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Home»Regulation»Charles Hoskinson Fears Dystopia and ‘Death of American Cryptocurrency Industry’ If Kamala Harris Is Elected
Regulation

Charles Hoskinson Fears Dystopia and ‘Death of American Cryptocurrency Industry’ If Kamala Harris Is Elected

2024-08-27No Comments2 Mins Read
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dYdX Founder Says Crypto Industry Should Give Up on US Customers As Market Not ‘Worth the Hassle’
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Cardano (ADA) founder Charles Hoskinson believes a Kamala Harris victory in November is bad news for the United States.

Hoskinson says on the social media platform X that he fears if Democrat nominee Kamala Harris wins the presidential race, it could be a death knell for the crypto industry in the US.

It is Hoskinson’s opinion that a Trump victory would be good for the industry.

“It’s clear that if Trump wins, [Robert F.] Kennedy [Jr] will be part of his administration… and the United States will be pro-crypto. I truly hope we get to see that day. The alternative is a bleak and dystopian America with state-sponsored censorship, mega-corporations running all US policy, the death of the American cryptocurrency industry, and endless wars.”

But the Cardano founder notes that not even Trump can solve all of the country’s issues.

“I continue to believe that the US government can not be fixed by a presidential election, and our only path forward is a constitutional convention. But I also believe that a unity government of Kennedy with Trump and others that are like-minded will be able to slow down the horrors that await us.”

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See also  US lawmakers' proposed ban on algorithmic stablecoins draws industry backlash
American Charles Cryptocurrency Death Dystopia elected fears Harris Hoskinson industry Kamala
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