The United States Agency for International Development (USAID) is under fire right now as US President Donald Trump and his adviser, Elon Musk, implement their bureaucratic cost-cutting campaign.
According to reports, many projects risk losing funding and support, and thousands of jobs now hang in the balance. However, USAID’s problems don’t end here; the agency is also facing criticism from the crypto community over its alleged questionable funding of a book linking Bitcoin to right-wing extremism.
The latest personality to target the agency is Cardano’s founder, Charles Hoskinson, who says that it’s funding projects to portray cryptocurrency as a tool for “right-wing extremism.”
Hoskinson shared his thoughts on USAID’s possible role, describing the current situation as “garbage” and admitting that he’s frustrated with the stream of online misinformation going on these days.
USAID’s Funding In The Spotlight
Hoskinson’s tirade against the agency stemmed from a post made by WikiLeaks on February 10th. According to the post, David Golumbia, the author of “Cyberlibertarianism: The Right Wing Politics of Digital Technology,” received around $80,000 in government grants.
Golumbia was also the author of “The Politics of Bitcoin: Software as Right-Wing Extremism.”
So apparently, USAID is funding the production of propaganda that says Bitcoin is right-wing extremism.
I’m so done with this garbage https://t.co/hG9ViJiW0A
— Charles Hoskinson (@IOHK_Charles) February 10, 2025
These books, purportedly funded by USAID, found links between Bitcoin and right-wing ideologies. The books are now a reading list for college classes at Duke University and the University of Southern California.
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Author: Christian Encila
