Charles Hoskinson argues Trump’s meme coin and national crypto reserve plan politicize blockchain, hinder bipartisan legislative work, and favor select cryptocurrencies unfairly.
Charles Hoskinson, founder of Cardano, criticized former U.S. President Donald Trump’s personal meme coin launch as disappointing and partisan, claiming it undermines bipartisan progress in Congress. He condemned Trump’s proposed national crypto reserve—comprising Bitcoin and Ethereum—as government favoritism toward particular assets. Hoskinson also revealed he was excluded from presidential events after voicing opposition to these initiatives.