News - Kamala Harris as U.S. president: Charles Hoskinson warns
No to Harris, yes to Kennedy: Cardano founder Charles Hoskinson speaks out again on the upcoming US election.
According to Cardano founder Charles Hoskinson, a vote for Kamala Harris in the upcoming presidential election is "a vote against the American crypto industry". That's according to a post on X.
In it, he reiterated his criticism of the Biden administration's approach to crypto-regulation. According to Hoskinson, with the nomination of Kamala Harris as the Democrats' new candidate, nothing has changed in this approach.
Reports recently circulated about a possible change, a "reset," in the Democrats' crypto-politics, initiated by the current U.S. vice president's campaign team. Hoskinson, however, remains skeptical. "As I have said many times before, the Biden-Harris White House is waging a war on crypto. A reset does not seem to be coming. In fact, it seems to be getting worse now," said the Cardano founder.
His statements came in response to Tyler Winklevoss' criticism of a recent U.S. Federal Reserve measure against a crypto-friendly bank. Winklevoss claimed that this measure stems from the U.S. government's anti-crypto stance.
Hoskinson warned that following a Harris victory, the central bank could tighten measures against the sector.
Harris' biggest opponent in the election race is former President Donald Trump. Since his appearance at the Bitcoin-2024 conference, he has been seen as a supporter of the crypto sector, although his intentions are controversial.
Both candidates lie neck-to-neck, in which Harris, according to data from the crypto-prediction site Polymarket recently emerged for Trump.
Hoskinson, however, seems to prefer the third candidate, Robert F. Kennedy Jr. He praised him in a separate post as one of the "smartest and most honourable candidates" of his generation.
Kennedy is a well-known supporter of Bitcoin and strongly believes in its role in promoting financial freedom. Earlier, he announced that he has invested about $250,000 million in Bitcoin.
In addition to his investment, Kennedy suggested that the U.S. should buy enough Bitcoin to match the value of the country's gold reserves, which amounts to about 9.4 million BTC. He believes this would position the U.S. as the largest Bitcoin owner in the world.