{"id":26059,"date":"2025-05-09T18:01:36","date_gmt":"2025-05-09T18:01:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=26059"},"modified":"2025-05-09T18:01:36","modified_gmt":"2025-05-09T18:01:36","slug":"cardano-founder-finally-speaks-out-on-secret-diet-coke-meeting-with-trump","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26059","title":{"rendered":"Cardano Founder Finally Speaks Out On Secret \u2018Diet Coke\u2019 Meeting With Trump"},"content":{"rendered":"<div>\n<p>Charles Hoskinson has broken months of silence over the mysterious Mar-a-Lago<a href=\"https:\/\/bitcoinist.com\/rumor-musk-doge-pick-cardano-what-we-know\/\" target=\"_blank\" rel=\"noopener \"> \u2018diet coke\u2019 dinner<\/a> that never was, tracing what he called \u201ca long arc of confusing and strange turns\u201d that began last autumn and culminated in his unexpected removal from former President Donald Trump\u2019s 1 March candle-light fundraiser\u2014an incident insiders had nicknamed the \u201cDiet Coke\u201d meeting.<\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=CxzEFJ9UffU\" target=\"_blank\" rel=\"noopener nofollow\">Streaming<\/a> from Colorado on May 8, the Cardano creator unfolded a chronology that reached back to the September 2024 SALT conference in Jackson Hole, where he first spoke with advisers who would later join Trump\u2019s transition team. Those conversations, he recalled, centred on establishing a crypto czar and a wider \u201ccrypto commission made up of industry leaders.\u201d Hoskinson told viewers he had signalled willingness to serve if the then-presumptive Republican nominee captured the White House.<\/p>\n<h2>How The Cardano Founder Didn\u2019t Become Crypto Czar<\/h2>\n<p>Trump did win, but the appointment went elsewhere. \u201cDavid Sacks was announced,\u201d Hoskinson said, noting that the role was ultimately combined with an artificial-intelligence portfolio. A commission chaired by former Congressman <a href=\"https:\/\/bitcoinist.com\/us-must-move-fast-bitcoin-race-has-begun-bo-hines\/\" target=\"_blank\" rel=\"noopener \">Bo Hines<\/a> remained on the table, yet clarity proved elusive. \u201cEvery time we talked to somebody [\u2026] people would give us mixed messages,\u201d he explained.<\/p>\n<p>Against that backdrop, Hoskinson secured an invitation to a February 22 \u201cVIP dinner\u201d at Mar-a-Lago, only to be told the event had shifted to 1 March because Trump would be meeting Ukrainian President Volodymyr Zelenskyy. He spent weeks preparing briefing material\u2014\u201chundreds of documents,\u201d he said\u2014but on the day he boarded a flight to Florida the call came: he had been disinvited. \u201cExcuse me, disinvited? I\u2019ve been preparing for this for a while. I\u2019m on the plane literally flying down,\u201d he recounted.<\/p>\n<p>Hoskinson continued to Florida, where previously scheduled meetings with Senator Tim Scott, Ohio Senate candidate Bernie Moreno and former Speaker Kevin McCarthy proceeded as planned. Yet the explanation for his removal never arrived. The livestream provided the first detailed narrative of what he now believes occurred.<\/p>\n<p>According to Hoskinson, Thursday\u2019s revelation was prompted by <a href=\"https:\/\/bitcoinist.com\/trump-duped-endorsing-xrp-crypto-reserve\" target=\"_blank\" rel=\"noopener \">the Politico story<\/a> headlined \u201cFrom Trump Whisperer to West Wing Pariah: How Lobbyist Brian Ballard Angered Trump.\u201d The article reveals that lobbyist Brian Ballard\u2014or someone \u201cin Ballard\u2019s orbit\u201d\u2014tricked Trump into making a Truth Social post about a XRP, ADA and SOL \u201ccrypto reserve.\u201d<\/p>\n<p>In early March a draft list of reserve assets had surfaced showing Cardano\u2019s ADA among them, alongside XRP and others. The Cardano founder insists his public position has always been that \u201cif they\u2019re going to do a reserve, it\u2019s only going to be Bitcoin,\u201d a stance he had aired in multiple interviews and elsewhere. Nonetheless, he became associated with ADA\u2019s inclusion, triggering push-back from incoming technology adviser David Sacks.<\/p>\n<p>Quoting the Politico piece, Hoskinson said Sacks \u201cwas furious\u201d when the list became public and \u201ctried to get everything reversed,\u201d although the move could not be undone quickly. Hoskinson believes someone close to Ballard feared he would publicly oppose the multi-asset reserve if seated near Trump\u2014potentially before dessert. \u201cThey knew that if I was asked at that dinner about the reserve, I would have said\u2026 only Bitcoin should be in it,\u201d he told viewers. \u201cI wasn\u2019t there to say that, and at least now I know why.