Charles Hoskinson calls\u00a0out the mainstream media’s constant predictions on the death of the cryptocurrency Ponzi scheme – scam bubble on Twitter predicting an influx of trillions of dollars from institutional\u00a0markets once the next round of regulation is settled.<\/p>\n
There hasn’t been a day gone by since Bitcoin entered into the collective consciousness during its unprecedented\u00a02017 bull run, carrying along with it along the terms cryptocurrency, blockchain, and digital money, that a headline hasn’t\u00a0appeared warning the public of its\u00a0inevitable demise and the financial destruction which would encompass all in the space.<\/p>\n
With old money market bears like Warren Buffet<\/a> calling the entire industry “rat poison” and headline-grabbing\u00a0institutional\u00a0heads like Mark Carney of the Bank of England calling for the fall of cryptocurrency every chance he gets, it’s refreshing to have a crusading voice on the side of the industry make a loud prediction every once in a while. It doesn’t hurt that in this case, that voice belongs to the founder of both Ethereum and Cardano\u00a0<\/a>Charles Hoskinson.<\/p>\n Hoskinson tweeted out to his 92 thousand plus followers criticism on the mainstream media’s “cryptocurrency is going to die broken record<\/em>” stance. Predicting that when the present regulatory problems are settled “wall street is showing up to the party with all their locked up capital. That’s tens of trillions of dollars entering the space<\/em>”<\/p>\n What's often missed by the cryptocurrency is going to die broken record media is that after the next wave of regulation, wall street is showing up to the party with all their locked up capital. That's tens of trillions of dollars entering the space eventually. Future is bright<\/p>\n — Charles Hoskinson (@IOHK_Charles) June 21, 2018<\/a><\/p><\/blockquote>\n\n