Main navigation

Cardano Founder Praises McDonald’s Crypto Twitter Involvement

Tue, 01/25/2022 - 10:35
article image
Tomiwabold Olajide
Cardano founder applauds McDonald's Crypto Twitter engagement
Cardano Founder Praises McDonald’s Crypto Twitter Involvement
Cover image via stock.adobe.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Read U.TODAY on
Google News

Cardano founder Charles Hoskinson seems quite happy with McDonald's recent Crypto Twitter involvement.

The American fast food since 1940 seems to be grabbing Crypto Twitter's attention after tweeting: ''how are you doing people who run crypto Twitter accounts.''

Varied responses to the tongue-in-cheek tweet flowed in as well as those from high-profile personalities in the crypto space such as the Cardano founder, Microstrategy CEO Michael Saylor, Binance, Coinbase and the like.

McDonald's came into the crypto limelight after El Salvador President Nayib Bukele changed his Twitter profile photo to an image showing him wearing the uniform of a McDonald's employee.

Nayib Bukele, whose country was the first to adopt Bitcoin as legal tender last year, changed his Twitter profile photo on Saturday to an image showing him wearing the uniform of a McDonald's employee after the recent market sell-off put Bitcoin down 47.15% since November. 

El Salvador President Nayib Bukele said on Friday that the country purchased an additional 410 BTC for $15 million as Bitcoin dipped. The El Salvadoran president further stirred up expectations when he posted a poll asking: ''Should I quit my job at McDonald’s and open a Bitcoin Burger joint?'' 

McDonald's started accepting Bitcoin in El Salvador after the tropical nation adopted the flagship cryptocurrency as legal tender.

Interoperability and scalability among Cardano's priorities in 2022

In a recent publication, Cardano Foundation highlighted its priorities for 2022, which include interoperability and scalability.

Presently, 199 projects are building on Cardano, and it is anticipated that this number might grow considerably in 2022 as the Cardano Trinity (Cardano Foundation, Input-Output and Emurgo), alongside wider ecosystem participants, continue to inspire and educate those outside its ecosystem.

As technical and integration teams grow and Cardano enters the next phases in its roadmap, Basho and Voltaire, interoperability and scalability remain a top priority, the Cardano Foundation states.

ADA, the native asset of the Cardano blockchain trades at $1.03 at press time.

article image
About the author

Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.