{"id":30297,"date":"2025-06-05T02:46:53","date_gmt":"2025-06-05T02:46:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30297"},"modified":"2025-06-05T02:46:53","modified_gmt":"2025-06-05T02:46:53","slug":"bitcoin-needs-its-own-bretton-woods-says-cardano-founder","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30297","title":{"rendered":"Bitcoin Needs Its Own Bretton Woods, Says Cardano Founder"},"content":{"rendered":"
\n

Cardano founder Charles Hoskinson has issued a full-throated call for a \u201ccrypto-native Bretton Woods,\u201d arguing that Bitcoin should anchor an algorithmic stable-value system completely outside the orbit of commercial banks and custodians. Speaking during a panel<\/a> on BTC-focused decentralized finance, Hoskinson traced the asset\u2019s raison d\u2019\u00eatre back to the 2008 financial crisis and castigated any resurgence of traditional finance within the digital-asset space.<\/p>\n

Bitcoin Must Back A New Bretton Woods<\/h2>\n

\u201cThe reason Bitcoin exists is we had a divorce from the legacy financial system after 2008\u2014and it was not a good divorce,\u201d he said. \u201cAsset-backed stablecoins that are centralized are like having to give your kids to your ex for the weekend. I hate the centralization of them [\u2026] the banking industry is leaking its way back into crypto, putting all the things we tried to get away from right back in.\u201d<\/p>\n

Hoskinson framed centralized, dollar-backed tokens as antithetical to Bitcoin\u2019s founding ethos and instead championed algorithmic alternatives. Recalling his collaboration with Dan Larimer on BitUSD\u2014one of the sector\u2019s first over-collateralized, on-chain dollars\u2014he said the experiment \u201cshowed the art of the possible.\u201d Cardano\u2019s own Djed<\/a>,\u00a0he added, \u201chas worked pretty well.\u201d Yet his \u201cdream\u201d remains an algorithmic stablecoin whose collateral is pure BTC:<\/p>\n

\u201cI always dreamed of finding a way to have Bitcoin be an algorithmic stablecoin, where you use Bitcoin to create a stable value\u2014similar to how the Bretton Woods agreement worked when gold backed US dollars<\/a>. That\u2019s how you create sound money. You connect it to an anchor point. There\u2019s no third-party custodian, and it just flows the way you want it to.\u201d<\/p>\n

Hoskinson next turned to tokenized real-world assets\u2014property, intellectual-property rights, \u201chard and soft assets\u201d\u2014arguing that Bitcoiners will demand access without relinquishing their coins. The solution, he said, lies in non-custodial lending protocols that treat BTC as pristine collateral: \u201cFigure out lending protocols where they can lend out, get some stablecoin, do something, participate, get a yield, get the yield back in Bitcoin, get their Bitcoin back. There\u2019s a path there.\u201d<\/p>\n

A Supply Squeeze In The Making<\/h2>\n

That path, Hoskinson predicted, will converge with an aggressive wave of institutional and sovereign accumulation. \u201cThe scarcity of Bitcoin is going to grow dramatically over the next 24 to 36 months as the U.S starts buying it, as corporations start buying it,\u201d he said, referencing the pending US market-structure<\/a> bill he expects in August. \u201cThe demand for Bitcoin will be so furious\u2026 that\u2019s going to lead to a shortage.\u201d<\/p>\n

In such an environment, long-time holders would rather lever their coins than incur capital-gains tax: \u201cIf you\u2019re that 10,000 BTC person who bought under a dollar [\u2026] you really do not want to divest at $120,000 and pay that tax bill. You\u2019d much rather lend it\u2014tax-neutral\u2014get a yield, pay taxes on that yield, and live off Bitcoin as it appreciates.\u201d<\/p>\n

Hoskinson\u2019s monetary critique was unabashedly libertarian. Citing Ron Paul as an early influence, he contrasted BTC\u2019s engineered scarcity with the erosion of dollar purchasing power: \u201cOur government\u2019s deteriorating [savings] by 8 to 10% per fucking year. It is the biggest Ponzi scheme in human history to say we should tolerate that [\u2026] Bitcoin is the first hard money of my lifetime. We just need to clean a few of the edges up\u2014and that\u2019s what Bitcoin DeFi is doing for all of us.\u201d<\/p>\n

Hoskinson\u2019s comments come amid a renewed focus on decentralized finance<\/a> applications for BTC via Cardano. Whether BTC finds its own \u201cBretton Woods\u201d remains to be seen\u2014but for Hoskinson, the mission is clear: a hard money system built without compromise.<\/p>\n

At press time, BTC traded at $104,960.<\/p>\n

\"Bitcoin<\/div>\n","protected":false},"excerpt":{"rendered":"

Cardano founder Charles Hoskinson has issued a full-throated call for a \u201ccrypto-native Bretton Woods,\u201d arguing that Bitcoin should anchor an algorithmic stable-value system completely outside the orbit of commercial banks and custodians. Speaking during a panel on BTC-focused decentralized finance, Hoskinson traced the asset\u2019s raison d\u2019\u00eatre back to the 2008 financial crisis and castigated any […]<\/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-30297","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\/30297","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=30297"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30297\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}