Charles Hoskinson talked about the Bitcoin law or El Salvador and explained how it will increase the adoption of crypto in the whole world.
Charles Hoskinson, CEO and founder of Cardano project, appeared at YouTube on the matter of El Salvador’s Bitcoin law. And claimed that this is the win of the crypto community and adults holding crypto is the future, this is what crypto space needed.
In the beginning of the video, Charles Hoskinson said adoption of bitcoin by El Salavador will give control of the Money that people own.
Further Charles Hoskinson said that, in the present time most of the people who are at the age of 25 are holding crypto assets and when they grew up with their holding and value of their holdings assets will increase then the next generation will be able to see crypto as money. And that’s what we need.
And then, Charles Hoskinson said that new countries will now adopt Bitcoin like El Salavador, especially Latin American countries.
“In the coming years, many more nation-states will use crypto as part of their monetary policy, either as reserves in their central banks or using cryptocurrency rails for central bank settlements, or potentially just simply taking a cryptocurrency — as El Salvador has done — and make it the national currency.”
It should be noticed, this is not only Charles Hoskinson, who thinks that other countries will follow El Salvador’s footsteps. Already some international personalities predicted it.
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