Former Cardano COO: US cryptocurrency reserve strategy needs to guard against national bias

PANews news on June 8th, according to News.bitcoin, the discussion of digital asset reserves in the United States tends to prioritize domestically developed cryptocurrencies. However, Jerry Fragiskatos, the former Chief Operating Officer of Cardano, warns that this geographical narrow-mindedness may overlook the outstanding blockchain technology and its global nature. Fragiskatos believes that "some of the most influential open-source contributions come from distributed teams without a centralized foundation". Talent and innovation in this field transcend national boundaries, and digital assets should be evaluated based on their value (security, decentralization, economic design, and resilience) rather than their origin.