Cardano creator Charles Hoskinson believes that the real battle in the digital asset space is between cryptocurrencies and central bank digital currencies (CBDCs). In an interview, he warns of the dangers of CBDCs and emphasizes the importance of decentralized crypto. Hoskinson argues that the game is not about Ethereum versus Cardano or other specific cryptocurrencies, but rather about crypto versus CBDCs. He points to examples like China’s social credit system and the potential for transaction discrimination and exclusion based on political beliefs or government decisions. Hoskinson asserts that legitimate crypto projects are the opposite of CBDCs and are fighting to uphold principles-based financial and economic systems. He acknowledges that it is difficult to predict which specific protocol will prevail, but believes that the adoption of these principles and philosophies will ultimately be the vindication for the crypto industry.

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Information	Details
Geography	Global
Countries	🇨🇳
Sentiment	neutral
Relevance Score	1
People	Charles Hoskinson
Companies	Input Output Global
Currencies	Cardano
Securities	None