- Charles Hoskinson had a virtual interview with Tony Edward from Thinking Crypto yesterday.
- The interview was a discussion around various matters in the crypto space given the current market landscape.
- Charles Hoskinson doesn’t believe that this crypto bear market will bring down prices as much as the 2018/19 bear market.
The founder or Cardano (ADA), Charles Hoskinson, had a virtual interview with Tony Edward from Thinking Crypto, to discuss various matters in the crypto space given the current market landscape.
The first question that Edward had asked Hoskinson was whether or not Hoskinson felt we were heading for a crypto winter, similar to the one seen during 2018 and 2019. Hoskinson responded by bringing to light the situation with the rest of the global financial market, stating that the entire market is in a “free fall”.
He added that the current bear market is significantly different to the one seen in 2018 and 2019 given that there are a lot more people that have entered the crypto market this time round, and that there is a lot going on in the crypto space that wasn’t happening in the 2018/19 market.
Given these factors, he feels that this bear market will not be as tragic as the previous one. However, he did say that there is “questionable investment behavior,” which makes it difficult to identify the bottoms of the top cryptos, including ADA.
Another topic that was covered in the interview is how the decentralized exchange (DEX) space is growing and continuing to innovate during this bear market, with Hoskinson mentioning the Wingriders team building a DEX on the Cardano blockchain. The interview also saw Edward ask the ADA founder if the SEC has ever wanted to investigate ADA.
Hoskinson replied, “We’re one of the most decentralized projects in the space, and are completely transparent.” According to him, this isn’t attractive to the SEC that just wants to tackle fraudulent crypto projects.