Hoskinson has come back into the limelight and said he is killing Cardano. Not the enemies, not the SEC, not the bear market. But the lack of a proper stablecoin. Imagine, even he, the great one, couldn't establish simple liquidity. Now he wants to pull $100 million from the treasury and inject it into Bitcoin and stablecoins. He says this will revive DeFi.
You read this and what? You still don’t know how DeFi works on Cardano. And you probably won’t find out. You don’t even have ADA because you sold everything yesterday for Slerf and didn’t set a stop. And even if you do have it — you’re sitting and waiting for it to grow. With every update, you’re promised a future. A beautiful, decentralized one, but always tomorrow. Today — it’s the same: candle down, no volumes, your faith is fading.
Yes, protocols are being built. Yes, they will make a bridge with Bitcoin. Someday. But you’re not living in the future, you’re in a 5x margin.
So forget what Hoskinson said. Don’t buy ADA out of pity. Don’t buy ADA because “this time it’s different.” Just don’t buy ADA. Although no — do as you wish. Anyway, no one is coming out of here in profit.
