Cardano (ADA) Founder Charles Hoskinson Advocates Trump’s Crypto Policies Over Biden’s

  • Cardano founder Charles Hoskinson has criticized a Blockworks report and suggested that Donald Trump could be a better choice for the crypto industry than Joe Biden.
  • Hoskinson believes that the Trump administration did not carry out unnecessary crackdowns on crypto, unlike the Biden administration.
  • The Cardano founder has expressed his concerns over the potential impact of the upcoming November 2024 presidential elections on the crypto industry.

Cardano’s Charles Hoskinson criticizes Blockworks report and suggests Trump could be better for the crypto industry than Biden.

Hoskinson’s Response to Blockworks Report

Charles Hoskinson, the founder of Cardano (ADA), has voiced his concerns over the potential impact of the upcoming November 2024 presidential elections on the crypto industry. His remarks come in response to a report by Blockworks, a crypto insights and news provider, which suggested that only a “fool” would base their vote solely on crypto-related issues. Hoskinson highlighted how the Trump administration could be better than Biden for the crypto industry.

Hoskinson’s Stance on Crypto and Politics

Hoskinson has opposed the narrative by Blockworks and emphasized the critical importance of crypto in shaping a new social contract that holds governments and corporations accountable to the people. He stated, “Crypto gives us our voices, financial freedom, and shared humanity back. Any politician who wants to rob us of that is dangerous.” He also warned against the potential consequences of neglecting the crypto industry’s interests in the electoral process.

Trump vs Biden: Hoskinson’s Perspective

Responding to queries regarding his reluctance to mention Donald Trump, Hoskinson addressed the issue directly. He portrayed Trump as an ‘average’ president who largely left the crypto industry unhindered, providing an environment conducive to innovation and growth. In contrast, Hoskinson criticized President Joe Biden’s approach toward the crypto industry. He accused Biden of actively seeking to undermine the industry’s growth and lamented his actions, stating, “Biden has served Well’s notices to everyone and their uncle and is actively trying to destroy the American crypto industry.”

Conclusion

Hoskinson’s remarks highlight the importance of political leadership in shaping the future of the crypto industry. His views suggest that the stance of future presidential candidates on crypto could significantly impact the industry’s growth and development. As the 2024 elections approach, the crypto industry will be keenly watching the political landscape.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Michigan State Retirement Fund Invests $10 Million in Grayscale Ethereum Trust, Securing Major Stake

The Michigan State Retirement Fund has strategically positioned itself...

Grayscale Proposes Listing for Grayscale Digital Large Cap Fund (GDLC) as ETP with Bitcoin Dominating Holdings

On November 4, COINOTAG News reported that Grayscale has...

Fragmetric Completes Builder Round Financing to Enhance Solana Ecosystem Security and Liquidity

On November 4th, COINOTAG News reported that Fragmetric, a...

Vitalik Buterin Warns Against Exclusion of Russian Developers in Open Source Community

On November 4th, Vitalik Buterin, co-founder of Ethereum, took...

Bitcoin Volatility Soars Amid U.S. Election Impact on Crypto Markets

Bitcoin Volatility Surges as U.S. Election Heightens Stakes for...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img