Express

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

Last Update:

Tags: ,,
Link: Cardano (ADA) Founder: Crypto Space Will Replace the Traditional Financial System   [Copy]
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 2 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 6 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 8 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 10 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 13 days ago
  • You need to login to comment.