In the last Livestream game, the founder of Cardano Charles Hoskinson ignited great speculation about whether the US government can adopt Cardano under the supervision of Elon Musk – which now heads the newly formed government efficiency (DOGE). Although there are no official assurances from the Ministry of Governmental efficiency, the US Treasury, or Musk itself, the conversation between industrial monitors focuses on the possibility of Cardano playing an important role in Blockchain federal initiatives.
The ELON Musk’s impact on President Donald Trump’s administration is due to the leadership of the Ministry of Governmental Enable Ministry – an initiative aimed at renewing government operations. Although criticism about the intersections of companies and government policy, the Musk impact may only expand, pushing curiosity about his following movements in the encryption space.
Hoskinson says Cardano will be ready
From Hoskinson’s point of view, Musk’s ambitions can encourage federal government to adopt Blockchain technology. According to Hoskinson: “Likewise, he is [Elon Musk] It will also submit recommendations to the US government to adopt an encrypted currency as well. There was a lot of discussion. Will Cardano be in that conversation? I will believe it. “
However, Hoskinson Assure The American government purchases are not a clear process: “The challenge is that Elon cannot impose that the American government does this. It must pass through the regular purchase. What will happen is that these RFPs will take years to reach their path because there will be lawsuits. And discussions and actions required, all kinds of things.
Hoskinson also took the climate of organizational pressure in the previous years, with highlighting that many of the main coding – Coinbase, Kaken and Binance – described the incidents that involve financial institutions that close the coding bank accounts, and stressed the importance of creating a more welcome environment in US.
“The past four years have been terrible, as a lawsuit was filed against Coinbase, a lawsuit was filed on Kraken, and Binance was sued, and you had banks that told FDIC to cryptocurrencies. Bank accounts were closed. So the first goal is to get rid of that environment. The second goal is to create a pro -growth environment … The third goal is to let us get the United States government on Blockchain. Let’s make sure that Cardano is part of that story, and I think there is a path there. “
Musk’s relationship with encryption – especially Dogecoin – has been widely published. However, the following billionaire steps are still unconfirmed. Hoskinson assumes that Musk is preparing to “enter the full space of the encrypted currency” through its X. The comprehensive question is any Blockchains Musk may support.
“What will Elon Musk do in encrypted currencies? We all know that he is planning to enter the full space of the encrypted currency, and that will be through X. X will be an encrypted currency portfolio, and it will be the largest cryptocurrency in the world. The Cardano founder speculated that it will be 500 million users.
He added that it is still unclear, i.e. Blockchain, who will support him: “So the question is, well, what are the cryptocurrencies he supports? Does he want Defi? No one knows.
Modern reports indicate that Musk, through the DOGE section, may evaluate Blockchain solutions to simplify federal processes. The sources that Bloomberg cited hinted that the numerical professor’s book can monitor government spending, secure sensitive information, operation payments, and supervise the management of buildings and federal property.
According to additional leaks, Dogecoin representatives “communicated informally” with various public banking groups – a introduction that led to discussions on whether Cardano could find himself on the brief list of potential technologies for wider government implementation.
Another interesting piece of the puzzle is the hidden observation of Hoskinson on social media, as mentioned by Betkoist last week. At that time, posted on X: “VIP dinner was transferred from 22 to the first. So the superior meeting is early March now.” When a user asked about the dinner list, only Hoskinson’s offer: “Diet Cokee will be certain. It is on it.
Some commentators explained this as a reference to two high-ranking people known for their vials-or at least a playful-coca-diet: President Donald Trump and Elon Musk. The famous President Trump had the “Coca -Cola Diet” in the Oval Office, while Musk once jokingly regretted X about giving up drinks.
Although the speculative continues, supporters argue that the sign may refer to both the White House of Trump and the role of continuous musk in forming government policy through the Ministry of Governmental efficiency.
At the time of the press, ADA was traded at $ 0.78.
Distinctive image created with Dall.e, Chart from TradingView.com
