Charles Hoskinson Replied to a Critic and Explained Why His Limited Expertise in the Healthcare Sector Is Still a Significant Benefit for Humanity in America

Charles Hoskinson is the founder of the Cardano (ADA) blockchain. After leaving the Ethereum blockchain project in 2013, he worked on a Proof-of-Stake (PoS) consensus-based programming language called Plutus to develop and launch the Cardano blockchain in 2017.

Charles Hoskinson, the founder of Cardano (ADA), recently highlighted the benefits of his limited healthcare experience in operating a clinic in the United States. Here's a summary of the backstory and his response to criticism:

Charles Hoskinson, the mind behind the Cardano (ADA) blockchain, ventured into a new domain in 2023 by establishing a healthcare clinic named "Hoskinson Health and Wellness Clinic" in Wyoming, U.S. The clinic notably accepts ADA cryptocurrency as an optional payment method.

In a recent update, Hoskinson announced the addition of a new doctor to his clinic, sharing a photo of the doctor with the caption "Our newest doctor!"

A crypto X (formerly Twitter) user shared this news, indirectly criticizing Hoskinson's lack of experience in running a clinic. The user's comment reads, "I'm sorry ... But what qualifications do you have to run a clinic? Patient care is not a business venture."

In response to this criticism, Hoskinson highlighted the pressing issue of inadequate and unaffordable healthcare infrastructure for low-budget populations in the United States. He emphasized that his clinic is independent of the monopolies that currently dominate the healthcare industry and aims to provide accessible and affordable medical services to those in need.

"Private equity groups and mega corporations took over most hospitals and large clinics in America. My clinic is one of the first physician family owned and operated multispecialty practices to be started at scale in decades in the United States," Hoskinson explained.

In a follow-up tweet, Hoskinson clarified that the clinic's Chief Medical Officer is his brother, who is a board-certified internist with extensive knowledge and experience in the medical field.

"Our chief medical officer is also my brother, who's a board certified internist and much smarter than me," Hoskinson added.

As of 7 September 2024, the trade price of ADA coin, the native cryptocurrency of the Cardano blockchain network, is at $0.33, showing an increase of 3.35% in the last 24 hours.

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