Technology

The founder of Cardano criticized a European Union politician for likening cryptocurrency to drugs in light of the banking crisis.

Charles Hoskinson, the founder of Cardano blockchain and a billionaire mathematician, has criticized central banks and politicians for blaming cryptocurrencies

The founder of Cardano criticized a European Union politician for likening cryptocurrency to drugs in light of the banking crisis.
Image preserved from the Inside Crypto archive

Charles Hoskinson, the founder of Cardano blockchain and a billionaire mathematician, has criticized central banks and politicians for blaming cryptocurrencies for the recent banking crisis in the US. Hoskinson advised the crypto community not to be swayed by such claims and recommended that they keep a list of anti-crypto politicians to vote for crypto-friendly candidates during elections. He commented on an article by a former finance minister of Belgium who compared cryptocurrencies to drugs and called for their strict ban in light of the banking crisis. Meanwhile, Yuri is a crypto journalist and enthusiast who believes in the transformative potential of blockchain and cryptocurrencies. He has written for several crypto media outlets and his articles have been quoted by prominent crypto influencers.