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19/07/24
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Charles Hoskinson Says People Should Vote for Pro-Crypto Politicians
Charles Hoskinson, a co-founder of the blockchain firm Input Output Global, Inc., and the Cardano blockchain platform, has expressed his views regarding Vitalik Buterin’s recent blog post on people’s choice of political allegiances on the basis of who is pro-crypto.
According to Hoskinson, people should not vote for politicians interested in a CBDC, suing non-custodial wallets, systematically jailing cryptocurrency leaders, calling everyone a security, as well as bullying and harassing cryptocurrency exchanges.
He argued that: “politics is a game of cause and effect. If politicians understand that bullying and harassing our industry translates to lost elections, then suddenly, they avoid doing that. It’s not complex nor should invent massive cognitive hierarchies to excuse one’s personal distaste of particular people.”
Hoskinson clearly stated that voting for Joe Biden will lead to the demise of the cryptocurrency industry in the United States. “In 2024, be a single issue. Vote for pro crypto candidates,” he said.
This comes after Vitalik Buterin said people should explore the underlying values of “pro-crypto” politicians to see what they can do if a conflict arises in the future. He noted that politicians lacking knowledge of the underlying goals of cryptocurrency, but only in favor of people trading coins, will likely not have the same conclusions as them on issues that they will care about in the long run.
Buterin further highlighted the need to consider how a politician currently claiming to be crypto-friendly saw crypto five years ago. ”Crypto-friendly now does not mean crypto-friendly five years from now,” said Buterin.
Cryptocurrency continues to become a critical topic in the political space. Several firms and prominent people within the crypto space have been donating to support pro-crypto politicians’ campaigns. Recently, Ripple’s $1 million donation to support the campaign of John Deaton who is challenging Senator Elizabeth Warren in the Massachusetts Republican senatorial primary was revealed.
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