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Cardano (ADA) Founder Charles Hoskinson Says Bear Market Makes Crypto Industry Collaboration Easier – Here’s Why

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  • Cardano Founder Charles Hoskinson believes that the bear market is creating an opportunity to build regulatory frameworks for the crypto market.
  • “I think people are very tired. Bear markets are much easier to collaborate in than bull markets”, said by Hoskinson.
  • Hoskinson clarified that the crypto industry is going to be a trillion dollar industry. This is producing million dollar job opportunities for solidity developers, web architects, graphic designer and so on. 

Charles Hoskinson’s Statement

“It’s in the vacuum of leadership that leaders can form and so the challenge for us in the next 12 months to 24 months is to set the differences aside and move on and get to higher water and I think we can.”

With these words, Cardano Founder Charles Hoskinson believes that the bear market is creating an opportunity to build regulatory frameworks for the crypto market.

Hoskinson says that due to the crypto prices being low,the audience is more likely to talk about the issues regarding the crypto industry. 

“I think people are very tired. Bear markets are much easier to collaborate in than bull markets”, said by Hoskinson.

ALSO READ – Polkadot Price Analysis: DOT Consolidating the Lowest Level, Muster The Bulls and Bears

The Future Of Crypto in America

The aim is to have real conversations about the policy, sanctions, and frameworks about crypto. This is a very important issue, as we are amid a bear market.

Hoskinson stated that the government needs to collaborate with people in order to make this work.

“The United States can’t keep living as if the world ends and begins at its borders. The United States can’t keep living with this perspective that it can regulate everybody, everywhere, every time and has absolute say in the movement of all…”

Hoskinson clarified that the crypto industry is going to be a trillion-dollar industry. This is producing million dollar job opportunities for solidity developers, web architects, graphic designers and so on. 

The entire nation will be at a loss if they decides to treat crypto as an antagonist technology.

Nancy J. Allen

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