The C 🇦🇺

@ThirdDegree_OG @copiboar @IOHK_Charles @HolgerCardano24 I agree it was confrontational, if that’s the entire reason for the backlash the it’s easily fixable. I mean is that what the entire issue is really about? I’m on your side, I want Cardano to win. Just following logic here

@TheC_Crypto @copiboar @IOHK_Charles @HolgerCardano24 I think everyone read the intent clearly including Charles and the behavior that ensued from both Navjit and Holger was clear as day. There was nothing but ill intent from the start of it coming from them. It’s time to just be adults and face the facts of the situation..

Having self-respect and asking for a basic decorum isn't walking back calls for unity, it's common sense and the foundation of progress. You cannot say I'm a criminal, evil, narcissist, the enemy of Cardano, destroying the chain, and then harass and abuse anyone who supports me, then ask for peace without making a serious pivot and concession. Once we get a full apology and retraction from Navjit and his CTO, there will be no dialogue or engagement.

@ThirdDegree_OG @copiboar @IOHK_Charles @HolgerCardano24 Oh you mean the choice of words? Yeah I def agree with u there, but the question still hasn’t been addressed. IMO, I feel like Charles was more offended by the question, not the wording. Unless I’m mistaken

@TheC_Crypto @copiboar @IOHK_Charles @HolgerCardano24 The conflict of interest part is not the issue. It was the approach and ill intent behind it as I mentioned above. It’s undeniable. “I feel there may be some conflict of int. Can we please have an open discussion” .. same message different approach and intent. His was malicious.

@agnif1127 @RealSaidov Yeah, anyone that wants to access the treasury needs permission from fellow $ADA dreps & delegators

@TheC_Crypto @RealSaidov So Charles does need permission? I’m confused….

Wow. This is powerful. I think #Cardano will emerge from this episode as a new chain. Remember, Cardano can survive without IOG. Not sure the reverse is true.

@thr33str1kes @IagonOfficial @NaVi_GaT0R @Holgar @HolgerCardano24 I got ya mate 🤜

Looking to connect with more @IagonOfficial supporters. It's time we come together more than ever. New account same Three! @NaVi_GaT0R @holgar @HolgerCardano24

@ThirdDegree_OG @copiboar @IOHK_Charles @HolgerCardano24 If someone tagged me and said I have a conflict of interest. I’d simply explain why I don’t have a conflict of interest. It’s only “damaging” if in fact there is a conflict of interest. I really don’t understand how the question from Nav is this massive scary attack 🤷

@LeHeresiarch @copiboar @IOHK_Charles @HolgerCardano24 “Time to call out people for their conflicts of interest” tagging them is 100% confrontational and abrasive in approach. Especially given the context that it was on a competitors proposal. Then look at their behavior following afterwards, full blown smear tactics. Disingenuous.

@agnif1127 @RealSaidov Right, permission-less means nobody needs to ask permission from a central entity. It also means that central entities MUST ask for permission from a decentralized netork of representatives.

@TheC_Crypto @RealSaidov Good point. But permission-less means permission-less doesn’t it?

@BtcPhenom That's some level-headed thinking. As long as the fundamentals of a project continue to be solid, the more painful it feels to buy, the better.

With how my sentiment towards $iag is rn prob a good time to buy more tbh

Things I thought I’d never say… $iag is the worst hold I ever made. It just goes lower every day. No recover candles nothing. Just downnnnnn! $ada $snek $strike $surf $night Hoping for a comeback but it ain’t looking good. 120k ada poof gone in a flash.

@agnif1127 @RealSaidov You forgot that the car was built under the premise that everyone can drive it, so it’s more like the mechanic ripping the keys out of everyone’s hand and saying “only I know how to drive this”

@RealSaidov Imagine being a mechanic and building a car from scratch then someone comes along and rips the keys out of his hand and says… “Im driving “. Permission-less, aren’t we?

@TheRealWeb3Kat @yeaookk But if they don't have a conflict of interest, it should be completely ok, & even welcomed. If I got singled out & could prove there was no conflict of interest, I'd be more than happy to do so. They are all public figures, so tagging them is definitely not infringing on privacy

@yeaookk We'll have to disagree on that, I do think singling individuals out when in reality it's a systemic issue that needs to be addressed, constitutes a targeted, personal campaign that also included coercive pressure about how to vote.

