This clash of views comes as the 2024 U.S. presidential election approaches, with significant implications for the future of cryptocurrency regulation in the country.
Charles Hoskinson, co-founder of Input Output Global and the Cardano blockchain ecosystem, has openly refuted Ethereum co-founder Vitalik Buterin’s recent statement advising against choosing political allegiances based solely on a candidate’s stance on cryptocurrency.
In Hoskinson’s post on X platform, he argues that the crypto community should adopt a single-issue voting strategy focused on supporting pro-crypto candidates. He believes that politicians will think twice before targeting the crypto industry if they understand the potential electoral consequences.
Additionally, the executive believes that a vote for Joe Biden would have a negative impact on the American crypto industry. Hoskinson believes that making crypto a decisive voting issue will force politicians to moderate their stance and avoid actions that could harm the industry.