Recently, in a livestream, Cardano founder Charles Hosinson made significant speculation about whether the US government could adopt Cardano under the guidance of Elon Musk – now leading the newly formed government efficiency (DOGE) newly formed department. Although there is no official confirmation from the department’s efficiency department, American Treasury, or Musk itself, the supervisors of the industry talk that there is a possibility of playing an important role in the federal blockchain initiative for Cardano.
Elon Musk has an impact on the administration of President Donald Trump under the leadership of Mogul of the Department of Possibility Department – an initiative aimed at rebuating government operations. Despite facing criticism at corporate power and government policy intersections, Musk’s dominance has only expanded curiosity about its next move in Crypto space.
Hoskinson says that cardano will be ready
In Hoskinson’s view, Musk’s ambitions may encourage the federal government to adopt blockchain technology. According to Hosinson: “And that too [Elon Musk] The US government is going to make recommendations to adopt cryptocurrency. And there is a lot of discussion. Will Cardano be in that conversation? I would believe so. ,
However, Hoskinson emphasized that the purchase of the US government is not a direct process: “The challenge is that Elon cannot tell that the US government does so. It has to undergo a normal procurement process. And what will happen that those RFPs will take years to work in their own way because there will be the requirement of lawsuit and debate and Congress acts, all kinds of things. And so, you know, whenever that process comes, we will reach there. ,
Hoskinson also addressed the climate of regulatory pressure under previous years, stating that many major Crypto exchanges -Coinbase, Crackon, and Connections highlight the cases made by. He described the events involving financial institutions closing the crypto-related bank accounts and emphasized the importance of creating a greater welcome environment in the United States.
“The last four years were terrible, where the coinbase was prosecuted, Crackon was prosecuted, the banns filed a case, and you have FDIC to tell banks to tell the de-platform cryptocurrency companies. I had bank accounts closed. Therefore, the number one goal is getting rid of that environment. The goal of number two is to create a supporter-development environment … and the target of number three is to achieve the United States government on a blockchain. Let’s make sure that Cardano is part of that story, and I think there is a way, ”Hosinson said.
Musk’s relationship with Crypto – especially dogcoin – is widely publicized. Nevertheless, the next steps of the billionaire are uncertain. Hoskinson says that Musk is preparing to go to “Cryptocurrency Space Full Tier” through its platform X. The overroaching question is that blockchain can support musk.
“What is Elon Musk going to do with Cryptocurrency? We all know that he is planning to join the Cryptocurrency Space Full Tier, and it is going to be through X. The X will be a cryptocurrency wallet, and it will be the largest cryptocurrency wallet in the world. It would be 500 million users, ”by the founder of Cardano.
He said that it is still not clear which blockchain he will support: “Then the question is, okay, which cryptocurrency he supports?” Does he want to do Defi? What chains do he really want to invest and start? It is mercurial. Nobody knows. Not atherium, no one, no one. ,
Recent reports suggest that Musk through the Dogi department may assess the blockchain solution to streamlined federal operations. Sources quoted by Bloomberg indicated that a digital laser may monitor government spending, sensitive information, can secure the process payment, and maintain the management of federal buildings and assets.
According to additional leaks, representatives of Dogcoine have “informally out” for various public blockchains – an overcher that discussed whether the cardano can find themselves on the shortlist of potential technologies for extensive government implementation Is.
Another complicated piece of puzzle is Hoskinson’s cryptic comment on social media, as reported by bitcoinist last week. At that time, he posted on X: “VIP dinner moved from 22nd to 1. Hence the super important meeting is now in early March. “When a user asked about the dinner menu, Hoskinson only offered:” Diet coke will definitely be on it. “
Some comments have interpreted it as a node for two high-profile figures known for their hobbies-or at least playful commentary-around diet coke: President Donald Trump and Elon Musk. President Trump did the famous “diet coke button” at the oval office, while Kasturi once made fun of X about leaving the drink.
Although it remains speculative, supporters argue that this reference can indicate both the rolls going on both the White House of Trump and the musk efficiency in shaping the government’s policy through the government’s department.
At the press time, the ADA trades at $ 0.78.
Image made with Dall.E, chart from traudingview.com
