Solana founder wants to popularize cryptocurrency through digital education

Anatoliy Yakovenko, co-founder of Solana cryptocurrency, shared his opinion on the recognition of cryptocurrencies at the state level: the fear of users to lose their funds and the lack of 100% security guarantees slow down the process of general acceptance of digital assets.

According to Yakovenko, as soon as people have guarantees to protect their savings and understand the basic schemes of cryptocurrency, it will be possible to talk about the introduction of digital assets at the state level. «I believe that the process of acceptance of cryptocurrencies by a large number of people will take a long time, all because of the barrier of self-care, people are afraid,» Yakovenko explained his point of view.

Users will accept cryptocurrencies as a payment method only when they understand how keys to crypto wallets are generated, how to store them safely, and how to make transactions, the Solana co-founder is convinced.

In addition to the issue of cryptocurrency acceptance, many countries are considering launching their own digital currency, including the United States. However, not all members of the cryptocurrency community support this idea. For instance, Charles Hoskinson, the founder of Cardano, said that he would never support state-owned digital currencies because they violate the privacy of users. Hoskinson is convinced that the constant monitoring of state digital currency transactions can destroy privacy and make CBDC a tool for censoring and controlling users who have used state digital currency at least once.