{"id":166001,"date":"2024-05-13T12:28:25","date_gmt":"2024-05-13T12:28:25","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=166001"},"modified":"2024-05-13T12:28:28","modified_gmt":"2024-05-13T12:28:28","slug":"cardanos-hoskinson-warns-of-cbdc-threat-advocates-for-cryptocurrencys-role-in-economy","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/cardanos-hoskinson-warns-of-cbdc-threat-advocates-for-cryptocurrencys-role-in-economy\/","title":{"rendered":"Cardano’s Hoskinson Warns of CBDC Threat: Advocates for Cryptocurrency’s Role in Economy"},"content":{"rendered":"
TL;DR<\/p>\n
Cardano’s<\/a> founder, Charles Hoskinson, has issued a warning about CBDCs, concerned about their growing influence and the danger they pose to decentralization and financial privacy<\/strong>. Recently, Charles emphasized the importance of cryptocurrencies in maintaining governmental and corporate accountability.<\/p>\n Hoskinson stressed that the community should focus on the fundamental purpose of cryptocurrencies: creating a new paradigm of accountability for authorities<\/strong>, instead of getting sidetracked by minor debates such as taxes and regulations. He warned that ignoring the growth of cryptocurrencies could lead to CBDCs<\/a> becoming dominant<\/strong>, increasing government surveillance over citizens<\/strong> and limiting their financial privacy and freedom.<\/p>\n Reading is Hard https:\/\/t.co\/6VldHVsauN<\/a><\/p>\n — Charles Hoskinson (@IOHK_Charles) May 11, 2024<\/a><\/p><\/blockquote>\n\n