🇺🇸 Charles Hoskinson: Memecoin TRUMP is a strategic mistake, David Sacks should resign if CLARITY fails
🔹 Cardano founder Charles Hoskinson believes that memecoins TRUMP and MELANIA have severely damaged the image of crypto, associating it with group interests and corruption
🔹 According to him, this has triggered further backlash in Congress, making crypto-related legislation—especially the CLARITY Act—increasingly difficult to pass
🔹 Charles states that if White House crypto advisor David Sacks fails to pass the CLARITY Act before the midterm elections, he should resign due to failing in his role
🔹 The chances of CLARITY passing after the midterm elections are considered highly uncertain due to the risk of a divided Congress
🔹 Charles suggests that if Trump and his family want to launch a memecoin to raise money, they should wait until after the CLARITY Act is passed, when the legal framework is clearer and faces less opposition
🔹 He also criticizes Trump's inner circle for giving inappropriate advice, arguing that David Sacks should have spoken out against it, even threatening resignation to prevent the memecoin launch
$DOGE
$PEPE
$MEME
