Charles Hoskinson is predicting the nation states will be adoption ADA in the next 5 to 10 years. Check out the latest reports about this and the fact that there is a catch in this whole issue.
Charles Hoskinson predicts ADA adoption
Cardano creator Charles Hoskinson predicts that more and more states will soon adopt ADA. The smart contract platform will reportedly be adopted within the next decade if anti-crypto forces will not be getting in the way, according to the latest reports coming from the online pubcalition the Daily Hodl.
“I can see a path within five to 10 years that you can run a nation-state on technology like Cardano. I can see that happening.”
He continued and said: “I can see a path where Cardano could be used to run a national identity system with principles. Or a payment system with principles. Or a CBDC [central bank digital currency] with principles that protects you. I can see that path.”
He continued and said this; “And if left undisturbed, there are enough resources alone in the Cardano ecosystem to actually facilitate and grow that. It’s inevitable. We have the decentralized brain. We have the community. We’re growing at a rapid rate. We’ll wake up in five or ten years and there’ll be tens of millions of people. And those people will be engaged and enabled and have a treasury necessary to be able to carry that out and find those use cases and wire that in.”
Bitcoin makes headlines following important announcement
It’s been reported that the Bitcoin whitepaper is speeding down a Formula 1 racetrack in Melbourne this weekend.
Kraken, which earlier this week announced that it was partnering with Williams Racing to become its first-ever official crypto and web3 partner, is placing the opening excerpt of the nine-page document on the team’s cars that will be competing at the Australian Grand Prix.