Charles Hoskinson, the founder of Cardano (ADA), recently shared his concerns about how the upcoming 2024 presidential elections could affect the crypto world. His comments were in response to a report by Blockworks, a crypto news provider, which suggested that only a "fool" would base their vote solely on crypto issues. Hoskinson believes that crypto is vital for holding governments and companies accountable to the people and giving them financial freedom.

Opposing Blockworks' view, Hoskinson stressed the importance of a candidate's stance on crypto. He sees being anti-crypto as a serious form of totalitarianism that strips people of their freedom and economic identity. He warned that neglecting the interests of the crypto industry in elections could lead to more government control over finances and limited social progress.

Hoskinson clarified that he isn't endorsing Biden, despite some thinking otherwise. He criticized Biden's actions, accusing him of harming the crypto industry. Comparing Biden to Trump, Hoskinson described Trump as an average president who didn't interfere much with the crypto industry, allowing it to grow. In contrast, he believes Biden is actively working against crypto growth.

Hoskinson emphasized that the crypto industry is about building the future and not just about products or regulations. This reflects concerns about recent crackdowns by the SEC and the Biden administration. Hoskinson's preference for Trump over Biden lies in Trump's hands-off approach to the crypto industry, which allowed it to thrive.

In conclusion, Hoskinson's views highlight the importance of considering a candidate's stance on crypto when voting, as it can impact the industry's growth and people's financial freedom.