Hoskinson Slams Trump's Crypto Involvement and David Sacks' Leadership

Summary

Charles Hoskinson joins CoinDesk's Jennifer Sanasie to discuss his break from X, the crypto industry's lost soul, the regulatory fallout from Trump's memecoin, and the missed U.S. market-structure window. He is critical of the White House's crypto leadership and broader governance, but remains optimistic about global crypto adoption and institutional growth in Bitcoin and real-world assets. He outlines Cardano's 2025 governance and scaling progress and pitches Midnight as a privacy layer for the coming intent/chain-abstraction wave.

• Hoskinson uninstalled X due to bots, negative sentiment, and outrage-driven discourse.
• He argues crypto is losing retail users while institutions concentrate growth in Bitcoin and real-world assets.
• Political memecoins and Trumpcoin are framed as extractive and damaging to bipartisan crypto regulation.
• He criticizes the White House's crypto czar, lack of strategy, and missed Clarity Act window.
• He remains bullish on global crypto adoption outside the U.S., especially emerging markets.
• Cardano's 2025 progress centers on on-chain governance, scaling, integrations, and formal methods.
• Midnight is pitched as programmable privacy for intents, chain abstraction, compliance, and cross-chain settlement.
• He sees AI as a nearer-term security threat than quantum and calls for formal methods and better engineering.