Charles Hoskinson Shuts Down FUD: ’No Government Controls Cardano’

Cardano founder Charles Hoskinson just dropped the mic on conspiracy theories—again. In a fiery rebuttal to growing whispers about shadowy state influence over ADA, he called the claims 'baseless paranoia.' Here's why it matters.

The Backlash: Crypto Twitter's been buzzing with theories about puppet strings and centralized control. Hoskinson's response? A flat-out denial wrapped in blockchain purism—'Decentralization isn't negotiable.'

Why Now?: With Cardano's treasury system maturing and governance votes looming, skeptics are hyperventilating about regulatory capture. Meanwhile, institutional money keeps pouring in—because nothing screams 'government takeover' like hedge funds doubling down (irony optional).

The Bottom Line: Whether you buy the 'free and open' narrative or suspect a slow-motion coup, one thing's clear: in crypto, even decentralization needs PR damage control. Especially when your token's competing with projects that treat compliance like a drinking game.