Cardano is advancing towards integrating with Bitcoin DeFi, yet concerns about its leadership are surfacing. Founder Charles Hoskinson has pointed out that the lack of a central executive voice is hindering the network's ability to convey a strong narrative. He believes that while Cardano has made significant progress with innovations like Leios and Hydra, the real opportunity lies in Bitcoin DeFi. Hoskinson stated, "We are missing a competent Foundation and executive authority to push these narratives." Minswap, Cardano's largest decentralized exchange, is set to support Bitcoin, tapping into a potential $2 trillion liquidity pool. However, the absence of coordinated leadership may slow adoption and affect community sentiment. Hoskinson has faced backlash for his attempts to guide narrative development, with critics accusing him of centralizing control. The upcoming Rare Evo conference aims to address governance issues and propose a delegated executive power to enhance decision-making. This could provide Cardano with a better chance to compete in the growing Bitcoin DeFi landscape. Read more AI-generated news on: https://app.chaingpt.org/news

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