Charles Hoskinson, founder of Cardano (ADA), has a big bet on the crypto space. In his recent interview, Hoskinson shared how Mighty Magnificent Seven, or MAG7, could quickly foray into the cryptocurrency space as the realm began to evolve into a full-scale ecosystem that accommodates diverse narratives.
Hoskinson believes MAG7 companies are going through an exciting era of encryption.
In a recent interview, Cardano founder Charles Hoskinson noticed a lengthy conversation about the cryptocurrency industry in general. He shares how seven epic companies, including Google, Amazon, MicroStrategy, Meta, Apple and Nvidia, can quickly explore Crypto, making it one of the most decisive decisions in their lives.
“The temptation of the Magnificent Seven Mag7 is very strong. In fact, Facebook tried to enter the crypto space with a project called Libra a few years ago. It was broken by regulators. All others are chatting with whatsapp and Facebook Messenger on their payment system. Certainly, just tapping on their phones and sending $20. That’s how the bank wasn’t involved. It’s from person to person, it’s completely decentralized. They thought there were billions of people on this platform. And we can become the world’s largest payment processor throughout this setup. There’s too many seduction for these people to come. They were waiting for the regulatory window to open and come in.”
Hoskinson later shared how being a cryptocurrency entrepreneur resembles a better PayPal.
“For the consumers, when they come in, it feels like a better paypal. It’s a better traditional banking interface.”
just: #cardano $ ada Founder Charles Hoskinson said: “Mag7 (Amazon, Apple, Google, Microsoft, Meta, Nvidia, Tesla) is extremely tempted. pic.twitter.com/kgc5d49i3b
– Angry Crypto Show (@angrycryptoshow) July 10, 2025
Would you like to warm up to Mag 7 Crypto?
As institutional benefits warm up to crypto, new research with standard chartered charters shows how bitcoin will become the next big thing in the asset domain when it comes to getting fresh benefits.
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With financial giants like BlackRock and Tesla open to crypto, exploring MAG7 Bitcoin could help surge in prices beyond the predicted threshold if everything is somehow adopting Bitcoin.
