“Bukele wanted to make a Cardano Airdrop to all in El Salvador”


  • The fear was to transfer ada to members of the MS-13 gang, violating the regulations of the OFAC of

  • He criticized the chaotic adoption of Bitcoin, with officials guided by messages at WhatsApp.

Charles Hoskinson, founder of Cardano, announced a proposal that he received four years ago, in 2021, from El Salvador, Nayib Bukele. This was a massive airdrop of the token ada to the entire population of El Salvador. However, Hoskinson said he had rejected the offer after a week of chaotic negotiations, claiming that the risk of violating US sanctions against gangs such as MS-13 was too high, which would have triggered a severe reaction from Washington.

In an interview at The Shawn Ryan Show, Hoskinson explained that the Airdrop proposed by Bukele would have transferred cryptocurrencies massively without discrimination. Therefore, potential members of the MS-13 would be included, an organization in the American of the American of the American of the US.

According to Hoskinson, this action would have exposed to Cardano to serious legal consequences, a situation that he considered unacceptable, especially under the administration of Joe Biden that, according to him, maintained a position of “regime change” against Bukele.

His statement tries to shed new light on the adoption of Bitcoin by El Salvador, An event that Hoskinson cataloged as chaoticalthough historical.

He also cataloged the Salvadoran disorganized, but transformative experiment, a movement that forced institutions such as the International Monetary Fund (IMF) and other governments to rethink its position against Bitcoin.

Despite praising Bukele’s strategy and considering it as bold, Hoskinson harshly criticized the execution. This Relatizing meetings with officials who lacked structure and were guided by speeches of the president shared on WhatsApp.

During the five hours of talk with Shawn Ryan on various topics, the founder of Cardano narrated as anecdotal the speech of a minister who proclaimed that “the power of magma will be the fate of El Salvador”, in reference to digital mining with geothermal energy. In addition, he pointed out the technical failures of the Wallet goat as a key obstacle to the adoption of the pioneer digital currency.

The Ethereum co -founder also said that Bitcoin’s volatility can be mitigated with decentralized financial tools (defi) and asset token.

Argued that The true impact of the Salvadoran experiment transcended its bordersby inspiring projects in Guatemala and Honduras that adopt the currency created by Satoshi Nakamoto. Many of them, with the idea that their governments change their rigid positions.

Although his story about chaotic discussions with Salvadoran officials sounds plausible, there is no public evidence to corroborate that Bukele directly offered Hoskinson to make a Cardano Airdrop. In fact, there are doubts in the Bitcoin community, so much so that Cory Bates, a community member, initiated an X survey for Know how many believe in the version of the American businessman.

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