SlateCast #45: Algorand Foundation Insights on the Future and Fundamentals of Cryptocurrencies

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The cryptocurrency industry has experienced a significant downturn in recent months, leading to concerns about the future of the industry. However, John Woods, the CTO of the Algorand foundation, remains optimistic about the future of cryptocurrencies.

According to Woods, the recent collapse of centralized exchanges has damaged consumer confidence and the price in the markets, but it hasn't changed the fundamentals of cryptocurrencies. He sees these decentralized, self-sovereign, internet-native tokens of credit as a new type of global banking system that is programmable and provides infrastructure for everyone. While he acknowledges that it may take some time for the market to recover, as happened with the global financial crisis and the dot-com bubble, he believes the industry will eventually flourish.
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Комментарии
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As always another Great Cast Akiba !!! Full of information and interesting thoughts on the topic .


Much <3 as always brother

davejack
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Brilliant conversation guys. When John left Cardano it was a blow but the man is an icon of self-development.

The issue of centralization translates to being easily controlled by the likes of the EU CB and WEF, with whom they do have partnerships.

A lot of people see these organisations as being tyrannical and against wealth distribution towards the average man's pocket.

Decentralization matters.

uubitno
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Couldn’t have a better CTO, open and Transparent

barreltech
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Algorand is a sound foundation to keep building on

AssetBuildingGroup