A short timeline. Just what happened, in order. Decide for yourselves. 1. A DRep (@NaVi_GaT0R) asked whether DReps with paid IO-linked roles should abstain on IO's treasury proposals. A normal conflict-of-interest question. 2. Charles did not answer the question. He went after Iagon - publicly, repeatedly, over days, to his 1M+ follower account, with IO employees and IO-aligned accounts amplifying. He said Navjit had "lost the plot," called the concern "objectively wrong," and publicly stated Iagon's leadership should be replaced or the project could collapse. 3. IAG fell ~32% in 24h. Holders - who are also ADA holders - lost real money. 4. As IAG was crashing, the price-crash chart was posted at Charles. He replied with a video clip of Bane: "Your punishment must be more severe... not of your body... of your soul." 5. Charles began describing the conflict-of-interest question as an "attack on his ambassadors." It was not. No ambassador was attacked. A DRep asked, in public, whether DReps with paid IO ties should abstain on IO's proposals - a standard governance question. Reframing a question as an "attack" is what made everything that followed look justified. 6. On that false premise, Charles hosted an X Space and said, about the token holders of a project in his own ecosystem: "I don't give a shit about your token holders... I don't give a shit about your bag holders... If you attack my ambassadors, I will burn you to the ground." He also said the way out was to "apologize" and "back the fuck off." 7. When a community member said I was "obsessed," Charles replied that I have "CDS," that it is "incurable," and that people should "let him go." CDS - Cognitive Dysfunction Syndrome - is a veterinary diagnosis: age-related dementia in dogs and cats. So a sitting DRep raising sourced concerns was described in the language a vet uses for a deteriorating animal. 8. Charles then posted a unity video: the only thing that can destroy Cardano is internal fighting. 9. When some Japanese DReps voted against IO's research proposal, Charles posted directly to the Japanese community: if the proposal did not pass, "Cardano will lose its scientists" and "our lab will be forced to close." He then asked the community to "delegate to dReps who support Cardano's research agenda" - in other words, to move voting power away from DReps who voted the wrong way. When that pressure did not deliver the result, the threat hardened: approve the proposal, or be responsible for ending Cardano's research entirely. Only after this also failed to work did the tone suddenly soften. 10. As hundreds of holders engaged with these concerns, Charles shifted tone - "#strongertogether," inviting conversation. 11. I took that at face value. Then I did something he never did. After he attacked Iagon, after the "burn you to the ground," after his words helped wipe ~32% off a token held by thousands - I was the one who extended a hand. I publicly offered him a private, no-recording, one-on-one call. Man to man. Not for me - for the ecosystem. The person who was attacked took the first step toward peace. 12. His public answer to that olive branch was the pattern again, in one post. He said: "Tell him to go to hell." He demanded I issue "a public apology FOR EVERYTHING he said" before he would even speak. He said: "You don't treat me like a human toilet." And then, in the last three lines: "He's trash. Everyone can see it now. We move on." Read that ending again. I offered him a private, calm conversation - and his response was to call me "trash" and tell the audience that this proves something about me. He attacked, and in the same breath framed the attack as evidence against the person he attacked. That is the reversal in its purest form: be the aggressor, then announce that the aggression exposes the victim. That is the sequence. I offered a calm, private conversation - and that was the response to it. One more thing worth seeing plainly. Not days apart. The same afternoon - roughly two hours between these two posts. First, in public, to the ecosystem: "Cardano is alive. The community is engaged... You are not passive holders. You are owners." "Let me show up the way I should." "I am inviting all of you to sit down and have a real conversation." "I am 100% focused on Cardano and Midnight. #strongertogether" Roughly two hours later, to me, after I publicly offered exactly that - a private, calm, one-on-one conversation: "Tell him to go to hell." "Have him issue a public apology FOR EVERYTHING he said." "You don't treat me like a human toilet." "He's trash. Everyone can see it now." That is the gap. "Stronger together" for the audience. Two hours later, "go to hell" and "he's trash" for the person who took him up on it. A real invitation to talk does not come with a demand to grovel first - and it does not curdle into "go to hell" within the same afternoon. Look at the whole shape of this. He attacked. He did not answer the question - he went after the people who asked it. When the damage was done and holders were losing money, he posted about punishment and souls. He said in public he would burn people to the ground. He pressured an entire national community to vote his way or be blamed for the end of Cardano's research. And then, step by step, he became the victim. The question became an "attack." The critics became aggressors. The man with 1M followers and the treasury proposals became the wronged party defending the vulnerable. When I - the one who was attacked - offered peace, he framed himself as the one owed an apology, and called me "trash" for asking. That reversal has a name: DARVO. Deny, Attack, Reverse Victim and Offender. It is not a diagnosis. It is a pattern, and the record above is the pattern, step by step, in his own words. So the practical question stands: Is this conduct - the attacks, the Bane clip aimed at people losing money, the "burn you to the ground," the pressure on the Japanese community, the false "victim" framing, the rejection of a good-faith olive branch - the conduct of someone who should be trusted with hundreds of millions of ADA from the community treasury? Cardano does not have a "leader." It has a community, a treasury, and contractors who ask that community for funding. IO is one of those contractors - currently asking for hundreds of millions of ADA, with a track record of missed timelines. A contractor asking the community for money does not get to attack the members of that community for doing the exact thing the governance system was built for: participating, voting, and asking questions. Respect for ADA holders is not optional for someone requesting their treasury. It is the job. Screenshots of every quote above are attached. Read them in full, and decide for yourselves.👇👇👇

@Nemo13 @NaVi_GaT0R Re-followed btw. Great to you mate

@TheC_Crypto @NaVi_GaT0R Yup correct

Healthcare is a great sector to work in. Should we tell the Radiologists that they are being paid less than....

