Why Retail Is Exhausted and Institutional Federation

Input Output founder Charles Hoskinson joins the desk at Consensus Hong Kong to address the growing "hopelessness" in retail and the high-stakes battle against "federated" custodial chains. Hoskinson breaks down his $3 billion paper loss, why he replaced himself on X with a digital twin, and why Bitcoin must finally evolve to face the quantum threat.

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This episode was hosted live by Jennifer Sanasie and Sam Ewen at Consensus Hong Kong 2026, presented by Hex Trust.