TL;DR
- Charles Hoskinson emphasizes that the long-term survival of Bitcoin and Dogecoin is due to the strength of their communities rather than just their technology.
- The Cardano founder also applauded the interest of major U.S. banks in creating a joint stablecoin, validating his long-standing prediction about mass crypto adoption.
- Technical analysts foresee a potential price rally for both Bitcoin and Dogecoin, supported by bullish patterns and renewed institutional interest.
During a recent appearance at a blockchain conference, Charles Hoskinson, the creator of Cardano, openly praised both Bitcoin and Dogecoin, not for their code or market cap, but for something far less tangible and far more powerful: their communities. According to Hoskinson, no cryptocurrency can endure without a solid, committed, and resilient user base.
“Doge will never die, Bitcoin will never die,”
he said, emphasizing that adaptability, governance, and active participation are essential pillars for a crypto project to thrive over time.
This perspective reinforces a growing sentiment in the blockchain world: cutting-edge technology alone is not enough. Without a vibrant and dedicated community, projects risk fading into irrelevance. In this regard, Bitcoin and Dogecoin—though conceived with vastly different intentions, one as a decentralized store of value and the other as a parody of traditional finance—share a crucial element: their people.
Traditional Banks and Cryptocurrencies: An Inevitable Convergence
At the same time, Hoskinson made headlines again with a simple but meaningful reaction on his X account to a Wall Street Journal report. The report revealed that major banks like JPMorgan, Wells Fargo, and Bank of America are exploring the joint launch of a stablecoin. Hoskinson’s response was:
“As predicted.”
For the Cardano founder, this is just another confirmation that the line between traditional finance and cryptocurrencies is blurring faster than most had expected.
This development coincides with recent progress in the U.S. Congress, where a new stablecoin regulation bill has passed an important legislative milestone. The bill could pave the way for a more welcoming regulatory environment. Meanwhile, companies like Meta and Ripple have already embraced the trend, Ripple launched its enterprise-focused stablecoin, RLUSD, in December 2024, aiming to set a new standard in the sector.
On the technical side, Dogecoin is forming a bullish “falling wedge” pattern, while Bitcoin continues to hold above $110,000. Analysts believe both assets are poised for positive price action in the coming days, signaling renewed investor confidence in legacy crypto assets.
Hoskinson, rather than focusing solely on his own project, seems committed to the broader growth of the crypto ecosystem. And in his view, the future belongs to the coins that have soul… and a strong community.
