Charles Hoskinson Slams USAID for Funding Book Linking Bitcoin to Extremism

Bitcoin has sparked debates for years, but now it’s at the center of a new controversy – this time involving U.S. government funding. Cardano founder Charles Hoskinson

Charles Hoskinson Charles Hoskinson is a visionary entrepreneur and technology pioneer renowned as the CEO and Founder of IOG (Input Output Global). With a profound commitment to advancing blockchain technology and decentralized systems, he has played a pivotal role in shaping the cryptocurrency industry’s landscape. Charles co-founded Ethereum, one of the most prominent blockchain platforms, and later established IOG, a blockchain research and development company. 
Details: Organization: Ethereum
Location: United States
Education: Master’s degree and PhD program University of Colorado Boulder Experience: Founded first company at 18.
Joined the Bitcoin Foundation and served as founding chairman of the educational committee.
Co-founded Ethereum in 2014.
Founded IOHK in 2017.
Led the development of the Cardano blockchain platform. FAQ
1. What is the net worth of Charles Hoskins?
Charles Hoskins’s net worth is $600-700M.
2. What are Charles Hoskinson’s crypto ventures?
During his decade-long crypto career, Hoskinson participated in several of the most prominent crypto projects in the industry.
  Chief Executive Officer has called out the U.S. Agency for International Development (USAID) for backing a book that links Bitcoin to right-wing extremism.

The revelation, brought to light by WikiLeaks, has stirred outrage among crypto supporters. Why is a government agency funding such a narrative?

Let’s break it down.

USAID-Funded Book Sparks Controversy

WikiLeaks recently revealed that USAID funded Cyberlibertarianism: The Right-Wing Politics of Digital Technology, a book by David Golumbia. Published by the University of Minnesota Press, the book argues that Bitcoin and cyberlibertarianism align with right-wing ideologies. According to WikiLeaks, the project received over $80,000 in U.S. government funding.

Hoskinson called the book’s claims “garbage,” voicing his frustration on social media.

USAID Faces Scrutiny

This comes at a time when USAID is under growing scrutiny. The Trump administration recently issued an executive order freezing the agency’s funding, affecting its global humanitarian projects. Reports also suggest that some USAID staff members have been placed on leave, adding to uncertainty about the agency’s future.

Hoskinson isn’t alone in questioning USAID’s budget. Representative French Hill, chairman of the House Financial Services Committee (HFSC), recently commented on the agency’s spending. He revealed that Elon Musk’s Department of Government Efficiency (DOGE) is also reviewing USAID’s financial allocations. Additionally, Hill noted that Secretary of State Mike Rubio, who oversees USAID, will play a key role in deciding the agency’s future funding.

The Bigger Debate: Bitcoin’s Reputation and Government Influence

Hoskinson’s criticism highlights a broader debate over Bitcoin’s portrayal in government-backed research. Supporters argue that such narratives attempt to discredit decentralized technologies, which they see as essential for financial inclusion and economic freedom.

The controversy reflects ongoing tensions between the crypto industry and government agencies.

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