| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107469.8700000000 |
| ETH | $2439.7590000000 |
| BNB | $648.6297000000 |
| XRP | $2.1827370000 |
| ADA | $0.5681844000 |
| SOL | $151.0208000000 |
| DOGE | $N/A |
| DOT | $3.4217400000 |
| LTC | $86.4661000000 |
| LINK | $13.4367200000 |
Category: CRYPTO NEWS
The post ADA to Power Future Elections Cardano Founder Sparks Debate appeared on BitcoinEthereumNews.com. Charles Hoskinson has pitched the Cardano blockchain as a viable chain for conducting elections. The impact of a national crypto stockpile for ADA remains debatable, but Hoskinson sees an upside for the market. Cardano Founder Charles Hoskinson has stirred a debate about the US government possibly using ADA to power future elections. Hoskinson’s recent remarks come amid President Donald Trump’s growing interest in and influence on crypto. Hoskinson Discuss Cardano in the US Election System A short video clip has gone viral on social media regarding this subject. In it, Hoskinson discusses a US election system built on the Cardano network and speculates about the US government’s choice to run elections on Cardano. The Cardano founder explained that the government must accumulate ADA to pay for the election system. Hoskinson views this potential move as a different consideration other than a speculative interest. Despite the lack of evidence that such plans are in the works, the video has excited several users about the future. Hoskinson’s insights highlight a crucial aspect of blockchain’s utility beyond speculation. If Cardano were to underpin a democratic process, it would reflect a shift towards a more sustainable governance model. In this scenario, ADA would play a key role in operational integrity. Notably, Hoskinson gave the statements during Thursday’s episode of the Gokhshtein Media podcast. The Cardano founder also raised concerns about the confusion surrounding the Trump administration’s crypto reserve push. Backtracking, President Trump announced that US strategic crypto reserves would include XRP, SOL, and ADA. As mentioned in our previous news brief, this announcement sent the markets into frenzied excitement. President Donald Trump’s proposal to establish a US Crypto Reserve soon sparked debate in the crypto industry. As reviewed in our recent publication, Arthur Hayes, co-founder of BitMEX, said it lacks congressional approval for borrowing…
2025-03-29T03:45:08+00:00