The founder of the Cardano blockchain project, Charles Hoskinson, responded to the Federal Reserve's plans to pour into the US financial system«infinite quantity» dollars, comparing fiat currency with one of the largest cryptocurrency scams.
«I'm not sure I like this [dollar] coin. It exudes the real atmosphere of OneCoin»,— wrote the CEO of IOHK, the Cardano developer.
This is how Hoskinson commented on the interviewMinneapolis Fed President Neel Kashkari on «60 Minutes» CBS television company. The discussion was about tools that the regulator can use in confronting the economic crisis provoked by the coronavirus epidemic.
The official announced the regulator's intentionsprint as much money as is necessary to provide liquidity to the banking system. First, the money will appear in electronic form, and then in physical form, Kashkari specified, mentioning the «infinite amount of cache» at the Fed.
«We will do everything necessary to make sure that there is enough money in the banking system»,- he assured.
According to him, the Fed took into account the mistakes made in responding to the crisis of 2008, when it acted not fast enough and on a large scale.
Earlier, Hoskinson announced the death of the world economic order of the XX century.
About the unfinished history of multi-billion dollar scam with which he compared the US currency, read the ForkLog magazine article:
The Scam of the Decade: How the Doctor of Law organized the OneCoin pyramid and went missing with billions of euros
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