Crypto is about so much more than profit. In a speech at BinanceBlockchainWeek, Cardano founder IOHK_Charles says, “If you’re just here to make money, you lose all the things that make the technology special.”
Cardano founder Charles Hoskinson gave a keynote speech on the first day of this year’s Binance Blockchain Week, held at the Dubai World Trade Centre in the United Arab Emirates.
Addressing the audience, Hoskinson used his keynote to discuss topics like Bitcoin , Web3 and philosophy, bringing up topics like what happens next when the community moves forward from the comfort of Bitcoin and toward centralization. “As blockchains become more advanced and more powerful, we have to start making some difficult and uncomfortable philosophical decisions.”
The CEO raised questions about Web3 and what the lines are between decentralization and regulation. “At what point do you cross the threshold where you’re no longer decentralized? You’re no longer the arbitrator of trust?” asked Hoskinson of an audience made up of blockchain enthusiasts from all over the world.He pointed out that since regulators have started to look at blockchain, questions that did not used to be considered have started to surface.
Apart from this, Hoskinson also emphasized the importance of focusing on blockchain technology and not just the profits. He underscored that blockchain brings fairness and equality to everyone, giving smaller entities a fighting chance.Related:
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