Cardano Founder Claps Back at Censorship Claims
Charles Hoskinson isn’t having it. The Cardano founder fired back this week at claims that governments could strong-arm him into censoring the blockchain. It started with a viral post suggesting he might be forced to freeze users’ assets—something Hoskinson dismissed with a mix of sarcasm and a *Vacation* movie meme.
“I’d love someone to explain to me how a government can tell me how to censor Cardano,” he tweeted. “I’ll wait.” The meme, featuring Chevy Chase looking baffled, pretty much summed up his stance.
The debate isn’t new. Critics have long argued that Cardano—unlike Bitcoin—could be manipulated because of its development structure. But Hoskinson insists that’s nonsense. Cardano’s protocol is decentralized, he says, and no single person can just flip a switch to control it.
The Ghost Chain Narrative Lingers
Despite the pushback, Cardano keeps getting hit with the same old criticisms. Some call it a “ghost chain,” even though it’s currently running over 150 dApps and smart contracts. Others claim development is too centralized around Hoskinson’s company, IOHK.
He’s tried to address that, though. Open governance proposals and community-driven projects are part of the plan to decentralize things further. Whether that’s enough to shake the skeptics? Hard to say. Crypto crowds have short memories but long grudges.
That $100 Million DeFi Proposal
Then there’s Hoskinson’s latest idea—a $100 million DeFi stimulus. The proposal? Use Cardano’s treasury to buy up DeFi assets like USDA and USDM, maybe even some Bitcoin, to pump liquidity into the ecosystem.
Reactions have been mixed. Supporters say it’s a smart way to boost adoption. Critics worry a massive ADA sell-off could tank the price. Right now, ADA’s sitting around $0.60—nowhere near its $3.10 peak but still holding steady in crypto’s top 10.
Will the stimulus happen? No clue. But it’s another reminder that Hoskinson isn’t afraid to stir the pot. Love him or hate him, he’s not exactly fading into the background.
And honestly? The whole “government censorship” argument feels a little tired. If a blockchain can be shut down that easily, it was never decentralized to begin with. But hey, that’s just me.
