Trump or Biden? Cardano’s Charles Hoskinson describes the best option for the crypto industry

TL;DR

The upcoming US presidential election pits Trump against Biden, with Trump leading in recent polls. Charles Hoskinson criticized both candidates, but endorsed independent candidate Robert F. Kennedy Jr. for its friendly stance on the digital asset industry. Cardano’s founder believes the pro-crypto vote will be crucial, suggesting that millions of Americans support the sector. “Crypto is what decides”

The US presidential election is scheduled for November this year and promises to be quite contested. The Republican candidate is former President Donald Trump, while the Democratic candidate is the nation’s current political leader, Joe Biden.

Recent polls have estimated that Trump has a better chance of victory, reportedly leading in five out of six swing states.

Cardano founder Charles Hoskinson weighed in on the hot topic, giving his two cents on which candidate would be best suited for the cryptocurrency industry.

He asserted that both the Trump and Biden administrations have hurt the U.S. economy in a number of ways, suggesting that neither is the perfect choice. However, Hoskinson believes that pro-crypto people should vote against the Democratic candidate.

“Under the Trump administration, we founded and built Cardano. Under the Biden administration, the entire industry is at war with the US government. That’s the difference.

Obviously, I have preferences and would prefer not to see a second Biden administration unless and until he reverses the policies that have been so disastrous for us, but he won’t because he doesn’t think there’s any political cost or consequence. to that,” he stated.

On the other hand, Hoskinson revealed that he will not vote for Trump, but will choose the independent candidate Robert F. Kennedy Jr:

“I wholeheartedly agree that this is the most difficult election of my life. You have two presidents running — the former president and the current president — both are very old, very controversial, and unfit for office.

That’s why I supported RFK. Because the American people deserve something different, anything different: we can no longer talk about the lesser of two evils. We should talk about healing the nation instead of hurting it.”

John F. Kennedy’s nephew has come out as a big supporter of the cryptocurrency industry, specifically Bitcoin, and has vowed to impose BTC-friendly laws if he enters the White House as the winner.

Later, Cardano’s founder argued that winning over voters who support the digital asset industry will play an important role in the upcoming election. According to him, 53 million people in the US are “overwhelmingly” pro-crypto.

Trump’s crypto movement

Although Donald Trump was a fierce critic of the cryptocurrency and Bitcoin industry a few years ago, he recently began to soften his tone. In February this year, he said he can “live” with the leading digital asset:

“You’re probably going to have to do some regulation, as you know. But a lot of people are accepting it, and more and more, I’m seeing people who want to pay ‘bitcoin’ and you’re seeing something interesting. So I can live with that one way or the other.” of another”.

Earlier this month, he described himself as the right choice for pro-crypto voters, claiming that his opponent, Joe Biden, and his administration are against the industry:

“I’m fine with that. I want to make sure it’s good and solid and everything else. But I’m fine with that. And if you like crypto in any form (and it comes in many different forms), if you’re in favor of crypto, you better vote for Trump.”

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