Hoskinson attributes banking crisis to money printing and fractional reserve banking, not cryptocurrency.
The global banking crisis of 2008 was a wake-up call for the world, highlighting the fragility of the financial system and the need for reform. Many people blamed the crisis on a lack of regulation and oversight, while others pointed to the role of complex financial instruments like derivatives and credit default swaps. However, according to Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, the real culprit behind the crisis was something much more fundamental: money printing and fractional reserve banking.Money printing, also known as quantitative easing, is