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Cardano Founder Says US Government Could Accumulate ADA to Power Election System
Cardano founder Charles Hoskinson has stirred excitement with a hypothetical scenario where the government could use Cardano to power elections. Amid President Donald Trump’s growing interest in and influence on crypto, several projects and communities continue to search for ways to align themselves with the administration, and the Cardano (ADA) community is no different. Over the past 24 hours, a clip showing Cardano founder Charles Hoskinson discussing a U.S. election system built on the Cardano network has left users excited. Here’s what’s going on.
Using Cardano for US Elections? In an 18-second clip that has made the rounds on X, Hoskinson speculates about the U.S. government choosing to run elections on Cardano, noting that the government would have to accumulate ADA to pay for the election system, not for speculative interest. Unsurprisingly, this video has gotten several users excited about such a future despite the lack of evidence that any such plans are in the works.
You did not see that coming huh? Hold ADA bro @Nomadicobserver March 27, 2025
It is worth noting that Hoskinson’s statements came as he raised concerns about the confusion surrounding the Trump administration’s crypto reserve push on a Thursday, March 27, episode of the Gokhstein Media podcast.
Hoskinson Suggests An Alternative Approach
For context, earlier in the month, Trump fired off a series of posts on Truth Social, stating that the U.S. crypto strategic reserve will include XRP, SOL, and ADA. This sent the markets into frenzied excitement while also sparking concerns that he was choosing winners and losers. Days later, the president signed an executive order establishing a strategic Bitcoin reserve and a digital asset stockpile from seized assets, noting that the U.S. would only explore means to add to the Bitcoin reserve, not the digital asset stockpile. This mixed messaging has caused confusion over how the reserve would function, a sentiment that Hoskinson shares.
Hoskinson noted that instead of the current approach, he would have suggested that the government start with Bitcoin and then create an index-scoring model for altcoins. This would have allowed the government to hold different assets for different utilities without concerns that it was choosing winners and losers. It is within this context that he drew an analogy about the government accumulating ADA for election purposes.
Nonetheless, the Cardano founder appeared optimistic about the current administration overall. Beyond the crypto reserve situation, he contended that there was a real chance that the U.S. could pass a stablecoin bill in the next three months and a market structure bill by August 2025. He made these claims based on interactions with lawmakers at the recent DC Blockchain Summit.
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