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Joining the community discussion about burning #Cardano tokens, Input Output CEO Charles Hoskinson reiterated his position that this practice is useless. Hoskinson urged supporters of this concept to ask themselves why people are "consumed by idiocy and greed." Moreover, in his opinion, they should apologize to the Cardano #community for their ridiculous proposal. Since June 1, Cardano has been in a narrow trading range between $0.40 and $0.59, and as a solution, some community members suggested burning tokens in order to increase the deficit and provoke a price jump. However, Hoskinson explained that the #burning of tokens will require their holders to destroy their property, which, among other things, may be #staking. #ADA #burn #altcoin #CryptoCurrency

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