Cardano Creator Charles Hoskinson Warns of 2008 Rerun As Current Banking Model Falls Apart

Cardano (ADA) creator Charles Hoskinson is warning that this year’s collapse of US banks could cause a repeat of the 2008 financial crisis. In a new interview with Fox Business, the creator of the smart contract platform says that the US banking model is wearing thin as cryptocurrencies show resiliency under tough macroeconomic conditions.