Charles Hoskinson Considers COVID-19 Lockdowns Are Not Justified | UseTheBitcoin

Charles Hoskinson Considers COVID-19 Lockdowns Are Not Justified

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Carlos is an international relations' analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.

During the last months, several countries around the world decided to implement strict lockdowns in order to avoid a further expansion of the Coronavirus originated in China. The virus has been spreading to almost every single territory around the world and it has affected around 3.5 million individuals. Until now almost 245,000 people died because of the virus. 

However, Charles Hoskinson, the founder of Cardano (ADA) and co-founder of Ehereum (ETH) suggested that there is a lack of data regarding the justification of lockdowns. Due to the current closure of shops and other stores, the world is going to be experiencing the worst economic crisis since WWII. 

Charles Hoskinson Against Lockdowns

In a recent Periscope session, Charles Hoskinson shared his views about the current Coronavirus crisis. He asked his followers whether it wouldn’t be better to isolate employees and individuals carrying Coronavirus that are in constant contact with people. This would avoid a massive closure of the economy and would certainly help reduce the spread of the virus in the United States and other countries with a large number of people infected. 

During the Periscope session, he stated:

“Millions of Americans, let’s say at least 0.1%, or something around there, have Covid or are carrying it. Let’s just use that as an argument. That’s tens of thousands of infected people exposing these millions of people every day.”

He went on explaining that Costco, Amazon, Walmart, Target and Kroger, among others, have several millions of people going to work on a daily basis. This includes interaction with millions of individuals in the United States. Despite that, he stated that there are no coffins outside of these massive stores. 

Hoskinson has also mentioned that the World Health Organization (WHO) said that there could be up to 260 million deaths related to famine due to the current massive lockdowns around the world. 

Now, countries such as Spain, Italy or even the United States are relaxing or planning to relax the current quarantine they have on their territories. This could be positive for the economy that entered a massive recession during the last few months since lockdowns started. 

It is worth mentioning that Hoskinson is also questioning the models that countries and organizations are using to analyze the current Coronavirus outbreak. He suggests that the numbers may not be related to the information reported by countries severely hit by the Coronavirus outbreak. 

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