Charles Hoskinson, the founder of Cardano, has made bold accusations against the Biden administration, claiming that there is a deliberate and coordinated effort to stifle the growth of the cryptocurrency industry. In a recent interview, Hoskinson expressed his concerns about the government’s stance on crypto and suggested that there may be ulterior motives behind their actions.
Hoskinson believes that the Biden administration is intentionally trying to “kill crypto” by implementing strict regulations and crackdowns on the industry. He argues that these measures are hindering innovation and preventing the United States from becoming a global leader in the crypto space.
Despite these challenges, Hoskinson remains optimistic about the future of cryptocurrency and blockchain technology. He believes that the industry will continue to evolve and thrive, despite the efforts of government entities to suppress its growth.
It is important to note that these are just allegations made by Hoskinson and have not been confirmed by the Biden administration. However, his concerns highlight the ongoing tension between regulators and the crypto community, as the industry continues to gain mainstream attention and adoption.