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Tung Reveals Why Cardano founder Gets Unfair Criticism Despite Building

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Tung Reveals Why Cardano founder Gets Unfair Criticism Despite Building

CryptoRus founder George Tung has explained why Cardano founder Charles Hoskinson receives so much criticism from the crypto community.

In his recent appearance on The Wolf of All Streets podcast, Tung dissected the reasons for the “hate,” citing a lack of understanding, especially among $ADA holders. He suggested that Hoskinson’s focus on building rather than on the Cardano price has led to criticism he does not deserve.

Key Points

  • CryptoRus founder George Tung has explained why Cardano founder Charles Hoskinson receives so much criticism from the crypto community.
  • He suggested that Hoskinson’s focus on building rather than on the Cardano price has led to criticism he does not deserve.
  • The CryptoRus founder noted that critics always judge Hoskinson’s contributions to the Cardano ecosystem by its price impact.
  • He highlighted that building systems and products in the dark times that would fuel adoption in the bullish season is what makes a project thrive.
  • Hoskinson has shared this concept several times in his interviews and podcasts.

Cardano Founder Harshly Judged: CryptoRus

When discussing his project “GeorgePlaysClashRoyale” in the podcast and his commitment to building through crypto storms, Tung mentioned which system he is adopting. Specifically, he noted that he shares the same mentality as Hoskinson, who, he said, is getting a lot of criticism for no just cause.

The CryptoRus founder noted that critics always judge Hoskinson’s contributions to the Cardano ecosystem by its price impact. Despite rolling out plans and ideas to scale the $ADA ecosystem, Cardano holders simply focus on why the coin’s price isn’t going up.

However, Tung stated that the Cardano founder cannot do anything to influence the price of $ADA other than to build. He highlighted that building systems and products in the dark times that would fuel adoption in the bullish season is what makes a project thrive, and that is what Hoskinson focuses on.

Building Over Short-Term Price Action

Interestingly, Hoskinson has shared this concept several times in his interviews and podcasts. Most recently, he emphasized this while he urged enthusiasts to go all in on building now that the market is bearish.

He noted that being in crypto to “change the world” and do interesting things makes it worthwhile. However, those focusing on price and financial gains rather than creating utility have already lost.

Meanwhile, Hoskinson reiterated this sentiment earlier in the year, predicting that 2026 would be a great year for Cardano. He cited the upgrades and innovations, such as the Ouroboros Leios, Hydra scaling, Midnight, and stablecoin breakthrough, as catalysts. Again, he stressed that those who focus on the $ADA price rather than appreciate the progress the ecosystem has made “have already lost.”

The Cardano founder remains committed to this despite criticism from a faction of the community. Recall that some suggested he was a “cancer” that hindered the growth of Cardano. While he responded much later, highlighting the success of Midnight, he has often channeled his frustration with this sentiment into efforts to improve the $ADA ecosystem.

Candid Advice Amid Crypto Market Downturn

Notably, after Tung highlighted this poor judgment of Hoskinson, he disclosed what he will do while the crypto market struggles. According to him, he will simply keep his crypto bag and not try to chase short-term moves by trading.

This reinforces the importance of remaining calm during market downturns, as history has often shown that Bitcoin and crypto often recover. Strategy executive chairman Michael Saylor recently highlighted this, arguing that the rule of Bitcoin is to buy and never sell.

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