18 May 2025

Charles Hoskinson—The U.S. Will Adopt Blockchain at Scale Within 5 Years

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Cardano’s founder, Charles Hoskinson, believes that blockchain will soon become a cornerstone of American life. From voting systems to financial transactions and identity verification, he sees distributed ledger technology as the foundation of a more transparent and efficient digital infrastructure. If the U.S. embraces this path, he argues, other nations will inevitably follow suit.

Speaking in a live session on X, Hoskinson made a striking prediction: The U.S. government will emerge as one of the world’s largest users of blockchain technology. He argues that this transformation is inevitable—decentralized solutions could eliminate election fraud, increase government accountability, and revolutionize public finance.

This isn’t just another wild crypto dream—it’s already on the government’s radar. The Department of Government Efficiency (DOGE), helmed by none other than Elon Musk, has revealed it’s looking into public blockchains for managing state records. If successful, this move could turn blockchain into the backbone of national administration, far beyond just crypto transactions.

“The US government is going to be in the next five years one of the largest procurers of cryptocurrency and blockchain technology,” Hoskinson claimed. He sees voting, public contracts, identity systems, and even the Federal Reserve running on distributed ledger technology (DLT). And once the U.S. goes blockchain-first, the rest of the world won’t be far behind.

Crypto markets are buzzing with speculation about which blockchains might be tapped for this ambitious government initiative. While some suspect that DOGE could go private, Musk himself has confirmed that discussions are underway with multiple public blockchains. Potential players include XRPL by Ripple, Hedera, Algorand, and Ethereum.

The absence of Cardano from the list is hard to ignore—one can only wonder how Charles Hoskinson holds his grudge dear.

Yet, these discussions are already materializing within U.S. government institutions. The Fiscal Service Bureau is exploring blockchain for financial oversight, the Treasury Department is considering tokenizing treasury bonds, and even the Pentagon is investigating blockchain’s potential for managing military logistics.

Still, major challenges lie ahead…

Hoskinson has made his stance on CBDCs crystal clear—he sees them as a ticking time bomb. With governments gaining the ability to freeze funds or limit financial freedom at will, he warns that these digital currencies could become an authoritarian regime’s most powerful weapon.

He also pointed fingers at the Biden administration, accusing it of waging an open war on crypto by tightening regulations and cutting off access to banking services. In his view, this election was more than just a political event—it was a battle for the future of digital assets in the U.S..

Hoskinson delivered a scathing critique of the SEC, accusing the agency of engineering a financial system that erodes individual privacy. He equated the ongoing crackdown to Operation Chokepoint 2.0, an alleged effort to purge crypto from the traditional financial ecosystem.

According to Hoskinson, the stakes couldn’t be higher. If blockchain is embraced, it has the potential to reshape government infrastructure and increase financial transparency. But if the industry loses this fight, society could wake up to a world where financial freedom is nothing more than an illusion.

He didn’t just sound the alarm—he issued a call to action. Crypto enthusiasts must rally together, engage in policy debates, and fight for a decentralized future before it’s too late.

Read on: How to Replace the Government with a Blockchain?

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