Cardano founder blasts Meme coin policy: the government should not influence the market

2025-12-19 00:38:11

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【BitPush】Cardano founder Charles Hoskinson recently gave an interview, bluntly criticizing some of the current cryptocurrency policy trends. He believes that launching personal Meme coins is quite frustrating, as it essentially turns cryptocurrencies into political tools, damaging the originally promising bipartisan cooperation momentum.

What he finds even more repulsive is certain official proposals for national reserve plans covering various crypto assets like Bitcoin and Ethereum. Hoskinson’s stance is very clear: governments should not intervene in the market or artificially decide who the winners and losers are. This is a typical market fundamentalist viewpoint.

Interestingly, because of publicly criticizing these policies, Hoskinson was ultimately excluded from a private dinner with the president, directly losing the opportunity to participate in legislative discussions. It seems that taking a contrary stance on cryptocurrency policies can come with quite a high price.

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OPsychology

· 12-21 22:09

The government's play with memes is really ridiculous; isn't this treating the crypto world as a joke? Hoskinson is right, why does the government have to choose winners? The market will speak for itself. Kicked out of the banquet, haha, speaking the truth comes at a price, this trap is pretty ruthless. National reserves? I see this as an attempt to monopolize discourse, stop pretending. What happened to the promised free market? In the end, it's still power that decides. However, having the guts to publicly confront policies is indeed commendable, even though the price is quite high. Encryption should have been decentralized, but instead, it became politicized; it's really ironic. Government intervention = death of encryption, this logic is sound. If memes become political tools, then that's even crazier.

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MEV_Whisperer

· 12-21 16:09

Hoskinson's recent moves are truly amazing. To be honest, he has been pushed into the cold palace; the political flavor is too strong. Being blacklisted from the banquet just to stick to his position, it’s either amazing or foolish, there’s no middle ground. The government’s reserve plan... to put it bluntly, they still want to control the narrative, why bother? It's really absurd for meme coins to get political. With the encryption circle in this state, who still believes in it? But speaking of which, those who go against the current often end up like this. How many people in the circle dare to learn from him?

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SeasonedInvestor

· 12-21 07:10

The government playing with memes is really disappointing, isn't it just treating the crypto world like an ATM? Hoskinson is right, why does the government get to decide who wins and who doesn't, isn't it like power rent-seeking? Kicked out of the banquet? Ha, speaking the truth comes with a cost, this trick is old. National reserves? So they want to turn encryption into a national printing machine? The cost of offending the powerful is indeed high, but I support this move.

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NoodlesOrTokens

· 12-19 01:07

The government playing meme coins is truly incredible. Isn't this just treating the crypto world as an ATM? Hoskinson is right, but honestly, I find it quite satisfying to see them kicked out of the banquet. National reserves? Laughable. This is just another form of cutting the leeks. Why do these people always want to regulate this and that? Can't they just leave the crypto world alone? Honestly, sticking to principles is less profitable than the banquet. This political game is really damn expensive. Whether it's fundamentalism or reality, the market won't lie. So what if the banquet is gone? At least there's still conscience. Once the government steps in, winners and losers become clear. Who can accept this logic? The cost of offending power is really high. People who stick to their principles will always be isolated. That's just the reality.

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PretendingToReadDocs

· 12-19 01:02

Really, the government playing with meme coins has gone too far. Hoskinson is right, this is turning crypto into a political toy. Speaking of which, being kicked out of the banquet was a brilliant move... Is the cost of sticking to principles really this high? Does the government decide who wins and who loses? Isn't this logic completely undermining the free market? Sigh, that's just how reality is. Anyone daring to challenge power has to pay the price. It's truly ironic that something that should be decentralized is now fully centralized.

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NFTArchaeologist

· 12-19 01:01

Hmm... Hoskison's words are not wrong, the government playing meme coins is really outrageous. --- Getting kicked out of the dinner just for sticking to principles, this guy has some real stuff. --- Speaking of the national reserve plan, it feels like they are just choosing the winners themselves. --- Political interference in the market, crypto has long been played out... --- The cost is indeed high, but someone has to dare to confront these issues. --- Turning meme coins into political tools, it's really ruining good things. --- Is losing the dinner opportunity worth it? Anyway, I think it's about integrity. --- The government should get out of the market, I agree on this point. --- Basically, it's about power wanting to control everything, then starting to suppress dissent, old tricks. --- The collapse of bipartisan cooperation just because of a few meme coins? It doesn't seem that simple.

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NewPumpamentals

· 12-19 00:56

Politicians playing meme coins is really incredible, isn't it just using the crypto world as an ATM The part about being excluded from the dinner was hilarious, daring to tell the truth comes with a price, right? Government hands shouldn't reach so far; the market will choose its own winners Hoskenson's move this time is quite tough, although the cost is not small National-level reserve plan? Wake up, this is just a disguised way of cutting leeks People who dare to speak the truth are all eliminated, can you trust these game rules? The ones who influence the market are never the strongest projects, but those who are best at playing politics

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BearMarketBuyer

· 12-19 00:55

Hoskinson's recent wave was a bit rough; he was asked to leave just for saying a few words honestly. The government coin issue is indeed outrageous, making it look like a power game. And the national reserve plan is even more speechless, clearly supporting certain projects. However, the consequences of taking a contrary stance... definitely need to be carefully considered.

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ApeDegen

· 12-19 00:44

Haha, Hoskinson is really daring to speak this time, directly offending those above. The government playing meme coins, the level of absurdity is comparable to shitcoins. Kicked out of the banquet... it's worth it, better than compromising. Speaking of Cardano, it's been a bit disappointing these years, still dare to oppose policies? This is a typical case of sticking to principles and getting beaten up; the crypto circle loves to watch this kind of drama.

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