Charles Hoskinson: Privacy, Integrity and Cooperation Are What Will Rebuild Crypto
Cardano founder Charles Hoskinson signalled a shift in crypto’s direction, saying the ‘third generation’ of projects has run its course amid scandals, memecoin and NFT hype, and declining trust. Speaking via a Jungle Inc. video highlighted by Times Tabloid, Hoskinson called for a ‘fourth generation’ focused on privacy, selective disclosure and cross-network cooperation — exemplified by his Midnight initiative — that balances decentralization with practical compliance. He rejected token-focused hype, corruption and short-term value extraction, arguing the industry needs integrity and real utility to win back builders, institutions and mainstream users. The piece notes Cardano’s relative positioning among privacy projects and cites a commentator who likened crypto’s trust breakdown to past US fintech retrenchment. The article frames Hoskinson’s remarks as a direct call for reform: rebuild credibility through privacy, cooperation and projects that deliver durable, real-world value. (Disclaimer: not financial advice.)
Neutral
Hoskinson’s message is strategic and normative rather than transactional, so immediate market-moving catalysts are limited. The commentary promotes long-term structural change — privacy, selective disclosure and cooperation — which supports institutional adoption and durability but won’t instantly change prices. In the short term, traders may see modest ADA volatility tied to headlines and renewed attention to Cardano-related projects (including Midnight), but no clear buying signal emerges from rhetoric alone. Historically, thought-leadership and roadmap clarity (e.g., major protocol upgrades) can be bullish over months if backed by execution; conversely, moralizing statements without deliverables are neutral-to-mildly positive at best. If Midnight advances to demonstrable product milestones or regulatory engagement, the long-term impact could be bullish for ADA and privacy-focused assets. Absent that, the announcement primarily aims to restore credibility and recruit builders, so classify market impact as neutral.