{"id":78732,"date":"2024-05-13T07:01:00","date_gmt":"2024-05-13T11:01:00","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=78732"},"modified":"2024-05-13T07:01:49","modified_gmt":"2024-05-13T11:01:49","slug":"charles-hoskinson-trump-is-better-for-crypto-than-biden","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/charles-hoskinson-trump-is-better-for-crypto-than-biden\/","title":{"rendered":"Charles Hoskinson: Trump Is Better For Crypto Than Biden"},"content":{"rendered":"\n

Cardano founder Charles Hoskinson<\/a> criticized a Blockworks report and speculated that Donald Trump would be better for the crypto industry than Joe Biden.<\/p>\n\n\n\n

\"Charles<\/figure>\n\n\n\n

Charles Hoskinson, the founder of Cardano (ADA), expressed concerns in a recent statement regarding the potential ramifications of the forthcoming presidential elections in November 2024 on the cryptocurrency sector. <\/p>\n\n\n\n

In light of a report by Blockworks\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, a provider of crypto insights and news, which posited that only a “fool” would base voting exclusively on crypto-related matters, Hoskinson issued a statement in response.\u00a0<\/p>\n\n\n\n

Furthermore, Hoskinson emphasized how the Trump administration could surpass that of Biden.<\/p>\n\n\n\n

Hoskinson Rebuts Blockworks' Remark<\/h2>\n\n\n\n

Hoskinson harshly opposed the previously mentioned Blockworks narrative. <\/p>\n\n\n\n

Furthermore, in shaping a new social contract that holds governments and corporations accountable to the people, the founder of Cardano emphasized the critical importance of cryptocurrencies. <\/p>\n\n\n\n

He stated, \u201cCrypto gives us our voices, financial freedom, and shared humanity back. Any politician who wants to rob us of that is dangerous.\u201d<\/p>\n\n\n\n

Hoskinson, who identified as a “single-issue voter,” emphasized the importance of a presidential candidate's position on cryptocurrencies. <\/p>\n\n\n\n

Anti-crypto support, in his opinion, corresponds to the most profound form of totalitarianism. <\/p>\n\n\n\n

Additionally, Cardano's founder emphasized, \u201cBeing anti-crypto is the deepest and worst totalitarianism possible. It deprives us of our economic identity, human agency, and freedoms.”<\/p>\n\n\n\n

Moreover, Hoskinson cautioned against the possible repercussions of disregarding the concerns of the cryptocurrency industry during the electoral procedure. <\/p>\n\n\n\n

Disregarding the advancement of crypto-focused candidates<\/a> may result in the adoption of central bank digital currencies (CBDCs), heightened financial oversight, and restricted social mobility, he warned.<\/p>\n\n\n\n

Furthermore, he clarified that contrary to what some community members believe, he does not endorse Biden. <\/p>\n\n\n\n

The Cardano pioneer wrote, \u201cI\u2019m on the left and understand that the 20 percent of America that holds crypto is pretty pissed that Biden caused massive harm to our entire industry arbitrarily and capriciously.\u201d<\/p>\n\n\n\n

Cardano Founder Says Trump Is Better Than Biden<\/h2>\n\n\n\n

Hoskinson explicitly confronted the matter in response to inquiries concerning his lack of mention of the opposing candidate [Donald Trump]. <\/p>\n\n\n\n

Stating, \u201cTrump? “No, I have no qualms about bringing him up.” <\/p>\n\n\n\n

He depicted Trump as an “average” president who, for the most part, permitted the cryptocurrency industry to flourish, fostering an atmosphere favorable to advancements and expansion.<\/p>\n\n\n\n

\u201cHe was an average president and mostly left our industry alone, giving us the ability to build in peace the future of the world,\u201d Cardano\u2019s Hoskinson remarked. <\/p>\n\n\n\n

Hoskinson, on the other hand, assessed President Joe Biden's stance on the cryptocurrency sector unfavorably.<\/p>\n\n\n\n

He also claimed that he was deliberately attempting to impede the expansion of the industry. <\/p>\n\n\n\n

He lamented Biden\u2019s actions: “Biden has served Well\u2019s notices to everyone and their uncle and is actively trying to destroy the American crypto industry.\u201d<\/p>\n\n\n\n

The Cardano pioneer added, \u201cOur industry isn\u2019t about building arbitrary products or debating taxes and regulations.\u201d <\/p>\n\n\n\n

Furthermore, this reflects the recent regulatory measures enforced by the Biden administration<\/a> and the U.S. Securities and Exchange Commission (SEC).\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Cardano founder Charles Hoskinson criticized a Blockworks report and speculated that Donald Trump would be better for the crypto industry than Joe Biden. Charles Hoskinson, the founder of Cardano (ADA), expressed concerns in a recent statement regarding the potential ramifications of the forthcoming presidential elections in November 2024 on the cryptocurrency sector.  In light of a […]<\/p>\n","protected":false},"author":56,"featured_media":76602,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[18090,4486,19485,19486],"class_list":["post-78732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-cardano-ada","tag-charles-hoskinson","tag-donald-trump-crypto","tag-president-joe-biden"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/04\/Charles-Hoskinson-Criticizes-RFK-Jr.s-Familys-Biden-Support.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/78732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=78732"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/78732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/76602"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=78732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=78732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=78732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}