Cardano Founder Charles Hoskinson Calls Crypto a 'Political Movement’

[Oxumare]

Charles Hoskinson, the creator of Cardano (ADA), has described participating in cryptocurrency as an inherently political act.
Speaking during an impromptu ask-me-anything on YouTube, Hoskinson asserted that crypto-driven fundamental disruptions to monetary relations will not come without struggle, placing the crypto phenomenon within the political arena.
During a recent AMA, Cardano’s Charles Hoskinson described cryptocurrency as inherently political, urging the crypto community to rally against efforts to stifle the space.

Hoskinson also urged members of the crypto community to take a stand against increasing regulatory moves to crack down on encryption.

Crypto is inherently political
In the AMA streamed on June 5, Charles Hoskinson proclaimed that “Crypto is a political movement.”
"Crypto is as political as it gets,” he said. “We’re going to reinvent the concept of money and take it out of the government’s hands and control it ourselves.”

Hoskinson emphasized that the cryptocurrency phenomenon is especially political by nature due to the creative destruction it seeks to bring upon monetary commodities and policy, stating that “money is the biggest influence of all of politics.”
Considering the consequences of the wholesale adoption of distributed ledger technologies, Hoskinson noted that the impacts of cryptocurrency will reach far beyond the domain of money, stating:

“Everything has to change: trade changes, property rights change, business change, the business structure changes, laws change.”

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