Im not a cryptographer, mathematician or a coder. I cant review or comprehend Cardanos open source and patent-free code. I cant gauge if its truly evolutionarily groundbreaking since it yet needs to be used and openly reviewed by the community, not just a select few from the elite scientific / cryptographic house of lords.
Which is why probably when I went through Cardanos website and documents it caught my interest it hit all the right notes! First crypto in highly secure Haskell, industrial strength, unit of account settlement layer, control layer for smart contracts, geared towards privacy protection rights of users, also taking into account needs of regulators, can evolve and adapt quickly without schisms by way of soft forks, 'multi-purpose modular and flexible proof of stake Ouroboros', airtight democratically governed blockchain model are just a few conspicuously outstanding statements.
Charles Hoskinson, CEO of IOHK someone I admire (his Udemy course on bitcoin was one of my early researches into crypto) tends to be politically correct which is good in the crypto sphere.
However when you wake up in the morning and see a half a billion dollar market cap ADA coin just jump in, launched on Bittrex - a highly reputable exchange at what I presume is over 10x the ICO price, you actually begin to wonder if Jamie Dimon and the other crypto-naysayers have a point.
Seeing as Cardano has some of the most respected members of the crypto-community, with a history of being through the ups and more importantly the downs; youd think theyd take care while launching onto a prominent exchange, because when half a billion dollars appear overnight at exponential pricing, people are going to lose money and get hurt. And calling them plebes who have to do their due diligence isnt something thats expected from such leaders of the community.
The space is unregulated and needs responsible leaders and community members alike, or else we continue to raise red flags to bodies like the SEC, have more China like ICO refunds, and lot of people losing faith in something as revolutionary and disruptive as blockchain and cryptonougat.