Charles Hoskinson from Cardano expects cryptocurrencies in Afghanistan to play a larger role - News Bitcoin News
Charles Hoskinson from Cardano expects cryptocurrencies in Afghanistan to play a larger role - News Bitcoin News
The founder of Cardano and co-founder of Ethereum, Charles Hoskinson, says that he expects cryptocurrencies in Afghanistan to "play a bigger role" in the middle of the war.
Charles Hoskinson sees a greater role of cryptocurrencies in Afghanistan
Charles Hoskinson, the founder of Cardano and co -founder of Ethereum, said in an interview with CNBC on Tuesday that cryptocurrencies in Afghanistan will probably play a greater role, and referred to the increasing need for more privacy.
The Cardano founder believes that there will be a continued civil war in the country and "the remains of the Northern Alliance were already formed and they will need resources". He found that "in contrast to the last time in the 1990s, when this happened, cryptocurrencies are now there", and explained:
I believe that this time cryptocurrencies will play a greater role in Afghanistan, in the war for and against the Taliban troops.
The Pentagon announced on Monday that the USA completed its retreat from the airport in Kabul, Afghanistan, and thus a 20-year conflict that started shortly after the terrorist attack of September 11, 2001, ended effectively the country that wanted to leave Afghanistan but could not.
Hoskinson described:
It will be really interesting to see how this is integrated into state art and how this is integrated into the resistance against a regime that clearly does not care about the rights of many people and clearly wants to introduce a theocracy that more into the 13th century than in the 21st century.
The acceptance of cryptocurrency and Bitcoin has increased in Afghanistan, especially during the recent shortage of cash.
The 2021 Global Crypto adoption index, compiled by the blockchain data platform Chainalysis, shows that Afghanistan 20 from 154 countries. In comparison, the United States ranks 8th in the index. The country with the highest rank in the introduction of cryptocurrencies is Vietnam, followed by India and Pakistan.
Do you agree to Charles Hoskinson on the role of crypto in Afghanistan? Let us know in the comment area below.
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