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Cardano Charles Hoskinson

Cardano Founder Ends Speculation About Meeting With Elon Musk

Jake Simmons
by Jake Simmons
1 year ago
·
Posted in Cardano
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Charles Hoskinson, the founder of Cardano, has officially denied rumors suggesting that Elon Musk’s recent interview with former President Donald Trump took place at his ranch in Wyoming. The crypto community had been abuzz with conjecture following Musk’s hints about the location of the high-profile interview.

On Monday, Elon Musk, CEO of Tesla and CTO of X, conducted an interview with GOP presidential candidate Donald Trump. Notably, the interview on X Spaces did not touch upon crypto-related topics. But before the interview, Musk tantalized his followers by sharing an image of himself at a friend’s ranch in Wyoming. He revealed, “Doing the ⁦Donald Trump⁩ Space at my friend’s ranch in Wyoming.”

Cardano Founder Just Joking

Speculation quickly mounted within the Cardano community, fueled by Musk’s vague description and a timely compliment from Hoskinson on the ranch’s ambiance, leading many to wonder if the two tech magnates were fostering a deeper business relationship. Hoskinson commented on Musk’s post, saying, “Nice ranch. Like the woodwork. The person has good taste.”

Related Reading: Cardano Adoption Has Stagnated, Analytics Firm Talks Why

This interaction led followers, including Rick McCracken, a well-known figure in the Cardano ecosystem, to speculate about the location, implying it could be Hoskinson’s property. McCracken commented: “What kind of wood did you use for your interior Charles?” Hoskinson ambiguously responded that the wood was “locally sourced,” what only stoked further speculation.

However, the rumor mill was put to rest when Hoskinson clarified the situation via X, stating: “Alright, we’ve all had some good fun. Musk flew to Jackson and went to Peter Thiel’s place. My ranch is in Wheatland.” This confirmation has redirected the narrative, emphasizing the informal nature of Hoskinson’s initial remarks.

The backdrop of these rumors includes previous attempts by Hoskinson to engage with Musk’s ventures, particularly addressing bot issues on X. During a conversation with Tony Edwards on the Thinking Crypto podcast in mid-June, Hoskinson expressed frustration over the lack of response to his outreach efforts.

Related Reading: Cardano Moves Into Top 3 In Major Market Metric Ahead Of Ethereum

“We’ve reached out numerous times to try to engage with various people at X, even offering to do free work with verified tweets or other things just because it’s so bad right now with bots and these other things, and it’s just always silent,” he shared.

Despite Hoskinson’s personal connections with Kimbal Musk, Elon’s brother, he confirmed that there has never been a discussion involving Cardano or any potential collaborations. “I even know Kimbal Musk and I’ve talked to him on several occasions […] never once has [Elon] mentioned Cardano or me or anything,” he noted, squashing any lingering hopes within the community for an imminent partnership.

Thus, the new speculation had a very slim chance of being true from the start. Davide Lucchesi, an indie game developer and team member of the European Cardano Community, remarked: “It would have been the weirdest thing: the guy never even reply or react to any of your posts and comments, even when he is offered coding help for free.”

At press time, ADA traded at $0.3359.

Cardano price
ADA price, 1-week chart | Source: ADAUSDT on TradingView.com
Featured image from YouTube, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Jake Simmons

Jake Simmons

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Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

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