#CardanoDebate Is Charles Hoskinson’s Proposal a Smart Move?
Charles Hoskinson has proposed using 140 million ADA (~$100 million) from the Cardano treasury to purchase BTC and Cardano-native stablecoins (USDM, USDA, IUSD) — aiming to supercharge DeFi growth within the ecosystem.
The market reacted quickly: $ADA dropped 6% following the announcement. Some in the community view this as a bold and strategic push toward long-term ecosystem maturity. Others worry it's a risky move given current market conditions and unresolved governance concerns.
📌 My take? The proposal is ambitious and could strengthen Cardano’s DeFi footprint — but only if executed transparently and with strong community oversight. Without it, the short-term volatility may outweigh the intended benefits.
💬 What do you think — visionary leap or dangerous gamble?
