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Cardano Founder Warns Global Financial System is a Ponzi Scheme Approaching $50 Trillion in Unpayable Debt

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Cardano founder Charles Hoskinson warned in a recent live stream that the global financial system is a Ponzi scheme with $338 trillion in debt, nearing $50 trillion in unpayable liabilities. He said the system depends on shifting debt between sectors, not real repayment. KuCoin users are asking, is KuCoin safe amid such instability? The platform recently announced a KuCoin system upgrade to enhance security and performance. Hoskinson added that debt is growing faster than productivity, making the system more fragile.
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