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Many Nation States Will Follow El Salvador’s Lead, Says Cardano’s Creator :

IOG CEO Charles Hoskinson has released a statement on his thoughts about El Salvador’s move to legalize bitcoin.

He believes so much that many other nations will follow the path of El Salvador, and so adopt bitcoin as legal tender.

This was after El Salvador became the first country to adopt Bitcoin as its national currency.

He also added that this is a time where other countries should draft out its own financial strategy. He advised countries to grow their economy throuh adopting cryptocurrency investments.

“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).”  

IOG CEO Charles Hoskinson

Furthermore, he also said it’s a time to really look at how the market have survived through 12years.


Hoskinson stands against crypto tribalism and encouraged more unity in the market as more will be achieved in unity.

“What this does is that it legitimizes the belief that we should be in control of the money in our pockets and we should be ultimately in control of how that money moves and who receives it.”

IOG CEO Charles Hoskinson


Reminder : 12th September is the confined date of Cardano’s smart contract launch.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.