Cardano, among others, is a crypto backed by something.
First a worldwide decentralized network that is environmentally friendly.
Second a top grade software developed by a team of superior engineers using the scientific method, all this following years of research reviewed by domain specific peers. The result of this combo is an ecosystem that can support any number of immutable decentralized databases that are fully secured. This combo can also support any number of decentralized applications of any kind (voting, finance, insurance, identity, inventory tracking and management, stable coin...you name it).
Third, a unique governance that allows sustainability over decades and centuries with the potential to install real liquid democracies all over the world.
Fourh a large community that believe in Cardano's mission. Cardano has been build to become the next economic, political and social system. Time will tell if it can achieve this goal.
Fifth, Cardano can only mint a specific number of ADAs.
For these reasons, many believe that Cardano, and probably some other cryptos are perfect as inflation hedge, maybe even better than gold. |
