{"id":168516,"date":"2022-12-17T09:25:32","date_gmt":"2022-12-17T09:25:32","guid":{"rendered":"https:\/\/precoinnews.com\/?p=168516"},"modified":"2022-12-17T09:25:32","modified_gmt":"2022-12-17T09:25:32","slug":"cardano-is-decentralized-by-almost-every-metric-so-it-should-be-safe-from-the-sec-says-coin-bureau","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/cardano-is-decentralized-by-almost-every-metric-so-it-should-be-safe-from-the-sec-says-coin-bureau\/","title":{"rendered":"Cardano Is \u2018Decentralized by Almost Every Metric, So It Should Be Safe From the SEC\u2019, Says Coin Bureau"},"content":{"rendered":"

On Friday (16 December 2022), popular crypto market analysis show Coin Bureau took a closer look at smart contracts platform Cardano ($ADA).<\/p>\n

In a video update released yesterday, the show\u2019s host told the Coin Bureau YouTube channel\u2019s over two million subscribers:<\/p>\n

\u201cAlthough $ADA is likely to continue declining until we hit the true bear market bottom, its long-term performance ultimately depends on Cardano\u2019s upcoming milestones<\/em>\u2026<\/p>\n

\u201cCardano has a few issues to sort out, but hey, every single crypto project does. Conflicts between crypto projects are part and parcel of a bear market, and Cardano has never rushed its ecosystem growth. Cardano is also decentralized by almost every metric; so it should should be safe from the SEC.\u00a0<\/em><\/p>\n

\u201cEven so, these concerns are important because the last thing you want is to be caught off guard. If Cardano survives all the crypto and macro factors over the coming months, then I will consider adding $ADA back to my crypto portfolio.<\/em>\u201c<\/p>\n

https:\/\/youtube.com\/watch?v=DiTtPm_wEuo%3Ffeature%3Doembed<\/p>\n

In a recent interview,\u00a0Jerry Fragiskatos, Chief Commercial Officer at\u00a0Input Output Global\u00a0(\u201cIOG), the blockchain technology firm responsible for the development of Cardano, explained what makes Cardano different from many other blockchain projects.<\/p>\n

According to a\u00a0report\u00a0by The Daily Hodl, Fragiskatos made his comments during an episode of Scott Melker\u2019s podcast that was released 12 days ago.<\/p>\n

Fragiskatos said:<\/p>\n

\u201cAnother big differentiator of Cardano is that there are not many insiders. If you look at the distribution of ownership of ADA, it\u2019s primarily individuals. There are very few whales, very few insiders. There were no VCs that took 30%,40%, 50% of it. So that\u2019s another very different thing, which again, just comes from the mission vision and cascades down. The VCs [who are] like, Where\u2019s my ROI next year? Sorry, where\u2019s my ROI next quarter? If it\u2019s not there, they\u2019ll say it\u2019s a ghost chain. Plus they are also paid off by our competitors. And they\u2019re also incentivized to create that FUD [fear, uncertainty and doubt].<\/em><\/p>\n

\u201cI think time will tell, and I think we\u2019re taking the right approach. And I think we will be one of the ones that come out the other side of this, including some of the more you know, do things quickly and break fast.<\/em>\u201c<\/p>\n

https:\/\/youtube.com\/watch?v=wAXUtYovHv0%3Ffeature%3Doembed<\/p>\n

Image Credit<\/h2>\n

Featured Image via\u00a0Unsplash<\/em><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

On Friday (16 December 2022), popular crypto<\/p>\n","protected":false},"author":3,"featured_media":168515,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nCardano Is \u2018Decentralized by Almost Every Metric, So It Should Be Safe From the SEC\u2019, Says Coin Bureau - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/cardano-is-decentralized-by-almost-every-metric-so-it-should-be-safe-from-the-sec-says-coin-bureau\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardano Is \u2018Decentralized by Almost Every Metric, So It Should Be Safe From the SEC\u2019, Says Coin Bureau - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"On Friday (16 December 2022), popular crypto\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/cardano-is-decentralized-by-almost-every-metric-so-it-should-be-safe-from-the-sec-says-coin-bureau\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-17T09:25:32+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/12\/Cardano-Is-\u2018Decentralized-by-Almost-Every-Metric-So-It-Should-Be-Safe-From-the-SEC-Says-Coin-Bureau.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/cardano-is-decentralized-by-almost-every-metric-so-it-should-be-safe-from-the-sec-says-coin-bureau\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/cardano-is-decentralized-by-almost-every-metric-so-it-should-be-safe-from-the-sec-says-coin-bureau\/\",\"name\":\"Cardano Is \u2018Decentralized by Almost Every Metric, So It Should Be Safe From the SEC\u2019, Says Coin Bureau - 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