Cardano Founder Charles Hoskinson Reiterates Core Purpose of Cryptocurrency – Here’s What You Need to Know
Cardano Blockchain founder Charles Hoskinson reminded the cryptocurrency community of digital currencies’ true purpose and ethos in a sentimental April 25 X post . He emphasized that their use case extends far beyond trading.
Hoskinson drove his point home with a powerful quote from the 1938 song “I Don’t Want to Set the World on Fire” by Bennie Benjamin, Eddie Durham, Sol Marcus, and Eddie Seiler, which he related to the essence of cryptocurrency.
“Remember, crypto doesn’t want to set the world on fire, it just wants to start a flame in your heart,” he said.
Remember, Crypto doesn't want to set the world on fire, it just wants to start a flame in your heart pic.twitter.com/LC7Ix64kdk
— Charles Hoskinson (@IOHK_Charles) April 25, 2024
The Cardano founder’s message shares a similar sentiment with Ethereum co-founder Vitalik Buterin, who explained that “Crypto is not just about trading tokens” but rather as part of a broader movement to protect freedom, privacy, and decentralization.
This is bad.
Crypto is not just about trading tokens, it's part of a broader ethos of protecting freedom and privacy and keeping power in the hands of the little guy.
And these values unfortunately continue to be under attack, globally. https://t.co/iFM932IBP6
— vitalik.eth (@VitalikButerin) April 20, 2024
Buterin reminded the community that Satoshi Nakamoto’s goal in creating Bitcoin was much broader than just facilitating digital transactions. He argued that it was rooted in the principles of liberty and decentralization, aiming to keep power in the hands of individuals rather than centralized authorities.
While Hoskinson’s message serves as a reminder of the true purpose behind cryptocurrencies, he has also addressed what he perceives as a
