{"id":150609,"date":"2021-03-30T15:30:51","date_gmt":"2021-03-30T10:00:51","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=150609"},"modified":"2021-03-30T11:23:27","modified_gmt":"2021-03-30T05:53:27","slug":"charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\/","title":{"rendered":"Charles Hoskinson\u2019s take on whether US govt. will ban Bitcoin, Cardano"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The CEO of IOHK Charles Hoskinson weighed in on several topics during his latest <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=-CdzVz9TjcM\"><span style=\"font-weight: 400;\">ask-me-anything session<\/span><\/a><span style=\"font-weight: 400;\">, one which he live-streamed from Colorado, USA. During the AMA, Hoskinson appeared to defend both Bitcoin and ADA in response to a <a href=\"https:\/\/www.youtube.com\/watch?v=-CdzVz9TjcM\">question<\/a> about the regulatory future of the two cryptos. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">When one YouTube listener asked what would happen to Cardano if the United States government decided to ban Bitcoin, Hoskinson was quick to dismiss the same. According to the exec, Bitcoin will never get banned in the U.S as the crypto-asset is far from such harsh regulations.<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">&#8220;That ship has sailed. Bitcoin is not getting banned.&#8221;\u00a0\u00a0<\/span><\/p><\/blockquote>\n<p><iframe title=\"Surprise AMA March 27, 2021\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/-CdzVz9TjcM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">Hoskinson&#8217;s opinion resonates with those of several crypto-bulls who think it is unlikely for Bitcoin to be outlawed. For instance, towards the end of last year, former Acting Head of the U.S Office of the Comptroller of the Currency (OCC) Brian Brooks had <\/span><a href=\"https:\/\/eng.ambcrypto.com\/nobody-is-going-to-ban-bitcoin-says-occs-brian-brooks\/\"><span style=\"font-weight: 400;\">said<\/span><\/a> that <span style=\"font-weight: 400;\">regulators are &#8220;very focused&#8221; on &#8220;not killing&#8221; Bitcoin.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the contrary, Bridgewater Associates&#8217; Co-founder and Chief Investment Officer Ray Dalio has had opposing views on the subject. According to him, there is a &#8220;good probability&#8221; that the U.S government will &#8220;outlaw Bitcoin&#8221; in the same way as gold was banned in the 1930s in the USA. In fact, Dalio also cited the case of regulators in India who are reportedly preparing to ban the crypto-asset altogether.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Like most other Bitcoin supporters, Hoskinson may have referred to how the crypto-asset has the potential to hedge inflation. This is one of the reasons why French economist <\/span><a href=\"https:\/\/twitter.com\/MarionLaboure\"><span style=\"font-weight: 400;\">Marion Laboure<\/span><\/a><span style=\"font-weight: 400;\"> concluded that Bitcoin is now &#8220;<\/span><a href=\"https:\/\/www.dbresearch.com\/PROD\/RPS_EN-PROD\/PROD0000000000517378\/The_Future_of_Payments%3A_Series_2_Part_III__Bitcoin.pdf?undefined&amp;realload=sw1LBfy45wnlBnnSBcrXwBYt\/VUaRae4DvBy4OGOPuWGBVD9lij6815e\/kRUslionfiy9Sd5LdY73UevkX9gZA==\"><span style=\"font-weight: 400;\">too important to ignore<\/span><\/a><span style=\"font-weight: 400;\">.&#8221;\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even central banks and governments understand that &#8220;Bitcoin and other cryptocurrencies are here to stay,&#8221; Laboure argued, with the economist arguing that governments will &#8220;start regulating&#8221; crypto-assets &#8220;late this year or early next year.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the global crypto-population surging past 100 million users, future generations &#8220;may usher in mass adoption.&#8221; The same was supported by a Deutsche Bank <\/span><a href=\"https:\/\/www.dbresearch.com\/PROD\/RPS_EN-PROD\/PROD0000000000517378\/The_Future_of_Payments%3A_Series_2_Part_III__Bitcoin.pdf?undefined&amp;realload=sw1LBfy45wnlBnnSBcrXwBYt\/VUaRae4DvBy4OGOPuWGBVD9lij6815e\/kRUslionfiy9Sd5LdY73UevkX9gZA==\"><span style=\"font-weight: 400;\">survey<\/span><\/a><span style=\"font-weight: 400;\"> that found that millennials are increasingly replacing cash and bank cards with cryptocurrencies.<\/span><\/p>\n<p>Meanwhile, Hoskinson had previously <a href=\"http:\/\/ambcrypto.com\/charles-hoskinson-reveals-how-millions-of-users-will-adopt-cardano\/\">suggested<\/a> that Cardano is reportedly &#8220;at the cusp&#8221; of deals and initiatives through public-private partnerships in certain nations in Africa and is making way for &#8220;millions of users&#8221; to enter the Cardano ecosystem this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CEO of IOHK Charles Hoskinson weighed in on several topics during his latest ask-me-anything session, one which he live-streamed from Colorado, USA. During the AMA, Hoskinson appeared to defend both Bitcoin and ADA in response to a question about the regulatory future of the two cryptos. When one YouTube listener asked what would happen<a href=\"https:\/\/ambcrypto.com\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\/\">Continue reading <span class=\"sr-only\">&#8220;Charles Hoskinson\u2019s take on whether US govt. will ban Bitcoin, Cardano&#8221;<\/span><\/a><\/p>\n","protected":false},"author":34,"featured_media":150611,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,35,360,66,3,20],"tags":[],"class_list":["post-150609","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-bitcoin-news","category-btc-trading-view","category-new-news","category-news","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Charles Hoskinson\u2019s take on whether US govt. will ban Bitcoin, Cardano - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Hoskinson&#039;s opinion resonates with those of several crypto-bulls who think it is unlikely for Bitcoin to be outlawed. For instance, towards..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Charles Hoskinson\u2019s take on whether US govt. will ban Bitcoin, Cardano - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"The CEO of IOHK Charles Hoskinson weighed in on several topics during his latest ask-me-anything session, one which he live-streamed from Colorado, USA.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-30T10:00:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/03\/white-tailed-eagle-2015098_1280.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"761\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alisha Roy\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/reporteralisha\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alisha Roy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\\\/\"},\"author\":{\"name\":\"Alisha Roy\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/4ac3cc6b13b31aee74a8cfe6a269f2ce\"},\"headline\":\"Charles Hoskinson\u2019s take on whether US govt. will ban Bitcoin, Cardano\",\"datePublished\":\"2021-03-30T10:00:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\\\/\"},\"wordCount\":399,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/white-tailed-eagle-2015098_1280.jpg\",\"articleSection\":[\"Altcoin\",\"Bitcoin\",\"BTC Trading View\",\"News\",\"News 1\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\\\/#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\\\/\",\"name\":\"Charles Hoskinson\u2019s take on whether US govt. will ban Bitcoin, Cardano - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/charles-hoskinsons-take-on-whether-us-govt-will-ban-bitcoin-cardano\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/white-tailed-eagle-2015098_1280.jpg\",\"datePublished\":\"2021-03-30T10:00:51+00:00\",\"description\":\"Hoskinson's opinion resonates with those of several crypto-bulls who think it is unlikely for Bitcoin to be outlawed. 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