“It’s A Rerun Of 2008”: Charles Hoskinson 

Charles Hoskinson Says This Is A Rerun Of 2008 Crisis

In an interview with Fox Business, Cardano founder Charles Hoskinson defended crypto against banks.

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Talking about banking regulations, Hoskinson said that we have seen this story in 2008 and this is the rerun of that.

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Hoskinson pointed out how the US is lagging behind in crypto regulations as compared to Europe and Asia.

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Cardano founder blamed macro economic factors and the political turmoil for the current red market.

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He further compared how the USA had $373 billion in tied up assets as compared to over $500 billion in 2023.

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Compared to banks, Hoskinson said things are more simple and pure in crypto.

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