In addition, there were reports that Twitter would make a move against Musk. In another statement he made yesterday, the famous businessman stated that he had a ‘B’ plan if the Twitter board did not accept the purchase offer. Popular cryptocurrency now Cardano (ADA) The founder made a proposal for the ‘B’ plan that Musk stated.
‘Together with Elon, we can establish a decentralized social media’
He is also a co-founder of Ethereum as well as Cardano. Charles Hoskinsonmade a call to Elon Musk by making a post on Twitter. Hoskinson explains, “Elon, contact me if Twitter declines your offer. I would be happy to establish a decentralized platform with you” In case of rejection of the famous billionaire’s offer by giving his statements, a decentralized social media platform stated that they can.
Of course, the seriousness of this proposal is debatable. Some Twitter users joked about Hoskinson’s proposal, citing problems with Cardano-based apps, noting that posting on the emerging social media platform could be a hassle.
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However, it should be noted that Musk has previously made statements on the subject apart from the controversial Twitter proposal. Emphasizing the necessity of freedom of expression in social media in his statements, Musk said that a few weeks before the Twitter purchase, the platform was more ‘libertarian’ He stated that he could establish a social media platform. This may indicate that Musk may be willing to set up another platform if Twitter rejects his offer.
Source :
https://u.today/cardano-founder-wants-to-build-decentralized-twitter-with-elon-musk