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- 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.”
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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.
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