\u201d<\/p>\n<p>Compounding the confusion, the Cardano founder said, was a February 5 social-media quip that he \u201cdidn\u2019t want to pay five million dollars for dinner,\u201d a light-hearted reference to a 2020 XRP-community fundraiser. That line, he now suspects, was resurrected as an official-sounding pretext for his removal.<\/p>\n<p>The fallout extended into the West Wing, where, according to Hoskinson, staff briefed journalist Laura Shin that he had \u201cnothing at all to do in any way, shape, or form with any crypto policy\u201d and had never been invited to Mar-a-Lago. \u201cI just showed you the invitation now, didn\u2019t I, Laura?\u201d he said, screen-sharing the embossed card. White House aides, he added, asked his UK office for comment and published thirty minutes later\u2014an episode he characterised as \u201ca great, highly credible organisation,\u201d the sarcasm audible.<\/p>\n<p>Hoskinson stressed that his frustration is aimed not at Trump or his children\u2014\u201cI just did panels with <a href=\"https:\/\/bitcoinist.com\/is-trump-a-bitcoin-whale-eric-trump-says-yes\/\" target=\"_blank\" rel=\"noopener \">Don Jr.,<\/a> doing one with Eric\u201d\u2014but at \u201ca few Democrats\u201d portraying crypto as a partisan issue and at the inside-the-Beltway \u201cserpentine\u201d lobbying that blindsided him. \u201cThis is the nature of Washington, D.C. There\u2019s a thousand people jockeying and doing bat\u2014 crazy things,\u201d he said.<\/p>\n<p>Yet he also emphasised legislative momentum: the Genius Act, market-structure talks and what he views as a growing bipartisan consensus on stable-coin regulation. Lawmakers, he argued, are easier to map than executive-branch operators because \u201cover a good steak\u201d they say plainly what language they want.<\/p>\n<p>In the livestream\u2019s closing minutes Hoskinson reiterated his conviction that crypto policy must outlive any single administration. \u201cWe do not need policy that can be reversed the minute a Democrat gets elected,\u201d he said, invoking the Securities Exchange Act of 1933 as a template for enduring statute. The Cardano policy office, run by former Wyoming regulator Karen Wheeler and attorney Joel Telpner, will therefore \u201ckeep engaging\u201d with Congress, the CFTC and the SEC regardless of Oval Office intrigues.<\/p>\n<p>In his own words, the episode\u2019s lesson is simple: \u201cWelcome to politics. It\u2019s distasteful. It\u2019s serpentine. But the truth always comes out.\u201d<\/p>\n<p>At press time, Cardano traded at $0.7773.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-470287\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/ADAUSDT_2025-05-09_09-16-12.png?resize=1024%2C453\" alt=\"Cardano price\" width=\"1024\" height=\"453\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/ADAUSDT_2025-05-09_09-16-12.png?w=3628 3628w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/ADAUSDT_2025-05-09_09-16-12.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/ADAUSDT_2025-05-09_09-16-12.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/ADAUSDT_2025-05-09_09-16-12.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/ADAUSDT_2025-05-09_09-16-12.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/ADAUSDT_2025-05-09_09-16-12.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/ADAUSDT_2025-05-09_09-16-12.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/ADAUSDT_2025-05-09_09-16-12.png?w=1140 1140w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/ADAUSDT_2025-05-09_09-16-12.png?w=3000 3000w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Charles Hoskinson has broken months of silence over the mysterious Mar-a-Lago \u2018diet coke\u2019 dinner that never was, tracing what he called \u201ca long arc of confusing and strange turns\u201d that began last autumn and culminated in his unexpected removal from former President Donald Trump\u2019s 1 March candle-light fundraiser\u2014an incident insiders had nicknamed the \u201cDiet Coke\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26059","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26059"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26059\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}