"AI agents will hold more crypto than humans within a decade."
Charles Hoskinson (@IOHK_Charles) studied math, dropped out, built one of the only blockchains designed by peer-reviewed research. He co-founded Ethereum, walked away over how it was run, and built Cardano to do it differently.
The man who has argued with everyone in this industry now thinks the biggest user of crypto won't be people at all.
"Humans are a rounding error in the system we're building. AI agents don't sleep, don't panic-sell, and don't care about price. They transact in tokens because that's the only thing they can actually use."
We cover:
- Why AI agents (not humans) become the dominant on-chain actors, and what that does to every token model
- The infrastructure that has to exist before agents can transact safely at scale
- Why most current blockchains can't handle machine-speed transactions
- Where Cardano's research-first approach fits in a world of autonomous agents
- The identity problem: how do you tell a human from an agent on-chain, and why it matters
- Why he's bullish on the technology but blunt about the timeline
- What he thinks the rest of the industry is getting wrong about AI + crypto
- The one thing that has to happen for any of this to be real
Thanks to Charles for coming on @new_era_finance.
TIMESTAMPS:
00:00 - Intro
01:30 - Why AI Agents Change Everything
06:30 - Humans as a Rounding Error
12:00 - The Infrastructure Gap
18:30 - Identity: Human vs Agent On-Chain
24:30 - Where Cardano Fits
30:00 - What The Industry Gets Wrong
34:00 - The Timeline Nobody Wants To Hear
"550 million crypto users aren't going to magically migrate to your chain. That's the land of wishful thinking."
Charles Hoskinson (@IOHK_Charles), co-founder of Ethereum, founder of Cardano. Twelve years building crypto infrastructure. Has watched every "mass adoption" cycle come and go.
On the @new_era_finance podcast, he broke down why crypto's foundational thesis is broken:
"The market has proven it cannot self-govern. You see what happened with FTX and Luna. The meme coin mania. The hacks and scams."
"Crypto has always been built on scarcity. 'We can't scale, so we'll charge surge pricing.' Try to send money to a friend while someone trades memecoins — you pay more. For nothing."
"Google does not charge surge pricing because there are more websites on the internet. That's not how the real world works. Yet that's exactly how crypto works."
"Pull out your BlackBerry. Open Internet Explorer. Go to your AOL account. Reset your Myspace password. All those had over 100 million users. They seemed unassailable. Now they're all gone."
"The only way long-term people are going to use crypto is through agents. They'll delegate authority to AI to do it on their behalf."
"The paradox of agents: to make them effective, they have to know you. The more they know about you, the more dangerous they are."
"Technology has a way of breaking monopolies relentlessly."
Translation: the entire premise of crypto adoption — that users will choose to learn wallets, manage keys, and pay gas — is wrong. The next billion users won't "adopt" anything. AI agents will use crypto on their behalf. The chains that survive aren't the ones with the most evangelists. They're the ones built for machines, not believers.
Which crypto thesis do you think breaks first?
VIA Labs is officially live on BOTH @MidnightNtwrk testnet and @Cardano testnet!
Moneta's @USDMOfficial is the first token you can natively transfer between the two.
Try it yourself: https://t.co/4MK1VRhX3d
Open beta — try it, break it, transfer it.
@TapTools Very sad news 😢 I use TapTools every day. Like a lot of people I guess.
Hope this can be prevented with the help of @Cardano_CF or maybe @IOHK_Charles
What if Cardano became the backbone of global agriculture?
The 5am earth proposal could bring:
2M+ monthly active users
7–10M monthly transactions
Up to $1.2B in ecosystem contribution
All driven by real farmers, real commodities, and real agriculture workflows on Cardano.
This is what mainstream adoption looks like.
Cardano Native Tokens continue to pump🤯
$STRIKE just hit a new ATH
$ASCEND looks like it's heading towards a new ATH
$SURF getting ready for the next move?👀
I agree with @F_Gregaard - Let’s put Cardano where it belongs!
Cardano is better together, and I would be happy to join you and the community in Singapore for the 2026 Cardano Summit and Token 2049
If you have not voted yet, I encourage you to vote yes today for the revised Cardano Summit proposal
See you all in October in Singapore!
NEWS
CARDANO RANKS #1 IN STABLECOIN MARKET CAP GROWTH 😱😱😱
Cardano ranked first this week on @MessariCrypto Network Leaders & Movers for stablecoin market cap growth over the past 7 days.
Vitalik Buterin just said Ethereum needs a course correction!
In a new post, he laid out where he thinks Ethereum went wrong and where it needs to go next!
& some of the things he's pushing Ethereum toward would look awfully familiar to Cardano peeps, hehe!
Let's talk 👇
Our prediction perps contracts are now live on Midnight mainnet and closed mainnet is launching SOON 👀
We're opening a limited number of spots for access, apply here:
https://t.co/shCNofPQEn
Contract Links:
https://t.co/mMIwJKn6uo
https://t.co/rPzeZYZco7
@Jinx_The_Guy@astroboysoup *from what I understand* There were no projects wanted to pay for Oracle use. (Why would you, just don’t use it 😅)
Then they got funded using Catalyst and could hang on for some time.
And when Pyth came, there was no need to use Charli3 anymore.
Midnight 🤝 @AscendPerps
Ascend is now listed in Midnight's official ecosystem catalogue.
https://t.co/CdoVm7BfUp
We're taking the Midnight ecosystem to the next level with a full private DeFi stack!
After reflecting deeply on this governance process, a few things are clearer to me than ever.
Cardano is alive. The community is engaged. And that matters more than any single vote.
But this process has shown me something important: Cardano's governance is real. You are not passive holders. You are owners. That is exactly what we built this for.
It has also reminded me that when Cardano has needed it most, the Pentad delivered. IOG, EMURGO, the Cardano Foundation, Midnight Foundation, and Intersect have proven they can coordinate and bring critical integrations to life when the ecosystem needed it. That coordination layer matters now more than ever.
So let me show up the way I should.
I will be in Singapore for the Cardano Summit and I will be on stage. I am also personally committing to partially top up our Token2049 sponsorship to Title level. Being on that main stage is where Cardano and Midnight need to be heard.
To the Pentad, I am inviting all of you to sit down and have a real conversation about the future of governance and how we formalise this coordination going forward.
I am 100% focused on Cardano and Midnight. Always have been. Let me prove it. #strongertogether