Cardano and Shiba Inu Clash Over US Crypto Collaboration
Shytoshi Kusama, the lead developer of Shiba Inu, publicly mocked Charles Hoskinson, the founder of Cardano, over his alleged relations with the incoming Trump administration on crypto policy. The tension unfolded over X, drawing significant attention from the crypto community.
As reported earlier, Charles Hoskinson has expressed plans to engage with lawmakers to foster clear and beneficial regulations for the crypto industry. He intends to establish a dedicated policy division within his company, Input Output Global, aimed at influencing the development of a legislative framework that supports crypto innovation.
Speculation has arisen that Hoskinson could serve as a leading crypto policy advisor in the Trump administration, fueled by his connections and past endorsements of figures within Trump’s circle, such as Robert Kennedy Jr.
Shiba Inu Lead DevMocks Charles Hoskinson
Over the past two days, Hoskinson conducted two live streams where he elaborated on his intentions and connections to work with the Trump administration on crypto policy in 2025. However, Shytoshi Kusama took to social media to question Hoskinson’s claims, suggesting that the Cardano founder might be overstating his influence.
Kusama retweeted a post by popular YouTuber AltcoinDaily, which stated: “Cardano Founder to work with Trump Administration on crypto policy in 2025.” He commented skeptically, “Seriously?!!!!” In a subsequent post, Kusama added, “Oh I see the wording now. Guess that’s why he announced it and not Trump Administration. Lol.”
Seriously?!!!! https://t.co/NEX2aCoNrC pic.twitter.com/ScI8uvPBB7
— Shytoshi Kusama™ (@ShytoshiKusama) November 10, 2024
Not stopping there, Kusama continued his critique with a more pointed statement: “LET ME SAY THIS ONCE AND LOUD AND CLEAR. IF I EVER EVER EVER ANNOUNCE WORKING WITH ANY WORLD GOVERNMENT IN ANY CAPACITY, THE GOVERNMENT WILL ANNOUNCE AS WELL. SINCERELY, SHY.”
His remarks highlight the absence of an official statement from the Trump administration confirming Hoskinson’s claims. As of press time, Hoskinson had not yet reacted to the mockery by the Shiba Inu chief developer.
Interestingly, Kusama himself has been proactive in proposing initiatives to government entities. On November 5, he introduced the concept of the Strategic Hub for Innovation in Blockchain (S.H.I.B.) in a blog post dated November 5, 2024. The proposal envisions transforming a US city into a global center for blockchain technology and sustainable development. Key components of the plan include constructing state-of-the-art facilities, offering economic incentives, fostering talent development, establishing a supportive regulatory framework, and implementing sustainable practices.
With an estimated cost ranging from $1.3 billion to $2.35 billion, the S.H.I.B. initiative aims to generate substantial economic activity, create high-quality jobs, and position the United States as a leader in emerging technologies. The proposal emphasizes the integration of renewable energy sources and energy-efficient technologies to align with national goals for environmental stewardship. Projected outcomes include the creation of thousands of jobs, the establishment of educational programs, and significant contributions to local and national economies.
Despite the ambitious nature of his proposal, Kusama noted the lack of response from the Trump administration. On November 10, he expressed his disappointment via X: “Hey #SHIBARMY, since this was properly ignored (for now) by the USA. Where else in the world could this be adopted as a physical, revenue generating location? Any takers??? Maybe I should ping Japan?”
Supporting Kusama’s initiative, Shiba Inu’s marketing lead, Lucie, suggested alternative locations based on the S.H.I.B. proposal. She commented: “Based on the whole S.H.I.B proposal, my AI suggested approaching these states.” She named Switzerland, Singapore, Estonia, United Arab Emirates (Dubai) and Malta, among others.
At press time, Shiba Inu traded at $0.00002589.
Featured image created with DALL.E, chart from TradingView.com
