Cardano's mission is tied to utility

It is said that Bitcoin is 20% technology and 80% religion. So is it true that Cardano is 80% technology and 20% religion? This would be a gross oversimplification, but there may be some truth to it. The missions of the two projects are different, so it makes sense that different paths lead to adoption. Let us examine this phenomenon from many different angles and in different contexts.

TLDR:

  • The Bitcoin community is paying more attention to coins. The Cardano community is more focused on technology and the network.
  • The legitimate market capitalization usually reflects the actual utility. Market capitalization can lag utility.
  • Bitcoin seems to be a better project for dealing with inflation, while Cardano is better suited for dealing with the problem of the existence of inefficient third parties.

This article was prepared by Cardanians with support from Cexplorer.

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