{"id":826104,"date":"2025-02-11T07:11:44","date_gmt":"2025-02-11T13:11:44","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/11\/charles-hoskinson-slams-usaid-for-funding-book-linking-bitcoin-to-extremism\/"},"modified":"2025-02-11T07:11:44","modified_gmt":"2025-02-11T13:11:44","slug":"charles-hoskinson-slams-usaid-for-funding-book-linking-bitcoin-to-extremism","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/11\/charles-hoskinson-slams-usaid-for-funding-book-linking-bitcoin-to-extremism\/","title":{"rendered":"Charles Hoskinson Slams USAID for Funding Book Linking Bitcoin to Extremism"},"content":{"rendered":"<div role=\"main\" id=\"main-content-row\">\n<article id=\"the-post\" data-post-url=\"https:\/\/coinpedia.org\/news\/charles-hoskinson-slams-usaid-for-funding-book-linking-bitcoin-to-extremism\/\" data-post-title=\"Cardano Founder Slams USAID\u2019s \u201cGarbage\u201d Bitcoin-Extremism Link\" data-post-edit=\"https:\/\/coinpedia.org\/wp-admin\/post.php?post=418083&#038;action=edit\">\n<div>\n<figure><img width=\"1200\" height=\"628\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/11\/28172423\/Cardano-Founders-Outburst-Sparks-Debate-Among-Crypto-Communities.jpg\" alt=\"Cardano Founder\u2019s Outburst Sparks Debate Among Crypto Communities\" data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"  ><\/figure>\n<\/div>\n<div>\n<p>Bitcoin has sparked debates for years, but now it\u2019s at the center of a new controversy \u2013 this time involving <a href=\"https:\/\/coinpedia.org\/news\/us-government-to-hold-bitcoin-on-its-balance-sheet-in-6-months-predicts-mike-novogratz\/\" target=\"_blank\" rel=\"noreferrer noopener\">U.S. government funding<\/a>. Cardano founder <a href=\"https:\/\/app.coinpedia.org\/charleshoskinson\" target=\"_blank\">Charles Hoskinson<\/a> <span><span><img decoding=\"async\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2022\/11\/10122626\/info_icon.svg\" alt=\"information\"><\/span> <span> <span> <span><a href=\"https:\/\/app.coinpedia.org\/charleshoskinson\" target=\"_blank\"><img decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" data-lazy-src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2022\/11\/09190601\/link.svg\"><\/a><\/span><\/span><\/span><\/span><\/p>\n<p><span> <img decoding=\"async\" src=\"https:\/\/image.coinpedia.org\/app_uploads\/profile\/1706356526893pofjeij2ch.jpg\"> <span>Charles Hoskinson<\/span> <span> <\/span> <span>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&#8217;s landscape. Charles co-founded Ethereum, one of the most prominent blockchain platforms, and later established IOG, a blockchain research and development company.\u00a0<br \/>\nDetails:  Organization: Ethereum<br \/>\nLocation: United States<br \/>\nEducation: Master&#8217;s degree and PhD program University of Colorado Boulder  Experience:  Founded first company at 18.<br \/>\nJoined the Bitcoin Foundation and served as founding chairman of the educational committee.<br \/>\nCo-founded Ethereum in 2014.<br \/>\nFounded IOHK in 2017.<br \/>\nLed the development of the Cardano blockchain platform.  FAQ<br \/>\n1. What is the net worth of Charles Hoskins?<br \/>\nCharles Hoskins&#8217;s net worth is $600-700M.<br \/>\n2. What are Charles Hoskinson\u2019s crypto ventures?<br \/>\nDuring his decade-long crypto career, Hoskinson participated in several of the most prominent crypto projects in the industry.<br \/>\n\u00a0<\/span> <span><\/span> <span><span>Chief Executive Officer<\/span><\/span>  <\/span>    has called out the U.S. Agency for International Development (USAID) for backing a book that links Bitcoin to right-wing extremism.<\/p>\n<p>The revelation, brought to light by WikiLeaks, has stirred outrage among crypto supporters. Why is a government agency funding such a narrative?<\/p>\n<p>Let\u2019s break it down.<\/p>\n<h2 id=\"h-usaid-funded-book-sparks-controversy\">USAID-Funded Book Sparks Controversy<\/h2>\n<p>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.<\/p>\n<p>Hoskinson called the book\u2019s claims \u201cgarbage,\u201d voicing his frustration on social media.<\/p>\n<figure>\n<div>\n<blockquote data-width=\"550\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>So apparently, USAID is funding the production of propaganda that says Bitcoin is right-wing extremism. <\/p>\n<p>I&#8217;m so done with this garbage <a href=\"https:\/\/t.co\/hG9ViJiW0A\">https:\/\/t.co\/hG9ViJiW0A<\/a><\/p>\n<\/div>\n<p>\u2014 Charles Hoskinson (@IOHK_Charles) <a href=\"https:\/\/twitter.com\/IOHK_Charles\/status\/1888946776188579882?ref_src=twsrc%5Etfw\">February 10, 2025<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n<h2 id=\"h-usaid-faces-scrutiny\">USAID Faces Scrutiny<\/h2>\n<p>This comes at a time when USAID is under growing scrutiny. The Trump administration recently issued an executive order freezing the agency\u2019s 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\u2019s future.<\/p>\n<p>Hoskinson isn\u2019t alone in questioning USAID\u2019s budget. Representative French Hill, chairman of the House Financial Services Committee (HFSC), recently commented on the agency\u2019s spending. He revealed that Elon Musk\u2019s <a href=\"https:\/\/coinpedia.org\/news\/how-the-department-of-government-efficiency-is-cutting-365-billion-in-federal-spending\/\" target=\"_blank\" rel=\"noreferrer noopener\">Department of Government Efficiency<\/a> (DOGE) is also reviewing USAID\u2019s financial allocations. Additionally, Hill noted that Secretary of State Mike Rubio, who oversees USAID, will play a key role in deciding the agency\u2019s future funding.<\/p>\n<h2>The Bigger Debate: Bitcoin\u2019s Reputation and Government Influence<\/h2>\n<p>Hoskinson\u2019s criticism highlights a broader debate over Bitcoin\u2019s 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.<\/p>\n<p>The controversy reflects ongoing tensions between the crypto industry and government agencies.<\/p>\n<div>\n<h5>Never Miss a Beat in the Crypto World!<\/h5>\n<p>Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.<\/p>\n<\/div>\n<\/div>\n<div data-wpr-lazyrender=\"1\">\n<h2>We&#8217;d Love to Hear Your Thoughts on This Article!<\/h2>\n<div>\n<h4>Was this writing helpful?<\/h4>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/coinpedia.org\/news\/charles-hoskinson-slams-usaid-for-funding-book-linking-bitcoin-to-extremism\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Nidhi Kolhapur<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has sparked debates for years, but now it\u2019s at the center of a new controversy \u2013 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<\/p>\n","protected":false},"author":1,"featured_media":826105,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1144,99658],"tags":[],"class_list":["post-826104","post","type-post","status-publish","format-standard","has-post-thumbnail","category-charles","category-hoskinson"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/826104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=826104"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/826104\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/826105"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=826104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=826104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=826104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}