Charles Hoskinson, the founder of Cardano, addressed a spiral speculation regarding his potential relationships with the White House. Rumors have gained traction over the past few weeks due to many subtle hints by Hoskinson. Last week, Hoskinson announced the cancellation of his scheduled appearance at ETH Denver, which he attributed to a mysterious commitment in Florida. Looking at the connection of Florida with Mar-A-Lago, the well-known residence of US President Donald Trump, those looking to make the industry quickly about a high-level association that could indicate unprecedented relations between him and influential political figures.
in mail In X, Cardano’s founder admitted the public rumors, but he was quick to explain that no understanding of any unofficial meetings should be offended as giving “new magic powers”. “I appreciate the enthusiasm and speculation, but I would like to say that no one is appointed by the executive branch of any encryption role tonight, meetings do not mean that new magic powers or powers are meant, and the legislative process is just a process that takes time and effort,” he said.
Hoskinson also stressed that there are no encryption dates that come from the executive branch, and he promised to block more comments until there is actual news. “I will not comment again on this topic until I have final and concrete news closely related to the legislative process to obtain new laws on books that enable the industry to survive and prosper in the United States,” he added: “At this stage, the comments and additional speculations are considered both. Our industry is well represented and good things are coming. Leave it to that and let the process happen.”
The founder Cardano predicts us the encryption revolution
On March 2, Hoskinson determined his vision for an unprecedented reform of the American regulatory scene in A. Live broadcast Entitled “True Gobs”. It is striking that he did not talk about the inclusion of Ada in the American Crypto Reserve. Instead, Hoskinson gave a look at the upcoming legislative initiatives and the broader economic effects.
During the broadcast, Cardano founder stressed the need to take collective action among the encryption players to create “Pro Crypto legislation that will make America the best country in the world to find, finance and operate an encrypted currency project.” He also explained in his plan by saying: “There will be a great opportunity for us to work together as an industry to be able to create Proc Crypto legislation.”
Cardano founder confirmed that the current legislative initiatives by the Trump administration are only a broader effort to integrate traditional financial markets with decentralized digital assets. “We are at the dawn of a new era in the coded currency industry,” he pointed out, adding that the imminent organizational changes will pave the way for the smooth integration of weaving and traditional financing, which leads to “a single global economic class that runs 24 hours a day, seven days a week.”
Hoskinson also highlighted the need for strict supervision and the preservation of decentralization, which he described as “the heart of who we are as an industry.” He pointed out that these reforms should ensure that encryption systems such as Cardano maintain [our systems] Wherever we can. According to Hoskinson, the incorporation of advanced digital assets and strong identity frameworks, such as those enabled under DIS standard, is necessary to support these values.
In addressing the role of the government, Hoskinson explains the importance of a balanced approach between legislative and executive branches. He stated, “I have already started meeting with some of the main members of the Senate and the start of meetings in the House of Representatives,” which indicates that the discussions are already underway at the highest levels of the government. It is believed that this partisan participation is crucial in ensuring that the organizational frameworks remain durable and adaptive.
It is expected that the proposed reforms will pay a significant economic growth, as Hoskinson expects that the rapprochement of global financial systems and digital currencies can lead to the creation of “$ 20 -trillion dollars” economic growth “and increased GDP by more than 5 %. Moreover, the major technology companies – Apple, Google, Microsoft, etc. – are expected to enter the encryption space, which can lead to a wide adoption and integration of the coded currency capabilities in daily devices.
Throughout the broadcast, the Cadano founder maintained an aspiration and scale tone, while emphasizing that while the challenges remain, the opportunity to reshape the financial scene is on hand. “We have a limited time window as an industry to set standards that people will have to live with for most of the twenty -first century,” he stressed.
At the time of the press, Cardano was traded at $ 1.06.
Distinctive image created with Dall.e, Chart from TradingView.com
