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Cardano (ADA) Founder: Crypto Space Will Replace the Traditional Financial System

Amy Liu

Summary: Cardano founder Charles Hoskinson has revealed he believes the cryptocurrency space will take over the traditional finance system and change the world in the near future thanks to the innovation within it. Hoskinson also said that while cryptocurrencies may still be in their infancy, he sees the industry mature quickly and said that over the ...

Cardano founder Charles Hoskinson has revealed he believes the cryptocurrency space will take over the traditional finance system and change the world in the near future thanks to the innovation within it.

Hoskinson also said that while cryptocurrencies may still be in their infancy, he sees the industry mature quickly and said that over the next 10 years “there’s going to be more advancement in monetary policy from our industry than the last 100 years of central banks.”

Hoskinson also believes that while the cryptocurrency market has largely been following BTC’s price movements, some projects may decouple from the flagship cryptocurrency this year. He said the industry is the “antidote to the excesses, corruption, and nepotism that we found.”

By Amy Liu

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