"I Lost $2.5 Billion While The Government Destroyed Crypto Investors" | Charles Hoskinson

#Bitcoin #Crypto #Finance Charles Hoskinson Founder of IOHK & Cardano reflects on the crypto industry's turbulent past four years, marked by regulatory chaos, failed projects, and political mismanagement, which wiped out retail investors and left altcoins stagnant while Bitcoin became institutionalized. He emphasizes that 2026 is not a typical bull market but a necessary reset, driven by the need for a new generation of protocols focused on rational privacy, smart compliance, and chain abstraction that simplify user experience and enable mass adoption. Despite significant setbacks, including his own $2.5 billion paper loss, Charles remains optimistic about the future, comparing the upcoming crypto evolution to Amazon’s transformation, where real utility and global decentralization will drive growth, reclaim retail trust, and resist Wall Street’s institutional grip, ultimately shaping a stronger, privacy-centered, and politically neutral crypto ecosystem. 🎙 Guests Charles Hoskinson - https://x.com/IOHK_Charles 💳Apply for the Gemini Credit Card: https://Gemini.com/scottmelker Timestamps 3:10 – Crypto industry’s reset, not bull market 4:27 – Trump coin chaos and lost clarity 6:00 – Fourth generation: privacy and chain abstraction 7:24 – Simplifying crypto: intention over complexity 11:00 – Privacy’s comeback and government stance 16:00 – Balancing privacy with regulatory compliance 21:30 – Cardano’s full decentralization explained 28:00 – AI’s double-edged sword for crypto 38:00 – Why US crypto regulation failed & leading to $2.5B loss 57:50 – Optimism: Fourth generation’s transformative potential 🚀 Connect & Learn Join The Wolf Pack Community Channel (Free Telegram) – Daily crypto market updates + direct chat with Scott: https://t.me/+34ihhgJnZYRlOWU8 Join The Wolf Pack News Channel (Free Telegram) - Daily crypto news & technical analysis with Scott: https://t.me/+Jzsrl5Xp9NJmMDk0 Free Wolf Den Newsletter – Crypto news & market analysis every weekday: https://thewolfden.substack.com/ 📊 Featured Trading Tools Arch Public – Hedge-fund-level algorithmic trading tools: https://archpublic.com/ Trading Alpha – Pro-grade crypto indicators (Code: 10OFF): https://tradingalpha.io/?via=scottmelker 📲 Follow Scott Melker Twitter/X: https://x.com/scottmelker Website: https://www.thewolfofallstreets.io/ Spotify: https://spoti.fi/30N5FDe Apple Podcasts: https://apple.co/3FASB2c 📩Promote your brand with The Wolf of All Streets. For sponsorship & partnership opportunities, contact info@thewolfofallstreets.io Disclaimers: #GeminiCreditCard #CryptoRewards This video is sponsored by Gemini. All opinions expressed by the content creator are their own and not influenced or endorsed by Gemini. The Gemini Credit Card is issued by WebBank. For more information regarding fees, interest, and other cost information, see Rates & Fees (https://www.gemini.com/legal/cardholder-agreement). Some exclusions apply to instant rewards in which rewards are deposited when the transaction posts. See Rewards Program Terms (https://www.gemini.com/legal/credit-card-rewards-agreement) for details. Checking if you’re eligible will not impact your credit score. If you’re eligible and choose to proceed, a hard credit inquiry will be conducted that can impact your credit score. Eligibility does not guarantee approval. To qualify for the $200 crypto bonus, you must spend $3,000 within 90 days of account opening. Terms apply (https://www.gemini.com/legal/credit-card-intro-promo-terms). The appreciation of cardholder rewards reflects a subset of Gemini Cardholders from 10/08/2021 to 04/06/2025 who held Bitcoin rewards for at least one year. Individual results will vary based on spending, selected crypto, and market performance. Cryptocurrency is highly volatile and may result in gains or losses. This information is for general informational purposes only and does not constitute investment advice. Past performance is not indicative of future results. ⚠️ Disclaimer The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.