Bitcoin maximalist trashes ‘sh*tcoin’ Cardano – How did the community react?

ambcrypto.com:

Crypto-enthusiasts see Cardano with two different perspectives. One group has always had significant confidence thanks to the platform’s impressive developments. Developers have worked on scaling concerns, as well as fastened the speed of transactions and what not.

On the contrary, many others still consider Cardano a shitcoin. In doing so, this group targets the alleged lack of any real-life utilities.

Popular Bitcoin podcast host Peter McCormack falls in the second category, recently referring to the cryptocurrency as a ‘shitcoin.’

“Cardano is objectively a shitcoin,” the What Bitcoin Did podcast host tweeted on 7 March after pseudonymous Twitter user ‘ADA whale’ highlighted the host’s prejudice against the altcoin.

— Peter McCormack ☠️ (@PeterMcCormack) March 7, 2022

The aforementioned screenshot underlines two different narratives.

As per the one on the right, McCormack believes Cardano to be a ‘sham project,’ with the podcaster reiterating slurs such as “Even shitcoiners laugh at Cardano.” In a later tweet, he commented that his 4-year-old thinks nobody uses Cardano.

In addition to this, he asserted that Cardano shills are the “new Nano shills.” In fact, McCormack believes that the technology and supposed onboarding of 5 million Africans only justifies claims of Cardano as a “stupid shitcoin.”

What’s his point? Well, Cardano has been referred to by many as a cryptocurrency that has little to no value and no real-life utility. In fact, many have labelled Cardano as a “Ghost of Blockchains.” Others have slammed it for the reported lack of assets or dApps operating on the blockchain.

Even so, many in the Cardano community continue to support the blockchain.