Cardano’s Charles Hoskinson Touted For Crypto Advisor Role Under Donald Trump

As a seasoned researcher with a deep-rooted interest in blockchain technology and its potential impact on global economies, I find the speculation surrounding Charles Hoskinson’s potential role as a crypto advisor to President Donald Trump intriguing.


It’s possible that Charles Hoskinson, founder of Cardano, could serve as a cryptocurrency advisor to President Donald Trump once he takes office. This suggestion was initiated by Rick McCracken, a Stake Pool Operator (SPO), during a conversation on X about the potential impact of the Trump-Vance administration on cryptocurrencies. The discussion eventually focused on the possibility of Hoskinson being appointed as a crypto advisor due to his significant industry contributions.

Donald Trump Administration And Crypto Leaning

In 2024, Donald Trump, running as a Republican candidate, triumphed over Kamala Harris in the U.S. presidential elections, just as many had predicted. This result brought about a sense of hope within the crypto market due to the various pledges Trump made toward the community during his campaign. One such commitment was to remove Gary Gensler from his position as Chairman of the Securities and Exchange Commission (SEC).

Following the election outcome, there’s growing curiosity about how regulators might approach cryptocurrencies in the future. McCracken advocates for the incoming administration to consider Charles Hoskinson as a crypto policy advisor. He is confident that Hoskinson’s abilities could propel the U.S. crypto environment to new peaks.

He enthusiastically endorsed Hoskinson as a suitable contender for the role. Moreover, he subtly alluded to the latest Chang Hard Fork update, pointing out that Charles Hoskinson has ample free time due to his decision to pass Cardano over to the community. The President of Input Output Hong Kong, Tamara Haasen, also expresses optimism about the possibility of Hoskinson being appointed to this position.

There’s a high likelihood they will. Would be a wise decision –

— tamara haasen (@TamaraHaasen) November 8, 2024

Charles Hoskinson Met With Argentine President Javier Milei

Despite no formal details being disclosed about the subject, it’s worth reminding that Hoskinson met with Javier Milei, Argentina’s President, back in September. This encounter left many in the crypto sphere pondering its purpose. However, it was subtly suggested that the founder of Cardano was planning to implement digital solutions within Argentina.

Javier Milei and Elon Musk, who supported Donald Trump’s campaign, have a strong relationship. This connection could potentially impact Hoskinson’s chances of being selected as the crypto advisor. However, it’s important to note that David Bailey, CEO of Bitcoin Magazine and organizer of the highly-anticipated Bitcoin Conference 2024, also has direct ties to Trump’s campaign.

As a researcher, I’ve been exploring the dynamics within the cryptocurrency industry. While it’s important to note that this is all conjecture, it appears that Charles Hoskinson and David Bailey might hold significant competitive positions in their respective projects. This could potentially place Bailey as a formidable rival for Hoskinson in terms of influence and impact within the sector.

Read More

2024-11-08 22:32