According to Cardano founder Charles Hoskinson, the digital currency market should be fundamentally different from the unstable banking sector. To do this, the industry must separate from the traditional economy and become a full-fledged and independent direction in the modern financial system.
The collapse of three major US banks Silvergate Capital, Silicon Valley Bank and Signature Bank led to major stock market turmoil and big losses for both Bitcoin and altcoins and technology companies.
On Twitter, Charles Hoskinson called for the crypto business to finally separate from the banking system. Thus, it can become more viable and stable.
In addition, the founder of Cardano announced the digitalization of treasury bonds, which will deal a final and crushing blow to the traditional banking system.
