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Cardano Founder Explains Why Not Donate ADA To Help Ukraine

Popular crypto tasks have created a stir after creating donations to allow Ukraine to fight its war with Russia. Now, the Cardano neighborhood feels the stress of not making this kind of move.

Cardano founder explains why not donate ADA to help Ukraine

As usual, founder Charles Hoskinson immediately posted a video to make his level clear. Hoskinson admits that he really appreciates the fact that well-known people in the crypto world like TRON founder Justin Sun, the CEO of FTX, Sam Bankman-Fried, Polkadot founder Gavin Wood have actively supported Ukraine with their initiatives. he himself wouldn’t be absolutely sure if he would commit a few million dollars in ADA to allow it.

The rationale provided by Hoskinson is that it is uncertain whether the assistance will be used solely for the welfare of citizens or will be administered by the Ukrainian “puppet political regime” in the long term, with a preferential message that “It is easier to educate a boy to fish than give him a fish. Instead, she advised that the Cardano neighborhood could donate to help Ukrainian refugees in other nations. At exactly the same time, the founder of ADA warned:

“Given the nature of cryptocurrencies, if Ukraine were to be fully invaded, wallets containing donations in Kiev would essentially cease to exist and the government could tell the world that the keys to the wallet have been lost. Or those who know them are dead. But in reality, they most likely steal them for their own purposes. “

However, there was substantial stress on the crypto task leaders in this donation. Especially after the event where the Ukrainian government decided to pass on the community in gratitude for the permission, the number of cryptocurrency donations to Ukraine skyrocketed on the exact same day. However, Ukraine at some point announced the cancellation of the airdrop, an action that made the benefactor truly incredibly “dissatisfied”.

For example, the founder of TRON, Justin Sun, expressed his disappointment and made it clear that the Ukrainian government should express its gratitude to the supporters of this airdrop.

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