Cardano (ADA) founder Charles Hoskinson has expressed his bold predictions regarding the future of the blockchain network.
Speaking in a recent interview, Hoskinson shared that he believes Cardano will overtake Bitcoin and become the backbone of global government systems in the next few decades.
Reflecting on Cardano’s progress since its launch seven years ago, Hoskinson noted that it has grown significantly from a fledgling project to an 11-tier network with millions of users. Hoskinson also noted the importance of Cardano’s research team, which he claims is the largest in the world, and the passion and dedication of young developers in the ecosystem.
Hoskinson’s view extends far beyond Cardano’s current achievements. “We’re going to be bigger than Ethereum in a decade. We’re going to be bigger than Bitcoin in a decade,” he said. He believes that as Cardano’s infrastructure gains more trust, it will become the technology of choice for most governments around the world and eventually power their systems.
*This is not investment advice.