š Cardano founder Hoskinson talks about the impact of the US election on cryptocurrency š
Cardano founder Charles Hoskinson shared his views on the US election at the TOKEN2049 conference in Singapore, and he believes that former President Trump is more friendly to the cryptocurrency industry.
Hoskinson pointed out that Trump's active participation in cryptocurrency-related conferences and DeFi projects, as well as his promise to fire SEC Chairman Gary Gensler on his first day in office, all show his support for the industry.
In contrast, Hoskinson is critical of the Biden-Harris administration's cryptocurrency policy, believing that they have taken a hostile stance against the industry. He also warned that voting for Harris could pose a threat to the US cryptocurrency industry.
Although Trump has expressed his interest in the cryptocurrency industry on multiple occasions, including launching the World Liberty Financial DeFi project, Hoskinson remains reserved about Trump-backed businesses, fearing that this may have become a political hype and other issues.
In sharp contrast, analysts at VanEck believe that Harris may be a better choice for Bitcoin because her policies may accelerate Bitcoin adoption and structural problems such as inflation and currency depreciation, thereby driving demand for Bitcoin as a hedging tool.
In short, in this discussion, we can see two different perspectives, one is the expectation of industry-friendly policies that Trump may bring, and the other is the analysis of the angle that Harris' policies may indirectly promote Bitcoin adoption. No matter which view you agree with, it emphasizes the profound impact that political decisions may have on the cryptocurrency market.
š¬ Finally, what do you think of Trump and Harris' positions on cryptocurrency issues? Which candidate do you think is more beneficial to the cryptocurrency industry?
