The crypto market is now growing and becoming more in demand around the world, with Cardano founder Charles Hoskinson discussing the advantages of crypto as a solution to some of the problems that arise in the system. world economy
The founder of Cardano said the problems in the economy were multifaceted:
“Billions of people have no economic identity. There are inequalities everywhere. Some are very difficult to get a loan and in Africa the interest rate is 5% for microfinance. This is the problem with us.”
He said the crypto industry will address the economic recession and other problems posed by traditional finance. And did not come to replace the system that works that are already good.
Mr Hoskinson often comes out to share his views on various issues. It has been a frequent occurrence in the crypto industry that has sometimes caused him to be harshly criticized. Especially when he made his personal comments in the Ripple and SEC cases.
Hoskinson recently discussed three principles that will be the metrics of decentralization in the crypto industry: flexibility, control, and reliability.
As of now, the ADA price has recovered more than 6% in the past 24 hours to around $0.41, with analysts suggesting that the ADA price may hit $50 by the end of November 30, 2022.
source LINK