Former COO of Cardano warns about bias in the United States' cryptocurrency reserve strategy.

robot
Abstract generation in progress

The debate about America's digital asset vault often prioritizes domestically developed cryptocurrencies.

Jerry Fragiskatos, former COO of Cardano, warns that this approach may overlook the superior technology and global nature of blockchain. He emphasizes that the evaluation of digital assets should be based on quality such as security and decentralization, not origin.

Fragiskatos also stated that the inclusion of ADA in the digital asset portfolio would be an important acknowledgment for Cardano, reflecting the evolution in how public agencies evaluate assets. He argued that true interoperability between blockchains needs to address current issues to promote the development of Web3, helping users have a smoother experience and businesses operate more efficiently in a comprehensive digital environment.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)