Cardano founder Charles Hoskinson is making good on his promise to take the fight for crypto to Capitol Hill. The billionaire blockchain visionary plans to meet with Democratic senators, including Pennsylvania’s John Fetterman, to push for a bipartisan agenda for the crypto industry.
Charles’ strategy is to bridge the gap between political parties, urging lawmakers to stop fighting and see the true potential of crypto. Fetterman recently made headlines for his comments about Trump’s 2024 victory, criticizing Kamala Harris for calling Trump a “fascist.”
“A lot of Democrats, especially in my state, people I know and love, they voted for Trump, and they’re not fascists,” Fetterman said. “I think people are going to choose who defends and represents their version of the American way of life. That’s exactly what happened.”
Charles sees opportunity in Fetterman
Charles did not miss the opportunity to respond: “When people ask how to make crypto a bipartisan issue, these are the Democrats we need to be talking to next year,” he said. To Charles, Fetterman represents the kind of leadership the crypto industry needs—Democrats who dare to challenge partisanship and think differently.
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The crypto industry is currently under a lot of political pressure, with the Biden administration and Senator Elizabeth Warren taking a hard line against the industry. Charles has been outspoken in his criticism of this, condemning what he calls Biden and Warren’s “anti-crypto deal,” arguing that it stifles innovation and pushes legitimate businesses out of the system.