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Charles Hoskinson claims he lost 3 billion dollars in crypto in Tokyo. He describes the existing financial system as irredeemably evil, and blockchain is mankind’s only hope. Charles Hoskinson broadcast from Tokyo as red markets ravaged crypto portfolios worldwide. The Cardano founder revealed massive personal losses. Yet he refuses to walk away from blockchain technology. According to Charles Hoskinson on X, markets have turned brutal. He acknowledged the harsh reality facing investors during the third Cardano ambassadors cohort. Red dominates every chart across the industry. Red Days https://t.co/lO21fGjc0w — Charles Hoskinson (@IOHK_Charles) February 5, 2026 Source: IOHK_Charles  Tokyo Speech Reveals Billion-Dollar Conviction Hoskinson met investors throughout Japan who questioned Cardano’s future. He pointed to Starstream and Midnight as proof of progress. Full decentralization positions the network for real-world deployment, he emphasized. The founder made a stunning financial disclosure. He’s personally lost over $3 billion as crypto values plummeted. Walking away would have been easy at any point. “I’ve lost more money than anyone listening to this,” Hoskinson stated. “Over $3 billion now. It would have been really easy to cash out.” He questioned whether money motivates his continued involvement. The answer appears clear through his actions. He contrasted his position with industry figures who succumbed to corruption. You might also like: Ethereum’s Vitalik Buterin Funds Zcash Security Upgrade With Fresh Donation Blockchain Positioned as Humanity’s Economic Future Hoskinson framed cryptocurrency as the inevitable global solution. Globalism has peaked, accelerated by artificial intelligence developments. Demographics shift rapidly across continents. Humanity now thinks collectively rather than nationally. “The only way to run a world like this is through a cryptocurrency,” he declared. “Otherwise, you have to build an empire.” He argued that no nation possesses the strength for global conquest. China included. A globalized market requires a common economic language. After 15…

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Filed under: News - @ February 8, 2026 12:05 am