What if I told you that whoever wins the Battle between these two coins Is going to be the permanent leader in Crypto and a coin that you certainly Would not want to miss out on today We're going to take a look at Charles Hoskins and slamming ethereum and Vitality what that means for their beef Going forward let's get it Welcome to build with crypto my name is Ben make sure to smash that like button Also subscribe to the channel because if You don't you're a loser I'm cheers all Right guys today we're talking about Charles hoskinson we're gonna be talking About ethereum we're gonna look at Staking some comments said by Brian Armstrong and is this the end of staking As we know it well you got to watch a Video to find out so here we go Charles Hoskinson the most intimidating man in Crypto Bar None look at those eyes he's Got hungry eyes so let's check this out What he had to say here recently cardano Network has always been a fierce Competitor of the ethereum network Naturally this is translated into a Prolonged rivalry between the two Communities and the two blockchains who Is the ethereum community we know the Coronado Community is not the Ada gang I Apologize for the shirt check this out Down here Hoskinson only spent six months in
Ethereum almost a decade ago I didn't Know he was only there for six months That's pretty crazy I thought certainly He was there longer than that ethereum Community continues to ignore the Advances that the Cardona network has Made over the years they just say oh you Know what it's vaporware it's not going To go anywhere yet it just keeps Continuing to press on It's a crime on that side of the fence To even mention cardano that's what Charles hoskinson tweeted he knows there Is deep beef and deep drama between These two projects and I believe these Are the two projects with the most Potential and pretty much all of crypto We don't need to hate anyone or develop Bizarre conspiratorial thinking in order To accomplish our goals the reality is Cardano doesn't need cryptocurrency To be successful in order for it to Succeed Charles has always looked at Google as his competitor not vitalik and Ethereum but yet he's always got some Very interesting comments for him so I Don't know uh here's Brian Armstrong Uncle Brian here he says we're hearing Rumors that the SEC would like to get Rid of crypto staying in the US for Retail customers I hope that's not the Case as I believe it would be a terrible Path for the U.S if that was allowed to Happen so here we have Brian Armstrong
Introducing this conflict onto Twitter About the SEC potentially going after Staking in the United States but the Question is is it going to be Centralized taking What about a Colorado staking pool it's Hard to know exactly what he's referring To definitely going to centralize Exchanges but does it go further and if It does well then that puts ethereum And carnano in the crosshairs is they Both use versions of proof of stake for Their consensus mechanisms but when he Tweeted this this was just a rumored Fast forward to the next day as easy Reaches 30 million settlement with Kraken as part of the agreement Resolving the charges Kraken said Thursday in a blog post that on top of The 30 million dollar payment it would Automatically then take all U.S client Assets that were a part of the program And then it's U.S customers would no Longer be eligible to participate in Staking staking in the associated Rewards will continue to be offered for Non-us customers so just we're left out Thanks Gary appreciate that let's see Here staking is a really important Innovation in crypto Armstrong tweeted Allows you to participate directly in Running open crypto networks staking Breeds many positive improvements to the Space including scalability
Staking is not a security so we're not Going to get too much into uh Kraken Here and what happened we talked about This last week and it was Brian Armstrong's tweet About Kraken in the SEC that prompted him to Make some pretty interesting comments About ethereum stadium look at in just a Second but speaking of ethereum is Taking here is self-custody versus Non-custodial you guys can see here Bitcoin cardano ethereum my opinion These are the top three coins they will Be when the dust settles But very interesting to look at the Difference between Bitcoin and cardano And ethereum 2022 reminded us that cell custody is Important you control the private Keys All the way across You have custody of coins Ethereum they're locked up into at least The Shanghai update Liquid are they liquid well no because You don't have custody of them you can't Get them out and then save for a Slashing well also doesn't have that Which you would think that probably most Coins are not worried about getting Killed in a slasher film but you know Whatever I'd digress the point is a lot Of the beef that some people are having With ethereum right now and it's taking
Program part of the merge and E2 is that You're locked up you can't get them off Some people would say it's kind of like A Ponzi scheme now there's a reason for That and the people who put the money on There knew that this was going to be the Case and they were eventually going to Be able to get access to their funds Once the network was up and running But still if you want to get your Ethereum off right now and you're in a Validator node you can't so therefore All these coins are totally out of Supply and cannot be moved around here's Over here check out bigboycrypto.com you Want to check out all of our socials you Want to check out our academy uh don't Forget to check out catching up to Crypto you just hit book right there Take it right there a couple more stops Left on the first official run of the Book tour Book Sales still going amazing You guys make sure to catch up to crypto By catching up to crypto here's what Charles actually said about this Ethereum's taking is problematic Temporarily giving up your asset to Someone else to have them get a return Looks a lot like regulated products Slashing in bonds not so good Non-custodial liquid staking on the Other hand is like the mining pools We've used for 13 years so here Charles Is bragging to vitalik basically in the
Ethereum community that cardano has Already been doing what ethereum is Trying to do in the future Cardano already with their staking pools Solves all the problems custodianship Uh being liquid the slashing the whole Nine yards so when Gary ginsmore comes Out against ethereum and says Ah now It's a proof of stake I don't know if It's good it's not proof of state that's The problem it's the way that ethereum's Staking was set up and if you know Anything about really ethereum or Cardano they both take way longer to Do the updates they say they're going to Do Then they said it was going to take see Consistently cardano running two or Three months behind often ethereum Running years behind often so we already Know that when ethereum holders were Told that they put their ethereum in Validator notes they would be able to Get it out approximately this date they Should have already known by the track Record of ethereum it was going to take Longer than that but a lot of people are Really really upset about that and Charles is really making the case for The SEC here for ethereum wood Charles Sell out ethereum and vitalik and help The SEC and give them a road map instead Of fighting on behalf of crypto I don't Know great question the blood runs deep
There Carter and founder Charles Hoskins And calls out ethereum's taking problem Logging funds encouraging digitalization And poor protocol design hurts the whole Industry Improved State protocols might get Lumped together due to a fundamental Misunderstanding about the actual facts Of operation The design of staking and spoken for Someone who definitely knows it's an Expert in blockchain one of the original Experts in blockchain Charles hodgkinson But he also knows he has a project and He needs this project To do better than ethereum he can tell You all day Google's our competitor But if it can't pass ethereum whether It's in market cap or at least in users Then how can it expect to take over Google I think it's a question we all Need to think about ultimately at the End of the day A series of event I believe is going to Occur In the next three years ethereum will Pass Bitcoin and market cap The next six to eight years Cardano or Ada will pass ethereum in my Mind these are probably the golden days For ethereum as the mergers just kicked In inflation has turned to deflation With ethereum no longer is the lack of Max applying a problem ethereum has
Great tokenomics and they're even better Now Carter on the other hand well we've had The opportunity to see what it can Really do in defy over the next year the Point is Both of these coins have great things About them they have great things about Their Network they have great leadership Great communities great developers great Goals great foundations really they Offer a lot of the same things but at The end of the day One of these projects will be the top Layer one imagine you go to a horse Racing you got a donkey you got a mule You got a zebra you got a a zonkey maybe Out there And then you got these two Majestic Racehorses Now you've got to pick Who you want to win well they're both Great if you pick the wrong one then You're going To lose but if there's 16 horses in a Race And you bet on both of the great looking Horses well you're probably going to win No matter what The point is this if you're trying to Pick between ethereum and cardano Between Ethan Ada You don't have to that's the lie that They tell you to believe
You should definitely in my opinion have Both of these in your portfolio because One of them is going to become the Ultimate winner you don't want to bet on The wrong horse all right that's all I Got be blessed way out Thank you
