Cardano founder Charles Hoskinson believes the blockchain can become a global operating system by reducing the cost of trust. He argues that decentralized systems can eliminate costly intermediaries and rebuild trust in global financial markets. Despite challenges such as ADA’s five-year low and falling TVL, Hoskinson remains committed to Cardano’s mission of replacing expensive intermediaries with open, verifiable systems. He highlights Cardano’s unique technical pillars and long-term infrastructure focus as key advantages over competitors. Hoskinson emphasizes the importance of reducing distrust between people, companies, and governments, stating that stronger trust can create economic value and promote societal listening. However, Cardano’s market struggles and declining on-chain activity present obstacles to achieving Hoskinson’s global vision.

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