Charles Hoskinson, the founder of the Cardano network, has made a rather bold claim that he rebuilt Wall Street.

Finance is what he does for a living and he rebuilt Wall Street on a blockchain in the process, the entrepreneur said in a heated exchange on X.

What triggered Hoskinson's claim?

Recently, Hoskinson asked his one million followers on X if he should record a video on working on the global financial system and how they all are all "debt slaves."

A user simply responded that he would rather listen to an economist on the subject. The response made Hoskinson retort with the claim that finance is literally what he does for a living.

In fact, he went on to claim that he makes decentralized central banks and he rebuilt Wall Street on a blockchain.

While Wall Street epitomizes traditional finance, a blockchain-based economy is the foundation of decentralized finance. However, comparing the two is unfair as the former is centuries old and the latter is barely more than a decade old.

This is exactly what a user pointed out, to which Hoskinson responded that he has built four blockchains.

• Ethereum

• Cardano

• Midnight

• BitShares

'You do understand what I do for a living?'

Hoskinson's viral post triggered a wave of responses from the crypto community, and not all of them turned out to be kind.

Cardano rival Solana posted its own version of Hoskinson's post on X.

A crypto user mockingly asked if Hoskinson is behind Hyperliquid. Notably, Hyperliquid has emerged as the pre-eminent decentralized crypto trading platform.