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Bitcoin, Ethereum, Cardano… Soon Obsolete Because Of The GAFAM?

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Battle between GAFAM and the crypto industry's blockchains

The founder of Cardano (ADA), Charles Hoskinson, recently expressed his concerns about the future of Layer-1 networks in light of the emergence of the GAFAM in the blockchain universe. According to him, companies like Meta, Google, Apple, Microsoft, and Amazon could soon dominate the crypto space, relegating the current blockchains to the background. This would likely mark the end of the crypto industry as we know it today.

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