Charles Hoskinson: Cryptocurrencies – this is a political movement

The creator of Cardano (ADA), Charles Hoskinson, suggested that all participants in the cryptocurrency market are part of thepolitical movement.

June 5th during Hoskinson’s youtube broadcaststated that in order to change the traditional financial system, the community will have to make huge efforts. He also called on people to oppose the strengthening of regulatory measures to combat encryption and confidential networks.

During the stream, Hoskinson called cryptocurrency “a political movement”:

Cryptocurrencies are politics in its purest form.We are reinventing the concept of money.We will take control of the money away from the government and control it ourselves.

He also noted that future applications of blockchain technology will go far beyond the financial field:

Not only money will change, everything will change. Trade will change, property rights will change, business, laws and business models will change.

Recall that last week the price of Cardano rose by 60% after the announcement of Charles Hoskinson about the imminent launch of the Shelley update.

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Based on materialscointelegraph.com