@OzDefi @ManuelOnchain Yeah I understand, but this is what's happening already. Becoming a dRep puts everything out in the open. From a PR aspect it would be much harder to vote for his own projects if he has to disclose which ones he is actually invested in (which is currently not public knowledge).

No, the conflict of interest is too great. He can easily profit off of yes votes supporting strictly IO projects and voting no on every other competitor. And without proper transparency that is the standards for other teams to show it is not fair. This is governance theater. This is not decentralization.

Do you support Charles been a Drep? Will you delegate your $ADA to him?

@ManuelOnchain Yes... I think it would be good to make public how much ADA he actually holds (as it would be used for self delegation). People say he would be able to influence votes more, but that's what's happening now, so might as well make it public, and subject to conflict of interest.

@Nemo13 @NaVi_GaT0R I honestly think that this info should be made available if salaries are paid directly from treasury. If IOG can prove that salaries are not paid by the treasury, then they have every right to keep those figures internal. Otherwise, I don't see any reason to keep it under wraps

@NaVi_GaT0R Anyone has a full list of every researcher on a payrol and what they are researching ? Shouldnt it be mandatory for a public chain with public governance to provide that ?

@ergonautgg @masatoalexander @VivalaCoinBTC Until they announce they’re a dRep, their opinions won’t lead to much (unless I’m mistaken and they’re already dReps?)

Cardano should really listen to voices like @masatoalexander @VivalaCoinBTC more and realize the people have more control than they think. Charles is desperate and doesn’t have many cards left to play. He really is bluffing more than you realize. Pushback is working.

@MoCapital_0x Chart woke up with morning wood 🪵

Fak! When was the last time you saw a daily candle like this on… #Cardano

@adamKDean @IOHK_Charles @angrycryptoshow Beautifully said 👌

To be honest and frank, I thought you would be secretly happy if at least a few of the IO proposals didn't get funding. Because it would mean the governance system you had helped design and bring to fruition was actually working and you really were "Charles the Community Member" versus the king/CEO of Cardano. Project Catalyst predicted precisely this friction for the past 5-6 years. All of us who had to go and compete for scarce resources have, in our turn, been called all sorts of names from scammer to grifter to receiving threats of violence and death. Most of us truly believe the things we were proposing would meaningfully improve the Cardano ecosystem. Most of us were wrong most of the time. Probably all of us have had to make the hard decision to let contractors and employees go when we could no longer afford them. We've all also invested heavily of our time, energy, and personal savings because we believe in the mission; even if the numbers are orders of magnitude different, the relative scale of impact remains. A lot of people are in an austerity mindset right now because many of us have been already stretched thin and doing our best to make it work and clearly every year will remain a competition for a finite resource. But, we're all still here. That can't mean nothing. We never started down this path thinking it would be easy. Also, I apologize for responding in such a way to this clip taken out of context. I have great respect for you and the things you've built here and elsewhere. I hope you and IO remain as valued contributors to the Cardano ecosystem for many years to come. Not every no vote is a "No to Charles" or "No to IOG", it could very well be just a not right now. I'll promise to try and do better with my relatively small platform. But I won't stop asking critical questions when I think they're warranted, I'll just try to be less adversarial in my tone and open to hear both sides of the argument.

JUST IN: #Cardano $ADA Founder Charles Hoskinson says "this governance brings out the worst in people, and it's not doing Cardano any service, it's getting in the way of people putting a vision and a roadmap together, it really is."

@CheekyCrypto You betcha

Show your commitment! Are you still an ADA believer? 🚀 #ADA

@Yabba900 In like Flynn

$Surf is an easy buy It will trade at 1 $Ada or above again this year Tell your friends to get in early, if not who cares One way 🚀

@GilbertStClr @BigADA244

@TheC_Crypto @BigADA244 We will see. My bet is that his attempt at a dRep will backfire resulting in him resorting to the same threats to get his way. The hole will only get deeper until the walls collapse. At which point we can finally start rebuilding.

CH to become a dRep? How much $ADA voting power would he have? Then vote on his own IO proposals along with Phil and others (this is exactly why the conflict of interest question was asked)? If you can't see where this is going, I encourage you to read between the lines, please!

@DanielTetsuyama This…… I like

Keep seeing all this drama about how to resolve governance issues in Cardano. To me, the solutions are extremely obvious: 1. Hunger Games: Treasury Royale 2. Thunderdome: Two Proposals Enter, One Proposal Leaves 3. Mortal Kombat: Governancilation