{"id":166863,"date":"2024-05-31T13:59:27","date_gmt":"2024-05-31T13:59:27","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=166863"},"modified":"2024-05-31T13:59:30","modified_gmt":"2024-05-31T13:59:30","slug":"cardano-controversy-intersect-rejects-ada-payments-charles-hoskinson-promises-to-intervene","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/cardano-controversy-intersect-rejects-ada-payments-charles-hoskinson-promises-to-intervene\/","title":{"rendered":"Cardano Controversy: Intersect Rejects ADA Payments, Charles Hoskinson Promises to Intervene"},"content":{"rendered":"
TL;DR<\/p>\n
Cardano<\/a> founder Charles Hoskinson has pledged to address issues related to payments in ADA<\/strong>, the platform’s native cryptocurrency. Concern arose when it was revealed that Intersect<\/strong>, a key entity in the Cardano ecosystem, did not accept ADA payments<\/strong>, opting instead for fiat currencies.<\/strong><\/p>\n Intersect plays a fundamental role in the development and governance of Cardano<\/strong>, leading to questions about its commitment to integrating ADA within its ecosystem<\/strong>. The initial decision to limit payment options caused confusion and frustration among users, who consider internal adoption of the cryptocurrency crucial for its ongoing success.<\/p>\n This deeply concerns and surprises me. I'm going to immediately request an explanation from the board as a member of intersect.<\/p>\n — Charles Hoskinson (@IOHK_Charles) May 31, 2024<\/a><\/p><\/blockquote>\n\n