# Privacy isn't a feature — it's the missing infrastructure. Charles Hoskinson on Midnight - Crypto Coin Show

Page: https://stenobird.com/podcast/crypto-coin-show-6582644/privacy-isn-t-a-feature-it-s-the-missing-infrastructure-charles-hoskinson-on-midnight-crypto-coin-show
Text version: https://stenobird.com/podcast/crypto-coin-show-6582644/privacy-isn-t-a-feature-it-s-the-missing-infrastructure-charles-hoskinson-on-midnight-crypto-coin-show.md
Podcast: [Crypto Coin Show](https://stenobird.com/podcast/crypto-coin-show-6582644)
Published: 2026-04-19T05:30:02+00:00
Episode link: https://www.spreaker.com/episode/privacy-isn-t-a-feature-it-s-the-missing-infrastructure-charles-hoskinson-on-midnight-crypto-coin-show--71344356
Audio file: https://dts.podtrac.com/redirect.mp3/api.spreaker.com/download/episode/71344356/privacy_isn_t_a_feature_it_s_the_missing_infrastructure_charles_hoskinson_on_midnight_crypto_coin_show.mp3
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Duration seconds: 5091

## Resource

Most blockchains were built to be transparent by design. That transparency is now the single biggest reason institutions won't put sensitive data on-chain — and why the Clarity Act, as written, still misses the point. Charles Hoskinson, Co-Founder of Ethereum and Founder and CEO of Input Output Global, joins Ashton Addison to cover the most consequential conversation in crypto right now: why the US regulatory framework needs a full overhaul, not just amendments, what the fourth generation of blockchain actually solves, and why privacy infrastructure is the unlock that brings real-world adoption at scale. We also go live on a demo of the Midnight Passport — showing what selective disclosure looks like on a real interface, not a whitepaper. You'll learn: Why Charles argues the Clarity Act needs to be rebuilt, not refined, and what good crypto legislation actually looks like What the fourth generation of blockchain means and why privacy is a structural shift, not a bolt-on feature How Midnight's selective disclosure mechanism works in practice — demonstrated live with the Midnight Passport Why Google Cloud and MoneyGram committed to running infrastructure on day one, and how those conversations happened What the Glacier Drop's 4 billion token distribution across Cardano, Ethereum and other ecosystems signals about real demand How Midnight balances confidentiality with accountability — and why privacy on-chain is not a gift to bad actors What Charles didn't understand before building Cardano — and what he'd tell himself now 🔗 https://midnight.network 🐦 https://x.com/InputOutputHK 🔔JOIN OUR FREE NEWSLETTER FOR 100X GAINS🔔: https://cryptocoinshow.substack.com/subscribe

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