The home of Cardano

With the current uncertainty, revolving around the Cryptosphere, caused by the SEC that hinted that ADA-among other Crypto-is a security, it is good to come together, as a community, and post what we like about Cardano, and why we were, are, and will be here.

Personally, I learned about Cardano and Crypto in general at the peak of the last bull market
at circa March-April 2021. Then, when I understood what makes Crypto unique, and an improvement of the current financial system, I tried to find the Cryptocurrency, which has the values which align best with my personal ones.

And, there it was. Cardano. It builds on the idea of Decentralization of Bitcoin, it uses an improvement of its model (eUTXO) with smart contracts and it has a fixed supply (unlike the current FIAT currencies). Also, it had a fair initial distribution and tokenomics in general, it contains the best staking mechanism in Crypto (secured by Ouroboros), and it is powered by a mission to really help people that are outcasts of the current Financial System.

Also, we are talking about a protocol that will hold people's wealth. So, it needs to be secure, not only decentralized. And, there is no other way to achieve that, if not by science that has real validation. And when we are talking about important sectors, science should first be invented, then hard-tested, and then applied. So, Cardano's formal, academic, approach, especially in a Crypto market where everyone wants fast results, makes it extremely unique and safe, at least in my eyes. Plus, the approach of tokens and NFTs being native tokens and not smart contracts, makes it a lot safer for less tech-savvy people to use it. And when you want mass adoption, this is crucial.

Furthermore, the mission to bank the un-banked, is one of the aspects that intrigued me more ethically in Cardano's mission. This is a tagline for many blockchains, but it is really applied here. World Mobile (telecommunications), Empowa (houses), and Atala Prism (Digital Identity) are only some examples that are utilizing Cardano's blockchain in order to improve people's lives, especially in Africa.

In Western Democracies (I am an EU citizen), despite the problems and corruption we have, a large portion of the population has access to a (relatively) safe and stable Financial System. There are people in the world (some are also in the Western World) that don't have access to the current Financial System or live in countries whose national currency could make meme-coins seem stable. These people need Crypto and DeFi to take back their identity and control their own wealth.

And, if you let your wealth in a blockchain, it should be decentralized and open to anyone. And this is why Cardano is my favorite one. With over 2500 SPOs, all over the world, a self-funded treasury with over 1 Billion ADA, and the age of Voltaire upon us, Cardano is secured, checked, and evolved by all of us. No one is in charge, and yet everyone can participate.

Also, I believe that one of the most undervalued things in the protocol, is its sidechains, which will tie perfectly in the Governance era on Cardano. When they mature (in about 24-36 months), then we will see "different blockchains" on top of the layer 1 one. So, the protocol will serve different people, with different views, values, and needs. That means that it will be even more inclusive than now. And inclusivity is one of the most important aspects of Cardano.

Lastly, I want to talk about the thing that I love most about it. The community. The backbone of Cardano, and the one that makes it really going forward.

As we all know, blockchain is not only a financial, but also a social tool. It unifies people from all over the world, to come together, create unique things, and form communities. The occasion might be an NFT collection, a DeFi protocol, or a philosophical conversation about governance. It doesn't matter. What matters, is people coming together and trying to improve their and each other's life through the power that the protocol provides to them. And Cardano has one of the most vibrant, diverse, and passionate communities out there.