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

August 27, 2024
in Regulations
Reading Time: 2 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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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/VolodymyrSanych/Natalia Siiatovskaia


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