Cardano Founder: Political Figures' Crypto Moves Are Hurting Industry Development

【Chain Wen】Cardano founder recently shared his views on the current direction of crypto policy in an interview, speaking quite frankly.

He believes that this year, a certain prominent politician launching a personal Meme coin has directly turned cryptocurrency from an issue acceptable to both parties into a target easily attacked. This has provided opponents with ample ammunition and made legislative progress more complicated.

Regarding the “World Liberty Financial” project, he thinks the timing of its launch was problematic. During a critical period of policy formulation, private financial projects and public decision-making should be kept separate; mixing them only causes confusion.

He also has opinions on the proposal for the government to establish a strategic reserve containing multiple cryptocurrencies. He opposes the idea of government departments selecting specific tokens to include—this essentially amounts to the government choosing market winners, which should not be their role.

Interestingly, because of these public statements, he has been excluded from certain private gatherings. But he has no regrets about it—although later his project token (ADA) was also included in the reserve, he clearly sees this more as a political move to appease various parties. Speaking with principles is more valuable than attending dinners.