Cardano’s Hoskinson Turns Down El Salvador’s Bitcoin Offer—What It Means for ADA

Charles Hoskinson just threw shade at Bitcoin’s biggest national adoption play—and Cardano fans are loving it.

The Rejection Heard ‘Round Crypto

While El Salvador doubles down on BTC, the Cardano founder publicly dismissed partnering with their Bitcoin-centric strategy. No vague corporate speak—just a hard pass.

ADA’s Roadmap vs. Bitcoin Maximalism

Hoskinson’s move signals Cardano’s bet on its own tech stack over riding Bitcoin’s coattails. Smart contracts? Check. Scalability? Building it. Playing second fiddle to a proof-of-work dinosaur? Not happening.

The Institutional Angle

Meanwhile, traditional finance quietly eye-rolls at another developing nation gambling its treasury on crypto volatility. At least Cardano’s rejection came with fewer fireworks than their last bond offering.