AltcoinCardano Founder Ignites Controversy Over the Use of ADA in U.S. Elections

Cardano Founder Ignites Controversy Over the Use of ADA in U.S. Elections

Date:

Charles Hoskinson speculated on a future where the U.S. government could use Cardano for elections.

The clip of his remarks has generated excitement despite no official plans. He also suggested an alternative approach to Trump’s crypto reserve strategy.

Cardano founder Charles Hoskinson has sparked discussion with a hypothetical scenario in which the U.S. government could utilize the Cardano blockchain to conduct elections. As former President Donald Trump continues to shape crypto policies, many blockchain projects are exploring ways to align with the administration. Over the past 24 hours, a viral clip of Hoskinson discussing this concept has energized the Cardano community.

Hoskinson’s Cardano election concept

In an 18-second video circulating on social media, Hoskinson speculated that if the government were to run elections on Cardano, it would need to accumulate ADA—not for speculation, but to power the system.

Despite no concrete evidence that such a plan exists, the idea has excited many Cardano supporters. Hoskinson made these remarks while discussing Trump’s crypto reserve initiative during a March 27 episode of the Gokhstein Media podcast. Earlier in March, Trump announced that the U.S. strategic crypto reserve would include XRP, SOL, and ADA, sparking market excitement but also raising concerns about favoritism.

However, a later executive order clarified that only Bitcoin would be actively accumulated for the reserve, with other digital assets forming a separate stockpile from seized funds. Hoskinson expressed concerns over this mixed messaging, suggesting a different approach:

  • Start with Bitcoin.
  • Develop an index-scoring system for altcoins.
  • Use this system to determine holdings based on utility rather than speculation.

It was in this context that Hoskinson introduced the idea of the government acquiring ADA for election-related purposes. Despite the uncertainties, the Cardano founder remains optimistic about the administration’s crypto stance. He also believes the U.S. could pass a stablecoin bill within three months and a market structure bill by August 2025, citing discussions with lawmakers at the recent DC Blockchain Summit.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot News

Related
Related

Notcoin (NOT) Experiences a Decline: Is Further Downward Pressure Imminent?

Notcoin Price UpdateWith a 4% loss, Notcoin is hovering around the $0.0021 range.NOT’s CMF value i...

A 19% Decline: A Bear Trap or the Beginning of a More Serious Downturn?

Story price faced a strong bearish pressure on the daily technical chart.IP price down by 19% in the...

12th Anniversary Futures Team Challenge with a Prize Pool of 120,000 USDT

HTX 12th Anniversary Futures Team Challenge2025 marks the glorious 12th anniversary of HTX, a leadin...

Bear Market Impact on Fartcoin: Will It Rebound or Decline Further Following a 21% Drop?

A 21% plunge has pushed Fartcoin down toward $0.85.Daily trading volume has surged by over 53%. The...